Sun 12:30pm Couple of quick notes before I head back. I finally met up with Linda Raschke [hers was the first and only presentation I sat all the way through] and had a good chat. I give her a lot of credit for speaking for trying to squeeze thoughts into a 45 minute presentation, and then for putting up with answering questions to the throng afterwards ... been there done that.
One reason I didn't mind attending her talk is that we share similar philosophies on the market such as the use of multiple timeframes, TICK, scaling out, etc., so the risk was pretty low that my brain would be filled with new market variables that might affect how I trade. She's also stood the test of time which is so much more than can be said for the sad number of fly-by-nights that come and go.
All in all, it was worth the time and expense to make the trip [including the cost of my wife's shopping] as it gave me an updated view of the trading industry. As I mentioned yesterday, there definitely seems to be a thirst for "real knowledge", and while I still feel many of the exhibits and presentations are looking out for their own interests and selling pipe dreams, I had enough discussions with people who I respect in the industry to believe that we may be evolving into a new era in trading ... one based on current and prospective traders desiring to take personal accountability for their income and portfolios, and being able to filter out the truth from the noise.
Perhaps that's one of the reasons that traders have been gravitating toward this diary and similar resources, for maybe there is indeed a place and purpose for what we so modestly started here last July.
The journey and diary will continue on Monday.
Enjoy the rest of your weekend.