For me, personally, this is a very difficult response to make. I respect both of the parties involved and feel that they both have very strong points which need to be made.
Since I have been a member of silicon investor Gary has consistently been giving us important due diligence on stocks have a potential in the long run. Being very inexperienced in this arena I have been grateful for all the information provided. I have a more than full-time job and am unable to do all of the investigation which is necessary to determine the validity of a stock over the long haul.
I appreciate the way that Binder has noted that we all have the capacity to learn and change. I believe we all go through some growing pains to as we "define" our trading styles.
For me finding a stock and which is a long-term investment and that I don't have to watch day-to-day, hour to hour, minute to minute is a blessed find. I have missed my share of runs along with a few other peoples. And I continue to do so. This comes with watching priority 1 which puts the money in the bank account every week. From a this is also a long-term investment as I stand to gain company's growth.
I had similar feelings to one of Gary's earlier posts. I remember myself as a newbie to the group (last week), and how well I was received. To this and all I was very grateful. Here I have learned more in a few months then I have in three years from other sources. This is spirit I would really like to see continued.
What would be nice to avoid would be that feeling to jump by the stock because it has too much, too soon. I think we all have realized this could mean there is a strong drop to follow. I don't believe that any of us, who had been following Gary, had created the situation. We may however, wish not to become victims of the situation either. Hence the negative opinions towards the day traders.
I feel it's somewhere there is a solution however I know about where. Until such time we arrive at one I shall continue to trade as I always have or hopefully even better.
Both the subjects of day traders and newcomers touch me very closely. The BTS is somewhat new to me. It is a variation of something I'd learn previously which never quite came through. It makes sense and I am working very hard, to once again, prove it can be successful.
Enough said and back to checking for email,
Jeff |
