Jim's Quote
of the Month

Book: Kane Trading on: A Totally New 5-Point Pattern
October 3, 2010 Commentary (monthly edition)-
I'll start out today's commentary with a few quotes, one from George Harrison (of Beatles fame), and one which is a common proverb. First, from George, the title of his 1970 triple album: 'All things must pass'. And now the proverb: 'All good things must come to an end'. It is with a heavy heart that I announce I think last month's commentary will be my last one. At this point I am not going to go into my reasons behind this, but I think I may do a write-up at some point, filled with deep philosophical ramblings, on my decision. I know this will be a great disappointment to many, and early indications from the few I have given advanced notice to have been filled with sorrow.
I will explain when I decide to write up my reasoning, but for now let me say that the basis for this decision goes back to a lesson I learned in my childhood. It is an unpleasant, but real-world lesson. I learned that the nature of the world is such that the few, or the one, can and frequently do spoil it for everyone. In a just world those who wreak havoc or cause trouble would be individually punished. In reality, I have found, they are seldom punished and everyone must suffer from blanket decisions. This is one such decision. Everyone out there, my loyal readership, has to suffer because of the actions of the few, or the one. I wish it wasn't this way, but that is the way of the world.
I can't say that my decision is 'final'. I may some day resurrect the commentary. Understand, though, the purpose of the commentary has always been to create a venue that would allow people to make an informed decision on whether or not to invest in my books. I have done, if my count is correct, two-hundred-ninety-three free commentary to date (a few may just be posts noting there will no commentary, like when there was a death in the family, I'm not sure if/how those were counted), all of them archived, and still available for free for anyone to study, perhaps approaching two-thousand charts in total. I think that is more than enough for someone to make an informed decision on the books.
Given the circumstances (I know, I know, what the heck are they?), I can no longer justify spending the eight plus hours per commentary that I have been. This is time better spent, for me, with my family. I will not be folding the Kane Trading project. The website will still be up, the books still available, and if anything I'll be focusing more on the mentorship program than before, given the decrease in commentary related work. I mentioned recently how I planned to upgrade the mentorship page, reflecting the fact that all my mentoring is now done remotely, and so on. Now I am motivated to get to that.
I will post notes on the What's New page when I update anything. The KT resource is still here, and I hope people still explore and investigate the (what I think is an) incredible resource my commentary and articles are. And as the mentorship program gets updated, if you have an interest in working one-on-one with me, I hope you will contact me. The direction I am evolving to on that is even more towards deep, intense training for the very serious, with longer working timeframes and ongoing relationships.
I have found, over time, my methodology and my approach to training fits best with very serious students who intend to make trading their profession. I better enjoy less quantity and more quality. I'm not trying to scare anyone away, just help out the selection process, to emphasize that if you've tried the more usual programs out there, the mass-produced mentorships, seminars, forums and rooms, and even the so-called one-on-one, and are looking more for an individualized, longer-term, true one-on-one relationship with someone who only takes on a few students per year, then get in contact with me.
So, please keep checking back on this page for an update as to why I've made this monumental decision, after seven years of uninterrupted commentary. Check back for updates on the mentorship program, and to see if I've decided at some point to resurrect the commentary. Check back to see if I've added anything new, or come up with something interesting. I likely will continue to add free articles from time to time. Nothing has really changed except that I won't be doing the long commentary each month. Too bad, too, because so much is happening, and with what I consider a very likely upcoming collapse in our economic system, there will be plenty to talk about... Well, good luck to all, and please stay in touch, and keep frequenting the website. It's been a great seven years of telling you what I think and showing you a bit of what I've discovered on this incredible journey.
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