Trend is your friend
until it makes a turn.......
so true, but in the long run I really believe in riding the trend to make my trading a profitable one. I can not trade with a short time span. I am a position trader and as such I need to ride trends. It is impossible to sell at the high or buy the bottom. I focus on getting the middle part of a large trend. These trends can last a few days or more likely several weeks.
Just ride the wave
Sunday, September 30, 2012
Tuesday, September 25, 2012
Sunday, September 23, 2012
Thursday, September 20, 2012
on the matter of life coach or motivational speakers
I know and appreciate some famous motivational speakers. I also understand why some people may need such "push" or encouragement from time to time. I do appreciate it but one really should be very careful as to where one gets such advice or help.
If I want to learn to swim, I would like to be taught by someone who can swim very well. Not some geek that studied mechanics of swimming by reading a book.
So why do people listen or rely on some dick who has not achieved much in professional life? I think it is a fraud. I mean, posing as some "guru" when you have no valid credentials to be talking about business or success in business environment.
C'mon! I get approached to talk about trading or mentor people. I decline. My reasons are 1) I am not a teacher, 2) I am not successful 3) I don't deserve to be paid to do something I am not qualified to do and finally 4) if you think you need help in this regard as in getting motivated, you should quit.
Motivation should come from within you. My motivation to trade everyday (well, sort of) comes from deep inside. My passion for markets or rather what a success in the markets can bring me. Once I feel the desire NOT to do so, it is time for me to quit and try something else like lecturing people on something I have no experience of and become an academic or something!!
Well, it is a free world. One is free to get fleeced by these fraudulent wannabes and listen to their BS!!
Only wish these "victims" would trade against me so I can make money. hehehehehe
If I want to learn to swim, I would like to be taught by someone who can swim very well. Not some geek that studied mechanics of swimming by reading a book.
So why do people listen or rely on some dick who has not achieved much in professional life? I think it is a fraud. I mean, posing as some "guru" when you have no valid credentials to be talking about business or success in business environment.
C'mon! I get approached to talk about trading or mentor people. I decline. My reasons are 1) I am not a teacher, 2) I am not successful 3) I don't deserve to be paid to do something I am not qualified to do and finally 4) if you think you need help in this regard as in getting motivated, you should quit.
Motivation should come from within you. My motivation to trade everyday (well, sort of) comes from deep inside. My passion for markets or rather what a success in the markets can bring me. Once I feel the desire NOT to do so, it is time for me to quit and try something else like lecturing people on something I have no experience of and become an academic or something!!
Well, it is a free world. One is free to get fleeced by these fraudulent wannabes and listen to their BS!!
Only wish these "victims" would trade against me so I can make money. hehehehehe
Wednesday, September 19, 2012
Ray Dalio - Bridgewater
This is a must read for anyone who wants to be successful. Forget some bullshit blog written by those who just commentate or criticize. What is the point in reading stuff written by some pencil pusher who has never achieved anything big?? Here is a guy who has done extremely well sharing his thoughts.
Ray Dalio, if you do not know him is perhaps one of the most successful hedge fund manager living.
Here he shares some thoughts on his principles and it is well worth spending an hour or two reading and digesting what he has to say.
http://www.bwater.com/Uploads/FileManager/Principles/Bridgewater-Associates-Ray-Dalio-Principles.pdf
Ray Dalio, if you do not know him is perhaps one of the most successful hedge fund manager living.
Here he shares some thoughts on his principles and it is well worth spending an hour or two reading and digesting what he has to say.
http://www.bwater.com/Uploads/FileManager/Principles/Bridgewater-Associates-Ray-Dalio-Principles.pdf
EURUSD Setup -still LONG-
My trading system still shows LONG signal on this pair.
Granted, my system is a reactive one and not an active or leading indicator.
My average cost is now 1.27195 having been pyramiding since 1.2340 since 1 Aug. 12
Additional buy orders can be seen on the chart image below at 1.3175 and 1.3275.
My target? for it to go to the sky!!
Granted, my system is a reactive one and not an active or leading indicator.
My average cost is now 1.27195 having been pyramiding since 1.2340 since 1 Aug. 12
Additional buy orders can be seen on the chart image below at 1.3175 and 1.3275.
