January 2007
Showing posts with label blog. Show all posts
Showing posts with label blog. Show all posts
Friday, 19 March 2010
High Probability Trading Blog Time Warp
Here's a look back at my blog throughout the years.
January 2007
November 2007
June 2008
Today
January 2007
High Probability Trading Blog Time Warp
Here's a look back at my blog throughout the years.
January 2007
November 2007
June 2008
Today
January 2007
Wednesday, 8 July 2009
Sunday, 21 September 2008
A Financial Train Wreck
A few quotes from this week-
"I don't want the American taxpayer to get this bad debt and then the guy (whose company once held the bad loans) gets millions of dollars on his way out the door," said House Financial Services Chairman Barney Frank, D-Mass.
Paulson said that "it pains me tremendously to have the American taxpayer put in this position but it is better than the alternative."
My edge is completely gone and the government is now in full control of your money. So sad. (howardlindzon)
When the markets inevitably start going into freefall again, everyone will say "That short covering rally should be coming soon. Oh wait, no short-sellers??? Damn, maybe shouldn't have banned that..." (HCF comment on bigpicture)
The U.S. Government's historic reaction to the financial crisis firmly puts us in a place not seen in generations. We have officially crossed the line from capitalism to socialism in less than a week. The Fed synthetically owns Wall Street as we speak. The historic checks and balances built into the system, e.g., the ability to freely buy and sell, have been suspended for a large segment of the market. While the sayings "Wall Street privatizes gains and socializes losses" and "When there is too much capitalism you need a little socialism, and when there is too much socialism you need a little capitalism" have had symbolic meaning to me, they have never sounded so true than they have this week. (Information Arbitrage)
A Financial Train Wreck
A few quotes from this week-
"I don't want the American taxpayer to get this bad debt and then the guy (whose company once held the bad loans) gets millions of dollars on his way out the door," said House Financial Services Chairman Barney Frank, D-Mass.
Paulson said that "it pains me tremendously to have the American taxpayer put in this position but it is better than the alternative."
My edge is completely gone and the government is now in full control of your money. So sad. (howardlindzon)
When the markets inevitably start going into freefall again, everyone will say "That short covering rally should be coming soon. Oh wait, no short-sellers??? Damn, maybe shouldn't have banned that..." (HCF comment on bigpicture)
The U.S. Government's historic reaction to the financial crisis firmly puts us in a place not seen in generations. We have officially crossed the line from capitalism to socialism in less than a week. The Fed synthetically owns Wall Street as we speak. The historic checks and balances built into the system, e.g., the ability to freely buy and sell, have been suspended for a large segment of the market. While the sayings "Wall Street privatizes gains and socializes losses" and "When there is too much capitalism you need a little socialism, and when there is too much socialism you need a little capitalism" have had symbolic meaning to me, they have never sounded so true than they have this week. (Information Arbitrage)
Tuesday, 16 September 2008
I fear the worst for the stock market
Yesterday I saw a spike in visitor traffic. Most people ventured here on concerns of:
What if AIG goes bankrupt?
What happens to my mutual fund?
What happens if Washington Mutual goes bankrupt?
People are worried for good reason. I'd like to think that right now is a perfect time to buy stocks with the current market turmoil, but I fear the worst for our market.
I know there are a lot of long term investors out there that are stubborn when it comes to holding positions and that they think everything will be fine once all of this LEH, AIG, FRE, and FNM mess is over with, but unless the stock is at ZERO, we haven't seen a bottom.
I was looking at the Russian Market, and just in the last 4 months, the Russian stock market has dropped 50%. Yesterday the RTSI had to halt trading as the stock market dropped 17%.
"Russia's two biggest banks, led the decline in Moscow, falling 23 percent and 31 percent respectively. Financial stocks worldwide slid after American International Group Inc., the biggest U.S. insurer, had its credit ratings downgraded." (Bloomberg)
The VIX and More has been putting some nice pieces together and his blog is worth checking out.
Remember, its OPEX week and crazy trading is going to be seen. The market could rally 1000pts in the next few days or we could see another big drop in the market.
