|
|
| |
|
 October
31, 2004 Commentary (weekend edition)-
Well, I'm a
little frustrated today. No, I'm a lot frustrated today. Trade Management has been done for
almost a week now, and it's still not at the printers. Why not? The printers
are nowhere to be found. They still have the same sign on the door, citing the
family emergency, but also saying they will be back open for business on this
past Tuesday. Well, this is Sunday, and the sign is still there, and they
aren't. Meanwhile, I sit.
I really killed myself to wrap that one up. I have a
list of people waiting to buy it. After all, I've been talking about it for a
year. It's finally done, and I can't do a thing with it. Not only that, I've
also been killing myself with the excerpts. I have those done now, too. I
haven't gotten a lot of sleep this past few weeks. I'm trying to put the
'finishing touches' on the website and product line. I also have the surprise
'new product' page all done.
I've updated the books page with the new package to
include Trade Management, as
well as two new packages with the 'new product'. I finally feel that 'I'm
there'. I have the full book series done, outlining just about every aspect of
my methodology, in detail. I have about one thousand pages (counted in word
processor format) of free archived commentaries, plus multiple free articles.
Once I put the new books page up, with the new packages and additional 'new
product', plus the excerpts and updated FAQ page, I've arrived at my goal, for
the foreseeable future
If I don't 'back off' and get back to a more normal
life, I seriously think it may kill me. You see I never, ever intended to do
all that I have done. (Here comes that story he was promising…) This all
started, as most of you know, when my colleague Scott Carney over at Harmonic
Trader used to keep telling me I need to write something up, get it out
there. We had intended at some point to do some work together, but I was always
focused solely on my trading.
I had no interest whatsoever in publishing
any of my work. Scott felt I really should get my material out there, and
finally I decided I'd write a book. My intention was to write one book, and
that was it. Hence, Kane Trading
on: Advanced Fibonacci Trading Concepts was born. This is where it all
came apart at the seams. As soon as I finished that, I realized that my
concepts on the ABCD patterns were totally unique, and played a big part in how
I used what was in AFTC.
I decided to write a quick article, so that
readers wouldn't miss out on this key information. Unfortunately, as a fairly
new writer, I didn't realize how much space I would need, or how much time and
effort it would take, and another book was the result, Kane Trading on: Trading ABCD
Patterns. And again, I fell into the trap.
I realized
how my specific use of a lower entry timeframe was a big part of why I felt my
methodology worked for me, and my approach was, again, quite unique. I felt
that without laying out how I get into the trades, the reader was going to be
missing a big piece of my methodology.
Can't you just see how this is going? I was
now fully sucked in, and I couldn't stop. And again, once I finished Kane
Trading on: Entry Techniques I soon realized that my management aspects
were also a key part of what I was doing, and why my methodology, as a whole,
was put together as it was. That led to the start of Kane Trading on: Trade Management. I
struggled with that one, so I shifted to Kane Trading on: Trailing Stops, to
cover how I managed my winning trades. I just kept getting in deeper and
deeper.
I know most people would have just stopped, but I started to feel
like part of my methodology was out there now, but only certain pieces. It had
an uneasy feeling with only some of the aspects being shown, and other very
critical pieces not shown. It was a monster that was out of control, and it was
swallowing me up. I started to post commentary examples showing my totally
unique, and I mean unique aspects on 'context'.
The e-mails
poured in, asking for more. The more I did, the more I realized just how much I
had put into my research, methodology, and 'Trading Plan'. My use of multiple
timeframes, too, turned out to be yet another key aspect to how I use all the
previous material, an idea that many still don't grasp.
Yep, now
Kane Trading on: Multiple
Timeframes and 'Context' had to be done. I also put together two
eArticles that showed a new pattern and a pattern entry technique that I
thought were just too good to keep to myself. I started to really relate to my
followers, and wanted to help them out as much as possible.
During this
time I decided I might as well release the newest Fibonacci numbers, 5-point
pattern, and the most current pattern studies that I had put together. The
truth here is that I was looking for any way to 'get out of' working on Trade Management. That led to Kane Trading on: A Totally New 5-Point
Pattern.
I feel that work is nothing less than profound, and I probably
shouldn't have released that material. Finally, I had had enough, and saw what
was so clear to everyone else, especially my better half. She saw this all way,
way before me (but I still can't get her to use her skills to trade!).
I decided I
was going to get seriously busy on Trade Management, wrap up things like
the excerpts and whatever other updates I needed to do, and that is it. If I
even mention out loud that I really should do an updated, revised version of
AFTC, my better half literally goes off on me and screams NO! And she
does know best in this case.
Now that Trade Management is done, and
all the updates and excerpts and such, I'm also done. I have reached farther
than I ever expected, with what I feel are seven great books and two articles,
plus all the free commentary. Now I will just offer the books and articles. I
feel my methodology is fully laid out, and everything that I would want to
present to help traders out is now available. I am going back to my 'regular
life'.
I will still do the free commentary, but I plan to make some
adjustments. I am going to take a break from the website duties over the
Christmas holidays, and when I return to 'work' for the new year I will only be
doing the commentary once per week, on the weekend. Since one of the main
purposes of the free commentary is for people to look over what I do and decide
if it can potentially help them out, I feel that there are more than enough
archived commentaries for this purpose. Once a week is plenty sufficient
starting next year.
I am tossing around the idea of adding an 'interesting
charts' section in the new year, where I would occasionally post interesting
charts that I find, without any comments. I'm not sure if I will actually do
this, or some variation on this, but I'm looking at it. I'm trying to find
something quick and easy for me to do that may be of interest to the readers.
I'll be thinking on this, and when I decide I'll post it on the What's New page.
So, where
does that leave us? Nothing much will change, except the free commentaries will
go to once per week starting with the new year. I may add a charts section, and
that may more than make up for the fewer commentaries. I won't likely be
writing any more books for some time. I am still thinking about writing
something reasonably short in the springtime about business plans, but
otherwise I'm done for the foreseeable future. I think what I have available is
more than enough.
I will try the printer again tomorrow, and I hope things are back
to normal. If so, I will get Trade Management dropped off and ready to
go. If not, I'll have to check into alternatives. I will update the What's New page whenever
anything worth posting happens. As soon as Trade Management is ready to
ship I will update the books page (which will include the 'new product'), the
excerpts, the FAQ page, the What's
New page, and anything else that needs updating. It's hard to be
patient, but the time is near, and the wait will be worth it in my humble
opinion, as this last book is really something.
The next commentary will be the
mid-week edition, posted by Wednesday evening. We'll get back to charts,
updates and setups then.
|
|
|
| |
|
|
 NOTE: Reading this page or
any page on the Kane Trading website, or utilizing this website and any
material
contained herein in any way, shall constitute an
acknowledgement that you have read, understood and agreed
to
all the disclaimers,
terms & conditions, and
policies of this site.
|
|
|
This
website is best viewed with MSIE 6.0, text size set to medium, and screen
resolution set to 1024 by 768.
Copyright
© 2004 Kane Trading. All rights reserved.
|
|
