Hey everybody, it’s Michael Martin. Thanks for being here. So today I want to talk about order execution. I get lots of stuff behind say, don’t mention my name, but I wanted to just tell you about this scenario that happens a lot. And of course I’m talking about what happens when you’re trading 10 or 20 contracts of a call or a put, and there’s a 50 cents spread in the option and it’s time that you want to offset the position. You bought it, now you want to sell it. So you put an order in right at the middle of the spread between the bid ask and it sits there. What do you do? So it’s a very interesting question because the way I look at things is if you’re fighting for an extra 10 cents, it might actually cost you more money in getting that fill than just getting out.
What do I mean by that? Well, for the options players out there, you know that you’re dealing with the volatility and the momentum so that the thing gets to a point where you want to take your profits. You almost have to put yourself in the mindset that you’re just going to get out at say the sell price and not even worry about trying to improve the price. Because when the momentum stalls and the security starts to go the other way, meaning the underlying market makers aren’t stupid, they’re going to sit there and they’re going to make you pay. And it’s not necessarily intentional. I don’t think they’re being mean. They just know the market. And if you got yourself in a spot like that where it’s time to move inventory, I would say just get out. Because if you’re trying to fight for 10 cents, you might see a 30, 40, 50 cent move in the option price just because the momentum stalled in the underlying. So it’s a little bit of a trickier thing that options traders have to deal with differently than say, stock or commodity futures traders who are looking directionally and kind of can get out super cleanly. The spreads are very, very tight in this bid esque spreads of course, but with options, it’s a little trickier.
It depends on the month if you’re going further out in the expiration. So you have all these things that make it not illiquid, but certainly not as liquid as if you were trading the underlying security, for example. So I wouldn’t get cute and try to fight over five or 10 cents on the trade. And if you do the math and you think about it like say you have a put one, one put or a call and you’re fighting for 10 cents, when you think about that, when you multiply it out, it’s not a lot of money. So you kind of have to think that with options especially, there’s going to be a different level of slippage or skid, so to speak, in around how you’re not able to improve your price. Now maybe, you know, have really good sense of timing and you can do that for sure, but just remember that there’ll be a time if you act too late, it’s difficult to maybe split the bid ask from the market.
So I would definitely look at that if that’s an issue for you, and be prepared to sell a little bit more sooner than later. Because once the market stall, in my experience, the folks who are clearing your trade on the other side or the market makers, they don’t have any incentive to help you improve the price when they know the market’s already turned. And that’s nothing personal. That’s just business because those market makers are paid out of a bonus of what they earn because they’re marking things up, marking them down when they move it from inventory. So you can sell, save yourself a lot of aggravation by just understanding the dynamic of how that works. And that if you constantly find yourself in a spot where you’re putting in those types of orders and you’re not getting filled, your instincts aren’t serving you well, you’re not getting your orders in soon enough.
So you have to figure that at the end of the trade, there’s going to be a little something that you’re going to leave on the table if you don’t improve your instincts to get out sooner, right? Because if you wait for the market to turn and then you put that order in and then you expect the market maker to split the bid ask you might be inviting yourself in for a lot of frustration. And the last thing you want to be doing, let’s face it, you don’t want to be sitting in a trade for 30, 45 minutes waiting to get a fill, right? Because at that point, when it’s time to take the profits, you got to move the inventory. So for me, if I had that much money in gains and I had carry in 10 or 20 contracts, I’d probably scale out a 10 at the market for sure and see what’s happening with the rest, and then if I can improve my price or what have you.
But you know, only make your money when you actually lock in the sale. So I wouldn’t get cute with that because depending on what type of price movement you’re looking in, the underlying, you’re put in a position where you might have to act a little sooner than you might want to. So that comes up a lot for folks, especially in options because the spreads tend to be very, they can be wide there, wider than in other instruments. So that’s what I’m saying is just be prepared for your order. Maybe sell half upfront and then see about improving the rest, break up the order, see about it that way, and just don’t start to freak out if you can’t get that filled because your timing might be off and you might have to anticipate a better sense of when it’s time to leave or move that inventory for you to lock in your profits. Anyway, appreciate all the feedback on the comments section. Please like and subscribe to the channel. I’ll do my best with all the questions and the comments. For sure. Thanks for being here, folks. I’ll see you tomorrow.

