tag:blogger.com,1999:blog-30128229.post9197246985129074755..comments2023-09-30T07:11:55.493-06:00Comments on MarketFN.com: All About HonestyInvestment Househttp://www.blogger.com/profile/14771320644915759241noreply@blogger.comBlogger46125tag:blogger.com,1999:blog-30128229.post-39494236595824792522010-09-01T15:39:42.149-06:002010-09-01T15:39:42.149-06:00Thanks, Don. While a little income is realized fro...Thanks, Don. While a little income is realized from the subscription services and mentoring it isn't a living.<br />Bill KraftBill Kraft, MarketFN.comhttps://www.blogger.com/profile/08274803638438137352noreply@blogger.comtag:blogger.com,1999:blog-30128229.post-67185079550145052342010-09-01T15:09:14.103-06:002010-09-01T15:09:14.103-06:00Thanks for your service Bill. Is a great help to ...Thanks for your service Bill. Is a great help to me. I think it does help you to keep sharp by helping others, but definitely not for the money huh.<br /><br />Don NCAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-30128229.post-67246163760899526202010-08-24T09:05:52.703-06:002010-08-24T09:05:52.703-06:00Bill,
I have benefited greatly from your column an...Bill,<br />I have benefited greatly from your column and look forward to them. They reinforce what I have already learned and had to pay for as well as clarifying concepts that I did not fully understand. Thank you for giving information that is honest and to the point rather than erroneous (as you can make 120% gains every time) like many other 'trading mentors'. Hope you will continue to give your expertise and wisdom!<br /><br />Mary from Dallas, TXAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-30128229.post-82943369857324821542010-08-23T22:56:21.561-06:002010-08-23T22:56:21.561-06:00Bill, I appreciate your reply to All About Honesty...Bill, I appreciate your reply to All About Honesty. It's rare that readers get such a glimpse into the life of advisors such as yourself. Though the question may have been directed at you, you must understand how readers have little way of knowing the character of investment advisors and column writers such as yourself except by what you write. All readers of advice given or sold must maintain a measure of healthy skepticism or they and their money may soon be parted. I myself have put too much trust in advisors other than yourself (Martin Weiss) before realizing the track record for their advice produced many more losses than the few wins they managed to eek out, and bears little resemblance to what they preach. Your answer, however shows to have much higher character. I've also tested your advise and found you to be on the winning side. It's just too bad that the subscription fees place your advice out of reach to those of us who barely have the funds to cover the monthly rate while trying to recover from advisors who took us for a ride.<br />Sincerely, Scott K.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-30128229.post-79491960247723645902010-08-23T15:02:24.020-06:002010-08-23T15:02:24.020-06:00Thank you, Nona. I sincerely appreciate your comme...Thank you, Nona. I sincerely appreciate your comments and look forward to another session with you sometime down the road.<br />Bill KraftBill Kraft, MarketFN.comhttps://www.blogger.com/profile/08274803638438137352noreply@blogger.comtag:blogger.com,1999:blog-30128229.post-79036262133127543052010-08-23T13:33:17.349-06:002010-08-23T13:33:17.349-06:00Dear Bill,
I should also note for others that whe...Dear Bill,<br /><br />I should also note for others that when I enjoyed tutoring with you, you urged me to take a course in options trading. You were mindful that a single packed weekend of tutoring isn't enough for a newbie. Someone trolling for tutoring students would not have offered that kind of advice.<br /><br />I followed your advice and, like your tutoring and blog, it was useful, profitable advice. In addition, you've made yourself available to answer questions on trades months after we met. Who else does that?<br /><br />BTW, I don't mind letting would-be traders know that the options course I took was with Online Trading Academy. One thing I liked about OTA is that one can retake classes as often as one likes at no cost, space available. <br /><br />Finally, I will mention that I think that it would be useful to return for another tutoring session because after trading for a while one develops experience and with that experience...NEW QUESTIONS!!!~ Nonahttps://www.blogger.com/profile/04365667143864520037noreply@blogger.comtag:blogger.com,1999:blog-30128229.post-83350615269632546872010-08-23T10:12:42.701-06:002010-08-23T10:12:42.701-06:00Hi Bill,
