Tuesday, November 21, 2006

Double Heads Up

I want to thank Charles Kirk for including my books The Psychology of Trading and Enhancing Trader Performance among his top 100 list recently. Charles was gracious enough to host me on his site for a Q&A session, which was just posted. He was *very* prepared for the interview and asked some great questions. In fact, I'd say it was the best interview (and interview questions) I've ever encountered. If you read the financial blogs with any regularity, you're probably aware of The Kirk Report's extensive set of links and informative stock screens. Do check out the rest of Charles' site, especially within the member's area. That's where you learn how he trades, what he's thinking, etc. He's one of the good guys when it comes to educating and training traders. The donation required to become a member will provide you with one of your best returns on investment in any market.

The other heads up is for the Morning With the Doc session I'll be conducting tomorrow AM, starting before the open. It should be a slow day prior to the Thanksgiving holiday, but that will give me time to illustrate a few methods for tracking the market and coming up with trade ideas that have an edge. My hope is that the morning sessions will help interested traders apply ideas from the blog to actual market conditions. We'll also apply the ideas to a busier market in early December. See you tomorrow!

6 comments:

TraderEyal said...

Pity the Q&A is paid content.

Brett Steenbarger, Ph.D. said...

Hi Eyal,

I hear what you're saying, but I can honestly say, in the case of The Kirk Report, that the small donation required for the "paid content" is well worth the investment. Frankly, I wouldn't have taken a few hours of my time to do the interview if I didn't feel that way.

I don't mind paying for value, whether it's a book, a data service, or a website. Indeed, I like to support people who are doing good work--especially those, like Charles, who give away so much for free.

Brett

TraderEyal said...

Yes, I don't mind paying for value either. I have been a member reader of Kirk's before when I used to swing trade. He does have a useful site.

Rgds
Eyal

Brett Steenbarger, Ph.D. said...

Thanks for the note, Eyal. Some of the services that I find of good value are included on the Trader Development links page of my personal site: www.brettsteenbarger.com.

Brett

Anonymous said...

I am a member of TheKirkReport and yes he's a good guy out there and a very useful website. For the little amount of money, I think it's all worthwhile.
Henrietta at http://www.stocktradinginsights.com

Brett Steenbarger, Ph.D. said...

Hi Henrietta,

Thanks for the note. I'm a firm believer in keeping overhead down as a trader. We have to treat what we do as a business. So the question is whether any service helps us learn, grow, and make money. What's the return on our investment?

Expensive seminars IMO are rarely good investments. Traders need ongoing training, not single-shot education. The services I'm willing to pay for either offer me data I can't get elsewhere or fresh insights that help my thinking and research about the market.

Brett