Ken Roberts Chat

Let's Talk Trading (TM) with Ken Roberts
from October 11, 2005

World's Greatest Business

October 11th Chat

Copyright 2005 - The Ken Roberts Company

As we begin this evenings session, let me state the reason I conduct these monthly chats: to provide you the opportunity to ask questions and pick the brain of a successful, long-time, real-money trader. Its not the highest and best use of our limited time here together for me to define basic terms and explain introductory principles taught in your Course materials. Thats what my Course Counselors are here for...

Now is the time for you to use me to help you apply the basics youre learning and to prepare you for what to expect once youre out in the market itself (either paper trading or with real money). And if we have some fun along those lines, so much better.

Alright... Ive got a Fuente Short Story fired up, heres our platter of a Krista's freshly baked oatmeal/raisin cookies, the (Cafe Altura)coffees poured, so lets talk commodities!

NOTE!!! When commenting on one of my Courses, please identify WHICH ONE. Also, when relating trading experiences and/or results, please give details: Futures contracts, options, options AND futures, etc. This helps others follow along and learn from your experience too.

joebob asks:
Hey Ken! Can you tell us more about the "orange cones?" Thanks!

at 6:16:09 PM
Yes, joebob! I put a picture of that Skip Barber Car Control Clinic maneuver on this Chat last month, and here's the story behind it (HUGE lessons for traders here too):

Ranger asks:
Since first joining your service in 87 (I still have the chocolate colored vinyl cover) and then more recently for the second time in 04 I have been asking you (During our Lets talk Trading sessions) to explain your method of trading. After all we pay you and purchase your services so that we may gain access to the Holly Grail! Components & trade characteristics like Risk tolerance or risk aversion, Investment style: long vs. short term, Futures over options and diverse trading as opposed to single large position in one market. And lastly I have longed for a discussion on account and funds management which goes hand in hand with risk tolerance and position trading vs. a scalping or short term trade. Much to my surprise and glee I found a very informative and in-depth review of various trading strategies on your TOVI website under the TOVI Strategy Guide. I am very impressed and thankful that you have invested the time to create this guide.

at 6:22:53 PM
Don't mention it, Ranger (but I'm so glad you did!!! --- I LOVE compliments)! Yes, just realize that trading is very, very personal, and there's no way someone else could simply copy my style --- he or she may be bored to tears, or then again, he or she may feel like they're hanging onto the back of a speeding train! Again, many thanks Ranger.

TIMOTHY asks:
What commodities do you like to trade the best?

at 6:25:21 PM
Any and all that are moving in my favor! (Yes, that's true!) I do tend to LIKE (but not favor) coffee, orange juice, and the Japanese Yen, however. For some reason, they're just more fun for me than the others . . . . (Do YOU have a favorite yet?)

gary asks:
What time of the day do you trade and make your trade decisions?

at 6:29:34 PM
I mark my new set of paper charts the evening when they arrive (typically Mondays), so I suppose you could say I've made my plans and marked my charts when the markets were closed, but I actually place any trades in the late morning, when I'm talking to my broker.

Mark asks:
Good evening. This is my first visit. I just opened an account with a broker yesterday and am considering a membership with your organization. I have made no trades as of yet.

at 6:31:24 PM
Welcome Mark! And do NOT make any until you're good and ready. And how will you know when you're "good and ready"? (Funny you should ask!) You'll know when you find yourself saying "I'm tired of being right (paper trading) and not making any money on it a LOT . . . ."

old dawg asks:
I'm 88 years young and just starting. I'm going to listen in this time but watch out for next month

at 6:32:50 PM
Good for you Dawg! OK, I'll be ready . . . ! Take it easy on me, though: I'm only 54! (There are lots of 90-year-young Course Members, so you're among the younin's here!

murphyk9 asks:
Ken, have any suggestions on the best way to keep the self discipline going to watch markets every day and keep at it?

at 6:35:40 PM
Yes I do, murphyk9: Paper trade. That way, you've got a "stake" in the markets (your time, energy, and attention). And remember what Einstein said: Do something for 15 minutes a day, and within a year you'll be expert at it. Another wise man said, "Eighty percent of success is merely suiting up and showing up" . . . .

