I Love You
Friday, September 14, 2007 at 11:49AM
Prepare yourself, I am going to chime in about all the recent comments.
First I want to start with the role I play in distribution of off topic content. I must admit, I get depressed at the response I get from my daily production here. I have put the masses in front of tons of profitable and wildly profitable trades. I record videos, I share opinions, I take a lot of time out of my day to add this value to the world in their pursuit of achieving greatness...
And often it seems over looked.
I appreciate the recent recognition by a few to say "thanks" for my efforts. I am in a zone right now with all the trades I have presented, and of all the tickers I see in the comments, none are consistent with what I put out there. Uhhh....Ok.
I'll quote Joseph Marshall Wade...
"If I wanted to become a tramp, I would seek information and advice from the most successful tramp I could find. If I wanted to become a failure, I would seek advice from men who had never succeeded. If I wanted to succeed in all things, I would look around me for those who are succeeding and do as they have done. "
After a great post I get excited to check the comments to see what people think, only to find that my efforts acted as a service to move conversation & banter to another location. I am not complaining, but I agree that this site has become somewhat of a chat room. Don't get me wrong, I love the idea of community. Duh! That is why I created this mess and encouraged comments!
But let's not lose sight of the task at hand.
I like the idea of trying to stay a little more trader focused. But only if that means we all elevate our game to this level. I'm guilty of talking about reality tv, sports, music, energy drinks, my sex life, etc. I only do this a small amount of the time in relation to what I offer related to trading. Let's all try to shoot for that same goal.
In closing, if we are going to get back on track, let's try to elevate our standards as traders. If you are going to contribute, make sure that you are profitable and experienced in your ideas and methods. The person on the other side of your comments appreciates it.
Also, as always, please do not attack the ideas of others or ever make things personal here. Respect opinions, and if people are behind the curve, recommend where to go (ARCHIVES) to play catch up. Consider this a club, and we are all for one, one for all. One Nation, under Jeff. :)
And Remember..."I love you....You love me..."
Recommendation: Can't we all just get along?
Long: Happiness
Short: Weakness
Disclaimer: I will up my standards, so up yours!
Reader Comments (160)
You are a great example for trading but also for how to respect and respond to others.
Thanks for leading.
Seriously, what you do and teach on this blog is priceless. Not only you share your thoughts and your ideas, but you take your precious time to explain on how you reached that conclusion.
Thank you
I just found your site last week and already have learned a lot.
Two days ago you had RIMM as a trade of the week on the MarketCast. You mentioned that you would trade the spread in the front month.
Did you mean to actually put on a full spread in Sep, or do a diagonal.
Loved the video on GRMN.
Thanks
Your efforts are sincerely appreciated by us plebs! Thank you for putting us in front of some ABSOLUTELY GREAT information. Kudos to you and your ability to lead by example.
Mike
Well said. I could not have said it better myself. In fact, I didn't...
But Barney..are you kidding me?
I am gonna throw up...
I definitely prefer the silly blondes..
I have said it before but maybe it was too generic but this blog is one of the first things I check in my daily routine and I have used it as a resource multiple times and read all the old links. If I can gain the knowledge and ability that you have I aspire to do something like this(or maybe i'll just tell people to go here :-D).
I am continuously impressed by how you and Eric handle emails and questions that have already been asked hundreds of times and you still calmly reply. Now, I am sure you get frustrated and make fun of us behind the scenes but that is perfectly fine and natural because you are able to be composed when needed and you seem to obviously enjoy passing on knowledge.
This blog has been a huge influence on my trading and for the better, even though profit wise so far it hasn't but I haven't been in too many trades as of late, just watched.
In regards to the garmin trade, which I and many others greatly appreciate the video, I definitely wasn't upset about it, because I did define my own support level and got out when that was broken, which is what I should have done, I just wanted to see maybe where I went wrong in defining my level since it was not necessarily consistent with your level, and I figured I have less than a year of trading, you have about 10 years.
Maybe we take for granted your resources because you are so willing to help, I try not to but I do try to take advantage of it. Hell, I'd pay to have one on one phone calls with you, haha.
In regards to not seeing many of your mentioned trades, I would say I do see quite a few mentioning RIMM, BIDU, GRMN etc. However, I think the nature of this blog is filled with those who want to do it themselves and apply all the teaching you teach to their own trading, obviously you won't learn unless you risk your own money, but I think if we are only using this blog to take your trades, while it seems to hav been profitable, in the long run it wouldn't be good because they would still be partially reliant on your picks.
I took everything I have read in books and on this blog and applied it to the GS trade, to see if average me could use what I had learned from you and apply and find a trade on my own. So far it has worked out well, could be coincidence so I'll have to keep at it, but even if it had not I felt good that I had defined risk, picked a price target, knew when to get out if it failed and if it succeeded, all things I learned from you and the blog and cast.
Hopefully you read all this, because I tried to give you the praise and feedback you are looking for and deserve.
As always, thanks for everything you do and keep it up and thanks for the help.
Ben
Thank You for all you have taught and continue to teach me. I must admit I do more lurking than contributing on this blog, but you and the other addicts have taught me much in the past 3 months.
Liked the GRMN video earlier today, and appreciate the topical respite of entertainment you add to your posts from time to time.
However, I must draw the line at BARNEY.. . .
Hope everyone has a safe weekend.
And Barney?? Hey - my kids grew up with him and I am sure Jeff sees him quite a bit at home himself with his young ones ... It's more than appropriate in light of some of these posts today.
I know we all mean well!
http://www.apple.com/iphone/storecredit/
and just to keep this post on-topic, AAPl still sucks as an option play.
Long: ELON at REE, JEC, POT, NUE, JKBlog, weekends and beer
Short: Purple dinosaurs, VMC, All homebuilders
Keep up the good job that you are doing on the blog and Market Cast. I look forward to hearing and viewing your words of wisdom. We appreciate all of time and effort.Thank you
Julie
Thanks again for all your help.
I write down every trade that you give us, draw my S/R lines and watch them each day. These are the ones that I give most of my attention to as I am learning and they are the ones that I trade the most. Perhaps they are not often mentioned on the blog because we are trying to find more trades on our own so that we are not just relying on your recos. It may be a way of "showing" you that we are learning to fish and not just taking the fish from you. I hope that I am making sense. Again, please don't think that we are ignoring your picks. Far from it...they are the bedrock of my trades. Bless you for all that you are teaching me.
Why do you not like AAPL as an option play?
Anu
looks good here anyone agree?
Good times.
Ben, Judy..I agree.
The blog is a part of my education and truely compliments InvesTools. I appreciate everyone sharing to help each other become better traders.
The archives are invaluable. Everytime I re-read one of them, it becomes more clear to me as I grow as a trader.
Have a great weekend!
--Patti