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I believe you can trade with any size as long as you have already worked out your strategy and method etc. After that you decide whether you will trade 1 or 2 contracts or 5 or 10 depending on your account :). Personally I prefer options on ETFs and I don't trade a huge size either, just what I...

Play both sides, and enjoy sunshine from both sides. Only way to beat the markets IMHO. Tomorrow could be very ugly with Asia selling tonight http://lauristonletter.blogspot.com/

excellent chart. I think the selloff might start today for 2-3 days. there are too many puts bought, so the drop may not be that big (Put/call ratios too high right now, too many people bearish). Hopefully a day or two should be enough of a scare and a boon for bears...

The problem with these "competitions" is they can make people use the worst trading strategies and methods to win. I think many bought NEW and tonnes of it, but are now stuck. But don't expect competition organizers to help you understand the intricacies of real-life trading - all they want is...

It's all about probabilities, so if you buy, you are working out probability that it will go higher in the timeframe you have. if you sell, you are thinking probabilities favor the downside. If you wanna call that predicting, then so be it. But when economists make predictions, better watch out...

Here is a chart I posted on my blog on feb 22 of several hammer candlesticks. I was quite bearish on the markets based on this, and I entered several short positions (puts) that worked out well in the next several days into last week's carnage. Always pays to "pay attention" to those hammers...

i thought today would be quite bearish but evidently there was more short-covering than selling. Even negative comments from Fed official Bies didn't do much damage. It looks like it will be up to the Far East to start another stampede downwards. No doubt about it, as a short-term bear, it was...

I still think we are in a bounce that is going to fail just looking at the low volumes this week. I was hoping for a big sell-off today, but markets look extremely boring today and flat. I keep saying "maybe tomorrow" and it hasn't happened yet. Maybe early next week we get the big drop part...

IMHO I think today is a "gap and crap" day based on the low volumes we saw in previous 3 trading sessions. Individual stock charts look like momentum is waning to upside also. I think closing today will be weak. As I noted yesterday, even Goldman Sachs has warned about next several months from...

i try to post live "swing" trades. Didn't have too many trades to post up until last week because of the low volatility. Now that volatility is back, I am finding it easier to locate good swing and daytrades. I will continue to post my swing trades live, but it is difficult to post daytrades due...

What if those who were sitting on fat profits since July 2006 suddenly wanted out when the trend was broken Feb 26th, but unfortunately they all wanted out at the same time? They may have wanted to book some profits but unfortunately it got hyped as usual by the media and got out of hand? Just...

I think this is what Goldman Sachs is warning about int the story "GS warns of 'dead bodies' after market turmoil" that I have posted on my blog. (I am not spamming, simply discussing the current issues of the day). I believe some carry traders want out and will be liquidating all through March...

I have nothing to do with spam or advertising or link exchange or anything like that. I have a blog that is my trading diary and everytime I post something or share an idea, I sometimes like to my blog for more details if you are interested. You do not ever need to visit my blog. The only...

From fundamental point of view i expect yield to rise into the year. Technically also it looks like we are at bottom of channel and prior support that has held before. With the housing issues etc. and if problems in Asia/China continue and Asians start selling their US assets, then rates will...

if you are investing for long term, this could be a good time to buy. but if trading, you could buy here for a short-term swing, but volatility is high and next few days/weeks will be a roller coaster ride up and down http://lauristonletter.blogspot.com/

Could be "V" bottom but we'll come back down again to test these lows soon. the housing/subprime story is not going away quickly. Spring housing will be scrutinized very closely and personally i doubt the news will be good. credit is catching up and unless we get another rate cut, it may be...

this is a bounce that may last a few days, but the next drop will be scary before we either continue higher or drop even lower to Jun-Jul 2006 lows. i doubt we are bouncing from a "V" bottom after such a large 5% drop in a few days, but we'll see http://lauristonletter.blogspot.com/

One could never understand Greenspan when he was in office, suddenly he has amazing clarity! 30% chance. When he was in office he never gave such predictions. All predictions he gave were way off!! Even his "irrational exuberance" speech was made before the Dow rallied something like 200% (maybe...

I don't think GOOG will go down to 85 anytime soon. I think 400 level offers extremely strong support if we get there. I expect some really volatile days in the next month or so like we had in May-July 2007 before the markets decide whether we resume uptrend or plunge for a really scary drop...

if you are just starting, better to go thru a broker. but if you already have been investing and trading for a while, I think you get much better commission fees (very low) by doing it yourself online. nowadays the services are very good unlike 10yrs ago when we used to have the brokers (Etrade...