Free candy and other things you should stay away from.

A trade consists of three things.  Price, time, and exits.  If a commentator leaves out any of those, they might as well be Charlie Brown’s teacher.  Whenever I see this, which is often, I wonder who is further off their rocker. The person who thinks they can get a “quick fix” or the person who thinks they can provide it.

On a long enough time horizon, everyone is right at least once. Financial commentators are important. They help create conversations, with others and within ourselves. Financial information must have some production value or no one will consume it. I understand that, I appreciate that. But I do not think both parties agree or are aware of the terms.

I am not immune to this, I have this conversation daily with myself. Not everything I post on this website is great or even good. I do not just get compliments, there are people that dislike me or this website. People have unfollowed or unsubscribed before and there will be more in the future. I am part of the problem.

If I piss off a few commentators but you take a second to think about from where and why you are getting information than I have accomplished my goal.  That includes this website and me.

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3 Responses to Free candy and other things you should stay away from.

  1. […] This post was mentioned on Twitter by Eli Radke, Trader Habits. Trader Habits said: Free candy and other things you should stay away from. http://dlvr.it/8X65L […]

  2. Anal_yst says:

    You mean to tell me the flapping heads on CNBC and in the broader financial media may have ulterior motives than helping me make $!??!?!?! HERESY!

  3. chicagosean says:

    You’ve pissed me off and now I’m going to unfollow you ;)nnj/k.

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