All I know for sure is, that I would fear holding anything over the weekend considering the stance that WaMu and AIG are currently in.
What if AIG goes bankrupt?
What happens to my mutual fund?
What happens if Washington Mutual goes bankrupt?
People are worried for good reason. I'd like to think that right now is a perfect time to buy stocks with the current market turmoil, but I fear the worst for our market.
I know there are a lot of long term investors out there that are stubborn when it comes to holding positions and that they think everything will be fine once all of this LEH, AIG, FRE, and FNM mess is over with, but unless the stock is at ZERO, we haven't seen a bottom.
I was looking at the Russian Market, and just in the last 4 months, the Russian stock market has dropped 50%. Yesterday the RTSI had to halt trading as the stock market dropped 17%.
"Russia's two biggest banks, led the decline in Moscow, falling 23 percent and 31 percent respectively. Financial stocks worldwide slid after American International Group Inc., the biggest U.S. insurer, had its credit ratings downgraded." (Bloomberg)
The VIX and More has been putting some nice pieces together and his blog is worth checking out.
Remember, its OPEX week and crazy trading is going to be seen. The market could rally 1000pts in the next few days or we could see another big drop in the market.
All I know for sure is, that I would fear holding anything over the weekend considering the stance that WaMu and AIG are currently in.
Friday, 25 April 2008
Trading Blogs and links
I notice who's reading. If your blog is cool I'll add you too.
Momentum Trader
BlueDog
Stock Logic
InteractiveBrokers Collegiate Trading Olympiad Winners
(Wow, the top 2 winners turned 100k into over 2 million in a couple months!)
Dino makes a post on how trading has changed since migrating to the NYSE hybrid system.
Ever wonder what Oil and Metal prices are doing in Tokyo before the US open. Checkout Tokyo Commodity Exchange.
How to use NYSE TICK during the trading day
The Shark Report Trading Blog
Investing Ideas Blog
What is high implied volatility from THE VIX & MORE.
Seeing what Misstrade is doing-
Robbie Williams- Millenium
Have a Great Weekend- I'm having FUN tonight!
Momentum Trader
BlueDog
Stock Logic
InteractiveBrokers Collegiate Trading Olympiad Winners
(Wow, the top 2 winners turned 100k into over 2 million in a couple months!)
Dino makes a post on how trading has changed since migrating to the NYSE hybrid system.
Ever wonder what Oil and Metal prices are doing in Tokyo before the US open. Checkout Tokyo Commodity Exchange.
How to use NYSE TICK during the trading day
The Shark Report Trading Blog
Investing Ideas Blog
What is high implied volatility from THE VIX & MORE.
Seeing what Misstrade is doing-
Robbie Williams- Millenium
Have a Great Weekend- I'm having FUN tonight!
Thursday, 3 April 2008
600 posts and counting
Todays post #601. Yeppie. Anyway I'm getting back into the habit of trading now since I've got my computer running without any "Blue screens of DEATH". Chucking Vista and moving back to XP was a wise decision.
Today I decided to join in and chat with some other traders on WallStreak. There were some great calls today such as: Buy on GS near low of day, buy on GOOG at 449, and V right before it broke out in the afternoon. Although I didn't take many of these great trades, I was able to stay focused better by paying attention to what others were saying about the market. Thanks Stewie, MJ, Johnson, Blue, RaginCajun, PinoyTrader, YoungChuckNorris, Ainkurn, Denarii and others.
Today I did something I normally don't do, which is getting up early to trade. I'm sick for the 3rd time this year. I fell asleep in my recliner last night at 8pm tired as hell, got up at 3am and went to breakfast as Denny's(I ate SLAM IT UP, pick 4 breakfasts entrees- I had 2 scrambled eggs, pancakes and suasage). I came home and played CALL OF DUTY 4 online for an hour and then at 6am I went to my computer to trade. I traded the whole day while taking small breaks to snack on lunch meat. If you look at my trade log below I was making trades every few minutes pretty much the whole day while also chatting on WallStreak. The key to my success today was averaging in on every position(It helps keep stress down). Even my shitty trades on FSLR and GOOG that popped in my face, I was able to recover from by averaging in on each trade.
