We're into the second week of 2009 and I'm already failing with my New Year's Resolution. Actually I'm failing badly: I still post comments at my blog, I still post comments at other people's blogs, and now I'm starting to get a bit addicted to talking to people on Twitter. The honest truth is that none of these activities actually help me make more money than I'm already making. The activities are indeed fun but, generally, are a waste of time. Yes, Twittering is addictive and is very much like the Blackberry, and neither of the two is really useful or a productive use of one's time.
Starting this coming week I will contain myself and do the best to "cut my arm off" of all these activities. I'm going very low profile. The person (a relative of mine) I hired to market my blog will continue to market my blog, via Search engines, Twitter and other means, and run my site, in exchange that I teach her a little about the stock market. That person knows very little about the stock market so once in awhile you'll probably see weird ads here. I'm trying to automate my blog - which is my second business (of selling my manuscript that teaches people the best way to approach the stock market so they don't ever have to depend on other people for useless theories or stock picks or stock trading services).
My main business is my daytrading and investing, and I will do that more quietly. Most of it will be done in the morning and at the closing bell, where you get the highest probability trades. There is no need to ever make excessive number of trades like a hyperactive daytrader. If you know what you're doing, then put more money in the trades!
I will still post on my blog, probably late at night, on a daily basis.
Who knows, maybe one day you might see me in the headlines and everybody will be talking about my manuscript and the self-empowerment it brings to traders and investors worldwide. That is my hope.
With that said, I want you to be very careful about playing the stock market by jumping in and out some 10 or so different stocks everyday like a hyperactive daytrader. I have never met anyone who does that and actually make money consistently. Most, if not all, will blow out their accounts. I can almost promise you that will happen to you if you do such an insane and useless activity. Watch for people on other sites that do this, whether they're famous or not, and avoid at all costs. These folks simply haven't figured out the best approach to the market that will maximize their returns.
One last thing... I will do the Overnite Daytrades for another week and then I will no longer be giving them out freely. Perhaps I'll do that once a week after next week. It is time to learn to do all these wonderful things on your own by investing in the Beanieville System. Traders and investors, whether they're of average intelligence or of superior intelligence, are generally so clueless about how to approach the market. All the insanity has got to stop. If you ever follow me with my blogging, you know I'll say the most outrageous things (sometimes erroneous) and recommend the most outrageous stocks and give the most absurd price projections at times, but in reality I actually follow the Beanieville System to the T, everyday. It's time for you to learn how wonderful it is to trade the Beanieville Way.
Good luck, and may you find (even if you don't purchase the manuscript) what you've always been looking for in the stock market.
Beanie
