My Own Stock Investment/Trading Blog

[Matt]

You don't judge index funds in a day right?

I don't judge an index fund by its performance alone, I look at things like tracking error, NAV, bid/ask spread, volume etc. These help show how good it is at actually tracking the index.

Also I strongly suggest to go through the "Disclaimer" page in my website before even taking any of my trades.

I did already.

I am not responsible for losses or profits of anyone

You kinda are.. that's just accountability. If you put something out there, you influence people, disclaimer or not. This is a mindset of a shepherd. If you are putting out information, you must think about how it will be read. It's a balancing act.

And I have laid out my stock picking and investing strategy clearly, here and in my website.

You've explained it at a high level, but not in huge detail. For example, it doesn't go into the criteria for when a stock fits your parameters or not. I understand there is a desire for proprietary information, but here's an example:

If you base on momentum/break out, what % change in breakout is required to trigger a 'hot stock' and what change reverts it back to an area that you don't find attractive and would sell?

The above might be prop info, so I get that you don't want to share, but the issue I have with that is that without knowing, I don't know (as an investor) if you stick to that, or if you forget one time, or if you ignore the rules and go with a gut feeling/external influence.

My concern therefore isn't whether your system works or not, but whether it is truly systematic.

 

[What The Heck?]

I don't judge an index fund by its performance alone, I look at things like tracking error, NAV, bid/ask spread, volume etc. These help show how good it is at actually tracking the index.



I did already.



You kinda are.. that's just accountability. If you put something out there, you influence people, disclaimer or not. This is a mindset of a shepherd. If you are putting out information, you must think about how it will be read. It's a balancing act.



You've explained it at a high level, but not in huge detail. For example, it doesn't go into the criteria for when a stock fits your parameters or not. I understand there is a desire for proprietary information, but here's an example:

If you base on momentum/break out, what % change in breakout is required to trigger a 'hot stock' and what change reverts it back to an area that you don't find attractive and would sell?

The above might be prop info, so I get that you don't want to share, but the issue I have with that is that without knowing, I don't know (as an investor) if you stick to that, or if you forget one time, or if you ignore the rules and go with a gut feeling/external influence.

My concern therefore isn't whether your system works or not, but whether it is truly systematic.

Fine, Matt. I request you to delete this thread as I simply don't have time for certain things with my full time job. And I cannot take responsibility for others profits or losses in any way. Thanks to all for bearing with me thus far. I will not be posting about any of my picks here going forward.

 

[Matt]

Fine, Matt. I request you to delete this thread as I simply don't have time for certain things with my full time job. And I cannot take responsibility for others profits or losses in any way. Thanks to all for bearing with me thus far. I will not be posting about any of my picks here going forward.

I don't know why you'd need to do that. I'm just stating that we all have responsibilities to consider, it doesn't mean stop.

 

[What The Heck?]

I don't know why you'd need to do that. I'm just stating that we all have responsibilities to consider, it doesn't mean stop.

Matt
I came up with this methodology after almost 15 years of trading the hard way through ups and downs after learning many systems, books and courses. I don't plan to give it away for free. However, for the real learners out there, I have given many pointers and I plan to add more educational videos and audios but it is up to the users to pick it up and learn if they want to. If I have to teach the entire system, I definitely can't do it for free. Regarding taking responsibility, if individuals are not responsible enough for their hard earned money, why should I take responsibility for the same? I am not running a mutual fund or a hedge fund to take responsibility for the investors. And what if people don't follow my rules and go about treating stock market as a casino after seeing some initial success? Why should I take responsibility? What do I get in return? If someone reads MSing in your website, goes above board and gets caught up in financial structuring, would you take responsibility? I think there's a limit to which one can go. Also I have a full time job and cannot focus on training a set of people for free. However, there's something called as trust. I will continue to be honest in my approach and I can answer specific questions. And the trades are there for free for everyone to benefit if they want to. Give some time to judge my trading picks. And I plan to add more information on my website which might even answer most of questions you have. Also trading is part science part art. If it can be 100% science, many of us would be millionaires by just trading. By looking at a chart in less than a minute, I can tell if the stock is bullish or bearish and what should be done. How can that be passed onto someone just like that for free? Again give me some time and look forward to my videos and let me know after that. I can tell one thing. Ask any hedge fund manager about the rules I have shared for free. If one simply follows those rules in their trading, they can make money for sure. No hedge fund managers will tell those for free but I have. Give it a thought and let me know of any questions. I am glad to be of help.

 

[What The Heck?]

If your "system" beats the market consistently on a risk adjusted basis over a significant period of time then you're a fool for sharing it, as your alpha will be arbed out.

