For a fed day, this is awesome.
_________
Ever since I decided to raise my profile by posting my numbers here, I've been getting a <b>ton</b> of PM's- mostly from guys who want me to teach them. Please don't be offended if I don't answer yours. It's not personal- there's just way too many, and I'm kind of overwhelmed.
I should probably compose a FAQ and/or some form letter replies to recurring questions.
The following part may sound arrogant, but I just have to speak my mind, as I always do: Here is a small sampling of the contents of my inbox. None of these are from anyone I know :
"what indicators do you use"/ "can i ask how you trade. read the tape, or time&sales? or anything else?"/ "how do you determine likely market direction"/ "what riskto reward ratios do you use"/ "Any chance u would share some trading secrets? I would love to see how you do it or some type of methods!"/"what's your strategy?"/ "If you were to categorize your style, what would it be? Momentum, Buying pullbacks, Mean Reversion, Breakouts?"/ "what do you base your trades on? Do you read the tape or do you use technical setups?/ " Do you only trade stocks that have news on them that day?"/ "If you are a tape reader, then how do you trade the nasdaq and the spyders???"
...there's more. MUCH MUCH more, but I think you get the idea.
<b>Messaging such questions to someone like me is like hitting on a girl in a bar, and after a couple minutes, asking her: "Wanna fuck"?</b> You need finesse to get laid! Didn't you guys see Wall Street? Bud Fox didn't 'bag the elephant' by just asking nicely a couple times- no! Bud did his homework, finding out all he could about the man. He found out exactly which hard-to-acquire items Gordon Gekko wanted, and then he delivered them.
Gordon Gekko wanted a certain brand of embargoed Cuban cigars and illegal inside information. That's how you bag the elephant.
I have no interest in cigars, illegal information, or anything I can walk in a store and buy myself. What <b>does</b> interest me? My thousands of posts here can give you a good idea of that. Promoting my cause is a big one. Getting an interview with someone like Mancow/Opie & Anthony, etc. to do so would put me in a sharing mood. Then there's always breathtakingly beautiful young Eastern European hotties. The Chicago area <i>is</i> a barren desert wasteland when it comes to hot women. How about (scalable!) recurring patterns in the market that I may have not noticed on my own?
("When X and Y happen, what usually happens next is Z...")
That's just a couple ideas off the top of my head.
I'm not going as far as <i>asking</i> anyone to do <b>anything</b> for me. I'm just saying, generally speaking, if you want to bag the elephant- that's how you do it.
A couple months ago, I mentioned my website on here: www.prohibitionkills.blogspot.com I got a PM from a guy letting me know he has already acquired a better URL ( www.prohibition-kills.com ) and redirected the better URL to my site. He didn't <i>immediately</i> ask for anything at all in return. Finesse! Now THAT is how you put me in a generous, sharing mood! I'm not saying he did this to manipulate me in any way... just that if one <i>did</i> wish to manipulate me, that's exactly how you would do it!
Now, this message may make me come off as kind of an asshole, but think about it- If YOU were in my situation, getting <b>hundreds</b> of nonstop requests from people who want you to teach them your trading methods- and you <b>know</b> for a fact that sharing these methods <b>directly ruins</b> their effectiveness and takes money out of your own pocket... Well, what would <i>you</i> do?
_________
Ever since I decided to raise my profile by posting my numbers here, I've been getting a <b>ton</b> of PM's- mostly from guys who want me to teach them. Please don't be offended if I don't answer yours. It's not personal- there's just way too many, and I'm kind of overwhelmed.
I should probably compose a FAQ and/or some form letter replies to recurring questions.
The following part may sound arrogant, but I just have to speak my mind, as I always do: Here is a small sampling of the contents of my inbox. None of these are from anyone I know :
"what indicators do you use"/ "can i ask how you trade. read the tape, or time&sales? or anything else?"/ "how do you determine likely market direction"/ "what riskto reward ratios do you use"/ "Any chance u would share some trading secrets? I would love to see how you do it or some type of methods!"/"what's your strategy?"/ "If you were to categorize your style, what would it be? Momentum, Buying pullbacks, Mean Reversion, Breakouts?"/ "what do you base your trades on? Do you read the tape or do you use technical setups?/ " Do you only trade stocks that have news on them that day?"/ "If you are a tape reader, then how do you trade the nasdaq and the spyders???"
...there's more. MUCH MUCH more, but I think you get the idea.
<b>Messaging such questions to someone like me is like hitting on a girl in a bar, and after a couple minutes, asking her: "Wanna fuck"?</b> You need finesse to get laid! Didn't you guys see Wall Street? Bud Fox didn't 'bag the elephant' by just asking nicely a couple times- no! Bud did his homework, finding out all he could about the man. He found out exactly which hard-to-acquire items Gordon Gekko wanted, and then he delivered them.
Gordon Gekko wanted a certain brand of embargoed Cuban cigars and illegal inside information. That's how you bag the elephant.
I have no interest in cigars, illegal information, or anything I can walk in a store and buy myself. What <b>does</b> interest me? My thousands of posts here can give you a good idea of that. Promoting my cause is a big one. Getting an interview with someone like Mancow/Opie & Anthony, etc. to do so would put me in a sharing mood. Then there's always breathtakingly beautiful young Eastern European hotties. The Chicago area <i>is</i> a barren desert wasteland when it comes to hot women. How about (scalable!) recurring patterns in the market that I may have not noticed on my own?
("When X and Y happen, what usually happens next is Z...")
That's just a couple ideas off the top of my head.
I'm not going as far as <i>asking</i> anyone to do <b>anything</b> for me. I'm just saying, generally speaking, if you want to bag the elephant- that's how you do it.
A couple months ago, I mentioned my website on here: www.prohibitionkills.blogspot.com I got a PM from a guy letting me know he has already acquired a better URL ( www.prohibition-kills.com ) and redirected the better URL to my site. He didn't <i>immediately</i> ask for anything at all in return. Finesse! Now THAT is how you put me in a generous, sharing mood! I'm not saying he did this to manipulate me in any way... just that if one <i>did</i> wish to manipulate me, that's exactly how you would do it!
Now, this message may make me come off as kind of an asshole, but think about it- If YOU were in my situation, getting <b>hundreds</b> of nonstop requests from people who want you to teach them your trading methods- and you <b>know</b> for a fact that sharing these methods <b>directly ruins</b> their effectiveness and takes money out of your own pocket... Well, what would <i>you</i> do?
not bad considering my struggles of late. +710