My target? for it to go to the sky!!
some valuable advice from Warren Buffett
"I always knew I was going to be rich. I don't think I ever doubted it for a minute"
- Warren Buffett
Buffett bought his first share at age 11 and he now regrets that he started too late!
- Things were very cheap that time. Encourage your children to invest
He bought a small farm at age 14 with savings from delivering newspapers.
- One could have bought many things with little savings
- Encourage your children to start some kind of business
He still lives in the same small 3-bedroom house in mid-town Omaha, that he bought after he got married 50 years ago. He says that he has everything he needs in that house. His house does not have a wall or a fence.
-don't buy more than you "really need" and encourage your children to do the same and think the same.
He drives his own car everywhere and does not have a driver or security people around him.
- you are what you are
He never travels by private jet, although he owns the world's largest private jet company.
-Always think how you can accomplish things economically.
His company, Berkshire Hathaway, owns 63 companies. He writes only one letter each year to the CEOs of these companies, giving them goals for the year. He never holds meetings or calls them on a regular basis.
-Assign the right people to the right jobs.
He has given his CEO's only two rules.
Rule number 1: do not lose any of your shareholder's money.
Rule number 2: Do not forget rule number 1
-set goals and make sure people focus on them
He does not socialise with the high society crowd. His past time after he gets home is to make himself some pop corn and watch TV
-don't try to show off, just be yourself and do what you enjoy doing
Buffett does not carry a cell phone, nor has a computer on his desk.
Buffett's advice to young people
Stay away from credit cards (bank loans) and invest in yourself and remember
a. money doesn't create man but it is the man who created money
b. live your life as simple as you are
c. don't do what others say, just listen to them, but do what you feel good.
d. don't go on brand name; just wear those things in which you feel comfortable.
e. don't waste your money on unnecessary things; just spend on them who really in need rather
f. after all it's your life then why give chance to others to rule your life.
The happiest people do not necessarily have the best things. They simply appreciate the things they have.
- Warren Buffett
Buffett bought his first share at age 11 and he now regrets that he started too late!
- Things were very cheap that time. Encourage your children to invest
He bought a small farm at age 14 with savings from delivering newspapers.
- One could have bought many things with little savings
- Encourage your children to start some kind of business
He still lives in the same small 3-bedroom house in mid-town Omaha, that he bought after he got married 50 years ago. He says that he has everything he needs in that house. His house does not have a wall or a fence.
-don't buy more than you "really need" and encourage your children to do the same and think the same.
He drives his own car everywhere and does not have a driver or security people around him.
- you are what you are
He never travels by private jet, although he owns the world's largest private jet company.
-Always think how you can accomplish things economically.
His company, Berkshire Hathaway, owns 63 companies. He writes only one letter each year to the CEOs of these companies, giving them goals for the year. He never holds meetings or calls them on a regular basis.
-Assign the right people to the right jobs.
He has given his CEO's only two rules.
Rule number 1: do not lose any of your shareholder's money.
Rule number 2: Do not forget rule number 1
-set goals and make sure people focus on them
He does not socialise with the high society crowd. His past time after he gets home is to make himself some pop corn and watch TV
-don't try to show off, just be yourself and do what you enjoy doing
Buffett does not carry a cell phone, nor has a computer on his desk.
Buffett's advice to young people
Stay away from credit cards (bank loans) and invest in yourself and remember
a. money doesn't create man but it is the man who created money
b. live your life as simple as you are
c. don't do what others say, just listen to them, but do what you feel good.
d. don't go on brand name; just wear those things in which you feel comfortable.
e. don't waste your money on unnecessary things; just spend on them who really in need rather
f. after all it's your life then why give chance to others to rule your life.
The happiest people do not necessarily have the best things. They simply appreciate the things they have.
