Category Archives: Uncategorized

The future of social media, mobile and internet stocks.

If you have never been to thisweekin.com you should check it out.  It is a treasure trove of quality information.  The founder, Jason Calacanis, is not without his controversy and detractors.  With that being said, he has the ability to attract interesting, smart, successful people and is great at interviewing. The This Week In Network is diverse.Continue Reading

Patience and “The Goal” Parable

I was talking to a mentor of mine, whom I will formally introduce soon.  He asked me to read something.  It was an adaptation of a parable about patience and the goal.  It went something like this: A guy goes to a trading mentor and says he has 3 days to learn to trade. Guy:Continue Reading

If you make money every trade you will eventually be broke.

The benefit of being around the futures capital of world, Chicago, has been invaluable to me.  I have seen many people come and go and it has helped me to realize the mistakes a little faster.  It never prevented me from the mistakes but lessened their amplitude and frequency. I use to ride the elevatorContinue Reading

Believe in it.

I have a friend who is one of the most charismatic and effective people I know.  His secret is that he believes it. Whatever he is saying, he is always at max position. That is not right for me but it is right for him.  He is willing to accept the risks and own theContinue Reading

5 things we should all be able to agree on.

I have not written much lately because I have been frustrated by what I am reading and the lack of clear understanding and opinions dressed up as facts.  I do not mind bias at all, it is important.  But to communicate something as fact is both dangerous to the reader (human nature to want aContinue Reading

Fixing the stock market.

I like to see competitors come together for the greater good of the business they love.  Anyone who has been involved with trading/investing on a day to day basis for a long period of time has to love it. There is a lot of bullshit that is involved in this business. I don’t pretend toContinue Reading

Brain dump Sunday

Just a few things that are on my mind, most are preliminary. Opinions I assure you it is possible to like something have no opinion or only like slightly less than the opposite side.  Not every opinion is like a sports team, meaning just because I like the Yankees (for example only) it means IContinue Reading

Turning your brain into foie gras.

As I type this in front of my 6 screens, down from 10, I go back to the question I was asked when I showed a friend my office. “Do you really need that many screens?”  I explained I needed 4 for trading and wanted 2 for internet. Going further I explained how I usedContinue Reading

Change in market character.

As a trader there is something awesome about seeing a market change.  There will be a transfer in someway of capital as traders catch up or fight it. The theme First it is important to note that I look at the markets in terms of the S&P 500.  What we have seen is buying theContinue Reading

Predictions are failing at a rapid pace.

I do not envy the job of the economen (economist with the same track record as weathermen), but they still put themselves out there so we should learn something from them.  I do have some respect or empathy for them, they are proven wrong and wrong again but they still keep coming back.  Being aroundContinue Reading

The services and materials provided should not to be interpreted as investment advice, an endorsement of any security, commodity, future, or personal investment advice, or an offer to buy, sell, hold or trade futures, options or commodity interests or a recommendation to buy, sell, hold or trade futures, options or commodity interests. You assume the entire cost and risk of investing and are solely responsible for any and all gains and losses, financial, emotional, or otherwise, experienced, suffered, or incurred by you.