Dale Allison asks:
Should I contact a broker to paper trade?

at 6:37:51 PM
Yes, Dale. And if he or she is willing to help you through your beginning stages of learning like this, chances are that he or she is worthy of your business! Remember: Calling your broker is something you should look forward to doing each day! If ever you can't say that, CHANGE BROKERS (as uncomfortable as this may seem).

That's why my slogan is "Make your plans, mark your charts, and give your broker a call!

motherof11 asks:
Hello Ken, I am interested in finding out the best way to select a broker. Things seem to have changed in the last five years since I have traded. How does one find out if an online broker is reputable?

at 6:40:31 PM
Personally, I don't want to trade online and never have. I like a living broker! My broker is my trading friend and part of my support team (even though I call all the shots). But shop around and go with what suits YOU best, motherof11. (Is it true? You're a mother of 11? If so, how in the world do you find time to trade?)

Unger asks:
How do you determine the cost of an option?

at 6:43:14 PM
Option prices fluctuate throughout every trading day and are based upon supply and demand. Three factors "converge" to determine that ever-changing price: time value, intrinsic value, and volatility.

Mickeyite asks:
Hi Ken. I want to caution other traders about buying an option in a market on a day when your broker tells you that the particular market is accepting "market orders only", thus, if you want in, you can't set a bid price. I had been monitoring some cheapo options that were running $20-$30 each, and I wanted 10. I wanted to get in, so I ok'd the day order at market only. I had to pay $100 each, even though US Charts showed the market closing @ $30 (my options have been $20-$30 each since...I'm waiting though). It was nice to learn this lesson early on at a small cost.

at 6:44:43 PM
Yes, Mikeyite, HUGE lesson that didn't cost you HUGE dollars. (Hey everyone: Take heed!)

IrishDave asks:
Thank You so much for TWMPMM etc. and the Rich Man's Secret Course after 6 years I signed on to your web site. In 3 months I made $23,000. In the last 18 days I made $15,000. I am proving to myself once and for all this works. Thanks So Much

at 6:45:26 PM
You're welcome IrishDave! Good goin'! (Are you using TOVI too?)

terry asks:
how do you determine which option month you want to purchase?

at 6:46:55 PM
Typically, the more time the better (and this is where TOVI can help so much), but NEVER less than 90 days til expiration. (Watch me do this in the It Just Happened emails we send every week.)

Carolina Trucker asks:
Ken, is there any particular reason that so few traders trade lumber. I have made more money buying and selling lumber than any other commodity.

at 6:47:46 PM
You're learning what I've always said: I don't care what label is on the chart . . . . Good going!

ttrader asks:
Are any of the 3 main methods more successful than the others?

at 6:48:41 PM
My favorite is the Hi-Lo Breakout Strategy, but other traders feel differently. (How 'bout it everyone: Let's hear YOUR favorite strategy . . . .)

Buh-dee asks:
Hi Ken! The "Ultimate Technique for Success" course really sounds great. Will there be a DVD format soon?

at 6:49:22 PM
YES!!! The videos are being coverted to digital RIGHT NOW! (It IS great!)

gw asks:
from louisville,kentucky: Do you ever use straddles or strangles with options on commodities?

at 6:51:17 PM
Yes, gw. Call a Course Counselor and ask him/her about TOVI's brand new "VSI Module" . . . !

kytek asks:
Whats going on with a gold? Is this real?

at 6:51:36 PM
Yes it is, kytek! (Are you on board?)

