"The teacher, if indeed wise, does not bid you to enter
the house of his wisdom, but leads you to the threshold
of your own mind."
-- Kahlil Gibran
That quote, and that mindset, completely transformed
my ability as a trader.
Because the day it clicked for me, was the day I
tuned out the cheerleaders, turned off the hi-lite reels,
and sought out sources that would challenge me,
question everything I thought I knew,
make me think for myself,
and most importatnly...
-- to accept complete, and full responsibility
for my own trading decisions.
No more blame games.
No more excuses.
It's not the PPT, the Cabal's, Goldman's,
the market makers, or the newsletter pundit's fault,
-- it's mine, and mine alone.
I get my information from a wide variety of sources.
I digest it. I study it. And then, I make my own decisions.
Every criticism, and every question asked here over the
last couple of days, has already been answered with
clarity and simplicity.
People who only occassionally read this board, or who do so
with a board-troll mentality, will continue to only see
what they want to see, and only hear what they want to hear,
regardless of what I've said, or written.
And there's nothing that I, or anyone else can do
to change that bias.
I don't write to, or for, those people.
If you're looking for only good news, 24 x 7 cheerleading,
and pom pom waving... you're in the wrong place.
For those of you with a nickel slot, daytrading mentality,
interested in .13 cent scalps in markets that move in 100-
200 point, and $100-$200 swings, you're also in the wrong place.
For those of you who want to be continually told that...
it's not your fault when we get these violent 100-200 point
index corrections, and $100-$200 corrections in the gold price,
and want nothing but $2,000 blue-sky gold smoke blown up your
ass - you're in the wrong place.
For those of you who get offended by those of us who see the
greatest risk:reward opportunity, and the easiest way
to doubling your returns in trading gold and gold stocks,
by trading it in both directions, long and short,
you're in the wrong place.
And for those of you who who are too lazy to spend five
minutes a day monitoring indicators that have been literally,
a bread crumb laden, yellow brick road to windfall trading
profits in gold, and instead want to follow the farcity and
folly of TA "systems" like E-Waves, Fractals, or P&F --
you're in the wrong place.
I can not change the bias of permabulls who only want
to hear and see opinions that reinforce thier own. I can not
open a closed mind, nor can I cure the blindness of those who
refuse to see...
“Any fact facing us, is not as important as our attitude
toward it, for that determines our success or failure.”
-- Norman Vincent Peale
This Sunday night, I'll unload one of those 17 page brain
dumps, that unfortunately will include about 8 pages of
cut & paste answers to questions and criticisms that have
already been answered.
I'll take the 3 to 4 hours of time that it takes to
cut and paste, cut and paste, cut and paste, what many of
you have already read, but refused to see.
And for those of you who are looking for a "scout" and
not another "cheerleader"... I'll have some good news.
Mo later.
You're favorite SOB,
S.O.T.B.
PS:
Tonight is the premiere screening nationwide for
"IOUSA" the documentary film that will also feature
a live simulcast after the movie with David Walker,
the former U.S. Comptroller General, Blackstone's
Pete Peterson, and Warren Buffet.
iousathemovie.com
You can enter your zip code here,
and find the nearest movie theatre
showing the film.
fathomevents.com
It's 8 p.m. EST TONIGHT
Be there.
And if you can't -- "be there."
You can buy an advanced copy of the book on Amazon here:
amazon.com
Agora Financial is also giving away a free one year
subscription to Strategic Investor if you email
them proof of your movie ticket purchase.
I have no affiliation with Agora, and I'm not endorsing
their newsletter... just the added value of supporting
the movie.
agorafinancial.com
"Show proof of purchase to the film, and you’ll get a FREE YEAR of our flagship publication, Strategic Investment. Just forward the confirmation email for your tickets to:"
customerservice@agorafinancial.com
"If you already subscribe to Strategic Investment we'll extend your subscription a year, a $99 value."
The movie is for those who lead, and do not follow,
for those who desire to anticipate, instead of re-
acting.
Cancel whatever plans you have tonight - and see the movie.
Support the work, and the voices of those who
are standing up, and trying to do something
to right America's ship.
Just Do It
PPS: Ron, regarding GS's call on Oil. I don't disagree
with your thinking... but, yesterday's lag to the news,
was an opportunity to add "calls" cheaply as insurance
to your short position, as well as an opportunity to
take some profits off the table.
And I would agree, that GS will be shorting the pop
on their own call -- guaranteed.
"Stand like Mountain, but Flow like Water" |
