Yes, You Can

Last night’s speech by Sen. Obama inspired me as a trader. Now, this blog post isn’t meant to be a political statement, but as traders we are perpetual learners. We are individuals with a thirst for knowledge, which means we are able to learn from so many non-traders that we observe. So let’s talk about what we can learn from … Read More

Predictions

We received an email from a very accomplished young man the other day with an obvious passion for trading.  He had traded different products and still had not finished his studies.  I am looking forward to meeting him.  When we are interested in a candidate we ask that they answer some questions.  This young man answered one of our questions … Read More

Insanity

One of our new traders got ripped by a Senior Trader on our desk in the email below. I thought all of this was awesome. I loved that the new trader sought some extra help. And the advice given was spot on. As a mentor it is our job to tell the new trader the truth. Further, there are a … Read More

Opportunity

Just got out of our AM meeting. Good trading opportunities on the Open for LDK, BIG, ELN above 14.50, CRM, HK above 34.50, DRI support at 27.80. Choose carefully but there will be opportunities. Good luck. Please follow and like us:

LDK

LDK traded well today. I have witnessed many intraday reversals and fake breakouts and breakdowns trading LDK in the past. My sense is that many big time swing traders take big positions in LDK and when the stock starts to reverse they hit the bids well thru to exit. It causes choppiness. I didn’t see the choppiness today. LDK was … Read More

Six Flags Theme Park and Trading

After many years of being away from a theme park I needed a little reminder of how much I like roller coasters and how little I enjoy waiting in long lines. Since I made some good money in the oil bounce and EUR strength this week as outlined in my blog from last weekend I decided to take Friday off … Read More

Last Week of August 08

The last week in August is the worst trading week of the year.  Our desk is instructed to take off during this month.  Many were away this past week.  And many will be away this week.  I will be trading.  My vacation will start next week.  Steve gets this week off and I get the next.  But there are some things … Read More

Modeling Career

I would like to take this opportunity to officially announce my retirement from modeling.  Well let me modify that statement.  I will not model another day unless I get paid 10k.  Ok now that makes more sense. So Steve and I were asked by Trader Monthly to do a shoot for an article they are writing about SMB Capital.  The … Read More