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Strategies & Market Trends : Trader J's Inner Circle
NVDA 180.19+1.3%3:59 PM EST

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To: zora who wrote (11324)3/15/1999 11:50:00 PM
From: Trader J  Read Replies (1) of 56535
 
Zora: Money Magazine Article - The article was not that bad and was relatively honest. Peter Carbonara interviewed me briefly via phone and he asked if he could quote me on a couple of statements....but I guess he decided not to.

I asked him to please make sure to mention how many fail at daytrading and not to glorify what TM is doing as many will chase TM and get hurt. I asked to him to take a look at some of the other threads, and at some of the quality people here on SI that are actually trying to create something. But in not so many words he told me TM was what is hot .... and that is what sells...... regardless of the countless people that will no doubt throw their money into the trading ring not realizing that you just can't follow the lead of another to be successful. I will write Money a letter because I think the article had no balance. All I asked from Mr. Carbonara was to at least tell their readers to exercise caution and state that many more fail at trading than succeed.

I was pretty stern and think I may have come off as too much of a critic of TM. When he asked if he could quote me, all I asked of him was that he please use good judgement and be objective.

At least he mentioned Jenna.

But alas, what sells isn't necessarily what is best....just what is hot.

Tj
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