Recent content by traderlivermore

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    Superior trader, a born talent or can be taught?

    An interesting twist is to take grueling drills to prepare yourself before you face the market. Take a look at this: http://thefountainhead.typepad.com/contango/2006/03/40_second_boyd.html
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    Superior trader, a born talent or can be taught?

    I've read a few pages, but... I'm not going to read them all. So, I don't know if its been said before, but to me, it's obvious that <b>trading is a sport</b>. In this context, a natural has advantages over the rest. Nevertheless, he has to work extremely hard to hone his abilities; and...
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    GOOG today

    This is how I see it: http://thefountainhead.typepad.com/contango/2006/03/analysts.html
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    Good Trading Quotable Quotes

    I heard about this interesting study in NPR a few days back, check it out: http://thefountainhead.typepad.com/contango/2006/03/deal_or_no_deal.html
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    Any help is appreciated

    I'd recommend paper trading, later on, you may want to try 1 contract with IB. Pay the $10 monthly with IB to begin your paper trading; you'll get to practice on IB's platform too. I'm starting a trading journal blog with what I've picked up along the way, you may want to check it out; be...
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    Xle

    Let's see if $63 QM Apr holds... However, Bush visiting Pakistan helps. And, let's not forget the 230,000 miners on strike in Mexico, which could extend to PEMEX. Things do look bullish, although we could see some pullback... I agree with you Serg.
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    Xle

    As I said before, we're into choppy territory. Anyhow, I thought you guys might like to read Tertzakian's book. It's a comprehensive narrative on oil's history and prospects. I have my qualms about some of the numbers, hence the proposed prospects of oil, but, all and all, I think it's a...
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    Xle

    Talking about weather, Roach has a very nice piece at Morgan Stanley; Seasonally Mal-Adjusted. Anyhow, makes the case of the exceptional warm January, about 27% above average, for the continuation of house construction, retail sales, employment and the anomalous buildup in oil inventories...
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    Xle

    I'm sorry 25 oC = 77 oF; much nicer weather...
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    Xle

    Chaqi, seg, elcap My God! get a life, how can you guys live there? Here in Puerto Rico, it's always warm, well... we wish for some cool days which we sometimes get in the winter?? maybe 25oC (46oF)... You guys be careful... Housing starts gave a big bolt yesterday to crude...
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    Oil Prices

    It's been coming down at a rate of $4 per month.
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    What's so bad about deflation?

    The People's bank of China, their CB, has a special charter, --to assure the employment of the 800 million Chinese waiting in the sidelines. So, local mortgage loans, are converted into Mortgage Backed Securities, which is now one of the PBoC prefered investments, in 2 seconds flat. Local...
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    What's so bad about deflation?

    You've added the multiplying effect of reserves ...the original sin. But it ain't monopoly money, as long as I can buy 2 years from now a Trojan for $3, which is worth $3 today, I'm OK and the banks too, for somewhat different reasons though...
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    What's so bad about deflation?

    In this case, the BoJ fought inflation...Rose rates to appreciate the Jen.
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    What's so bad about deflation?

    I'm not buying any of that line... ...You see bankers don't like their loans to be repaid with monopoly money... If the USD drops, that's exactly what'll happen... Then, we need to understand a couple of things about life... The Fed is King Kong mamma banker --they control the supply...
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