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Hey everybody, it’s Michael Martin. Thanks for being here. So Ganja tells me there’s a lot of emails asking about the program and the course with Victor Sprank. Is there any more information? Not really. I’ll try to reiterate what I know here. The big question is who’s doing the teaching? Well, he is right. That’s why it’s, it’s his class. He’s doing the teaching. I will be there. We have a good foil for one, another one and one equals three, where he’ll run the lessons and I will be there to help field questions and otherwise, there’s a few things that I’m going to teach, but the main material, the majority of it too, is being taught by Victor. That will include his proprietary trading rules that he uses himself. So there’s not too many people at his level who will come out and explain and speak exactly what they do, especially for the day trading community.
So if you’re into the short term stuff, the day trading, the swing trading, for example, this might be something that you could benefit from. I know he’ll be talking about his expertise in super low risk entries, how to look for certain reversals and trade off of those. Depending on what your core position is he is an enormous amount of experience with options. We’ll probably keep a day a watch list of things that meet the criteria so that we can kind of follow the program and the trading rules over a longer period of time. This isn’t going to be like a one day or a one weekend masterclass, whatever that might mean, where people come and pay a bunch of money for a couple of days and then it’s over with. This is going to be more of a longitudinal study to actually help people shape the rules so that they work for them, because every rule needs maybe a little bit of a tweaking so that it fits your personality, your temperament, maybe your account balance, your holding period, this and that.
And so that’s going to be all Victor teaching that. And then the follow up will be, at least on paper right now, it’ll be every other week. So effectively twice a month, we’ll have live calls with Meet you and Victor, following up looking and doing some postmortem breakdown on trades. What worked with it didn’t all this and that. Victor’s a Fed watcher, so I’m sure there’ll be some chatting about interest rates in the economy this way. And then using that as a global macro theme to kind of come down to see what you would actually trade, right? Because we have the confluence of high interest rates and still the threat of inflation plus in concert with the slowing economy and then all the interest rate stuff, and then commodity prices, and then
Cryptocurrency. So all that stuff will play a role in there and we’ll have lots of discussions. There will be, those events will be recorded, and then I will upload them into the cloud, into the membership portal that I’ve been maintaining. So folks can go back in and stream and watch. If they can’t make a particular call and in the event that we have to travel for client related stuff, we’ll just bump it a week and extend the program an extra week. The thinking right now is that it’s going to be roughly a full on 12 month program where you learn all the salient points of things very, very early in the program. And then the ongoing part would be more of the fulfillment, getting you in tune the ongoing coaching and the mentoring, and getting access to Victor and myself and doing a lot of q and a.
What are you looking at? You can send stuff in probably beforehand. It’s harder to do that stuff on the fly. But if you sent in questions about things that you were looking at. So I suspect folks who trade interest rates, currencies, stock index futures, whether it’s NASDAQ or the emen you could also do this with stocks and futures. So I think it’s a very well rounded program from what we’ve developed over the last eight weeks, and it’s going to be exciting. We’ve done this before, we’ve started doing them in 2005, but we did them in person, which was much harder, right? Because it was also more expensive because there’s lots of bills, there’s travel, there’s room rental, there’s all that. So this is going to be delivered online. So folks in any time zone can participate if they want. And like I said, if they have to miss, it’ll be recorded.
But this’ll be great because it’ll be real live examples from what’s unfolding in the market right now. And you’re going to get Victor’s insight on stuff. What would he look at? What would he pass on? How would he trade it? How would you position size entries and exits the whole kind of a deal and see his way of thinking? And then what we can do is tweak it so that it fits you right? Because it’s just like when you go to the store and you buy a suit. The suit might overall fit good. Say you’re 44 but the sleeves might be a little long. They have to be brought in, right? Maybe you want a cuff on the pant so you can do a little tailoring to the rules and create a nuance that’s appropriate for you. So we’re excited about that. It’s been a big hit.
Like I said, we’ve been doing it for over 15 years. This’ll be the first time that we do it online. So we expect to have a very eclectic audience of traders who trade many, many asset classes. How do you find out about it? Well, you can reach out via the blog if you want to be put on the short list, because this is not going to be like, it’s obviously out in the public, but we don’t want to make it 70 guys. So that’s too much to manage. So we’re thinking of keeping it to a smaller group just so that there can be more interaction between the participants as well as Victor and to some degree myself, and kind of keep it as our own little proprietary tribe, if you will of traders who are building their track record. They’re looking to get funded, or they’re just trading their own money and they want to have a really great life of running their own money and all the great liberties and freedoms that come with being a trader and a capitalist.
