If you want to brag about how great your picks are, go do it on MarketGuru
Believe it or not, I agree with your post. Even if the advice wasn’t intended for me, I’ll apply it to myself.
I’m going to post MUCH LESS on this web site about my trades. I have been thinking about that for weeks. This is the wrong place for such specific discussion about market trading strategies. It is kind of disrespectful to Rich because Rich IS the licensed expert, yet Rich’s employment in that industry prevents him from correcting any errors (in financial advice) that we may make on HIS website.
Besides if people actually do start taking our f’d up financial advice (that we post to this website) that might distract them away from what they should really do: hire a licensed professional like Rich for really great advice and money management.
So I am basically concluding I need to take these investment/speculation threads elsewhere. This just isn’t the appropriate web site for that. Even the charter of this website clearly states the focus is real estate.
And there is another reason I need to take those threads to a website that is instead filled with trading pro’s. Piggington.com has very few members who are sharp on the economy and investing; I’m estimating maybe three members on here (in addition to Rich) who have anything of value to teach me about economics and investing. However, there are MANY very smart members on here who are experts in many other fields, such as real estate, wine…etc. That’s why I’ll remain a participant of this Forum.
So far one forum (for hard-core threads on trading financial markets) I really like is Karl Denninger’s “The Market Ticker”
