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Trading

THE PRAGMATIC CAPITALIST » » IBD DOWNGRADES MARKET OUTLOOK

January 25, 2010
Bull or Bear???
Image by Christina Matheson via Flickr

IBD was the system I cut my investing and trading teeth on.  Even today when I look at how far I’ve come since then I still believe that they at Investor’s Business Daily really add very much value to any discussion of the stock market.  So when I read and article like this from the Pragmatic Capitalist, a more recent following, I take notice.  Short article.  Whether you’re an investor or a trader read it now!

THE PRAGMATIC CAPITALIST » » IBD DOWNGRADES MARKET OUTLOOK

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A Look at the Two Dual Rallies in the SP500 and US Dollar Index in 2009 | Afraid to Trade.com Blog

December 30, 2009

With only 2 more trading sessions in 2009 Corey points out something that we should take note of and carry that knowledge into the new year.  This is for traders  and investors alike. 

A Look at the Two Dual Rallies in the SP500 and US Dollar Index in 2009 | Afraid to Trade.com Blog

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Mish’s Global Economic Trend Analysis: Hussman on Valuation; Stocks Higher? Bulls Dance On Edge Of Cliff

December 29, 2009
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Shhh… Super-Secret Year-end Trading Update

December 29, 2009

This is for only select people. If you are not one of these people, and you know who you are, don’t read this.

I’m only $2k, or there abouts, from finishing the year with $100k in the Trading To A Million Account.

Updates coming soon.

Patrick

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Paulson, Robertson Bet On Rising Treasury Yields | FINalternatives

December 27, 2009

This isn’t strictly for the investors out there.  The intel can be used by all.  

“If they are right,” one hedge fund manager told the FT of Paulson, TPG-Axon’s Dinakar Singh and Robertson, “they will make a fortune. If they are wrong, they haven’t lost much.”

Paulson, Robertson Bet On Rising Treasury Yields | FINalternatives

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Trader Taxation – Part 1 – A quick definition of what a trading business is…to the IRS and to YOU Die Broke Blog

December 27, 2009

Great post!  I know this but for those who don’t it might save a few hair-pulling sessions. 

Trader Taxation – Part 1 – A quick definition of what a trading business is…to the IRS and to YOU Die Broke Blog

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What Should I Do? What Should I Do…

December 7, 2009
The J curve shows the effect of a devaluation ...
Image via Wikipedia

I’ve been sitting on a put since Nov. 27th and doubled the position on Dec. 4th.

In this low-volatility period I have tried not to second-guess myself. The position gave me several times that I could have gotten out with a decent profit but I wasn’t technically convinced that I should shouldn’t bail, so I stayed in.

Now, the Q’s are nearing the break-even point and I’m sure my put will shortly be there too.

Are there any of you out there that would like to weigh in on what I should do at that point?

Patrick

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Help to Defeat the Mindless Trader Tax « The Reformed Broker

December 1, 2009

What is now being referred to as the Trader Tax (H.R. 1068, also known as the “Let Wall Street Pay for Wall Street’s Bailout Act of 2009“) is actually a tax that will affect every single American.  It amounts to a witch hunt for scrape goats to blame the this economic downturn on.  Not only are those responsible for bringing up such a tax wrongly trying to place blame but they are using taxes as a way to limit financial opportunities in America. 

Already, for the first time in history, have they tried or are trying to assert themselves in industry, banking (financial), and healthcare using this recession as an excuse.  Now they want do the same to the stock market.  It’s an example of cutting one’s nose off to spite one’s face.  The repercussions of a tax like this will change America and the “Average Joe’s” opportunities for the worse, forever.   No wonder those inside Washington D.C.’s beltway have become known as Beltway Bandits.

Am I wrong?  You tell me. 

Help to Defeat the Mindless Trader Tax « The Reformed Broker

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Still A Monday Morning

November 23, 2009

It’s still morning here in the Mid-west but the trading day is well under way. I started the week holding a put from last Wednesday that I bought on a 30-min chart. It hit my stop today and so I exited with minimal profit.

With the holidays coming I decided that it wasn’t worth trying play volatility. Those that create volatility are starting to wind down their positions and will continue to do so until the end of the year.

So to better reflect the lower volatility I’ve moved back to my 5-min charts but with an emphasis on tracking the A/D difference.

It seems to help. I entered another put (same put, lower price) at $1.28 and currently it’s at $1.45. Not bad. But as it is said, “The proof is in the pudding”. We’ll see where I get out.

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Patience And The 30 Minute Time Frame – November 12, 2009

November 12, 2009

Not much profit but I used the same chart to buy a put, the $45 put this time for a much better delta.

Click to continue reading “Patience And The 30 Minute Time Frame – November 12, 2009″

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