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Saturday, April 4, 2009
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Blog Archive
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2009
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April
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- The Art Of Trading Alerts Service Success Story
- Setup: SCHN
- Hurry Hurry!! I Need To Buy Something!! I Don't Wa...
- Remember Those Charts??!!
- Russell Small Cap Index Update
- GMXR Setup Update
- Long Term VIX Chart
- Small Caps Ready To Move
- TLT Continues To Breakdown
- Setup: GMXR
- Weekly SKF Chart Update
- Gut Feeling
- Transports Breaking Down
- Buying Weakness On Monday
- Reversal Time
- Right Up Against Resistance
- Read This Amazing Article And Check Out The FAZ Ca...
- Double Tops Morphs Into A Bullish Consolidation
- VIX
- The Bull That Will Not Die
- BINGO!! Topping Action Update
- Double TOPS In Play
- World's Most Infamous Rising Wedge
- Nasdaq Distribution Day
- XBD Wedge: Doing It's Job
- What Is This Chart Trying To Tell Us?
- A Very Popular Pattern
- YOU MUST READ THIS!
- Trades Closed/Taken This Week
- FEED Again
- BKX Breaking Out
- Setups
- At Cross Roads
- BreakOut Updates
- Importance Of Money Management
- GERN breakout
- Very Fragile
- BreakOut Likely Coming
- Topping Patterns
- Goldman Sachs Earnings Reaction
- Case Study For Rallies In Secular Bear Markets
- The Queen Of Doom: Not So Gloomy
- You Be The Judge
- Trades Taken This Week
- Have An Open Mind
- UPDATE ON THE MENTORSHIP PROGRAM
- VIX Trying To Break Support
- Bear Markets Of The Past 50 Years
- Possible Head and Shoulder Top
- NAMO and Nasdaq
- LONELY FEELING....
- Mini Me Bear Flag
- Watch These Setups: Ready To Move
- My Second Trader Interview With Tim Bourquin
- Saturday Night Thoughts
- Trades Taken This Week In The Alerts Service
- 22 Year Chart Of The SPX Paints The Real Picture
- Breakouts
- Oh Boy: Bear Flags But Check Out In Which Stocks
- Falling Wedge Updates
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April
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Cool Traders/Sites
- ART OF TRADING Premium Site
- Charting Trends blog
- Denarii
- Finance Trends bog
- It's Gold
- Keep Unread Blog
- LaserTrader
- momentum trader
- My Trader Interview
- Mystic Stocks
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- Rant About It Blog
- stock rook goes pro
- Stock Virtual
- StockPursuit.com
- The Market Guardian
- thecrosshairstrader
- Todds Trade
- trader market blog
- Trader9999 blog
- Trading Momentum blog
- Trading With Average Jay
- Wall Street Warrior
4 comments:
Stewie, sorry to ask this question but in your interview you seem to think a drawdown in your trading is inevitable due to your performance last year. That doesn't make one feel good in taking your email trades. Did i misunderstand your answers and attitude?
Carl
hi carl: i don't think you understood what i was trying to express to Tim Bourquin.
I told him the reason why i was taking its easy in 2009 is because based on what i am seeing in 2009(a bottoming formation of some type) if i kept trading the same way as i did in 2008, which meant large sized overnight short trades which was a big chunk of my winnings, that i'd more than likely lose what i made in 2008. What i was trying to tell him is the reason why most traders fail, is because they fail to adapt to a new market and a new environment. You see tons of bull markets traders wash out in a bear and vice versa. As a trader our main job is to quickly recognize and adapt to constantly newly changing environments. Also, what many traders fail to understand is in trading, EVERY trader goes thru periods of PAYOUT and PAYBACK cycles(read Bo yoder's Otimizing your trading edge). I believe from the bottom of my heart that the key to winning in trading is by managing these Payout and payback cycles. That's what i was trying to explain. Thus far, the people who have joined the email service seem to be very satisfied. Hope this answers your very good question.
Stewie,
Nice interview. I thought the bit about you wearing assless leather chaps to trade each day due to superstition odd, but to each his own I guess.
Keep it going.
-DT
LOL! awesome!
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