So that’s all I can tell you. As we’re sitting here right now the best way to know is to download the free copy of the audio book of the Inner Voice of Trading, and then I will most likely send out at least one email to give folks a head a heads up that there’ll be some limited spots open for this program. If it’s a good fit, it’s a good fit. If it’s not, then no hard feelings, as you know, don’t, I’m not a big emailer. If you’re subscribed, if you don’t have the audiobook, then you could just go to Martin Chronicle and reach out to me through the contact and we can have a conversation about it then. Anyway, that’s as much as I know right now. 80% of it, so is going to be definitely Victor teaching. I’ll be there to moderate and to chime in and probably talk about some of the mindset stuff when it’s appropriate to do so.
But this is a course that Victor’s going to teach. So thanks very much for your interest, folks. Please like and subscribe to the channel. Leave a comment if you want, and like I’ve said a few times before, if you want to suggest a topic, reach out and I’ll see what I can say about it. If I have anything, any experience, I’ll be happy to do to address it. Otherwise, I just kind of defer and say I’m an idiot. I’d be wasting your time. So thanks for being here, folks. I look forward to catching up with you next week. Take care.

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Hi folks. Michael Martin. Thanks for being here. So I want to reiterate something, even at the risk of sounding something perhaps a little bit repetitive when you are in these systems and you’re trying to trade them, I would trade them super small at the beginning, maybe again for three to six months, just to kind of see how it works and how you can get your spirit kind of connected to your trading rules. There might be small tweaks to make, but I want to stress how important it is for you to trade the thing. Take your trades to have to discipline, to actually put on the trades. You don’t have to risk a lot of money, but the goal is to develop that consistency day after day after day. So that might mean putting on trades even when you’re in a drawdown.
So excuse me. So you might find yourself very frustrated. The pro trader is going to put on those trades no matter what. That frustration’s not going to get in the way of good discipline, right? Because that’s where behavior predicts where you end up. But I mentioned a few weeks back about keeping your draw down small. So I want to just highlight that again for five seconds. And that is whatever you don’t lose, you don’t have to earn back. So I like the idea of starting small and losing small bits of capital frequently so that when you add that all up, you’re still only down maybe one or 2% to your capital. That means you have worst case, 98% of what you started with. Now that doesn’t sound so sexy, but it does a lot for your mind because if you’re putting on those same trades with bigger risk units, you could otherwise find yourself down five to 10%.
Now that’s the point where you start to get and put more pressure on yourself financially. Why do I say that? Well, because at about 10% you need what? 10, 11% to come back to break even. It’s when you get between 10 and 20 that things get super dark and it seems to really start to accelerate against you. And you want to try to do everything you can to not even decelerate your draw down, but you don’t even want to get to the point where you have to decelerate it. And the only way that you can do that is to trade small, keep your losses small, and then when you find yourself in the draw down, don’t quit and don’t stop taking your trading rules and your signals, but take a haircut on your capital and trade it smaller. So that might, I know this kind of sounds crazy, but this is really how people manage their p and l really well is when they find themselves down, say one or 2%, they might start, instead of saying, I’m trading 98 cent dollars, at that point, I might start trading 80 or 75 cent dollars just to deliberately trade it smaller, to let the market and my trading style kind of get together and have some chemistry start to dig out.
You put up 3, 4, 5 winning trades, then increase your size back
Because the more you can keep that draw down low, I mean that to me is the Huges selling feature out there because you can lead and say, I do 26% combated annual growth rate, or I can make 20 times your money. That’s all great, but the allocator that’s worth his or her salt, it’s going to come and say, well, what’s your worst draw down? Why did it happen? How long did it last? What did you do? Did you change your behavior? So you’re going to find that people are going to more grill you about how do you handle those moments in time where you you’re not necessarily struggling, but you’re in that drawdown phase of your track record and everyone has ’em.
