MT hits the nail on the head...

This post is part promo sure, but it is much more than that. New subscriber 'MT' gets to the very heart of what I am trying to do with the NFTRH service. He expresses better than I have been able to what the hell I am trying to do. He expresses the why with regard to the 'A different market letter' stated on the ad to the right over there. It ain't for everybody. Some people want an all-seeing guru to hold their hand. I am most certainly not that.

One of the things that was recently incorporated based on subscriber feedback is more interim email updates as market events dictate. The following came in response to an update sent to subscribers this morning. The update contained no profound thoughts or action items. It simply showed what one trader is doing and delineated the difference between the world of the trader and the world of the sober financial survivalist.

Sir,

I've only been a subscriber for a short period of time and already I feel I'm getting more than my monies worth.

I don't want someone to hold my hand and tell me what to purchase. What I need is a sharp mind explaining to me in near real time his or her thought process on how to navigate this market without idealism, hope, propaganda or blind bias.

It seems you are exactly what I need. --MT


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Michael, that is music to my ears. All too many people want a stock picker or guru genius. The truth is that we are all just people. A rational, revisable and ongoing plan is the best approach. Do you mind if I reprint your mail?

Regards, Gary

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Be my guest. As individual investors or traders, the only way to "win" is to empower ourselves. That only happens when we stop allowing other conflicted, biased people with agendas think for us and begin to think for ourselves.

I need a shot of courage to act on my beliefs. That courage comes from someone else examining my beliefs for honesty, intelligence and common sense. Since you share my beliefs and attitudes, you provide that third party review I so desperately need.

If I don't have someone else examine my thought process, I am prone to information bias where I seek out confirming information and ignore contrary information. A sure prescription for financial and emotional disaster if ever I saw one.