Random Thoughts Of A Trader's Toil

Jean-Baptiste Lully – Marche pour la Ceremonie des Turcs

newtonlinchen — Mon, 31 Oct 2011 00:05:02 +0000

Surviving the markets with Rock-Paper-Scissors

newtonlinchen — Wed, 14 Sep 2011 02:24:30 +0000

I added a few comments on this post: http://www.dailyspeculations.com/wordpress/?p=6708

Beta

newtonlinchen — Wed, 14 Sep 2011 02:21:31 +0000

Enjoy this nice post on Daily Speculations about high and low beta stocks.

http://www.dailyspeculations.com/wordpress/?p=6754

Flute/Trading

newtonlinchen — Sun, 11 Sep 2011 03:45:23 +0000

Every trader’s goal should be trading like this guy plays the flute. Effortlessly.

Hedge Fund

newtonlinchen — Fri, 12 Aug 2011 19:20:05 +0000

16 years waiting for this!

newtonlinchen — Sun, 03 Jul 2011 05:00:16 +0000

It has been 16 years since I first heard this “Kyrie” from Marc-Antoine Charpentier’s Mass, (a friend had the cd). There was no internet available at the time, and I didn’t take note of the name of this Mass.

I tried a few times to find this cd, but the cd dealers didn’t have a clue.

Today I found it’s name, plus a video (youtube).

Hear it and enjoy.

2010 in review

newtonlinchen — Sun, 02 Jan 2011 10:31:09 +0000

The stats helper monkeys at WordPress.com mulled over how this blog did in 2010, and here’s a high level summary of its overall blog health:

The Blog-Health-o-Meter™ reads Wow.

Crunchy numbers

A Boeing 747-400 passenger jet can hold 416 passengers. This blog was viewed about 8,600 times in 2010. That’s about 21 full 747s.

In 2010, there were 50 new posts, growing the total archive of this blog to 238 posts. There were 50 pictures uploaded, taking up a total of 10mb. That’s about 4 pictures per month.

The busiest day of the year was December 16th with 765 views. The most popular post that day was My Trading and Investing Library.

Where did they come from?

The top referring sites in 2010 were twitter.com, dailyspeculations.com, en.wordpress.com, stocktwits.com, and hilotrader.blogspot.com.

Some visitors came searching, mostly for mark cook trader, soros, paul tudor jones, madagascar 2 baby lion, and brazilian saying.

Attractions in 2010

These are the posts and pages that got the most views in 2010.

