This post has been a few weeks coming - sorry for the delay.
I mentioned in June that I was doing some consulting work and part of my agreement is that I don't post charts and technical analysis on public forums until the end of the engagement. That consulting work has turned into a business opportunity and I am going to join a small group of talented traders and [hopefully] increase my earnings drastically. What's in it for me as an already successful trader? Access to a lot more equity than I currently trade with, and a few great minds who can crunch numbers and test a lot of my theories and practices across many markets and many instruments. And since most of you know my ultimate goal is to travel the world and only work an hour or so a day, this will accelerate what I want to have in place before I embark on that lifestyle of fun and adventure.
I have been in talks with Tom C. to take over the blog completely, but as any of my fellow bloggers will tell you it can be a time-consuming and sometimes thankless job. Of course, there are many positives too - like getting to know, interact, and exchange ideas with some great people (yes, you). And getting a good warm feeling that you might post something every now and then that benefits someone.
Tom C. is still undecided, but has agreed to continue posting a few charts now and then until he makes a decision one way or the other. He has been absent because of some health issues in his family, but as time permits he will be back. And maybe he will decide to take the plunge and do it more often - only time will tell.
As for me, I am still prohibited from posting charts and technical analysis on public forums until the end of the engagement. I can make other posts pertaining to non-trading subjects, and I know how much you all love my political views and witty sense of humor...so I may make a post periodically. But until the end of my agreement, you will not see any charts or analysis from me.
So stay tuned. Add the blog to your reader or subscribe via email (links at the top of the page) and you will be notified when Tom or myself makes a new post. Until then, I wish everyone all the best!
PS - if you are new to the blog, there are 3+ years worth of charts and posts that have a lot to offer...just click the "THE TRADER-X ARCHIVES" box on the right.
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