Sunday, December 02, 2007

The Power of Effortless Trading

Hi Einstein's,

Okay, who really wants to learn to trade? Why is it so damn hard? Why aren't u making any money? Why are you at best breaking even? Stay tuned....

Saturday, November 17, 2007

For those who think its easy to become a great trader, please remember these famous poets and their devine words...

It surely is a long way to the top...



the reason I bring this up? I have been out of service for a couple of weeks and dealing with matters of a personal nature... No I am not in rehab. (that's for quitters) But I will be on sabbatical for several weeks. I don't know that I will have capacity to do much "blogtification" but I will check in from time to time to see if anyone new is posting or reading.

please enjoy the number 1 rock video of all time.

also for those who may have been interested- I did finish most of my sons Halloween costume so here is a picture of him doing his best to Bring honor to our family and the Emperor.

Saturday, October 20, 2007

Hard Times Flush the Chumps.

I would consider the last 5 trading days as an indication that the markets are going to crash next week...If I was a chump. Since I am in the non chump classification I will simply chalk up recent price action to "distribution" or noise. In reality its only hindsight bias that ever really gives us a clear enough picture of history. We humans like to make sense of everything and have it all figured out. Why? So we can sleep at night, so we can feel smarter than we really are. I do know this; panic over Gold, Oil, China and the toys little Johnny gets in his Christmas stalking this year has not paid off for the bears in the past 4 years. So why get excited about a little sell off? Its like my friend St. Thomas says; "Price is King"

Thursday, October 18, 2007

Saturday, October 13, 2007

Trade What You See...


I'm done talking to you people! Just look at the chart and do what you are told. Stop listening to mad money and wasting your time reading the wall street journal. Just find a nice 5 year break out like this one and take a position. It is that simple.