http://2dopeboyz.com/2008/07/26/ludacris-politics-obama-is-here/
very funny.
Wednesday, July 30, 2008
Monday, May 12, 2008
human porcupine
is it weird that i just got a splinter in my finger while playing with my beard? is it weird that the first thing i did was write a blog post about it?
Friday, May 9, 2008
Thursday, May 8, 2008
you are now free to move about the country
priming the fuel pump, lock tumblers turning, tear down that wall, i see the light, land ho! or maybe ding.
don't get your hopes up because the land may be a mirage, in which case mutiny would ensue and that's never good. or maybe the sailor in the crow's nest has ridiculously good eyes and the land is still a million miles away, in which case mutiny still might ensue unless the boat picks up speed. or maybe the sailor in the crow's nest is an idiot and is looking at the moon, in which case that sailor would be thrown overboard allowing a tiny bit more time before mutiny would ensue. in any case, there is a good possibility we should know if mutiny will ensue after a few more days time.
i like ding best. i'll tell you later.
don't get your hopes up because the land may be a mirage, in which case mutiny would ensue and that's never good. or maybe the sailor in the crow's nest has ridiculously good eyes and the land is still a million miles away, in which case mutiny still might ensue unless the boat picks up speed. or maybe the sailor in the crow's nest is an idiot and is looking at the moon, in which case that sailor would be thrown overboard allowing a tiny bit more time before mutiny would ensue. in any case, there is a good possibility we should know if mutiny will ensue after a few more days time.
i like ding best. i'll tell you later.
Monday, April 7, 2008
elitetrader journal
as a supplement to this blog i started a journal here at the trading site elitetrader. when my account transfer from scottrade to thinkorswim completes i'll be back up and running and hopefully use both of these to detail my trades. i think it will be helpful to review my action at the end of each trading day.
maybe i'll stick most trading talk on the journal and free up the blog for other things.
maybe i'll stick most trading talk on the journal and free up the blog for other things.
Wednesday, April 2, 2008
first steps towards organizization
i'm putting off development of a complete trading plan until i finish "high probability trading," but i know what some important parts of the initial phase will be. figured i'd jot them down while i'm thinking about it.
--i'll be moving my focus to trading (scalping) mainly e-mini s&p 500 futures contracts
--from now until i reach and can maintain a higher capital level (maybe $50,000) while regularly making withdrawals for living expenses i will only trade one (1) contract at a time in order to limit my risk and potential losses.
--as a further means of limiting losses i will always (ALWAYS) use stops at a maximum of ten points, but preferably five if conditions allow.
--contracts will not be held overnight until i reach a higher level of market proficiency.
--i will review my plan weekly (or more) to ensure my adherence to it, and review it with more diligence as profitability becomes a reality so as to avoid becoming lax due to success's arrogance.
from here i will refine and add more; hopefully keeping it concise enough to read quickly yet thorough enough to keep me in check.
i've not been sleeping and also feeling some sort of sick lately, thus i haven't been doing much of anything. hopefully this garbage goes away soon because it's driving me nuts.
--i'll be moving my focus to trading (scalping) mainly e-mini s&p 500 futures contracts
--from now until i reach and can maintain a higher capital level (maybe $50,000) while regularly making withdrawals for living expenses i will only trade one (1) contract at a time in order to limit my risk and potential losses.
--as a further means of limiting losses i will always (ALWAYS) use stops at a maximum of ten points, but preferably five if conditions allow.
--contracts will not be held overnight until i reach a higher level of market proficiency.
--i will review my plan weekly (or more) to ensure my adherence to it, and review it with more diligence as profitability becomes a reality so as to avoid becoming lax due to success's arrogance.
from here i will refine and add more; hopefully keeping it concise enough to read quickly yet thorough enough to keep me in check.
i've not been sleeping and also feeling some sort of sick lately, thus i haven't been doing much of anything. hopefully this garbage goes away soon because it's driving me nuts.