So those are very important questions to ask if you’re going to seek public funding. And it’s very, very important I think, for your mental game because you can trade like a banshee. Maybe you’re doing 20 trades a day, I don’t know who’s listening. It’s hard to tell. But if you do all those trades on and you’re only losing nickels and dimes, it gives you so much more opportunity to emerge from that quicker without having done any real lasting damage to your mindset. So whatever you do, whatever you system you’re trading, whatever chart pattern you’re looking at, whatever setup you’re doing, make sure you’re prepared, pref, preferably the night before, and know exactly where you’re going to get out and what the dollar values are. Me, myself, I double and triple check the numbers. Spreadsheet calculator, but then you do the phone execution. The folks can read the order back to you and sometimes find the errors too or if there are any, or just to double check the math. Anyway, please like and subscribe to show, and kind of keep doing it this way. And if you have any suggestions, throw it in the comments or reach out to me through the blog. You can also get a copy of the audiobook version of The Inner Voice Trading for free at Martin Chronicle. Go help yourself, and I appreciate you all being here. I’ll see you tomorrow.

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Hey everybody. Michael Martin, thanks for being here. I wanted to clarify and kind of add new information to an episode I’d done a while back, couple days ago and that is about system hopping and that when you get frustrated and you’re not getting the results, you want to try something differently because you’re desperate to win or you’re feeling strong feelings about putting points on the board. And that’s a tough spot to be, and I didn’t really gloss over it, but I did say that when you’re starting out, you don’t really know what your edge is, so you’re trying to figure it out. The thing is, is that you can jump the gun too quickly and abandon an otherwise good system because when you began trading it, it might have gone in to draw down right away. So this is another benefit of back testing, is that you can montecarlo the simulations and change the start date.
Think about it, and I’ve mentioned this before, suppose you sold a house, came in to say 500 K and escrow settled October 1st, 87. You put the money into the market crashes. Later that month, you’re down 28%, 30% on your money just because of bad luck. Now, that same house got delayed and it said everything cleared. November 1st, 87 market crash happened. You invested the money. Then if you kept it going to today, obviously the results would be very different because in the first instance, you start with a 30, 30% haircut, and in the second instance you didn’t. Now that doesn’t say anything about the rules of the system, it just is a function of bad timing. So when you’re trying to think about who do you want to choose as your role model, how do you want to trade?
You can overthink things and internalize the losses as your fault or your analysis when the reality is is that markets ebb and flow and sometimes your trading style is just not going to work with what the market is showing and vice versa. And so although you’re compatible with your system, it’s not necessarily compatible for that brief moment in time for the market. And so that’s where drawdown comes from because you have false breakouts, you know, have all these different things where you can put risk on, doesn’t work out. You take consistent small losses death by a paper cut, so to speak, and then you wait for the market to turn. That’s the mark of a waiting for that market to turn being in a drawdown that in some cases it could be six, seven months. Now those of you who are doing short term trading are like, that’s never going to happen to me. Well, I hope it doesn’t. But it doesn’t. Just because you’re trading short term doesn’t mean that that can be the case. So excuse me. So just be mindful of that. When you’re looking at the system, you’re looking at your p and l for validation that you’re onto something.
But what I’m saying is that if you’ve back tested the system and it has positive expected value, what you might see in real time from the marketplace isn’t necessarily going to meet your emotional needs because you might just be bad luck or bad timing where you know, get into trades that have small losses and you start off in a drawdown. So what happens is if you start to system hop and jump to another system, you don’t give yourself the opportunity to let that other system kind of kick into gear. And I don’t know too many people who can on a discretionary basis run several different systems. It is possible if you’re running a simulator where you can have, for example, it’s not uncommon for many pure system traders to have a longer term, maybe even a trend following system that could be say long only even.
And then they have a shorter term reversal system counter trend on top of it. So the net effect is that it smooths your equity curve. It takes out some of the bigger whipsaws up and down, for example. So it’s not uncommon in that environment to run a blended system, but that system is grown together, back tested together, run concurrently, and that was deliberate. That’s intentional. What I’m talking about is when you’re a discretionary chart reader and you think you have a trading edge and you’re putting on trades, but you’re in a drawdown and the results that you thought you would see from your hypotheticals or from what the other folks who boasted about the trading rules were telling you, when those results don’t show up for you, it can put you in a tough spot to both overtrade, take flyers, abandon the system, and try something differently.
