Apple Stock (AAPL) Buy or Sell?

In this Youtube video I answer the question if you should still be long Apple stock or exit. We go through a simple trend following concept when trading. You want to purchase the strongest stocks if you can risk less than 1% of your account size. The same works in reverse if you want to […]

Drunk Senior Broker at PVM Oil Futures Traded $520 million & Didn’t Remember

Throughout the night of June 30, 2009 Steve Perkins in the UK a senior broker for PVM Oil traded $520 million while he was drunk. On the morning of the 30th, an admin clerk asked Perkins why he had bought 7 million barrels of crude during the night. Perkins had no recollection of the transactions, […]

A Chinese City Going Bankrupt Like the USA?

YUP…move over Camden NJ or cities in California. A major Chinese city financial situation is precarious. Guangdong (Dongguan) shows is very close to Hong Kong and has a population of nearly 10 million. Doungguan has long been considered Guangdong’s boomtown and one of China’s richest cities. If you remember one of my earlier posts there […]

The Stock Market Has Given up Nearly all of its Post QE Gains!

So the market had a nice day yesterday. The fact is that the the market has given up nearly all of its post-QE gains.This is not the greatest sign for trend followers or traders.The markets keep going nowhere! Seems this time the Fed’s magic isn’t working and could be a sign of potential market top. […]

Worlds Safest Global Banks

A buddy of mine forwarded the list of the Worlds Safest Global Banks…

Something to consider in these times

1. KfW – (Germany)

2. Bank Nederlandse Gemeenten (BNG) – (Netherlands)

3. Zürcher Kantonalbank- (Switzerland)

4. Landwirtschaftliche Rentenbank- (Germany)

5. Landeskreditbank Baden-Württemberg – Förderbank (L-Bank) – (Germany)

6. Caisse des Dépôts et Consignations (CDC) – (France)


Japanese Teachers Fund to Start REIT and Hedge Fund Investments

There was an article in Bloomberg that I thought was sadly humorous. There is a Japan Teachers Fund and they will be starting to invest in REITs and Hedge Fund Investments. The Japan’s Teachers’ Mutual Aid Co-operative Society has about 600 billion yen ($7.6 billion) to invest. According to Bloomberg, the 47-year-old organization is adopting […]

Why Traders & Trend Followers Hold Losing Positions

One of the main keys of successful trend following is to keep your losers small. To the contrary many traders and striving trend followers hold onto their losing positions. This is one of the surest ways to lose money and eventually stop trend following. Small losses can morph into large losses which effect both the […]

These Markets are Tough for Trend Followers

I had a colleague mention this to me yesterday. He told me the markets have been tough for Trend Followers. I asked him when were they not tough for Trend Followers. They are always tough. When trend following you always have losing trades…you have more trades that do not work than do work…you go through […]

If You Want to Succeed in Trading for Living & Trend Folloiwng you Need A Business Plan

I had a nice conversation with a young man in Chicago who purchased the home study course. We spoke about his trading and his one comment really stuck me. In order to succeed :” You need a business plan”. I have said this for ever and I was very happy to hear an aspiring trading […]

Example of Compounding of Money Over the Decades From the CTA EXPO Mark J Walsh Company

If I told you a story( a real story) of a company that started in 1985 with lets say if you invested $100,000 would you believe that same $100,000 is worth in excess of $15 million dollars?

The story is of Mark J Walsh Company. However it was not an easy ride to compound $100,000 […]