Stock Trading System

  • Subscribe to our RSS feed.
  • Twitter
  • StumbleUpon
  • Reddit
  • Facebook
  • Digg

Friday, 26 February 2010

Why I Advocate Simplicity for Traders and Investors

Posted on 12:42 by Unknown
If you have read this blog regularly, you probably know that I've been involved in the financial industry for almost 20 years. I've talked about how I've developed financial software for insurance companies, financial firms, and the Chicago Board of Trade. How I spent several years as a full-time trader, and served as a vice-president at a major bank.

My success in developing financial software and rising to vice-president were due to my skill of breaking down "complex" issues into simple solutions - and being able to communicate them to audiences of various technical levels.

This pasion for simplicity and minimalism also served me when I was day trading full time.

In the 1990's, I was glued to screens, phones, and CNBC. I felt like I was running hard just to stay in the game. I felt pressured to leverage my portfolio with futures and options. In short, I worked hard, suffered stress, and failed to meet my performance goals.

Then, I swallowed my ego and admitted that day trading wasn't right for my personality and decided to adopt a KISS (Keep It Short and Simple) approach.

I switched to long term trading, downsized to one technical indicator (constant value formula), and focused on stock and fund selection.

I now "surf" in flow with the market, obey my system, and won't let minor fluctuations trigger fear and greed. I'm no longer stressed and enjoy better results.

I share my journey, thoughts, system, and stock picking ideas in my book Stock Trading Riches.
Read More
Posted in Personal Finance, Stock Trading | No comments

Wednesday, 10 February 2010

Snowstorm AND Earthquake

Posted on 15:12 by Unknown
We had a snow storm last night and we had a 4.3 earthquake at 4 am this morning.

We slept through it and didn't even know there was an earthquake until we heard about it later.

But most of our friends said it woke them up and scared them.
Read More
Posted in | No comments

Tuesday, 9 February 2010

Free Ebook: Capital Gains Tax Tips for Traders and Investors

Posted on 13:00 by Unknown
Stocks, mutual funds, and exchange traded funds (ETFs) bought and sold outside of qualified accounts (i.e. IRAs, 401Ks, etc.) may trigger capital gains taxes.

Many people are more familiar with paying taxes based on w-2's from their regular jobs. The concepts of calculating a cost basis and figuring out capital gains or losses are a bit confusing.

My own father had trouble in this area a couple of years ago. Luckily, the IRS agent was very helpful and patient with him.

I have created a free ebook which provides basic information about capital gains and taxes for traders and investors (with the understanding that I am not a financial planner or accountant - this is just information, not advice).

You can download it from this link http://www.box.net/shared/9did0qmmqz
Read More
Posted in Personal Finance, Stock Trading, Taxes | No comments

Thursday, 4 February 2010

Fw: This is nuts!

Posted on 13:48 by Unknown

This is nuts!  A very big over-reaction:

 

http://www.nydailynews.com/ny_local/education/2010/02/04/2010-02-04_big_trouble_over_this_tiny_toy_mom_fuming_at_a_lack_of_common_sense_as_son_buste.html

 

Read More
Posted in | No comments

Wednesday, 3 February 2010

Sullenberger Flight Simulation

Posted on 09:59 by Unknown
This is cool.  He was the pilot who landed his plane in the Hudson.

http://www.youtube.com/watch_popup?v=tE_5eiYn0D0#t=109
Read More
Posted in Videos | No comments

Tuesday, 2 February 2010

Clothing Drive

Posted on 20:32 by Unknown
An example of viral marketing...

http://link.brightcove.com/services/player/bcpid1125919467?bctid=63259762001
Read More
Posted in Marketing | No comments
Newer Posts Older Posts Home
Subscribe to: Posts (Atom)

