Finally – we’ve got a word for what most of us in the so-called middle-class have been feeling the last few years – Screwflation. As far as I can tell, Doug Kass at TheStreet.com invented it back in Oct of 2010. He defined this way: “Screwflation, like its first cousin stagflation, is an expression of [...] Read more »
Don’t Fumble this Valentine’s Day!
Don't Fumble this Valentine's Day! If you’ve been reading my emails and articles for long you know I place a high value on family. I really enjoy the freedom trading for my own accounts and mentoring other traders gives me to spend more time with my family. I’d go so far as to say that [...] Read more »
Fear, Greed and Money – Short Test To See If You Sabotaging Yourself?
Today it’s time to talk (again) about investing and trading and how your emotions will damage your investing and trading returns unless you have an effective method for circumventing them. I keep going back to this topic because it pretty much determines if you make it as a trader or not. There are lots of [...] Read more »
A Couple Investment Scams to Avoid
Good times and bad, the scammers are after your money. Run; don’t walk, when you find one of these in your email, your USPS mail or a friend, relative or financial advisor touting them. First up, we have the Ponzi Scheme. I’m trying to have this one renamed the Madoff Scheme – even the guy [...] Read more »
I just love bubble markets
I just love bubble markets… With trend trading you make money on the upside and when they pop! Here’s a few I’m keeping an eye on these days: Gold Old style doom-and-gloomers are always on the gold bandwagon. When it looks like inflation might be returning, the whole asset protection gang piles in and the [...] Read more »
How trading is like game shows
Would you rather have $1,000,000 or 1 cent? Silly question for most, but I had to ask because the other night I was watching the TV show Deal or No Deal. The buggy-eyed greed of the contestant that night reminded me of many traders and money managers. In case you haven’t seen the show it [...] Read more »
Most Hedge Funds Make Great Neighbors But Lousy Investments
Hedge funds failed en masse in 2008, when nearly 1,500 closed their doors. Many of these closures were due to the complexity of the funds themselves. When a bad market hit, they couldn’t help but get caught in the downward spiral. And the bleeding continues; in the first quarter of 2009, investors pulled $103 billion [...] Read more »
What Do Fish Tanks and Financial Markets Have In Common?
I had an interesting trip to a local store yesterday afternoon. I’ve been thinking about getting a fish tank for my office. I hear they’re calming and I know they look great. So a salt water tank seems like it would be an attractive addition to my office but I have no idea how much [...] Read more »
Trading in the Trenches
Anyone can look at an old chart and say, “You should have done this or that.” But real trading is in the trenches, that is the live market. I want you to have every possible advantage. So I let my students follow my trades, as I buy and sell, real time. Since my system doesn’t [...] Read more »
The best way I found to help those in Haiti
I treat my giving like my trading. I analyze, back test, diversify and research before making a decision. In the case of Haiti relief I found this great site that does much of this for you. This is a good resource if you were like me and wanted to do something, but was not totally [...] Read more »
