First and foremost, thank you for what you do.
The small cost of this newsletter pays for itself a thousand times over. My returns mimic those of your portfolio for the year and for that I am grateful.?
The only suggestion I would offer is to keep doing what you are doing. It is people like you that will help return the once storied name to Wall Street.
Regards,
Shirin
Tampa, Florida
Thanks to both of you for taking the time to answer me back. I am going to hang in there. I like your newsletter because the unbiased perspectives you share and the way in which you look at market opportunities in a realistic, factual manner.? I am just hoping to turn that advantage into profit and learn.
I don?t like financial advisors as they open your account, offer canned advice, and disappear after they take your money. I want to have the independent skills needed to manage my own wealth, as I grow old. I don?t expect that to happen overnight or without advice, but I am hoping that your newsletter is something above par not just in appearance, but in results.
Time will tell.
Thank you again for returning my emails. That says a lot.
Best,
Ryan
Hammond, New York
Dear John,
I missed the Boeing (BA) trade last week.? So, I now have "Trump's Tweets Today" on my bookmarks list.?
On Monday, I read Trump's tweet blasting Lockheed (LMT) and bought 200 December, 2016 $247.5 calls. At the end of the day I had a 250% return.?
Also, I did find some of your past letters that I found very interesting, including "The Case against Treasury Bonds" on November 27, 2011, " Trading for the non-Trader" on November 10, 2015 and? ?Janet Yellen's Dirty Little Secret" on July 7, 2016.?
I get a lot of older folks asking me if they should buy Treasuries for their retirement.? When I explain that one percent increase in yield results in a 20% loss in value they think I'm crazy.?
A lot of older folks don't understand that annuities with fixed income (6%) are less than break-even when you consider inflation.?
I sure think there is a large market for a reasonable investment service that has your format.?
Thanks again for the heads up.? You are the best.
Kurt,
Wrinkle City, California
I am one of your MDT subscribers in Tasmania Australia (currently 16 hours ahead of NY).
I have a regular day job, and am unable to day trade US markets and an unable to participate in the bi-weekly webinars. And although a MDT subscriber for nearly three years now it is only that last six months that I have got into the groove of your webinars and daily updates.
The daily updates on the markets levels have been very instructive as to where JT places his spreads, so that now I have started placing my own independently with success.
When the market dipped at the horror of a Trump win on 6 Nov, it seemed like a good time to put with a (SPY) $204-$207 Bear Put Spread.
This success led me to put on a (SPY) $222-$225 Bear Put Spread on 15 Nov when the (SPY) was 217. Your persistent subsequent urging not to short the market led me to look for an exit. This came on Friday 18th when the market dipped again, allowing me to exit for a 9 cent? loss.
Of course I should have applied the same logic (likely further rise in the market? further falling of VXX) to JTs VXX position at the same time. Would have come with a similar negligible loss instead of (as JT said) a nosebleed.
I have just started writing covered calls on my Interactive Brokers platform and have covered (weekly) calls on FCX (long 10.02) and FEYE (long 12.38) and managing to stay in the game.
There has been a noticeable uplift in your voice in recent webinars as market action has picked up.
Keep up the good work.
Kind regards
Malcolm G
Hobart, Tasmania, Australia
Thanks for your very informative daily updates and stories. I subscribe to four daily investment advisors and yours are the only one I always read and almost always follow.
I followed your trades to the letter and most were successful. The problem was I was not trading live (always at least half a day late and sometimes a full day due to the time difference (US versus AUD), and my trade size was too small.
I am basically using your alerts as the trigger to place the trade as a CFD (entry via a stop just above previous day?s high ? for a long/call) and then manage them with a trailing stop loss using the daily charts (stop loss just below previous day?s low unless the day was an inside bar).
This seems to work much better and entry and exits from trades are far more successful at the price you want to trade at.
Looking forward to applying this strategy for 2017 and hopefully I will catch up with you next time you are in Australia.
Hope you have a great XMAS and New Year.
Regards,
David
Pullenvale, Australia
Dear MHFT,
I've just completed my third year trading under your guidance. I'm intensely interested in events that move markets and I find your knowledge to be quite insightful. 2016 was a breakout year for me as I made $382,000 on a trading account that started the year with $700,000. Keep sharing your wisdom!
Steve
Basel, Switzerland
As a new subscriber of just under two months, I thought I'd check in with you.
I am really enjoying your service. I look forward to your daily diaries for their wit and wisdom. I don't miss a webinar. I very much appreciate that you take the time to answer questions by e-mail.
You are helping cure me of bad habits like being unable to cut losses or take profits, being wedded to positions, and investing through ideology rather than intelligence (such as the idea that gold is always a safe haven, oil is running out and can only go up, etc.).
And you're clearly a big-hearted guy with much wisdom both in and out of the market.
I'm looking forward to trading more successfully in the New Year with your help. You've clearly helped a lot of people and I'm looking forward to being one of them.
Wishing you the happiest of holidays up the hill in Tahoe,
Jonathan
Camptonville, CA
Hey John and the MAD Team, here's an early Happy New Years!
?
You really nailed and keep nailing great reversals and trends that are just beginning to deserve a watchful eye. I nailed it today, so far, just buying the JPY pairs, and shorting the big bond, this past couple weeks.
I'm still a bit stuck on futures, but I realize the safety in your spreads is a lot smarter...Thx for all you know and for all you do.
Rod,
Alberta, Canada
?I can't tell you how much I enjoy your blog. It is the first place I go every morning and I miss you on the weekends.
I stumbled upon your site about 4 months ago and have been addicted to it since day one. I really appreciate not only your insight into the markets, but also your global and historical perspectives.
All of this served up with your great sense of humor makes it a must read! Thanks for all your hard work.
Chip
After the smoking? trading results of the last month. No wonder JT feels the need to cool down in the snow of the Sierra.?
Malcolm
Hobart, Tasmania, Australia