Monday, March 31, 2008
moving towards the mini
i'm probably staying out of the market this week. i'm staying off the video games as well. i tried to stay off coffee today but i started a small batch of cold brew last night and it was too tempting to pass up a test of it. i stored most of it and there was just enough left in the press pot for one cup so i had to have one. it's so much better than regular brew from our coffee pot. damn thing has been burning the heck out of the coffee lately.
couldn't sleep to save my life last night so i stayed in bed till about 11:00 hoping for at least a couple hours, but i didn't get it. i'm dragging but i don't want to nap in case i can't sleep again tonight. so today is a tough day because i'd like to use the down time to read, study, and continue working on organization, but i can't think clearly enough to be effective in any of those things. i'm gonna give reading a try but we'll see how useful it is. i have to finish this book before i develop my trading plan because i want to approach the plan from a partially informed perspective, and i think there are probably some good tips on planning in it that i'd like to incorporate.
i opened an account with thinkorswim and have been testing the trading platform for a few weeks. it comes highly reviewed all over the internet, and so far it seems like a solid platform, i just don't like the charting capabilities. anyway, i'm thinking of switching out of scottrade because i need more tools than scottrade offers. lately i'm skeptical of the equities markets so i'm thinking about taking up trading the futures market. i'll most likely start with the e-minis and move into the agriculture or metals markets when i feel more comfortable. it appears easier and safer as long as one doesn't overtrade or trade beyond his capital level. part of my trading plan will be to limit individual positions to a small percentage of my account. something like 2-5% if it's feasible. from what i've initally read it's possible to trade futures with a lot less capital than the equities market requires, and the big plus is there's no pattern day trader rule. no need to worry about restricting my account for being under a minimum equity requirement.
hopefully i can use this week to get recombobulated and jump back in to trading asap. it's strange that i feel so scared to put my money out there now because i haven't even messed up all that badly. i was analyzing my performance since i started trading full time and i've at least beaten all the major indices. not that they've provided a great benchmark as they're all down by a couple percent, but to me it's a morale booster. my first six months in the market weren't a catastrophe and i guess that's all any new trader can hope for.
couldn't sleep to save my life last night so i stayed in bed till about 11:00 hoping for at least a couple hours, but i didn't get it. i'm dragging but i don't want to nap in case i can't sleep again tonight. so today is a tough day because i'd like to use the down time to read, study, and continue working on organization, but i can't think clearly enough to be effective in any of those things. i'm gonna give reading a try but we'll see how useful it is. i have to finish this book before i develop my trading plan because i want to approach the plan from a partially informed perspective, and i think there are probably some good tips on planning in it that i'd like to incorporate.
i opened an account with thinkorswim and have been testing the trading platform for a few weeks. it comes highly reviewed all over the internet, and so far it seems like a solid platform, i just don't like the charting capabilities. anyway, i'm thinking of switching out of scottrade because i need more tools than scottrade offers. lately i'm skeptical of the equities markets so i'm thinking about taking up trading the futures market. i'll most likely start with the e-minis and move into the agriculture or metals markets when i feel more comfortable. it appears easier and safer as long as one doesn't overtrade or trade beyond his capital level. part of my trading plan will be to limit individual positions to a small percentage of my account. something like 2-5% if it's feasible. from what i've initally read it's possible to trade futures with a lot less capital than the equities market requires, and the big plus is there's no pattern day trader rule. no need to worry about restricting my account for being under a minimum equity requirement.
hopefully i can use this week to get recombobulated and jump back in to trading asap. it's strange that i feel so scared to put my money out there now because i haven't even messed up all that badly. i was analyzing my performance since i started trading full time and i've at least beaten all the major indices. not that they've provided a great benchmark as they're all down by a couple percent, but to me it's a morale booster. my first six months in the market weren't a catastrophe and i guess that's all any new trader can hope for.
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