Trading on Thin Ice
Learning to trade from scratch.
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A Deep Breath Before The Plunge
Im ready. Thats the best way to put it. I feel ready. For the past two months, my instincts have been fairly good, but I was too uneasy, too hesitant, too scared to really take a dive and follow through on them. If I had followed my inclinations, I would be doing very well. The fear was too much tho ...
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Post Seminar Thoughts
Ive just come back from a seminar given by Worldspreads, the spread betting company that I use. It was a most informative and interesting evening. One half of the talk was given by Alpesh Patel, in which the usual Mind, Money Management and Method were discussed. The other half was given by Brian O ...
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Once more unto the breach! Well almost.
For the past several weeks, I have been asking myself, Should I return? At times it has been more insistent, such as around the time of my last post but since then it has waned a little again. It is certainly a less frenzied question now than it was then. My desire and interest to re-enter the marke ...
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Hesitation Sickness
I feel like Ive just woken from a blissful sleep, after a long and crazy party, to find myself with the mother of all hangovers and destruction and disaster everywhere I look. Back when I started taking my little nap, I was very interested in both Crude Oil and Gold. In fact I was on the verge of op ...
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links for 2007-10-05
Wheat Falls on Expectation High Prices Will Spur More Planting - Bloomberg.com (tags: toti_links Bloomberg trading commodities wheat) Gold Rises in N.Y. as Dollar Ends Three-Day Rally; Silver Gains - Bloomberg.com (tags: toti_links Bloomberg trading commodities gold silver) Oil Rises Above $81 ...
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Frantic Day at Work = Little Time for Commodities
A hectic day at work meant that I didnt get a chance to check up on much today. I scanned a few articles during my lunch break but really I was too busy to be thinking of anything under than what I needed to get done in my job. Truth be told, I was exhausted by the end of the day and Im heading to ...
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links for 2007-10-04
Soybean Complex Market Recap for 10/3/2007 (tags: toti_links CBOT trading commodities soybeans) Wheat Market Recap Report for 10/3/2007 (tags: toti_links CBOT trading commodities wheat) Gold Falls as Dollar Rebounds Against Euro; Silver Climbs - Bloomberg.com Gold dropped for the second day in a ...
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Time-Out
Today was a needed break. Not from the markets as a whole, but really from having an open position. For the first time since I started this whole adventure back in June, this was the first time that I didnt have an open position and also most importantly in soybeans! I needed that. It was time I too ...
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links for 2007-10-03
Soybean Complex Market Recap for 10/2/2007 (tags: toti_links CBOT trading commodities soybeans) Commodities Prices Slump As Dollar Rises - Forbes.com Commodities prices slumped Tuesday as the U.S. dollar muscled its way higher against the euro and other currencies, making everything from oil to wh ...
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Stopped out of Soybeans
I was expecting Soybeans to close lower today, but nowhere near limit down. The market touched limit down during the session and just before that I was stopped out. The overbought nature of the market and the pressure of harvesting were finally able to push the price down with the strengthening of t ...
Trading on Thin Ice