Here is a reprint article on one person’s report on the rules of successful wealthy traders: 1. They plan every single trade. EVERY SINGLE ONE. Every trader I’ve talked with that makes money consistently knows the following about every single trade they take before they even begin entering a limit order into their trading platform: [...]
Enjoy the Dollar Rally While it Lasts. Any trader will tell you the trend is your friend, and the overwhelming direction for the US dollar for the last 220 years has been down. Our first Treasury Secretary, Alexander Hamilton, found himself constantly embroiled in sex scandals.
The following article is a Guest Contribution from The Mad Hedge Fund Trader It is time to revisit buying gold against the euro, which I have been dabbling in for the last 15 months (click here for my initial call). This involved buying gold and then going short an equal dollar amount of Euros against [...]
The following article is a Guest Contribution from The Mad Hedge Fund Trader Welcome Back to Earth. Thank you! Thank you, Mr. Market, for finally coming to your senses. It’s about time that you kicked your ecstasy habit and quit listening to lemmings for your financial advice and started paying attention to those suspicious, odiferous [...]
The following article is a Guest Contribution from The Mad Hedge Fund Trader When I boarded my plane in San Francisco on Thursday morning, May 6, the Dow was down an uncomfortable, but tolerable 150 points. When I arrived in New York that night I was greeted with headlines screaming “CRASH: DOW PLUNGES 1,000.” I [...]
The following is a Guest Contribution from The Mad Hedge Fund Trader: I’m hearing from my buddies in Japan that while things are already quite bad in that enchanting country, they are about to get a whole lot worse, and that it is time to start scaling into a major short in the yen. Australia [...]
The following is a Guest contribution of Richard Bibb, Chief Investment Officer at AIMhedge 2009 was the worst year for thirty years for CTAs with most recording their worst ever performance. This article examines the reasons behind the poor performance and where the industry goes from here. We then move on to consider the evolution [...]
The following is a Guest Contribution of The Mad Hedge Fund Trader: Nouriel Roubini
(…)But keep an itchy trigger finger on your mouse, because when the turn comes, there will be no place to hide. And make sure you increasingly add downside protection in the form of cheap puts, or some simple stop losses as we grind our way up towards our appointment with destiny. Also be sure to beat the rush by booking long vacations at that house in the Hamptons, the lakefront property at Tahoe, or the mega yacht in the Mediterranean, early.
Courtesy of The Mad Hedge Fund Trader 1) A dramatic decline in the unemployment rate enables the Democrats to increase the number of seats in the House and the Senate in the November midterm elections. Obama’s popularity soars. 2) A “Goldilocks” economy of huge corporate profits with no inflation gives the stock market boom another [...]
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