lessons Archive

  • Bear markets are very dangerous.  No matter what side of a trade you take, you can lose money.  Even if you yourself are a bear, chances are you will lose...

    In Bear Markets, Everyone Loses Money

    Bear markets are very dangerous.  No matter what side of a trade you take, you can lose money.  Even if you yourself are a bear, chances are you will lose...

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  • I went short the market last Wednesday.  I did it by my normal method; I bought the Exchange Traded Fund SDS.  I bought this ETF when the market turned negative...

    How Trading Can Drive You to Maddness

    I went short the market last Wednesday.  I did it by my normal method; I bought the Exchange Traded Fund SDS.  I bought this ETF when the market turned negative...

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  • I did something stupid today, I broke my own rules. I’ve been, rather successfully, playing the volatility in the market.  I have avoided playing the long side since it is...

    Breaking My Own Rules

    I did something stupid today, I broke my own rules. I’ve been, rather successfully, playing the volatility in the market.  I have avoided playing the long side since it is...

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  • I guess I just don’t learn. I took two short term positions in the market, and I got burned on both.  The financial play is a complete disaster for me. ...

    Two Days, Two lessons

    I guess I just don’t learn. I took two short term positions in the market, and I got burned on both.  The financial play is a complete disaster for me. ...

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  • This is why you don’t do short term trades.  I woke up early this morning to check my long positions to find out that what was going on.  But what...

    Oops

    This is why you don’t do short term trades.  I woke up early this morning to check my long positions to find out that what was going on.  But what...

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  • I was having lunch with a former colleague from Microsoft. She was telling me how she was reading the book Rich Man Poor Dad and thought of me as she...

    Work – Learn Not Earn

    I was having lunch with a former colleague from Microsoft. She was telling me how she was reading the book Rich Man Poor Dad and thought of me as she...

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  • I KNEW we had a housing bubble. On another blog, I called the top of the market in October of 2005. I was dead on in California. I was tempted...

    Wall Street is SLOW

    I KNEW we had a housing bubble. On another blog, I called the top of the market in October of 2005. I was dead on in California. I was tempted...

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  • Wow, what a ride. I honestly didn’t think I would be in and out of this stock so quickly, but that’s what happens when you play in the small cap...

    Sold Jamba

    Wow, what a ride. I honestly didn’t think I would be in and out of this stock so quickly, but that’s what happens when you play in the small cap...

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  • Every once in a while, I’ll talk about something I learned along the way that has helped me build a pretty sizable nest egg at a relatively young age. So...

    Building Wealth – Secret #1

    Every once in a while, I’ll talk about something I learned along the way that has helped me build a pretty sizable nest egg at a relatively young age. So...

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  • So one of the things I was thinking about doing was to buy some shares of E*Trade. I actually own shares in my regular portfolio, and have been getting KILLED...

    Missed Opportunity – E*Trade

    So one of the things I was thinking about doing was to buy some shares of E*Trade. I actually own shares in my regular portfolio, and have been getting KILLED...

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