I was planning on doing a full write-up last night of all the potential plays this week, but apparently quite a few people mistakenly believe that TIM is actually a hedge fund and that I’m trying to promote it on this website in order to raise outside capital. Needless to say, I had to delay TIM’s first useful post until tonight (I’ll only recap my trades after the market close each day)
Let me set the record straight: TIM’s sole concern is with full transparency and te
aching people about responsible financial speculation (yes, these three words can go together!), NOT about raising any outside capital. I am restarting with $12,415 – all of which is my own money and I opened a personal account (not a business account) at my favorite online discount broker.
Why this is so difficult to understand is beyond me. I simply don’t want to raise capital and have to deal with all the crap that goes along with having outside investors (namely the BullShip industry regulations!). I fell in love with trading due to the purity of the challenge and TIM helps me get back to what I love most while helping me to develop a new interest of mine – teaching.
So, on the advice of my lawyers, below is TIM’s full disclaimer (eerily similar to this website’s policies listed at the bottom of every page and in the disclaimer of my book ). It’s incredibly sad that I have devote an entire blog post to this, but we live in a litigious society and TIM is purely for entertainment and educational purposes…. blah blah blah, read the fine print below. And to help you understand everything I say is for entertainment and educational purposes only, here are my top 3 favorite mixed drinks (scroll down on the page a bit)!
TIM is not designed to provide more than anecdotal information on stock trading and hedge funds. Blog posts are written with the understanding that the publisher and author are not engaged in rendering legal, accounting, professional or investment advice of any kind. If legal or other expert assistance is required, the reader should see the services of a competent professional. It is not the purpose of this material to reprint the investment information that is otherwise available to traders, fund managers and the public but instead to relay one individual’s experiences in the finance industry. You are urged to read all available material, learn as much as possible about stock trading and fund managing, and tailor the information to your individual needs with the assistance of trained professionals as may be necessary. Trading and, more specifically, hedge funds are not “get-rich-quick” schemes. Serious pursuit of the activities described in this book requires a great deal of time and energy in order to learn the intricacies of the marketplace. Even then, there are no guarantees of success, as many hardworking people involved in these activities still lose money. Every effort has been made to make posts as complete and accurate as possible. However, there may be typographical and/or factual errors and omissions. Therefore, this text should be used only for entertainment purposes and not as a reference for trading and hedge fund information. Furthermore, posts contain trading and hedge fund information that is current only up to the published date. TIM’s purpose is to entertain and educate. The author and BullShip Press, LLC shall not be held liable for any loss or damage caused or alleged to have been caused, directly or indirectly to any person and/or entity, by the information contained on this website or in the author’s book. Any mischaracterizations or misrepresentations of people, places or organizations are done unintentionally and without malice.