As always, you demonstrate that you are ...Hi Bill,<br /><br />As always, you demonstrate that you are a gentleman. All the above responders have stated the obvious: you are sincere, instructive, and appreciated. I have followed you for a long time and keep you in that select universe of "gurus that matter.".....the list is short. Long time investor/trader who finds this market extremely challenging. Please keep giving your sage advice...always appreciated. High five to Frosty who is still trading in his late 80's!<br /><br />LindaAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-30128229.post-5428961015733188042010-08-23T10:05:06.692-06:002010-08-23T10:05:06.692-06:00Hi Bill, I've been reading your emails for sev...Hi Bill, I've been reading your emails for several years and find them interesting. I also understand where the poster is coming from because like a lot of us I'm sure, your email inbox and real mail box are full every day with investment solicitations. Since I bought several houses 5 years ago and subscribed to a few paid services that I no longer use it's like a flood of crap. Some are legitimate I guess but most of it is "pump and dump" scams touting one penny stock after another. It's amazing how elaborate these things are. Some are like small books going on and on for 30, 40 pages telling the story of just one stock and how it's the greatest investment opportunity in the last 100 years. I don't blame the guy for being cynical but he could have taken the time to check you out a bit more before posting that. You did a good job of explaining things and that in turn prompted me to look into this blog. I'm always looking for new good sources of information.<br /><br />BobBobnoreply@blogger.comtag:blogger.com,1999:blog-30128229.post-21854500316238842302010-08-23T09:27:13.130-06:002010-08-23T09:27:13.130-06:00Bob, you inquired about the explosion of gurus in ...Bob, you inquired about the explosion of gurus in recent times and though I do not have any hard data, it is my impression that the field has expanded hugely in recent years. I suspect many things have contributed to that growth but am guessing that the internet is the single most likely reason for the expansion. More retail traders are making their own decisions whether informed or not and many tend to rely on the so-called gurus. The significant issue for those who subscribe to services is what service they might choose. Some services put out so many trades that it would be impossible to follow all yet at least some subscribers see that there are winners among the picks. Those are the scattergunning services. Others, like my own are more rifle like and attempt to pinpoint (though not always successfully) good trades. I use the rifle approach because in the vast majority of cases my own cash is on the line. Whatever the case, the would-be trader or subscriber should be aware of the approach taken by the specific service and insofar as practicable learn whether or not the publisher or editor of the service is actually making the trades or most of them himself or herself. Thanks for writing, Bob.<br />Bill KraftBill Kraft, MarketFN.comhttps://www.blogger.com/profile/08274803638438137352noreply@blogger.comtag:blogger.com,1999:blog-30128229.post-84113333268511776112010-08-23T09:21:07.277-06:002010-08-23T09:21:07.277-06:00Keep up the good work. I applicate the time you pu...Keep up the good work. I applicate the time you put into these weekly articles.Michaelnoreply@blogger.comtag:blogger.com,1999:blog-30128229.post-57277008431100654862010-08-23T01:17:43.486-06:002010-08-23T01:17:43.486-06:00I am from Asia and wanted to write to THANK YOU fo...I am from Asia and wanted to write to THANK YOU for sharing your experience via this conduit. Please know that it is highly appreciated and valuable for a newbie like me. Again, thank you.Jeanettenoreply@blogger.comtag:blogger.com,1999:blog-30128229.post-30903737497840163412010-08-22T19:47:26.385-06:002010-08-22T19:47:26.385-06:00Bill, in your heart you know who you are,you like ...Bill, in your heart you know who you are,you like people and want to help...you are a honorable man,and that's all it count, you responded to sitisfy yourself,now you get on with your life doing what you know is right.As you can see by the comments we like you and support what you are doing...and life continues,so move on,count your blessings and....smile.!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-30128229.post-8144822214482355932010-08-22T18:10:09.867-06:002010-08-22T18:10:09.867-06:00Also I thought that I would make it clear that my ...Also I thought that I would make it clear that my statements are not meant for any offense personally if it in any way seemed so...and the same is true when I describe the market to be a scam (simply put) which I am sure we are all aware. This does not mean you can not profit from it of coarse...LOL...my father told me long ago if there are humans involved 99.99% chance its fixed...unlike dog racing(to a point)or animal fights...just accept it, figure out how you can profit and accept your losses like a man.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-30128229.post-50848213238090850702010-08-22T17:56:31.498-06:002010-08-22T17:56:31.498-06:00Well your reply caught my interest as I was siftin...Well your reply caught my interest as I was sifting through the field of e-letters I signed up for(free)to help in my invest-quest. Interesting is that I also have wondered about the wave of analysts that are abound at every corner and alley. I do not question your integerity but myself having only diving into this sham of monetary ups and downs this year have one question and one comment. The comment is that I will read your words now with a different level of intent knowing that you "DO" invest your own money and truly have a flesh and blood stake in the game.<br /> My question is were there this many "GURUS" spewing their comments 5 or 10 years ago? Or has this field exploded in the last X-amount of years because of the way the market is publicly been opened up and exposed for what it really is...or is it due to the internet more so?<br /><br /> Bob a.k.a.cameltrader50Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-30128229.post-3317109401986797052010-08-22T14:26:53.261-06:002010-08-22T14:26:53.261-06:00Part II
