Teach Talk Trade Day Trading & Technical Analysis

The Blame Game–

“I have an friend. He’s an investor. He manages not only his own rather, but also those of some of his family, a responsibility which he takes very seriously. We share investment ideas, and some of the ideas he uses come from my recommendations, in The Morning Call and the Mechanical Monkey, among other sources. All in the family, right? Sometimes, one of those investment ideas goes south, and I feel compelled to send off an apology to my friend. Invariably, he responds in this manner – ‘Hey, don’t worry! I went into that one with my head up, did my own research and made my own choice. That makes it my responsibility, not yours…

‘ In this ‘victim society’ of ours, blaming someone else for our own mistakes teaches us! absolutely nothing. It’s a matter of personal choice and individual responsibility. Your recommendations offer value to me for one simple reason. They narrow the fields of my own research. I am not a professional, and I do not have enough time in a day to start from scratch. Your recommendations point me down roads which otherwise might not have been taken, and for that you have my gratitude. For what happens thereafter, or does not, I will take personal responsibility.”
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