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Commentary on Trading Post and the Online Trading Industry

May 14 2008

Trading Failures Lead to ...

For those of us who have experienced losing trades, diminishing equity in our accounts, there are a range of emotions we all go through.

One of the emotions I felt early on was that I could make it back.

I just came across a story on the newswire of a man in Austria who killed five members of his family, including his 7-year-old daughter because, as the news article puts it, "He said he'd been speculating on the financial markets and had lost everything, so he ... wanted to spare his family the shame."

Whatever emotions we go through when trading, I know that some of it can be unexpected. Feelings we've never felt before. Whether it's winning or losing big.

This just reminded me of the sad reality that extreme human emotion can cause. And it's a reminder because we seem to hear these types of stories all too often nowadays.

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May 14 2008

Bollinger Bands

There isn't anymore descriptive or clever titles, really.

A couple of days ago, Kevin, one of our Online Training Rooms subscribers sent in a piece of feedback that requested some topic specific sessions, and one of them was Bollinger Bands. We're working on that.

Today, and I have no idea how I came across this site, but I landed on Bollingerbands.com, run by John Bollinger. Not a very technical website, and the video below would be far better if the talking head cut out to chart screenshots every once in a while, but I thought it was interesting.

Not really anything too substantive, but I do wish more folks did things like this, with less of the talking head. I can hear you, I just don't really want to see you ... is something that pops into my head as I watch this and similar talking head videos.

I just want to see some action!

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07/23/2008 02:48 PM
*Just to cosign what Sam said, *Marius Alexe*'s presentation on Elliott Wave yesterday wa s very informative and a [...]


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