Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Mike McFarland who wrote (536)	11/13/1998 5:59:00 PM
From: Canuck Dave	Read Replies (2) \| Respond to of 56535

No, it's not crap. The way I see it, the problems are twofold 1. How to organize information into manageable size without missing things which might interest you. 2. How to keep accepting and learning from new members whilst keeping the spammers and jammers out. I don't know what the answer(s) is (are). In info-space, you never can know for sure if it's someone at his or her computer at home, or a paid promoter hawking paper. I think SI should demand everyone post a valid E-mail address as a minimum requirement, though I recognize this isn't particularly difficult to get around (I have posted one in my profile). I followed the Tim Luke position thread for a couple of months until ole Timmy boy blew it bigtime this week. He's now on the hot new thread up to his old tricks. I still want to scan threads and learn, though. But credibility is important. Let's see how "J" does. CD

To: Mike McFarland who wrote (536)	11/13/1998 11:35:00 PM
From: Trader J	Read Replies (1) \| Respond to of 56535

Mike, good post. You are correct. And as Canuck says, credibility is important. But it also depends on how you define credibility. I define it as someone who I can trust when receiving information. Someone that gives an honest opinion regardless of personal gain/loss. I don't see credibility necessarily as does he always make the right picks. A monkey throwing darts at a stock board could pick a good trading stock but it is a good trader that can trade the issue and make money. Most people feel that a stock needs to end higher in order for it to be a good pick when that is not necessarily the case. It is what you do with the issue intraday that counts. And position trading, arguably, is more difficult that day trading as you are holding overnight....and you cannot foretell the future. You may have a great position trade but if the Fed raises instead of lowering, you will get killed. I have no fear of people tracking my picks or trades. I pick what I am willing to trade, I am willing to share my information freely and give my insight from past performance. If I do not do well, I expect this board will become rather empty relatively quickly. I do not like handling anyone else's money other than mine, I do not like to see anyone lose money based on anything I say. I know that risk, but my intent is to share information and point of view. You will never see me tout myself or let my ego get in the way of what I am trying to accomplish. There is a lot of information available as you point out, must pick and choose carefully. Good luck. TJ