Risk: SO Not Just A Game

Mark McLeanGeneral Comments9 Comments

During a good film session today with a senior trader I got to get a clear look at how quickly I lose control of my risk and put my trading day in complete jeopardy. The film was from Thursday of last week when I was daytrading SRS (the real-estate ultrashort ETF) actively. To give you an idea of how the … Read More

Hurricane Mutter

Mark McLeanGeneral CommentsLeave a Comment

Gustav. Hanna. Ike. What’s next? Peter? Connor? Maybe Hurricane Gilbert? Definitely maybe a Hurricane Meghan. Whatever the name, let’s take a moment to welcome hurricane season. Such a time that if not before had garnered credibility definitely has after 2005. I mean even our President takes notice now, enough so to notify the FEMA head. For us in this lovely … Read More

Hey, Just Relax and Trade

Mark McLeanGeneral Comments4 Comments

During the past few days we have seen noticeably increased volatility and movement in our markets. Days like this are what a day trader salivates for, because the money making opportunities are vast as money is pulled in and out of the market and stocks act somewhat erratically. During these times it is easy to get overly worked up because … Read More