Nobody has any problems with anybody maki...Part II<br /><br />Nobody has any problems with anybody making an honest work. We all applaud the innovators and path breakers. I have no problem with them raking in what they deserve. After all, it is payment for honest services. But does that mean every crook, be it at the corner drug store or the Street, should have a right to rip off your flesh? <br /><br />Not that I am condoning the frontal attack that you describe, I can at least understand the reasons which gave birth to the attack, and you should at least give the person some benefit of doubt here. The way I understand it is, if you or anybody for that matter, desires to pursue an academic interest for pure intellectual reasons or to provide a platform of professional discussion, it would be best to run it without any marketing pitch. <br /><br />Now I do understand that when you operate in the public domain provided by a third party, you cannot be absolutely pitch free. In that case, adhering to the highest standard of professional ethics, would (1) expressly provide a clause that the advertisements are those of the publisher and you are not endorsing it or have nothing to do with it (2) in the publisher's section provide a link for all your publications rather that in the body of your academic/professional discussion. I do realize that you are not bound by anybody's standard and are free to run your show any which way you want to, but if you want to command others' respect and keep things above the board, you might want to consider my humble suggestions.<br /><br />I apologize for this long rambling post- please do bear with me, but I wanted to put a perspective on things.<br /><br />Regards.Anonymoushttps://www.blogger.com/profile/11970970235933481207noreply@blogger.comtag:blogger.com,1999:blog-30128229.post-43789355593534796742010-08-22T14:25:19.969-06:002010-08-22T14:25:19.969-06:00Part I
Bill,
First of all, thank you for all you...Part I<br /><br />Bill,<br /><br />First of all, thank you for all your effort in putting together these commentaries which I love reading. Your blog is one the few about stock market that I read.<br /><br />Now that having said, I must confess that I am suspicious and skeptical, which I believe all amateurs like me should be, of financial gurus. The reason for this shouldn't be too hard for one to fathom, because remember the last crisis, or should I say the present, is directly attributable to fraud by all and sundry. We live in an age of Enron, Worldcom, Tyco, ML, Goldman - the list is endless. The name Madoff ring a bell? How about Tourre? Even in the hallowed halls of the Congress, two prominent cases of corruption investigation is going on. The hall of infamy is abound. <br /><br />If it is not felony, it is incompetence. Let us say when the tech bubble burst, how many of the "professionally managed fund" you know that didn't take a hit at least as worse as the market? If an ordinary investor's fate is pegged directly with the market, where is the "professional management"? And where is the moral justification of collecting the huge fees in managing these funds? John Doe would be far better off investing in index funds. A wo/man on the street investing her/his 401K funds is so blissfully unaware that s/he is swimming in a shark filled tank. <br /><br />As a nation, we profess capitalism, and yet the captains of the industry, come hat in hand to the government, begging for alms. All this at tax payer's money. Is this capitalism? Regulators hoodwinking and/or sleeping behind the wheels. As a nation, we laughed at the commies and the third world countries for their corruption. Isn't it time for us to take a good look at ourselves? <br /><br />Wall street swears by an efficient market which provides level playing field for all. You know how far that is from truth. How about high speed trading? Have you added the jargon “flash crash” to your vocabulary? Look at the number of cases of insider trading these days. Look at the repeated deliberate bubbles – tech, oil, housing and now it is gold in all probability. We have loaded up on software engineers from overseas. The marts have lead the way with (cost wise, no comment on quality) cheap imports. Why all these? Because that's what generates billionaires and, as they would have us believe, good for the consumers. If that be so, why aren't we importing doctors or medicines from overseas? Before you jump the third world tag, let me ask why not medicines from Canada for crying out loud? Who are we fooling?Anonymoushttps://www.blogger.com/profile/11970970235933481207noreply@blogger.comtag:blogger.com,1999:blog-30128229.post-50135604242198954212010-08-22T11:03:52.999-06:002010-08-22T11:03:52.999-06:00Dear Bill,
I always read your weekend emails wi...Dear Bill, <br /> I always read your weekend emails with great interest. Your knowledge, based on experience, comes through loud and clear. Trade Your Way to Wealth is my "bible". It is, as are your emails, a thorough explanation of how to benefit from trading written in such a way that novices as well as more experienced traders can benefit.<br /> I'm seriously considering asking you to be my coach. I just need to get a few things taken care of first<br /> Keep up your good work. I appreciate it tremendously and I'm sure that thousands of others do as well.<br /> Edee (retired psychologist and author)edeenoreply@blogger.comtag:blogger.com,1999:blog-30128229.post-88138722511344969312010-08-22T09:14:34.002-06:002010-08-22T09:14:34.002-06:00Bill
