Trader’s Narrative

I’m back!
I’ve been busy with other projects and life this last month. Boy I missed blogging. I’m really looking forward to continuing the blog and revisiting some of the previous posts.

I was the first trading blog to talk about Victor Niederhoffer’s demise. Many lambasted me for “rumor mongering”. The “rumors” turned to be true. Vic did in fact blow up. As with most spectacular blow ups on Wall Street, he will continue to trade but on a much smaller scale. Who knows? He might even make a comeback and go for a three-peat.

I’ll follow up on MitoPharm’s spectacular swan dive off a cliff. I did my best to warn people but as Lord Overstone said, “No warning can save a people determined to grow suddenly rich.”

As well Agloco deserves some more thrashing since they have come out with a hilarious payment schedule. And of course, I’ll also write more market related commentary where more than a few plates of crow are on the menu.

But I did mention, and I hope you listened, to “Sell Something!” when the S&P 500 was around 1520. Since then the indices moved slightly higher (1560) but for the most part chopped and are now lower (1460).

Calling the intermediate market top as well as repeated calls for a bottom in mid August and early September, are rare feats. I doubt I can keep this up. But it will be fun to try.

Blog Maintenance
As you might have noticed, I removed Google Adsense and will be monetizing using more unobtrusive methods. I’ve also tidied up the place a bit and will probably spruce up the theme and upgrade to the newest Wordpress version in a short while. So bear with me if things get a bit wonky.

As a regular reader of Darren Rowse’s ProBlogger it would be an understatement to say that I’ve learned much from Darren’s blog. So imagine my surprise and delight to find out in the nick of time that the b5 media team was holding a ‘meet-up’ just a few blocks away from me!

The Irish Embassy

Darren and his trusty SLR

Thanks to b5 media for being a great host! It was fun and interesting to talk to so many new bloggers

Was that you sulking around saying that there isn’t a vblog for traders? I guess you don’t know about The Trade Show. But then again, it is brand spanking new.

The host may not be as chirpy (nor remotely as sexy) as Amanda was at RocketBoom. But who knows… this vblog might turn out to be both fun and educational. It is just getting started so there is only the inaugural clip.

I’m not terribly impressed with the first clip but I’m sure in the next few installments they’ll find their sea legs.

If you look above, you’ll notice that I’ve created a new section called Best Of. This new section will contain the best content from the regular posts and save them from being lost in the obscurity of the archives - for the most part they will be “evergreen” content, as opposed to the more time sensitive regular blog entries.

The first one is: My Year-End Strategy. In it I explain my particular take on the January effect and how I use it to make money at the end of each year. I include a detailed explanation and 9 examples (charts with entries and exits).

Here’s one of them:

Keep an eye on the ‘Best Of’ section in the future as more will be coming soon.