Recent content by flyingiguana

o my bad, the article i skimmed through for users was estimating android users. 30 mil ios + however many they get from android. gonna be interesting to see how facebook tries to monetize instagram.

well instagram has what 80 million users? facebook makes $4 per user in revenue. 320 million x5 multiple and you get 1.6 billion. a bit of a stretch since mobile users make much less revenue, but i'm sure investment bankers involved in the deal threw out similar numbers. problem is...

is it just me or does that round of financing led by Sequoia a week ago smell kinda fishy? Instagram in the thick of negotiations with Facebook and Google look for a way to up the value of the company. tell Sequoia about their plans and Sequoia walks away with 100% gain within a week.

whats next? they're gonna tax me everytime i take a dump?

might be a bit late on this one

in regards to BAC, i wouldn't buy it but there's a possibility in spin offs. a more proper valuation in that scenerio would be around 9/10 a share. will management have its hands forced to sell off assets? a recession is not fully priced in and looking more likely as more economic data...

hard work and experience. the real key is to never stop working hard and learning. trading is much more than just charts. you also have to master yourself before you can successfully tackle charts.

the government should have just gauranteed interbank lending. they didn't have to resort to these tactics.

well maybe thats why i dont like trading the eur/usd. i'm mostly into yen carry trade pairs.. my understanding is the larger timeframes have more volatility within the bar but smaller timeframes have more volatility over a certain period of time, ie overbought to oversold level. not to...

i'm sure you can find a subset of data where this is true, but over a full year it is not the case. my setups use oscillators on multiple timeframes. i've found the lower timeframes to be almost a random walk a large % of the time (large enough to make the risk/return not worth the effort)...

intraday trading vs longer-term trading results in a much larger pool of potential trades. it really shouldn't even be a debate. even factoring in the amount of bars. the data is smoothed out a lot more on daily and weekly charts.

doesn't really matter what signals you use. a 1 min chart will give off a larger number of possible entries than say a daily chart. there's more erratic movement on lower timeframes.

there are hige differences on different timeframes. more false signals the smaller the timeframe.

if you agree with theory like creative destruction, slumping housing prices are actually a good thing in the long run.