SLSって言ったら。。。。。だよねぇ
いろいろ書き溜めていた記事を一気にアップしています。。。
なんのためでしょうか？自分でもわかりません。。。。
あまり深く意味を追求しないでください。
って事でメルセデス・ベンツSLS AMGについてです。
なんのためでしょうか？自分でもわかりません。。。。
あまり深く意味を追求しないでください。
って事でメルセデス・ベンツSLS AMGについてです。
書き忘れていた事
書き忘れ① ー ビジネス立ち上げ
書き忘れ② ー 昔の話 ー ペンキ売ってた時代
書き忘れ③ ー 昔の話 ー ペンキ売り脱出
書き忘れ④ ー 昔の話 ー トレーダー時代
書き忘れ⑤ ー 良い思い出 ー 亡き師匠 伝説のブローカー
書き忘れ⑥ ー リーマンの人たち
書き忘れ⑦ ー すごいと思った人たち
以上が「へたれ為替トレーダー」が書き忘れているタイトルです。
備忘録だよん。
書き忘れ② ー 昔の話 ー ペンキ売ってた時代
書き忘れ③ ー 昔の話 ー ペンキ売り脱出
書き忘れ④ ー 昔の話 ー トレーダー時代
書き忘れ⑤ ー 良い思い出 ー 亡き師匠 伝説のブローカー
書き忘れ⑥ ー リーマンの人たち
書き忘れ⑦ ー すごいと思った人たち
以上が「へたれ為替トレーダー」が書き忘れているタイトルです。
備忘録だよん。
Tuesday, September 18, 2012
F1 イタリアGP 遅延レポ
アップが遅れましたがイタリアGPはハミルトンの快勝と、ザウバーのペレスの大健闘が目立った形で終わりましたが、やはりいぶし銀のアロンソは圧巻です。
ポールから先行逃げ切りで勝つのはハミルトンの得意なパターン、と言うか僕にはこの形でないと勝てないドライバーのようにも思えます。彼が後方からじっくり追い上げて好成績をおさめるケースは少ないかと。
逆にアロンソというドライバーは中盤や後方からの追い上げも無難にこなせる頭脳派のドライバーでしょう。同じ事はバトンにもいえますが、今回の彼は燃料周り（具体的にはタンク内のピックアップ）のトラブルでリタイア。ペレスのペースが想像以上に速かったので２位をキープできたかは微妙ですが、表彰台はまず確かだったでしょう。
このレースのみどころはいろいろあったようでありませんでしたね。アロンソがベッテルの幅寄せで砂煙を上げて芝の上へ逃げざるを得なかった場面。あれはやはりベッテルにくだされたペナルティは正しいと言わざるをえません。あれはひどい。昨年、同じ２人が逆の場面（アロンソが前）ではアロンソはきっちり1台分のスペースを与えた。今回は最初1台分あったスペースがアロンソが並びかけた時点で車幅半分ぐらいまでになった。あれではレースにならない。レースはフェアにやらなくては。
と言う事で既に今週末はシンガポールです。今年は初めて日本でテレビ観戦です。
残暑厳しい日本、そして隣国からのノイズが目立つようになっていますね。脱原発運動で電力需給が圧迫しだしているのもあっての隣国達の動きなのだろうかってのは考え過ぎでしょうか？
ポールから先行逃げ切りで勝つのはハミルトンの得意なパターン、と言うか僕にはこの形でないと勝てないドライバーのようにも思えます。彼が後方からじっくり追い上げて好成績をおさめるケースは少ないかと。
逆にアロンソというドライバーは中盤や後方からの追い上げも無難にこなせる頭脳派のドライバーでしょう。同じ事はバトンにもいえますが、今回の彼は燃料周り（具体的にはタンク内のピックアップ）のトラブルでリタイア。ペレスのペースが想像以上に速かったので２位をキープできたかは微妙ですが、表彰台はまず確かだったでしょう。
このレースのみどころはいろいろあったようでありませんでしたね。アロンソがベッテルの幅寄せで砂煙を上げて芝の上へ逃げざるを得なかった場面。あれはやはりベッテルにくだされたペナルティは正しいと言わざるをえません。あれはひどい。昨年、同じ２人が逆の場面（アロンソが前）ではアロンソはきっちり1台分のスペースを与えた。今回は最初1台分あったスペースがアロンソが並びかけた時点で車幅半分ぐらいまでになった。あれではレースにならない。レースはフェアにやらなくては。
と言う事で既に今週末はシンガポールです。今年は初めて日本でテレビ観戦です。
残暑厳しい日本、そして隣国からのノイズが目立つようになっていますね。脱原発運動で電力需給が圧迫しだしているのもあっての隣国達の動きなのだろうかってのは考え過ぎでしょうか？
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