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    We have to address this issue. Paying off your home or not. So much foolishness

    You are correct with your statement above however you have it wrong in practice. You should finance your house with a monthly variable rate based on libor. Rates are approximately 2% today. The savings you gain in interest payments can be redirected towards principal thus paying down your...
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    Fixed versus ARM mortgage

    You are a product of the banking industry and screaming exactly what they want you too. First they ask how much can you afford each month and then they sell you a fixed rate for 30 years. However when you look at the amoritazation tables you discover you are paying off the interest for the...
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    Weinstein Trading and Fading

    Robert. Your best skill is documenting your trainwreck journey on trying to become a successful trader. Don't stop writing. It really does make for a fascinating read. If I were you I would make or save a copy of this thread and also create a blog to refer people to. This way you could sell...
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    Bright Slashes Rates for 2010.

    Traders are a paranoid group by nature don. This thread is killing me. The idea of some huge conspiracy and quabbling over fractions of a penny is rediculous. Keep up the good work and opportunities to traders that can benefit and make money inside the framework you provide.
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    Weinstein Trading and Fading

    We're all rooting for you Robert, but watching you consistently lose is killing us because your decisions/triggers are so wrong. Take a second look at SNDK and you will see it was a breakout opening gapping above the previous days high and clearly breaking the downward trend line from the...
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    Pair Trading Strategy Journal

    KEOPS, your correct about the correlation not always being negative. In the short term you will see correlation moves up and down the ladder converging and diverging. This is why I look at a longer time frame to smooths things out. The one year correlation is negative and that is a more...
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    Pair Trading Strategy Journal

    Quick comment about this trade Keops. The correlation of these two symbols for a 1 year period is negative .6ish. And given they are both treasuries and pay monthly dividends, shorting one is a losing battle because you are out of pocket each month when dividends are due. As you know, if...
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    Pair Trading Strategy Journal

    Why haven't you been trading Keops? And why can't you trde equities?
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    Bright Slashes Rates for 2010.

    This sounds better and more clear than how you originally described it. But if Bob is willing to risk 10k on a trader, why do you even require an initial account? Why not just recruit traders and let them open accounts with a 50/50 split without an initial deposit and be more rigid on share...
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    Bright Slashes Rates for 2010.

    Your joint venture club sounds like an investment opportunity... Trader puts up capital and bob bright overseas the automated trading and then profits are split 50/50. And then you say no downside risk? What if the JVC loses money and a partner wants his money back? Are you going to refund...
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    Weinstein Trading and Fading

    In theory, we trade to make money, but so often a trader gets addicted to finding the wholly grale or solving the markets puzzle that the goal of making money actually gets lost. The ups and downs of making and losing 10 grand a day becomes meaningless. The addiction takes over, you're up to...
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    Weinstein Trading and Fading

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    Weinstein Trading and Fading

    Just out of curiousity Robert. You have spent a lot of time working on your strategy and trying to perfect your trading...however after reviewing your posts, I see you are only up about 15k ytd and given the capital you are using to trade, your returns are terrible and underperforming the...
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    Weinstein Trading and Fading

    I have to agree.... Robert your losses are too big and they are wiping you out. You obviously have a large amount of capital to trade with but listen to this carefully. You are overworking it, underperforming the markets returns, and doing your family an injustice by trading like this. I...
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    30 Yr US-TBond ETFs, Long & Short

    tlt is the best one which you identified. It is a fund however of 20+ year maturities. However it marks up well against the other broad market ETFs in that it has negative correlations. I trade the SPY against the tlt but never short the tlt. Instead I allocate my funds. I am always...
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    VG - Vonage

    Interesting trading been happenig with VG. Chart indicates a bull falg pattern developing. Been basing nicely with some big intraday pops. Earnings come out this wednesday. Company seems to be making a turn fundamentally. Also a few new products released this past quarter. Stock...
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    Art Cashin on the dollar

    art cashin needs a vacation. he has been so paranoid throughout this rally it kills me. he may some day be right...but as of late he has been way off.
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    Pair Trading Strategy Journal

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    Pair Trading Strategy Journal

    All depends on what you want for profits and how long you want to hold. Use a shorter time frame like 13 day means to swing trade pairs within a week or two. Use intraday spreads for quick scalps, use 200 day means to capture bigger profits, but your holding period will be longer. All carry...
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    Pair Trading Strategy Journal

    The reason I do not short the TLT is because first it is negatively correlated to the asset classes thus by its very nature it provides the hedge. Second the TLT pays out its dividend monthly. If you were short, you would have to pay the dividend versus collecting it. You get paid to hold it...
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