Category Archives: Risk

Ramsey’s Year-End Review

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Note from Tim: our own Davis Ramsey was kind enough to compose this breakdown of his trading performance. I’d say he’s got Gartman beat!

Conducting a thorough year end review of your trading results is of the utmost importance. While regular monthly reviews are good snapshots and can keep you on the right track, looking back over a full year can show you some important big picture mistakes or successes that you might otherwise overlook.

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A Fool and His Money

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Greetings from the Knight household, as each member of my beloved family is doing their own thing. Me? I’m composing you a post for absolutely no charge. I’m a helluva guy, aren’t I? Let’s begin our story.

About a week ago, I got a series of tweets from a fellow whom I don’t know and have never heard about. He wanted me to know about a big bet he was making………..

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Simple Advice

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Welcome to November, Slopers!

It wasn’t that long ago that every day, like clockwork, the market would rally for the last half of the day (if not more). I would frequently bemoan this, and folks both here and on Twitter would say something along the lines of, “Well, ya idiot, take advantage of it!” But I never did.

Good thing, too, because this “sure thing” has become a “sure loser” almost every single time. ZeroHedge put together a graph showing (in circles) the end-of-day action, and in almost all cases, it’s down (there are a tiny number, not circled, that are up). It just goes to show that the “easy” answers aren’t always the right ones.

Daring to Be a Bear This Week (Trade Walkthrough)

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I’m making an adjustment to my posts from now on where instead of simply speculating about future market direction, I’m going to offer a trade idea and plan.  (insert customary disclaimer, educational purposes only, blah blah, I can’t make you buy or sell, use the plan at your own risk, etc. etc.)  So let’s get to it.

The Context: As some of us are painfully aware, the S&P500 has been making higher lows and lower highs since the low of September 12th resulting in a triangle-like pattern.

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Lighten Up, Francis

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I’m in no mood to be a hero against Janet “anti-Christ” Yellen this week, so I’ve lightened up considerably, having gone from 70 positions to a mere 45 and a 150% commitment (vis a vis my buying power) to 100%. I want the little three-foot beast to get out of the way before I try to do anything cute with the market. I’m laying relatively low until Wednesday blows over.