Bengt asks:
Bengt asks: When you buy an option do you always try to buy as close to "in the money" or "at the money" as possible?

at 6:53:21 PM
Yes, Bengt --- but I always rely upon TOVI's Value Factor Rating of that option too. Many times, I can purchase a less expensive option, not as close to the money, but with a HIGHER Value Factor! (Take the TOVI Tour at www.tovionline.com if you haven't already . . . .)

chip asks:
Can we buy options on both sides of a trade at the same time? What would be the benefit to the trader to do so, or the detriment?

at 6:59:12 PM
Paper trade this strategy, Chip; it'll provide great insight. What I think you'll find, however, is most of the time BOTH options will lose money because the market doesn't take off in a big enough way for either one to profit in a big enough way.

doc asks:
Good evening Ken,I've tried trading a few years ago and got out of it but want to get back in so I signed up a week or so ago. I've owned my own machine shop business now for 10 years but want to go down another road towards retirement. I plan on sticking with it this time so there's been a few late nights lately here in Wisconsin. One small question, can I use trade tracker to do my paper trading or is that just for real life trading? I was told,and preach, the only dumb question is the one you don't ask.

at 7:01:11 PM
(What's up Doc? Sorry, I couldn't resist . . . .)

Welcome back! Sure, put your paper trades into Trade Tracker --- it doesn't care! Stay the Course --- and stay in touch!

lalarry asks:
Hi Ken, I just got thru reading the Guide Book, and getting ready to paper trade, should I do more than one trade at a time, or should I do multiple trade each time. also How should I set the Stop Loss if I was to use the daily chart, weekly chart, and monthly chart?

at 7:02:26 PM
Trade as MUCH as you're a-a-a-able, lalarry! You can't paper trade too much! Your stop-loss point comes from the DAILY price chart. Welcome!

Gary in Phoenix asks:
Ken, a simple question, when paper trading I find it sometimes difficult to come up with a realistic purchase price, trying to avoid a bias that would skew the results. How do you do it? Average the hi / lo, just to be consistent? Use the closing or opening? Or does it really matter?

at 7:04:35 PM
Honesty's ALWAYS the best policy, Gary! So be brutally honest and use the HIGH price of the day as your entry point, and the LOW price of the day you liquidate!!! Then NO ONE can accuse you of "fudging" (especially yourself)! Good one . . . .

traderjoe asks:
Hello! How does one go about getting paper charts? I used to trade with them and found them so much easier than staring at a computer. Thanks. Nice to be back on board. Used to trade with you in the early 90's.

at 7:05:56 PM
Welcome home, traderjoe! Just call a Course Counselor (I'm with you on using paper charts, traderjoe)!

xmean asks:
Hello Ken, I am new to the WGB. I have read the manual and plan on rereading it. What are the top 3 things I should be doing next? Also, A Rich Man's Secret was a great read! Thanks

at 7:06:43 PM
Thanks xmean! Three things? Paper trade, paper trade, paper trade!

CowboyRobfromBigSkyCountry asks:
This is my first time on chat with you. I took your course in 1998. Family hounded me with negativity about commodities till I quit. Well, I am back at it and loving it. I have even made some money! Thanks, Ken! Could you tell us about your newest course? I get the impression it has to do with futures.

at 7:09:08 PM
Good for you, Cowboy! (Wait'll you see the next new Chat Caption Contest Photo --- you're going to be jealous!)

I'm not sure what you mean by my "newest course" . . . . Tell me some more . . . .

That reminds me: The deadline for this month's Chat Caption Contest has been extended to October 19th. Get those entries in!!! (And I don't give any cheap-o prizes either. They're all GREAT prizes that I'd like to receive myself!)

motherof11 asks:
Yes Ken, it is true that I am the mother of 11. I have 9 biologically and I am the stepmom to two. It is my plan to trade as my livlihood and for relaxation. Trading will be my balance in life. Have a great night Ken.

at 7:15:43 PM
Thanks --- welcome aboard!

pedro asks:
Could you clarify put options? I have a hard time understanding them.

at 7:18:33 PM
This is a tricky concept for us to grasp at first, pedro, so if the brief definition I give doesn't "click" for you, be sure to call a Course Counselor tomorrow:

A put option gives you the right (but not the obligation) to SELL the underlying futures contract at a specified price.

