LATEST BLOGS

QANTAS Rip Off Rant

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Here is a little QAN story. I no longer fly QAN after they damaged one of my cars at valet parking and that when I told them about this their response was to say I was a liar and that I had actually damaged the car and was simply trying to get them to pay…

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Dow

A bit of commentary has been filtering through the gooogle box about how the market looks like this or that and how it should now do such and such. Most preeminent in this chatter is that the Dow seems to have a block at about 13,300 and because the market has not instantly gone to…

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Neil Armstrong

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Like most of my generation (or at lest those who were paying attention) I remember when Neil Armstrong walked on the moon. Sitting on the floor at at school clustered around a black and white tv we watched a barely discernible image of a man stepping onto another world. In a time when people simply…

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Depressing Stat Of The Day

The chart below is a measure of  the rate of compliance among patients taking medication that I got from an online lecture on nutrition. The full lecture can be found here. To put this into perspective consider what is involved in taking medication – it rarely involves anything more than setting aside 20 seconds a…

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Did You Know

That according to this video I can make 90% on my trades several times a day. So to be conservative if I do it 5 times a day for a full trading week of 5 days and my starting capital is $100,000 by the end of the week I will have $930,764,956.88 (assuming I compound…

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Dow Jones-UBS Commodity Indexes

I regularly get a series of commodity index updates from Dow Jones – I originally started to get these when ETF trackers for commodities began to come online. From my perspective the interesting thing is the notion of time frames that they apply – as you can see from the data below all indices have…

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Even Wizards Have Off Days

I bought my first copy of Market Wizards almost 20 years ago and it remains not only the most read book in my trading library but also the most useful. In my early days I used to be an avid reader of trading books but most would get the once over and then get dumped…

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Its Friday

And you will need something to watch on the weekend. Best action film I have seen in a decade and as someone with an interest in Kali – it is good to see its cousin art Silat getting a run.  

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Weekend Reading

Things on the tablet for the weekend. Timing is everything: Brain scans reveal the secret of Bruce Lee’s one-inch punch Karate Black Belts’ White Matter Shows How a Powerful Punch Comes from the Brain Kudo to David B from the mentor program for these two Ding Dong, Daily Deals Are Dead ‘Beam Us Up, Mr.…

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Knightmare On Wall Street

Last week I wrote about the implosion of Knight Capital a market maker whose minor software glitch managed to almost implode the firm. Nanex a firm that deal in supply data and analysing market movements have produced the following little video that tracks one of their screens during the Knight meltdown. It starts a little…

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