BarroMetrics Views: A Day at InvestFair

Boy did I boo-boo!

We (my partners and I) took a booth at InvestFair. As part of the parcel, we were given a 30-minute presentation slot. I chose to give a talk that I had given to a major prop trading house not a week earlier. The talk had gone over well at the prop trading house. I had to stay back over 45 minutes to answer questions - I always take that as a good sign; it means that I struck a cord with my audience.

Unfortunately, the same talk was a dud at InvestFair. As a presenter you know when you are losing the audience. Had I a 60-minute or 90-minute presentation, I’d have changed the presentation. But a 30-minute talk is very unforgiving.

So what was my material? I outlined what newbie traders needed to do to avoid being among the 95% failure rate. The NFA recently did a survey that showed that 95% of accounts lost so much of their account in 6 months to 9 months that they had to stop being traded. I figured that the material ought to be useful information. Only problem, we had less than desultory interest in the topic.

All of the other booths knew better - they spoke about magic tools and how to turn $500.00 into $5000.09. I’d have been better off talking about the Sept/Oct low in the S&P! (G) All well live and learn,

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