Popular Posts

  • Lichello's AIM System
     I previously mentioned how my trading system is build around constant value investing.  Another system that is based on this technique is ...
  • The Stock Trading Riches Message Board on iHub
    I've created a new message board on iHub to discuss and answer questions about my book, the Stock Trading Riches system, trading and in...
  • Don't Underestimate Small Flows of Passive Income
    Monevator is a motivational blog for armchair investors. It has a good article on Why a little passive income from a side project is worth a...
  • The Value of Good Stock Picking and Rebalancing
    On Wednesday, the Chicago Tribune had an article about how gold and silver prices have declined this year. The article included a graph show...
  • Making Technology Work For You: The Best Day-Trading Software On the Market Today
    This is a guest post by Alexis Bonari An average individual making a foray into online stock trading is faced with a bewildering array of o...
  • New 4-Star Review for "Stock Trading Riches" on Amazon.com
    Zen like but no panacea     This book is a wonderful and simply written explaination of the author's technique of trading that you can...
  • Value of A Small Passive Income Stream
    Monevator is a motivational blog for armchair investors. It has a good article on Why a little passive income from a side project is worth a...
  • The Best New York Investment Isn't From Wall Street
    I read an interesting article in the Chicago Tribune that one of the best investments over the last year is not from Wall Street - but the N...
  • Flooding In My Subdivision
    Yesterday, Chicago got more than a month of rain in a day. Here is a picture of the road into my subdivision.  It was flooded by the lake.
  • Kindle Version of "Stock Trading Riches" Free on Amazon This Week
    The Kindle version of "Stock Trading Riches" is free on Amazon all this week (Monday 5/20 - Friday 5/24). Here is the link: http:...

Categories

  • Billionaires
  • Business
  • celebrities
  • crisis
  • Entrepreneurs
  • FHA
  • Financial Crisis
  • Government
  • Hollywood Bollywood
  • Humor
  • internet marketing
  • Law
  • Marketing
  • Passive Income
  • Personal Finance
  • Personal Growth
  • Politics
  • Real Estate
  • renting
  • Stock Trading
  • Taxes
  • Videos

Blog Archive

  • ►  2013 (13)
    • ►  December (1)
    • ►  November (1)
    • ►  August (1)
    • ►  July (1)
    • ►  June (1)
    • ►  May (1)
    • ►  April (4)
    • ►  March (2)
    • ►  February (1)
  • ►  2012 (33)
    • ►  October (1)
    • ►  September (2)
    • ►  August (2)
    • ►  May (1)
    • ►  April (6)
    • ►  March (9)
    • ►  February (9)
    • ►  January (3)
  • ►  2011 (76)
    • ►  December (6)
    • ►  November (9)
    • ►  October (3)
    • ►  September (4)
    • ►  August (6)
    • ►  July (7)
    • ►  June (6)
    • ►  May (9)
    • ►  April (12)
    • ►  March (5)
    • ►  February (2)
    • ►  January (7)
  • ▼  2010 (132)
    • ►  December (15)
    • ►  November (7)
    • ►  October (8)
    • ►  September (14)
    • ►  August (6)
    • ►  July (13)
    • ►  June (19)
    • ►  May (12)
    • ►  April (8)
    • ►  March (12)
    • ▼  February (6)
      • Why I Advocate Simplicity for Traders and Investors
      • Snowstorm AND Earthquake
      • Free Ebook: Capital Gains Tax Tips for Traders and...
      • Fw: This is nuts!
      • Sullenberger Flight Simulation
      • Clothing Drive
    • ►  January (12)
  • ►  2009 (197)
    • ►  December (11)
    • ►  November (7)
    • ►  October (8)
    • ►  September (4)
    • ►  August (12)
    • ►  July (25)
    • ►  June (28)
    • ►  May (24)
    • ►  April (22)
    • ►  March (21)
    • ►  February (14)
    • ►  January (21)
  • ►  2008 (49)
    • ►  December (18)
    • ►  November (4)
    • ►  October (16)
    • ►  September (11)
Powered by Blogger.

About Me

Unknown
View my complete profile