Published in March 9th, 2010
BarroMetrics Views: Reminiscences of a Stock Operator
One of the first books I read was Edwin Lefrevre’s ‘Reminiscences of a Stock Operator’; it is still one of my most thumbed books. Every 18 months or so, I re-read it and always seem to find some nugget of information I had previously overlooked.
Now Wiley Press has come […]
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Published in March 5th, 2010
March 5, 2010 at 10:29 pm (Uncategorized)
http://www.ndtv.com/news/videos/video_player.php?id=1206792
Ray Barros, CEO of Ray Barros Trading Group, said, “Sensex is in the middle of a trading range from 15500 to 17750 and Nifty may top out at around 5300 level. I see limited upside in crude futures.
Idkit aka Ana
Ag Moderator
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Published in March 5th, 2010
BarroMetric Views: The Danger to the US Economy
I was was watching a couple of the Fed Presidents on CNBC. It seems to me that unless the US Fed Reserve is very careful, the very thing they are most afraid of will come to pass. Their comments indicated that they are dismissing the risk of high […]
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Published in February 24th, 2010
BarroMetrics Reviews: Reasonable Expectations II
Let’s turn now to the nub of Gary’s question: should his goal be a big or small one?
Gary, my view is if I am a trading newbie i.e. someone who has not made money over three more or less consistent years, then I’d focus on:
completing and learning from my micro account […]
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Published in February 23rd, 2010
BarroMetrics Reviews: Reasonable Expectations
Gary asked:
“Since I have gone about 10 sessions with positive expectancy I believe I have the bones of a working strategy and am naturally eager to get off the simulator……
On the simulator I was making 500.00 a week. Some think that because of the ‘emotion’ of live trading that I should have […]
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Published in February 22nd, 2010
BarroMetrics Views: Trading Competitions
Jeff Moodie asked:
I find it very interesting that the range from first to third was so large. It makes the FX trading look awfully tough.
I wonder what the total stat chart looked like, if over 90% lost money in the game for instance.
———-
Jeff, in this case, I believe that only the first […]
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Published in February 15th, 2010
I am taking off Monday Feb 15 - it’s Chinese New Year in my part of the world; and President’s Day in the USA.
We ought to see a quiet day in the markets.
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Published in February 11th, 2010
BarroMetrics Views: Trading Competitions
Once before I took part in a trading competition, the FXFutures.com. On that occasion, I played the role of position-sizing manager for A Wang. Trading in a competition is very different from trading for a living. The strategy is to gain maximum return (at least 50% and you’ll probably need around 200% […]
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Published in February 10th, 2010
BarroMetrics Views: Capitalism to Blame for Sub-Prime? II
In yesterday’s blog, I considered how good intentions can have unintended consequences when they come in the form of a social agenda and are enforced by law. The US attempt at providing an universal health system paid for the taxpayer seems to me to be another such ‘good […]
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Published in February 9th, 2010
BarroMetrics Views: Capitalism to Blame for Sub-Prime?
If a Government inflates its money supply, at some point, the piper will be paid in the form of a burst bubble. But, the shape the bubble will take, has it roots in the environment in which it occurs. For example, why sub-prime and not a tulip bubble?
In ‘Architects […]
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