I have been receiving your weekly newsletter...Bill<br /><br />I have been receiving your weekly newsletters for about a year now, I am quiet new to this business. I am a small trader. I have done lots of research and find most 'Experts' a complete waste of time. <br /><br />But you, Bill, I like your thoughts and have made money when I acted on your recommendations.<br /><br />Keep up the good work because small traders like me, who do not have the time to research, research, research depend on you to put us on the path to be a successful trader/risk manager. <br /><br />Regards <br /><br />WilliamAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-30128229.post-86454104664442262172010-08-22T01:34:52.831-06:002010-08-22T01:34:52.831-06:00I rate Bill as one of the better ones that's w...I rate Bill as one of the better ones that's why I always read his and a couple others and either file or delete the other 9 hundred to a thousand I get each week.<br />It's probably about the same for him here as being a legal immigrant in Arizona.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-30128229.post-63392320668984434312010-08-21T22:02:08.837-06:002010-08-21T22:02:08.837-06:00Hi Bill , If you are successful there is always so...Hi Bill , If you are successful there is always someone who wants to do you harm.This guy Mike sounds bitter, and probably has racked up some big loses.<br />Using the planned exit ( which is now ingrained in my trading because of you ) I have save hundreds and hundreds of dollars.<br /><br />Thanks for giving back<br /><br />MorrisAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-30128229.post-66849518170016146482010-08-21T21:25:52.436-06:002010-08-21T21:25:52.436-06:00PS: And Mike should see what a beautiful home you...PS: And Mike should see what a beautiful home you have in Arizona!~ Nonahttps://www.blogger.com/profile/04365667143864520037noreply@blogger.comtag:blogger.com,1999:blog-30128229.post-90149724576390391822010-08-21T20:09:38.518-06:002010-08-21T20:09:38.518-06:00I feel sorry for the guy when he has to lash out a...I feel sorry for the guy when he has to lash out at you... as far as I'm concerned, you've done a nice job for me with stock plays... recently things have been tough but life is cycles and maybe the guy who wrote you is just nursing sour grapes from bad investment advise he has gotten from others. Your blog is to polite for what I'd like to say to the guy but "up yours" is fairly close! Henry in Greeneville, TNAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-30128229.post-84265711408547970762010-08-21T16:11:13.828-06:002010-08-21T16:11:13.828-06:00Dear Bill,
I think if Mike had been reading you l...Dear Bill,<br /><br />I think if Mike had been reading you long enough he would have known better than to question your character and success. I heard you speak several years ago and knew immediately that you are an honest, forthright man with integrity.<br /><br />Did I know whether you make money from your blog? DID I CARE? No to both questions.<br /><br />Like most of the rest, I cared whether I could learn from you.<br /><br />And I have.<br /><br />Thank you from me -- and the rest of us who have learned from you.~ Nonahttps://www.blogger.com/profile/04365667143864520037noreply@blogger.comtag:blogger.com,1999:blog-30128229.post-82175052852199272742010-08-21T15:42:44.749-06:002010-08-21T15:42:44.749-06:00To all who have contributed on the blog this weeke...To all who have contributed on the blog this weekend:<br />I am deeply moved and extremely thankful for the many kind comments all of you have written. I note that Mike hasn't yet come forward, but I really didn't expect him to. For those of you who have suggested that I not take comments like Mike's personally, I want you to know that ordinarily I try not to, but when someone writes directly to me and specifically accuses me of lacking integrity and of dishonesty I don't know any way to take that kind of attack other than personally. Again, my deep and sincere thanks to those of you who have taken the time and effort to stand up for me. It is because of you that I make the effort to pass on what my trading study and experience has taught me. May your trading successes fulfill your desires!<br />Bill KraftBill Kraft, MarketFN.comhttps://www.blogger.com/profile/08274803638438137352noreply@blogger.comtag:blogger.com,1999:blog-30128229.post-88342015299371490152010-08-21T14:21:10.729-06:002010-08-21T14:21:10.729-06:00hi bill,
you are a very sensitive person, i read y...hi bill,<br />you are a very sensitive person, i read your colum "honesty" its very touchy, i liked it. I am not a trader here but i trade on sensex. I try to follow trend/wave not met with enough success after reading your articles on $10 trades i am now planning to subcribe. here on wards i will be reading all your articles. like you i own few properties not due ro trading but wish to follow your principles.<br />your articles inspiring me..thankskokaramnoreply@blogger.com