Been out for a long time
Thursday, August 26th, 2010I Could not update this blog for the last couple of months. My schedule was really off-balance with trip to India, sickness, work load and finally an attempt to write a book of my own.
Worse, I have realized that I have completely forgotten what I learnt in 2009 
Fortunately I found this site recently http://www.khanacademy.org/ and hopefully I can quickly come up to speed.
So finally I am back on the blog. Spent one hour to recover username and password I will be posting a couple of book reviwes till I get used to blogging again.
Now back to control panel, backups and wordpress upgrade to the latest version.
Stochastic Oscillator – revision
Saturday, September 19th, 2009I have made some imporant additions to my note on Fundamentals of Technicals – Stochastic Oscillator
Advice that goes straight to your heart
Wednesday, August 26th, 2009
I lost some significant amount of money in leveraged ETF and took an oath never ever to touch these stocks again.
However, I do keep on visiting FAZ/FAS forums for a laugh. It amuses me to no end to see new suckers sucking on to leveraged ETF ever day. Every day there is another deluded person smoking pot and coming up with an explanation of why stocks are going to crash tomorrow.
However, this time I noticed a different post. It is the same advice that you read in the books but this time it went straight to my heart. Rather than writing a lengthy post, I am reproducing the message over below. The emphasis in the text is mine.
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I cant reconcile what ive done by messing with leveraged etfs.Ive lost almost every dime i made this year in last 2 weeks.70k im very confused and not fit to trade anymore.I have a house worth 220,000 and about 100k in tdameritrade.Im 48 years old and im giving it up because NOBODY MAKES IT IN THE MARKET…….I HAVE NEVER MET A MILLIONARE WHO MADE IT IN STOCKS, 90% MADE IT IN REAL ESTATE….I will miss this alot but when the market is rigged, you cant and you wont win.It took me probably 20 trades to make 80k, but it only took me 2 trades to lose it all……Some may laugh, but i made it longer than anybody i know personally.All my friends were blown out of the market very quickly.Be careful,and godbless you…………best advise, dont short, dont buy ipos,no leveraged etfs, be patient and not force the action, you dont have to be in the market every day!Wait for your entry point ……….. peace, love to all…. goodbye
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