Archive for August, 2009
August In Review – Perceptions & Expectations
August was a relatively quiet month which I am thankful for. It gave me a chance to get back into trading regularly again. Nothing makes me a happier puppy than to be in front of my coms, watching charts, reading up on the latest economic bullshit that the analysts and economists dish out, catching up [...]
Why I Teach What I Teach – Part 2 of 3
Another letter in the mail today … same old story but this time, it’s all about Risk Management and Financial Management, or rather, the lack of it;
Hi Mr. Alvin Lim,
I know it’s fun and great to become a successful full-time trader. I am currently trading part-time. Trading at about $100 per trade, I usually do [...]
Some Say Bubble, Some Say Trouble
On the back of this morning’s Straits Times,
ST17Aug
So many patterns from the 1929 U.S. Stock Market Crash that led into the Great Depression are repeating themselves in today’s market (again) and the one most common pattern that seems to go unnoticed is the behavior of the man in the street. They were nonchalant back then [...]
Some Say Bubble, Some Say Boom.
GDP numbers improving, earnings better than feared, bullish forward guidance, market rallying, unemployment slowing down, manufacturing improving, consumer sentiment picking up, housing holding steady and oil not getting any higher.
On the other hand …
Employment in the private sector is falling, overall hiring gets less, dollar remains weak, market keeps getting more and more overbought while [...]
August 2009 Preview
The one and only sickening thing about being a trader who teaches is that when the demand for the teacher gets hot, the trader has little time to trade. I have paid a hefty price for taking my eye off the ball during a period when there were so many opportunities to grab. During the months of [...]