Brian asks:
Hi Ken, A basic question here. You bought a 180 Soybean meal put at 500 pts. Aug. 8. What does 500 pts. equal in $? How do I convert?

at 7:20:03 PM
In Soybean Meal, one point equals one dollar. So when I paid 500 points, that's $500. Every market's different. Check the legend on each market's chart in U.S. Chart Company's chartbook.

rxbjr asks:
Hey Ken, I've been away for awhile used your stuff since '01. Had a lot of your courses then options, futures and it seems things have chaged a bit. We were looking for deep out of the money options then. Made a killing in gold options and future contracts on a 1-2-3 formation... Then decided to get more technical and computer programs, day trading, etc., till it was no longer fun or profitable. I figure I'll get back into it slowly and use the KISS method that you've been so successful at, because you're still here. Thanks. Ken.

at 7:21:18 PM
Wise words, rxbjr! KISS works every time! (And let TOVI help you KISS too!)

TOVIJUNKIE asks:
I have a May Sugar '07 10.00 call that I shopped for, and got at a great price (700. inc. comm.) Needless to say, I am loving it right now. My trade plan is first exit at 11.43 ,resistance on the wkly.,which it broke exit #2 is 12.56 on wkly. I wonder if I should revise this plan since I have so much time or stick to it. I like to plan my trade and trade my plan always, but on the monthly if it breaks Big out of the channel it could go up to the extreme.What do you think? As always, so glad to know you and thanks for all your help.

at 7:22:56 PM
Stick to your plan, TOVIJUNKIE! Thanks!

BEARGUY asks:
HI KEN, I'VE BEEN PAPER TRADING NOW FOR ABOUT A MONTH. HAVE 11 TRADES GOING, AHEAD ABOUT $37OO. UP IN 6, DOWN IN 5. QUESTION IS, SINCE WE CAN EXPECT AS MANY OR MORE LOSERS THAN WINNERS HOW CAN WE TRADE ENOUGH MARKETS WITH ONLY $3000 TO $5000?

at 7:25:22 PM
I began with my (meager) budget, then traded more and more as profits allowed. Another help is to let the markets themselves show you which trade(s) to make: Set out plans in many markets and then trade the first one (or more) that break out and trigger your entry signals. Thanks BEARGUY!

Lance in Seattle asks:
Last but certainly not the least question: Ken, would you mind discussing in whatever detail you can Kinesiology and Commodities Trading?

at 7:26:07 PM
How 'bout it, Dr. Hawkins readers? What's YOUR experience in this area?

alcheena asks:
Hello. I just checked your latest "It Just Happened" pertaining to gold. Now what would your trading options be?

at 7:29:42 PM
Gotcha, alcheena! It doesn't help YOU for ME to do all the work every time. So we've changed our format of the It Just Happened email alerts: We'll do one complete one every other week, then send you "abbreviated" emails that lead you to finish the planning. This is how you learn best!

And be sure to check with TOVI, and call your broker --- BOTH can help you in option selection (even if you're still paper trading)!

karen asks:
I never thought to call a broker to paper trade. Can you explain further?

at 7:32:35 PM
Yes, Karen: This is how you get to know a broker you're comfortable working with! Plus, you can get option and price updates throughout the day, etc. It's FUN talking to someone who knows what you're doing!

richard asks:
Hi Ken, I'm Richard's wife and we're in this together, but he knows a lot more than I do because he's done more with it. Any suggestions on how I can encourage him to keep at it until he makes some money? I know he can do this, but he doesn't have a lot of self esteem.

at 7:34:35 PM
Nothing can provide self esteem like a market taking off in your direction! I KNOW Richard can do it, YOU know Richard can do it, and I think you're terrific to support him as you do. (Krista's right here beside me right now, and that makes all this all the better!) Richard's a lucky man too!