And that typically doesn’t end up working out because every system, no matter what you do, whether you’re following certain chart patterns or whether you’re trading certain mechanical rules, every system is going to be subject to some type of a drawdown, right? So the question is how do you deal with the drawdown? Maybe we talk about that on another episode because it’s going to happen. And what you don’t want to do is let the results or what happens in your outside world affect your internal world. You want to actually start and ideate what your goals are. And we spend a lot of time doing this on the consulting side because people think they have goals. But when I listen to them, they’re absolutely not goals, they’re tasks. And it’s one of the reasons why people don’t have the success that they want in the marketplaces because they’re not actually clear about, not necessarily what they’re doing, but why? What are you doing it? Because it very rarely comes down to making the money, but you typically don’t want to look at the results
Of your and L in the short run, and I have that come back and say, oh, I have to adjust the system, I have to change this. I have to go the other way, or I have to create some kind of overlay. Those acts of desperation typically might maybe give you a shot of confidence in the short run, but they don’t typically pan out over say two or three days because you’re acting at a desperation. And that’s typically not, obviously not coming from a place of confidence. So if you’re going to run a system, then make up in your mind that you’re going to give the thing three to six months to play out because you just don’t know when you’re starting out anyway, where you are in the market cycle of things for your particular set of rules. Hopefully it’s good timing and you start making money right away, but that’s not always the case and we’re powerless over what the market does.
Just so just try not to internalize what your p and l is because those results might still be in model, even though you’re in a short or a small drawdown, which doesn’t feel good, you want trading profits because then it validates what you’re doing. Maybe it validates who you are as a person and you need that for your self-esteem. I get it. Been there, but just be mindful that the short-term trading results just might be bad luck by timing. Finally, I’d like to say make sure that when you are attempting to do this, trade it super small because in the beginning, you know, have a certain size grub stake, which might be hard to recoup. So I can remember reading stories of certain prop firms when they were starting people out and giving them live accounts. Their daily limit on their capital was literally 10, $10.
So it’d be like buying a hundred shares or something and risking what, 10 cents or something like that. So you know, can deploy that same type of B ideology in the beginning just to get all the moving parts going so that you can get comfortable with it. And if you do come into a drawdown, it’s not going to really hurt you. The key is to get to the point where you can execute that system period after period and do that consistently because consistency is what’s going to reward you, the discipline of that behavior, not necessarily the outcome of any one particular trade, unless of course you don’t put in your stops and you take a big hit. But normally those big hits are coming from trading too big rather than an outlier event occurring. Anyway, that’s all I have for you today. Please like and subscribe to the channel. Appreciate it and you can leave a comment if you want. I see everything and try to reply If you have any questions, if you’d also like to suggest a topic for the show, I’m happy to do that. And thanks very much for being here folks. I’ll see you.

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Hey everybody, Michael Martin. I got some great feedback from those of you who listened to How to Control Your Environment episode, and some of the feedback was really good. Some of it was good, constructive criticism, and one of the amazing things is like how do you control your environment when you’re trading and try to keep things peaceful in serene and still be in the zone? And my whole take is like, well, that kind of answers the question itself. It helps me get in the zone. If I have CNBC blasting every all day, or even on mute, there’s still data coming from that isn’t particularly helpful. So the way I look at the TV, for example, is that it’s like that annoying per, I’m trying to have a conversation with a person here, and there’s this one annoying person over here who’s getting under my skin or keeps interrupting me or otherwise.
So how do you put yourself in a spot where you too can actually have the TV off? Not on and muted but off. And I think that comes down to the quality of your preparation, the period before. For me it’s usually the night before again, because the markets I’m in, Los Angeles market’s open super early. I think it’s hard to be that sharp at 5:00 AM That’s just me. So I like to do my analysis the night before, write it all out, double check the numbers, keep the TV off, because I also don’t want, and this might be tough for the day traders out there because you’re looking for a catalyst. So the TV is a good spot because it’s a one-way conversation. It’s a lot of, well, I don’t know if they’re catalysts exactly right, but it’s certainly noise. It’s up for you to figure out what the signal is.
