Archive for July, 2009

Emotions and Trading

By trader7757, 31 July, 2009, No Comment

The toughest maxim for me to assimilate, at an emotional level is: The market is always right, and I am always wrong. When I am in a trade the market cares little for my expectations for the trade, as the market is essentially a function of the combined psychology of millions of traders, not the psychology of my trading, and when I am on the wrong side of a trade I am, quite simply, wrong. That is, indeed, a tough pill to swallow.

INO Market Commentary

By trader7757, 31 July, 2009, No Comment

The September S&P 500 index was higher overnight as it extends this month’s rally. Stochastics and the RSI remain neutral to bullish signaling that sideways to higher prices are possible near-term.

Billy O’Reilly and some fuzzy math

By trader7757, 31 July, 2009, No Comment

Could someone write Bill and explain the term “per capita” please? Ah…this could cause a person to take to drinking excessively.


Very Funny Housing Crisis Video

By trader7757, 31 July, 2009, No Comment