Greg in Oklahoma asks:
Hello Ken & gang. I just signed up for the WGB and I'm ready to kick ass and take names... on paper only of course :) Seriously, I'm a newbie anxious to get started. Just wanted to say hi!

at 7:35:56 PM
Hi! Greg! Welcome aboard. (Do you listen to Toby Keith a lot?)

Buh-dee asks:
Ken, I went long a futures contract in Coffee on Wed., Oct. 5th (Dec'05 contract @93.00). The volatility was just nuts!! My account quickly dropped over $250 within 5 minutes after entering into the position. I remember my heart racing and my palms sweating like crazy. I was pretty scared. I just couldn't believe how fast prices were moving in BOTH directions, so I decided to exit early to avoid a catastrophic loss. I actually took $112.50 profit shortly after being down a few hundered bucks. Prices have since continued higher (over $2,900 in just 4 days!) but I'm glad I'm off that scary ride. I just wish I could get my Options orders filled, so I can avoid losing years off my life with trading futures contracts. Thanks for introducing me to this great business!

at 7:38:30 PM
(Is that like booty, or buddy?) You learned a lesson that only experience can teach! And now you see the BIG benefit in trading options. You're welcome --- and welcome aboard!

gus asks:
Gus from British Columbia: Nice tour last thursday down at Grants Pass, thanks to Louie,and to Liz from FourStarBooks; great insights from reading the book "Rich Man's Secret". Ken was not there, but may be next time when I am back from Europe I'd like to shake hands with You. Thanks for everything!

at 7:39:44 PM
Thank YOU, Gus! (Where were you, anyway? I was lookin' all over the place to meet you . . . .)

Eric in Fort Worth, TX asks:
Hi, Ken. In response to ttraders' question and your response about strategies, I would like to share that a favorite of mine is to buy or sell on a pullback in the direction of the trend. Typically, I place a stop order 1 tick past the high/low bar. For example, today I bought a Dec. CBOT Wheat and a Dec. Bean Oil contract when the market broke above the previous day's high. Hope this helps. ...

at 7:40:11 PM
Yes, it does, Eric! Thanks!

old dawg asks:
This is old dawg again. I'm getting a lot of meat tonight. What I've done so far is to print out every chart in your chart book to study your marks and comments. I'm also liking the Hi-Lo method and being form Florida I know the orange groves very well. I've got myself ready to start paper trading. Thanks much. G'nite

at 7:40:55 PM
Thanks again, Old Dawg! G'nite . . . .

Colin asks:
Hi Ken, I too found myself avoiding my paper trading time during the day so I came up with a solution that seems to work for me. FIRST of all,I ask myself if there is ANYTHING I know of to fill my spare time that promises greater benefits than becoming a successful trader ( so far I can't think of anything). At that point I find myself at the computer. Then I made up a checklist. ( Works for Pilots, so why not me!) 1. Check current trades I am paper trading. 2. Check TOVI for S1 indicators. 3.Check Ken's emails for a) active markets b) status of formations eg, 123, HiLo. 4. Plan trades on active markets Ken mentioned and draw up charts. Write down analysis of each market. 5. Check Ken's Charts to see how and why he did things and what I missed. This helps give structure to my time and fights the inertia at the beginning. AT least for me. Oh yes and THANK YOU for the It Just Happened emails and your explainations... They are a course in themselves! Colin (Vancouver)

at 7:42:19 PM
Wow! Thanks Colin! I LOVE your checklist method . . . . Hey everyone! RICH insights and advice here . . . .

Dirt-Farmer asks:
I'm still looking over all the different material you have online. US Charts and Tovionline seem to share some of the same benefits (charts, trade tracking, etc). Do they both cost a seperate monthly fee and if so are they both helpful and needed?

at 7:43:49 PM
I believe they are, Dirt-Farmer, but that's why we offer the FREE trial --- try it out first and see which way works best for YOU! (Personally, I wouldn't trade options without TOVI . . . .)