My point is if your "system" beats the market then you should quit your day job and raise capital. If it doesn't, then index.

And yeah I have multiple financial degrees and manage close to a billion so yes I'm generally aware of "how many years it takes to even come up with a methodology like this".

Yeah go convince other fools out there not to trade because you want to make money from them. You can make more money only if they continue indexing and not challenge you. Not me. I know what I am doing.

 

[Matt]

If someone reads MSing in your website, goes above board and gets caught up in financial structuring, would you take responsibility?

That's the perfect example. I would feel responsible.

Remember all that stuff we talk about here, Stewardship and all. It doesn't just mean keeping a gig alive for the hobby, but keeping the newbies out of trouble. You've probably seen me say this several times, and calling out people who advocated structuring, like Pointschaser and others.

I also called out the pimping blogs, and got into some long arguments with FTG about responsibility. His attitude was Caveat Emptor, mine is we should care about others, and our impact.

I think it is congruent with life, we can absolutely cover ourselves legally with a disclaimer (assuming it holds water) but does that mean that we have no conscience about our actions?

I think that everything we touch in life should have this approach, it will never be perfect, but it isn't a bad thing to accept that if we put something into the world it can do harm, and we should think that through. It doesn't mean stop, but it means consideration.

 

[What The Heck?]

That's the perfect example. I would feel responsible.

Remember all that stuff we talk about here, Stewardship and all. It doesn't just mean keeping a gig alive for the hobby, but keeping the newbies out of trouble. You've probably seen me say this several times, and calling out people who advocated structuring, like Pointschaser and others.

I also called out the pimping blogs, and got into some long arguments with FTG about responsibility. His attitude was Caveat Emptor, mine is we should care about others, and our impact.

I think it is congruent with life, we can absolutely cover ourselves legally with a disclaimer (assuming it holds water) but does that mean that we have no conscience about our actions?

I think that everything we touch in life should have this approach, it will never be perfect, but it isn't a bad thing to accept that if we put something into the world it can do harm, and we should think that through. It doesn't mean stop, but it means consideration.

Of course, Matt, i "feel" "morally" responsible for each one of my picks. When i issue a trade recommendation, i carefully consider all factors and i have listed them in detail including a chart. If one is good in reading charts, they would definitely appreciate what i do. I also take positions in the trades i suggest and i would want my picks to succeed. There is no use issuing a trade recommendation for the sake of it. And of course i am not a person to think of causing financial trouble to others. However, I cannot "assume/take" any "financial" responsibility. I cannot share their financial losses in any way. That is what i was trying to say. I dont think many here even appreciate what i am trying to do or even give it time to see what i do. Let them stick to indexing. I am going to focus on my website only going forward. If anyone wants to learn something let them follow my website. I am not going to write here anymore on this topic. There seems to be no sense of thanking for what i do or coming up with constructive criticism or willingness to learn. Only hard bound criticism without even giving it a try. I cannot thrive and flourish in this negative environment.

 

[Matt]

There seems to be no sense of thanking for what i do or coming up with constructive criticism or willingness to learn. Only hard bound criticism without even giving it a try.

Naturally, you are free to do what you want, post it here or not. I've tried to be constructive and discuss why there should be a stage of consideration and exploration prior to 'giving it a try'. Hopefully I've not come across as bashing your idea, I've just mentioned that when people come up with a 'system' there are things to think about regarding that system.

 

[dr0832]

The problem is you can't "follow" somebody and ever expect to be successful. Without completely understanding and internalizing a trading system, very few if any people are able to follow somebody else. This is especially the case as you get into lower priced, volatile stocks which move very quickly. Even if given a good trading system most people fail at short term trading because it doesn't necessarily fit their own personality with regards to risk taking.

I have traded for a living since 2002, so 15 years but this is one thing I am very determined to get across is that the follow me, I'll be your guru, mentality is really not good. I would have had to go to a slave labor full time office job long ago if I didn't learn to take matters into my own hands.

 

[DavidNJ]

Here's a "breakout" stock that might interest you, (UCPA). 100% buy on Barchart today. Big moves yesterday & today. $50+ mil. revs, under $0.01 PPS but ready to smash through tomorrow. $14 mil rev 1st q. Profitable. 70% shares owned by management. Float under 500 mil shares. A unique situation.

 

[DavidNJ]

Here's a "breakout" stock that might interest you, (UCPA). 100% buy on Barchart today. Big moves yesterday & today. $50+ mil. revs, under $0.01 PPS but ready to smash through tomorrow. $14 mil rev 1st q. Profitable. 70% shares owned by management. Float under 500 mil shares. A unique situation.

Yup, "BREAKOUT" on huge volume like expected. $$$$