Category Archives: Uncategorized

RE: AN ODE TO THE SHORT-TERM TRADER

Over the weekend a post came up in my feed a lot. AN ODE TO THE SHORT-TERM TRADER from zenpenny.com. I did not exactly read it with an open mind but it is one of the better ones.  I thought it was going to be another post telling people what they can and cannot do.Continue Reading

The market inside the market.

I remember the first time I found the trading holy grail.  I couldn’t sleep.  It was software that read patterns.  I was going to be the richest person in the world.  I fell into one of the very few equations throughout the history of finance that is pure, new to trading = knew everything.  IContinue Reading

CME changes settlement hours for Equity Indexes Starting Nov 18th.

CME changed the settlement from 3:15pm CT to 5pm CT, maintaining the same price limits. The market will continue to be closed from 3:15 to 3:30 and 4:15pm CT to 5pm CT. From CME Group Normal “non-holiday” Trading Hours: Trade dates will begin at 17:00 CT/18:00 ET (vs. the current 15:30 CT/16:30 ET on Monday-Thursday)Continue Reading

“Trading is as easy as hitting the Like button”

A marketing friend sent me an article the other day about how much a Facebook like is worth to a public company.  This is not the first time I have gotten an article like this. So, 99.95 percent of the change could be explained by the change in fan counts,” he says. In other words,Continue Reading

It is the participants, stupid.

Joshua Brown wrote today, FIRE IN THE DISCO. Go read it if you haven’t, I’ll wait. Welcome back.  I am by no means a fundamental analysis but what I do know is that participation matters.  The hard part about any type of analysis is not how people will react.  It is about who is participating.Continue Reading

Causation and correlation 101

It appears there a gaping hole of disconnect between causation and correlation.  Correlation says that two things move along in equal or almost equal ways or opposite ways.  Causation says that one thing affects the movement of another. Huge difference. Lets talk about two recent examples: The market has been up X% on Tuesday’s after X event occurred.Continue Reading

Looking before you cross.

I do not know what it is lately but it seems like I see a person risk their life or limb crossing a street or just run into people almost everyday. The first thing I wonder is what is so important that they would risk being injured.  Is there time that important?  If so, whyContinue Reading

Be part of an important conversation tomorrow.

Going to open our room tomorrow for a fireside chat. Follow @eradke or @eminiexecutors for more details in the morning.Continue Reading

2012 #Stocktoberfest in pictures. Part 1

The theme for 2012 Stocktwits Stocktoberfest was Investing for Profit and Joy.  There was an interesting mix of people and presenters.  Below are some pictures from the event. Justin Paterno of Stocktwits launching the new StockTwits API.  I know they worked hard and will be interesting to see how it works.  I found it interesting thatContinue Reading

Email: What is the most I should lose in a day?

This is a pretty common question.  Most people want a clear and simple equation.  But there isn’t one.  This is something that you need to answer for yourself.  Answering the following questions should help clear it up: What am I capable of making in a day? On your up days if you are making netContinue Reading

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