Market calls

[Montecfo]

I’ve explained this several times before. I used to post about it regularly for years.
But every time I did, people nitpicked every small detail. They demanded that I post every single trade and the exact percentage in each fund, something no one actually does.
Whenever I shared something they didn’t like, I’d get flooded with comments saying I didn’t know what I was doing, that I was lying, and so on. Then I’d end up spending a lot of time defending my decisions and re-explaining my model.
The reality is, people don’t understand the model. Many forget what my actual goals are and instead argue in generic terms or compare it to what they personally would do. Some even claimed I’d never be able to retire or that I wouldn’t make it in retirement for years with nasty comments.
It all worked out exactly as I expected.
Eventually, I got tired of going in circles. I have a model that worked extremely well for me for decades and allowed me to retire after 23 years. I’m comfortable with it, and I don’t need validation from anyone else.
So now it’s simple:
I post general observations that aren’t tied to my model, and when I do reference it, I only discuss what’s relevant to my goals and strategy.
BTW, there are a couple of traders I speak with outside of this site where we discuss everything openly. They’re all strong, experienced traders.

Ok, well I don't know anything about all of that. But you started this thread called "Market Calls", and you wish to tout your expertise. I am fine with that. I appreciate others' perspectives. I always like to learn things. But you have to expect people to ask the obvious questions.

And when you say "I have posted this for years" I have to point out you have not even been posting here for 1 year. So where were you doing all this posting? It appears to be beside the point with this crowd.

The rest of your objections appear to be the straw man type. Who here has demanded you post every trade, every detail?

 

[COcheesehead]

@FD1000 is legend. I’ve followed him on multiple forums. I get what he is saying.

 

[MaydaMunny]

El Chapo Guzman is a legend too. So "legend" is not always complimentary.

There was a funny line about a market timer:
"Yes, he correctly called 30 of the last 10 bear markets" - meaning that he called "bear" when none existed 20 times, but got it right 10 times.

 

[COcheesehead]

El Chapo Guzman is a legend too. So "legend" is not always complimentary.

There was a funny line about a market timer:
"Yes, he correctly called 30 of the last 10 bear markets" - meaning that he called "bear" when none existed 20 times, but got it right 10 times.

You really haven’t been on here all that long. You may not agree with him, but you should show a little respect for fellow members.

 

[MichaelB]

Let’s please remember to keep it friendly.

 

[Onda]

The richest people in the world aren’t index investors.

Also true: the richest people don’t drive Toyotas. Still doesn’t make Ferraris a good financial strategy.

 

[FD1000]

Risk is off; you know what to do.
Next time, I will not report anything I do.
You "win".

 

[MichaelB]

Thanks for an interesting discussion