Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

The Tome

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As I mentioned earlier, I am putting together the biggest book I’ve ever written before. In fact……..it’s TOO big. My publisher refuses to take anything over 480 pages, and at 540 pages, well, I’ve got some cutting to do. I look forward to letting everyone know when it’s ready.

However, there is something I’d like to get a small handful of you to do for me, which is to proofread the book. I want to make this as unappealing as possible, since I only want to send out a few, but here’s what I need: some folks that are willing to:

  • read the entire book from cover to cover;
  • use a colored ball point pen (like red or something easy to spot) to mark any errors;
  • go through the entire book in no more than a week’s time
  • mail the marked-up book back to me.

If you’ve got time on your hands and want to do this, please drop me an email with your shipping address. Like I said, I only need a few people, so if I get too many, I will send you a polite refusal. Thank you!

Stop-Setting

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A reader sent me an email which asked: “I have a question about stops…once before you mentioned that you limit your losses to think 1-5% using stops. How do you decide whether its 1%, 2% or 5% etc? And can I assume that some of your losses are very small numbers like $150 and some are thousands of dollars?

As I’ve tried to say before, I avoid responding 1-on-1 to just about anything, so I told the gentleman I’d write up a post about this topic. So here are a few points, in no particular order, about how I set stop-loss levels: (more…)

Straight Up

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Earlier today, I saw something on ZeroHedge which would have made me fall out of my chair if it weren’t for the fact that I use a standing desk:

Groan. The thing is, he was extremely specific about his trade: he was short S&P futures, with a stop-loss price of 2741. I guess I don’t need to tell you what happened next.

The only good news is that we’re a hair’s breadth away from 2741 at this point.

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