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My Social Security Fast Action Fix 2008-03-26 02:01:02 Here’s my social security fast action fix for you. Dump it.
Income redistribution. However you want to dress it up, makes me want to vomit.
Social
Security doesn’t work for retirement anymore. I don’t know of anyone that is depending on social security as part of their retirement plan. And if I don’t know it than it [...] Read more:Action
, Social Security
My Life is Hopeless 2008-03-25 02:01:18 A CEO buddy of mine has an excellent saying. He’s always telling his employees “Hope is not a strategy”. I think he’s a pretty good CEO, but I guess I might wonder how well his company is doing if he’s constantly telling his employees to stop hoping.
In all seriousness, he’s got a point. How often [...] Read more:Hopeless
My Turn to Be a Damn Baby… 2008-03-27 03:52:35 Wow, does blogging takes a lot of time. It takes me 30 minutes to an hour just to write a short post, rewrite and post it the blog. For the really thoughtful post like trading traps, support and resistance, and trading marubozu, writing can take even longer. Sometimes two hours to get clear what [...]
Trader Death 2008-04-03 04:32:17 Trader Death, by my definition, is when a trader’s career is ended financially. This can happen many ways, but typically it’s a big blowout ala my first big blowup. Or the “death by a thousand paper cuts” mode which seems to have claimed another casualty in Trader Bubs. Whether voluntary or involuntary, trader death sucks.
If [...] Read more:Trader
Higher Lows and Charts of Interest 2008-04-01 04:22:20 Day Trading is still my modus operandi, temporarily anyway. Looking at the daily charts I might be seeing some light at the end of the tunnel.
Higher
lows are back again. The next step would be to find out what stocks are pushing us higher.
I would be drilling down into the index components to find what [...] Read more:Charts
, Interest
Link Love Friday 2008-04-04 04:51:41 What is Trading So Difficult?
Is Your Game Over?
Trading Fibs with Toni
Brandon Fredrickson discusses his TUP Trade. What’s really interesting is he discusses the application of short term time frames for longer term setups. Something I learned from TradingfromMainStreet.com and apply to this day. Read more:Friday
DOW 30’s with Potential 2008-04-07 04:24:02 Just looking at the Dow I saw some potential trades. Let’s look at the index first:
The Dow taking a rest before moving higher? Or at least hope we aren’t range bound.
I like AIG over 47.70. It just needs to get over the 50 sma.
I may buy some C here. It’s over its 50 sma and [...] Read more:Potential
Lazy Breakouts 2008-04-09 04:38:34 I wanted to bring your attention to a concept that the wild1 wrote about at his blog. The article is entitled Shave the Losses and the key sentence that still is in my mind is “If you are holding on to an investment/stock and you aren’t making any money off it, then why are you [...]
5 Lies Traders Tell 2008-04-08 04:20:35 1. I consistently make money.
I roll my eyes when I hear or read this statement. If there’s anything I’ve learned it’s that the market is not my personal ATM. Sure, over the course of a career I’ve become net positive, but its had some ups and downs. When someone says they’re consistently making money, are [...]
Lazy Breakouts Part II 2008-04-10 03:59:19 Jeff White from thestockbandit.net has an excellent video on trading those breakouts that seem to go nowhere fast.
I routinely visit Jeff’s blog. The concepts discussed are always on topic and useful. I’ve never been a paid member of Jeff’s service, but If you’re struggling or maybe just need a boost I would be willing to [...]
Link Love Friday 2008-04-11 04:29:32 My Trader’s Journal turned one this week! Congrats!
Momentum trader always has a slew of interesting trading ideas.
It’s always darkest before dawn…
When is a recession not a recession? Read more:Friday
Trading Success and Testosterone 2008-04-22 02:01:46 Here is a story from Scientific American on trading success and testosterone.
According to the story, the traders in the study had a higher level of testosterone in their saliva on days when they beat their daily average.
The story goes on to state that the increase in testosterone led to more confidence which in turn [...] Read more:Trading
, Success