Kerry & Alex,
I would like to congratulate you for the SpikeTrade.com.
I wish I had subscribed earlier. It is very motivating being part of this group of like minded smart people who are all serious about trading. Indeed trading is a lonely activity and SpikeTrade membership helps me see how other serious traders think and act (and get from time to time some nice picks).
The deadline for submitting picks every Sunday is very interesting because we have to make our decision before the influence of the Asian markets close and without the feedback of Spikers. It has added more discipline and has structured a lot my homework. Now in my weekly preparation page, I have added a ratio of Spikers Long vs Short, a Member’s Ratio L/S and a ratio L/S of all the participants together with an added weight for the Spikers picks. It is interesting to observe the difference in sentiment between Spikers & Members or be alert when sentiment is overwhelmingly on one side (like last week for instance where it was 7/1 for longs).
I always wait for the publication of the weekly results and feel more satisfaction by being on the list of the winners than the money I make eventually from a winning spike trade in my account. The w/e of the spike reunion really felt weird. In the beginning I was not understanding why the list was not published, why the NH-NL was not online. Then I understood that you were having a great time and I felt sorry not being in NY.
Anyway, I have already booked the date for 2010.
Keep up the good work.
Best Regards,
Nikos

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