About one year ago I started publishing here on Substack. One of the best decisions I have ever made. With tens of thousands watching us here and on Linkedin it’s time to take this “adventure” a major step forward. As we embark in building The Ticker, so we can help you become the “best damn investor or trader” you can possibly be, it’s best for me to say thanks. You are all the best.
Giving back more than 55+ tears of hands-on investment experience is a task in and of itself. Figuring out how best to “accomplish” this feat is more daunting. We’ve tested the process but have learned that tweaks and adjustments will undoubtedly follow. It’s important for everyone to bear with us and thank you for your guidance and patience.
So What’s Next
In addition to your following us here and on LinkedIn we’re going to be adding in the ability for you to follow us and post your thoughts on The Ticker. We will begin giving access to our paid members first followed by those who read everything we write over the coming weeks. It’s going to take time to make sure it is working correctly. So far it is working well but again, you never know what’s going to happen. If something can go wrong it will.
Access to The Ticker is free to start just like it is here and on LinkedIn. We do respect the fact that some of you just enjoy following what we write. We also know that many of you want to learn from The Ticker courses, “Foundation - Bricks - Mortar”, how to become the “best damn trader or investor” you can possibly be. The invite you will be receiving gets you started with The Ticker. If you want to actually take the courses, it is going to cost you $247.00 more during our “introductory” period. Those who have taken the courses and entered into our “1-on-1” tutorials are happy they did. We all have something more to learn. How about you.
Back To Today’s Market
Thanks for taking the time to read what’s above. It’s important, we want you to be the best you can possibly be. If I had my wish granted, all I would do is post and teach. We are getting there but there’s still work to be done on all of the basics. Let’s take a look at what the “markets” are telling us today.
The Herd Is Usually Wrong
This is one of the rules that we follow. Nothing goes straight up or straight down. It is always best to take advantage of “irrational exuberance”. If you use Barchart or similar services, watch the “Greeks” primarily “delta” and “gamma” and observe when there’s an “overbought” or “oversold” condition. Buying when they sell and selling when they buy works. Take advantage of people who jump in when it’s too late. It works.
No Position Is A Position
That sums up today. If you are unsure of the market’s direction, do something else. Go cut the grass, do some grocery shopping or perhaps do what I do best, ‘nothing’. There are times when not having a position, just being “flat”, is the best position. Too many of you do not know how to “step away”. Sure, after you get blown out of the water it is easy but how about when there’s really nothing to do. Instead of being wrong learn to just do nothing. It works too.
Learn How To Lose
There’s nothing better than losing. You learn much more from your losses than from the winners. What did I do wrong? How could I have made such a “bad move”? Just what is “wrong” with me? Hell, I do it all of the time. I recently added to my “wall of shame” with Archer Aviation (”ACHR”). The position never “grew” into one I could build and maintain but face it, I liked the “concept”. It made sense to me but I was wrong. Best to do what I teach others to do. I sold the small position, took my losses and moved on. I cannot begin to drill this into your head. Not every decision you make is going to be a winner. Learn how to take your lumps. It works best.
Back to work for me but not until I cut the grass in front of and beside the house. I am getting a bit “older” so breaking up the task over a couple of days works. It’s not at all easy keeping up with all of the “weeds” down here in Texas. At least they are green. I will start to send out a few invitations later this week while I do some filming, writing and above all, I will read and listen to everything I can. There is no secret to success. We teach it but we also know that you can ‘lead a horse to water’ but you cannot make him drink. It is a “labor of love” to do what we’re doing all because of you. Thanks for your support.
Freddie Mercury and Queen are better known for many songs but for me, “I’m Going Slightly Mad”, released in 1991 suits me and my life well. It’s all your fault, thanks. It surprised all of us just how interested people were, worldwide, at becoming the ‘best damn investor or trader’ they could possibly be. It didn’t surprise us that many wanted it for free so we obliged. Feel free to follow us here, on LinkedIn and even The Ticker. For those of you who really want to learn take it a step forward and take our courses. We know what works and so do many others who’ve help us build our network. If you do you may not “go slightly mad” as what we teach prevents that from happening.