And I’m sure there’s a few of you watching who kind of know how to listen with a certain type of an ear to kind of hear the money. But for me, excuse me, I find it a complete distraction. And so I don’t even like to see the moving images or what have you on it because it’s data. I don’t think it’s information or signal for me. And so that’s why I’m able to have peace around it. I know many of you though, are looking for catalysts and don’t know where else to find it. So you have the TV on. But to me, I would say you have to find a better place to source your ideas. To be frank. If you’re waiting on news headlines I guess you can surely develop a skill. But then the problem is that how do you get away from that? How do you get away from the TV and your screen and make money? You see what I’m saying? Because if you did it my way, you know, could put in your stop orders and then turn everything off and then let the market come to you. There’s really no reason to sit there all day. It might feel good. You might feel like you’re in control, but I don’t feel like you’re actually in any more control than I would be. So
Two, I set the ringer off on my portable devices, smartphones, what have you. I don’t need people checking in with me. I don’t find it flattering if people call or text or do whatever to ask me my opinion on anything in the markets because it’s like, what the hell do I know? I know what I know and I know how to do it. How that relates to anybody else, I don’t know, might be interesting. So I don’t typically want to have folks calling me during the day, which could also be a problem for clients because they might want to chat about the markets. How are you doing? Why are we in this? Why are we not in that? And I just don’t like having those chats, so I don’t have those people as clients because I don’t really want to talk about the markets at all. I don’t find it entertaining or informative or anything like that. Don’t, there’s really nothing that I could learn about myself from someone else as it relates to what I should be doing right now. I’ve got a pretty good lock on that. So I think it depends at the end of the day, what level of peace that you want. I don’t want a lot of outside stimulus coming in because I just need to focus right here. And so
Whether it’s going to the tweeting platforms, some of the discords, having the TV on, you’d mean there’s just so much extra out there that you can block out and retain all that mental energy. And I think we also talked about mental capital and all of that’s kind of tough. Everyone has a certain amount of energy that they can go through their professional day with before they start to need nap or have to take a break or walk away. It’s hard to be intense for 12, 15 hours a day. You typically need some cool downtime. So one of the ways that I can modulate that for myself is I just don’t let a lot of noise in, so then my brain doesn’t have to process stuff that has nothing to do with my risk management. You see, and I find there’s a lot of solace in that.
There’s people out there listening to this today that’ll be like panic struck. What are you talking about? I can’t trade without having a TV on. I can’t trade without real time quotes. I can’t trade with one minute bars. Well, you probably could if you would just take the time to train yourself. You probably don’t want to, which is the issue in and of itself. But then the question becomes, how much of your environment do you need to control? I like to have a lot of peace and a lot of solace around stuff. I don’t need excitement. I don’t need high energy. I don’t need music on in the background. I don’t need to love myself with food. I just want my space and I want it nice and quiet so I can think.
And if nothing else, when an order does get filled and they call me with the fill prices, I can think clearly and know how to put on my stops, my protective stops without making any errors, right? Because that’s another part of this is that if you have so many distractions going on, sometimes you make a boneheaded mistake. Could be fat fingering, a ticker could be doing the same thing with your keyboard when you’re entering in a price and all of that stuff is avoidable and it’s all the trader’s own fault. So that’s just my 2 cents. I might sound a little puritanical around it, but I’ve been around enough to know what makes me tick and what I like in and around my environment. Then when there’s times when the markets are closed or I have no positions on, then it’s a different story. But I just want to have all of my faculties focused on one thing, and I don’t want outside distractions to kind of get in my way or start up my thought process going down a rabbit hole because something came across the tv.
The opportunities that I see come from my analysis and the work that I do at night and the preparation before. Some of you might do it differently. You might like to do it in the morning, but then again, what happens if you’re 15 minutes before the market open and you don’t have any ideas? Are you going to force trades? That’s kind of why I like to do it before, because then if I know where my entries are, and I know it’s like say you were taken, I know where my levels are, but the price in the current market might be quite a bit of ways from where my levels are, where I would want to get involved and ed or remove the risk. And so on those days, there’s really nothing to do but sit on my hands. So I like to know that the day before, I don’t, I don’t want to wake up.
I mean, it’s not that I don’t want to, but it’s a lot better for me if I know the night before that the next day is going to kind of be light. Because then I could say, okay, well how can I reallocate my time, do more research, do some different back testing, right? Use my time productively so that all comes down to it too. So controlling my environment impacts my time blocking and how I control what it is that I do during the day. Anyway, I appreciate your feedback. Please like and subscribe. Maybe leave a comment if you want, and if you want to suggest a topic for the show, by all means reach out. If I have something that I think I can say intelligently about it, I’ll be happy to help. If not, I just kind of say I don’t have any experience, so I don’t know what I’m talking about. But any rate, thanks very much for being here, folks. I’ll see you tomorrow.

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