Hamid asks:
Hi Ken. My broker told me a stop loss is not available on the options. Is it true?

at 7:45:58 PM
Technically, your broker told you correctly, BUT he or she can set an alarm on his or her computer to let you know when YOUR specific trigger is hit. Your broker is there to help YOU. Keep shopping until you find one you like (and who WILL aid your trading)!!!!

Dave C, Natick, MA asks:
My current entry & exit strategy is rooted to the 50% rule (+-8%). I start by buying 1 or 2 contracts. If I'm in a successful trade, and have 2 contracts, I consider selling 1 contract with the first significant drawdown. Hopefully, that is as 100%, clearing my costs, and leaving the other contract to light the way ahead for future purchases.

at 7:46:35 PM
Thanks Dave!

Oops! Almost forgot to post these photos from Trader Jim's most recent Trading Camp (check with the Course Counselors for availability)!

Passivesolution asks:
Ken, I just wanted to say that I've been a member on and off for a few years now,and I'm finally ready to take the plunge and get seroius about trading to see if I can make this my career. In addition to paper trading, should I attend a camp or have a private session with one of your team memebers to establish a foundation and create a work ethic?

at 7:51:55 PM
It's not essential, Passivesolution (I certainly didn't have anything like this available when I began!), but if you can work it out, it's DEFINITELY worth it! (That's what all those who attend tell me too!)

Investolator asks:
Ok, Ken, I'll tell you mine. on august 10Th I shorted 3 November Soybean contracts at 653 and been watching it drop to 525, as per your instructions,and waiting for that support level. Thank's Ken.

at 7:52:17 PM
Thanks Investolator!

The name "Investolator" reminded me . . . .

richard asks:
What does KISS stand for?

at 7:53:36 PM
Keep It Simple Stupid . . . .

Bonita Joe asks:
Hi Ken - while I haven't finished Dr. Hawkins book, I would say in simple terms that it isn't a matter of trying to succeed, but rather "just doing" and the results will come up for you since , down deep, you want to succeed. So you are headed in that direction anyway. Not the best explanation but it seems to workfor me. Thanks Ken, Bonita Joe

at 7:54:32 PM
Yes, good one! Thanks Bonita Joe! (Hey Everyone: Did you get that?)

asks:
Ken, I've been a fan of yours since '97. I appreciate the information you have given me over those years. I signed up to be your apprentice two weeks ago. I look forward to making some money in options. It's is amazing how the way I trade today has changed from the time when I first started. Tonite is my first time to participate, so for right now I'll just listen and learn. Thanks.

at 7:55:00 PM
Welcome aboard! Thank YOU!

Dee in Salmon asks:
Hi Ken and fans! Is there a specific criteria that you use to send out "It Just Happened e-mails?" I have spotted what I thought were entries and expected e-mails, but no cigar! Thank you.

at 7:57:00 PM
Good for you Dee! You're doing your own work and NOT relying solely upon US! No, there are just too many trades triggered during a typical week to cover them all; otherwise, you'd be getting scores of emails from me!

No kidding! We're probably less than a month away from this FANTASTIC DVD being available!!! I just put the finishing touches on the soundtrack this afternoon. You're going to LOVE it --- I promise!

lena asks:
I just finished TWMPMM I and am ready to start paper trading. However, when I do start trading with real money it will be with a small account. Should i only be paper trading markets whose margins I will be able to afford when I trade for real? Or, should I also practice with other high margin markets?

at 7:59:55 PM
Paper trade as many as you can, lena! Remember: "Expensive" markets now will become "Inexpensive" markets later on, and visa versa. PLUS, paper trading experience is ALWAYS valuable --- no matter which market it's in! Welcome!