Today I decided to join in and chat with some other traders on WallStreak. There were some great calls today such as: Buy on GS near low of day, buy on GOOG at 449, and V right before it broke out in the afternoon. Although I didn't take many of these great trades, I was able to stay focused better by paying attention to what others were saying about the market. Thanks Stewie, MJ, Johnson, Blue, RaginCajun, PinoyTrader, YoungChuckNorris, Ainkurn, Denarii and others.
Today I did something I normally don't do, which is getting up early to trade. I'm sick for the 3rd time this year. I fell asleep in my recliner last night at 8pm tired as hell, got up at 3am and went to breakfast as Denny's(I ate SLAM IT UP, pick 4 breakfasts entrees- I had 2 scrambled eggs, pancakes and suasage). I came home and played CALL OF DUTY 4 online for an hour and then at 6am I went to my computer to trade. I traded the whole day while taking small breaks to snack on lunch meat. If you look at my trade log below I was making trades every few minutes pretty much the whole day while also chatting on WallStreak. The key to my success today was averaging in on every position(It helps keep stress down). Even my shitty trades on FSLR and GOOG that popped in my face, I was able to recover from by averaging in on each trade.
Tuesday, 1 April 2008
Stocks and Investing Blogs
I'm adding some people to the blog roll-
Alphatrends
BeSpoke Investment
Big Picture
The Disciplined Investor
Also Checkout GlobeTrader. He's on the blogroll but hasn't posted in awhile. He recently put together some posts on how he trades and he's trading setup/screens.(A futures trader)
In other news, TraderBubs is quiting trading and looking for a real job while he's still young.
I think its a smart move. I wish you good luck my friend.
Some more charts (since I don't have the windows media center to watch recorded TV on I'm forced to do the next easiest thing for me which is look at charts)
Alphatrends
BeSpoke Investment
Big Picture
The Disciplined Investor
Also Checkout GlobeTrader. He's on the blogroll but hasn't posted in awhile. He recently put together some posts on how he trades and he's trading setup/screens.(A futures trader)
In other news, TraderBubs is quiting trading and looking for a real job while he's still young.
I think its a smart move. I wish you good luck my friend.
Some more charts (since I don't have the windows media center to watch recorded TV on I'm forced to do the next easiest thing for me which is look at charts)
Dino's BACK!
Today Dinosaur Trader is back hosting the Virtual Office after a months break. Checkout the P/L's of many successful traders in the VO.
Although I'm listed in the VO cemetery, I'll post my P/L for the day in spirit of DT's return. (I got locked out of TWS at 1:30pm EST so I only traded a half day)
I noticed the FLY posted a David Blane Street Magic Video. I'm not sure if he has seen this video, but it's pretty darn good.
Although DT posted it already on his blog I need to put it on mine for memories sake. Ths is really freakin funny.
http://view.break.com/442030 - Watch more free videos
Although I'm listed in the VO cemetery, I'll post my P/L for the day in spirit of DT's return. (I got locked out of TWS at 1:30pm EST so I only traded a half day)
I noticed the FLY posted a David Blane Street Magic Video. I'm not sure if he has seen this video, but it's pretty darn good.
Although DT posted it already on his blog I need to put it on mine for memories sake. Ths is really freakin funny.
http://view.break.com/442030 - Watch more free videos
Saturday, 24 November 2007
New Blog Design
This Thanksgiving Day Holiday I spent 12 hours 16 hours redesigning my blog and I made a new blog template which I titled "the 3 column candlestick stock market theme."
I've been really wanting to have a 3 column design, so I learned how to do it.I put my official Copyright on it as well, so don't be getting any clever ideas.
Edit-
I can tell OBAT isn't feeling my patriotic theme, so I'll substitute the white background for gray.
I've been really wanting to have a 3 column design, so I learned how to do it.I put my official Copyright on it as well, so don't be getting any clever ideas.
Edit-
I can tell OBAT isn't feeling my patriotic theme, so I'll substitute the white background for gray.