Dala asks:
Hi Ken: Is there a particular reason or advantage to buying options with 90 days or more to expiration?

at 8:01:11 PM
Yes, Dala! TIME is always our enemy when trading, so the more time you have, the better!

Dave C, Natick, MA asks:
I have tested chip's strategy, and you're all correct, it doesn't produce any real profits.

at 8:01:18 PM
!

ttrader asks:
Do you have any idea what your shortest trade might have been. I suppose it would have been an early exit because of some unforseen event?

at 8:02:23 PM
I don't recall what my shortest trade was, ttrader --- probably a few days. My EXIT strategy is ALWAYS based upon a chart point (50% target, support, resistance) being hit.

james boyd asks:
If I study this everyday, how long will it take to understand reading the charts?

at 8:03:00 PM
There's no one answer to this question, james. Everyone is different.

skipperb asks:
Today I finally reached my goal of becoming a Captain for a major airline. Now it's time to start toward reaching my next goal of making over a million a year in commodities. I know I can acheive this with the proven principles you have taught as long as I am wise and remain a student of the business forevermore. Thanks for the help in the past and future.

at 8:04:28 PM
Thank you --- and congratulations Captain! (Just make sure those are Flight Charts on your knee in that cockpit, Skipperb, and NOT commodity price charts!!! (Keep the greasy side down --- over)

Ceil Silver asks:
Cool pix... but where are the women in the class?! (We had 3 or 4 in our graduating class).

at 8:05:58 PM
No women in that last Trading Camp, Ceil (which was a FIRST)!

fred from sd asks:
Ken; fred from sd; Are my questions getting through? I have fired off 4 or 5 and haven't heard a word. Are you there?Hello. Your answer is optional---get it? That's a joke.

at 8:06:29 PM
Fred, you're coming through loud and clear, over . . . .

eagletrader asks:
it must be me, but i seem to like to have the physical paper charts as opposed to the computer, i seem to have a better feel of whats going on (marking the lines, 50%, etc.) i update specific prices & am starting to like the power of tovi but still like to have some paper in my hand. What do you do?

at 8:07:05 PM
I'm with you, eagletrader! Love those paper charts!

chip asks:
Are the markets more volitile this year than in say, the last 5 years?

at 8:07:54 PM
The energies certainly are, chip. But you know, every year seems to bring its own unique events in trading!

karen asks:
I think in your first course I took the focus was in 1-2-3 formations. I seem to look for that, but want to learn others.

at 8:08:07 PM
!

Mark asks:
This chat thing is pretty cool. Nice work :-) Thanks for your time, effort and energy.

at 8:08:22 PM
Thank YOU, Mark, for being here!

Mickeyite asks:
Hi Ken. The hardest part of this is keeping your emotions in check. Despite exit srategies, I sometimes can't help holding on too long. I have read "The Secret Path", "As a Man Thinketh", "A Message to Garcia" and "A Chance Encounter" from Four Star Books...all great books, and I'm working hard to keep myself in check. I have also taken Ted Warren's ACTT...great course. I am learning a lot, but impatiently waiting for my account to grow enough to really make some hay.

at 8:09:56 PM
GREAT insights, Mickeyite! You're gaining wisdom, and that's what rare on this planet!

Come on! Make those calls to your Senators and Congressmen, and send those emails . . . .

(How I discovered the 50% Retracement Rule . . . .)

Well that's it for another month. Check out my favorite web sites: www.tovionline.com (Have you taken my personal tour yet?); www.uschartco.com ; www.fourstarbooks.com ; www.historictrees.org ; www.billoreilly.com ; www.wildlifeimages.org ; www.salestax.org (Let's abolish the IRS!); www.LP.org (Take The World's Smallest Political Quiz and see where you stand!); www.VOTE.com (Make your voice heard!). My next chat will be Tuesday, November 8th. As always: Use these newfound powers only for Good. Good night, God bless, and watch where you step!

Return to archives page

Staples Coupon Code