My Trading and Investing Library December 2010
2 comments

Interview – Mark Cook October 2009
11 comments

“Trader” – A Movie About Paul Tudor Jones July 2009
4 comments

About Me February 2009
2 comments

ORB, GSV & GST – Trading Inherent Price Levels September 2009
9 comments

My Trading and Investing Library

newtonlinchen — Thu, 16 Dec 2010 00:51:21 +0000

7 Habits of a Highly Successful Trader – Mark Crisp
7 Winning Strategies for Trading Forex – Grace Cheng
28 Years In Wall Street – Henry Clews
30 Days to Market Mastery – Jacob Bernstein
101 Investment Tools for Buying Low and Selling High – Jae K. Shim & Jonathan Lansner
101 Option Trading Secrets – Kenneth Trester
A Beginner’s Guide to Short-Term Trading – Toni Turner
A Bull In China – Jim Rogers
A Demon of our Own Design – Markets, Hedge Funds and the Perils of Financial Innovation – Richard Bookstaber
A Trader On Wall Street – Michael Coval
A Trader’s Money Management System – Bennet McDowell
A Mathematician Plays The Stock Market – John Allen Paulos
Absolute Returns – The Risk and Opportunities of Hedge Fund Investing – Alexander Ineichen
Active Alpha – A Portfolio Approach to Selecting and Managing Alternative Investments – Alan Dorsey
Active Value Investing – Making Money In Range-Bound Markets – Vitaly Katsenelson
Advanced Swing Trading – John Crane
Advanced Trading Rules – Emmanuel Acar & Stephen Satchell
Adventures of a Currency Trader – Rob Booker
Alternative Beta Strategies and Hedge Fund Replication – Lars Jaeger
An American Hedge Fund – Timothy Sykes
An Engine, Not a Camera – How Financial Models Shape Markets – Donald MacKenzie
An Interview With Nicholas Darvas – Mark Crisp
Analysis of Financial Time Series – Ruey S. Tsay
Beating The Street – Peter Lynch
Beyond the Random Walk: A Guide to Stock Market Anomalies and Low-Risk Investing – Vijay Singal
Beyond Value at Risk – The New Science of Risk Management – Kevin Dowd
Bollinger on Bollinger Bands – John Bollinger
Building Automated Trading Systems – With An Introduction to Visual C++.Net – Benjaming Van Vliet
Building Winning Trading Systems with TradeStation – George Pruitt and John R. Hill
Buy The Rumor, Sell The Fact – 85 Maxims Of Wall Street & What They Really Mean – Michael Maiello
Campaign Trading – Tactics and Strategies to Exploit the Markets – John Sweeney
Capital Asset Investment – Strategy, Tactics and Tools – Anthony Herbst
Chaos And Order In The Capital Markets – A New View Of Cycles, Prices, And Market Volatility – Edgar Peterst
Computerized Trading – Maximizing Day Trading and Overnight Profits – Mark Jurik
Contrarian Investment Strategies – David Dreman
Contrarian Ripple Trading – Aidan J. McNamara & Martha Brozyna
Country Risk Assessment – A Guide to Global Investment Strategy – Michel Bouchet, Ephraim Clark & Bertrand Groslambert
Create Your Own Hedge Fund – Increase Profits And Reduce Risk With ETF’s and Options – Mark Wolfinger
Credit Derivatives – Risk Management, Trading & Investing – Geoff Chaplin
Credit Risk Modeling Using Excel and VBA – Gunter Löffler & Peter Posch
Cybernetic Analysis for Stocks and Futures – John Ehlers
Day Trade Your Way To Financial Freedom – Sammy Chua
Day Trading Grain Futures – David Bennett
Day Trading With Short Term Price Patterns And Opening Range Breakout – Toby Crabel
Day Trading Systems & Methods – Charles Le Beau & David Lucas
DeMark On Day Trading Options – Thomas R. DeMark
Digital Day Trading – Howard Abell
Dynamic Hedging – Managing Vanilla and Exotic Options – Nassim Nicholas Taleb
Dynamic Trading Indicators – Mark Helweg & David Stendhal
Enhancing Trader Performance – Brett Steenbarger
ETF Strategies and Tactics – Hedge Your Portfolio In A Changing Market – Laurence Rosenberg, Neal Weintraub & Andrew Hyman
Evidence-Based Technical Analysis – David Aronson
Exotic Option Pricing and Advanced Lévy Models – Adreas Kyprianou, Wim Schoutens and Paul Wilmott
Financial Derivatives – Robert Kolb & James Overdahl
Financial Markets in Continuous Time – Rose-Anne Dana & Monique Jeanblanc
Financial Risk Taking – An Introduction to the Psychology of Trading and Behavioural Finance – Mike Elvin
Five Rules For Successful Stock Investing – Pat Dorsey
Float Analysis – Powerful Technical Indicators Using Price and Volume – Steve Woods
For Crying Out Loud – From Open Outcry to the Electronic Screen – Leo Melamed
Forecasting Financial Markets – The Psychology of Successful Investing – Tony Plummer
Forecasting Volatility – Stephen Figlewski
Forex Patterns & Probabilities – Ed Ponsi
Forex Made Easy – 6 Ways to Trade the Dollar – James Dicks
Forex – Tell Me About It! – Easy Forex
Fractal Market Analysis – Applying Chaos Theory to Investment and Economics – Edgar Peters
Getting Started in Bonds – Sharon Wright
Handbook of Hedge Funds – François Lhabitant
Heard On The Street: Quantitative Questions From Wall Street Job Interviews – Tymothy Crack
Hedge Fund Alpha – John Longo
Hedge Fund Masters – Ari Kiev
Hedge Funds Quantitative Insights – François-Serge Lhabitant
Hedge Fund of Funds Investing – An Investor’s Guide – Joseph Nicholas
Hedges on Hedge Funds – James R. Hedges IV
High Probability Trading Setups For The Currency Market – Kathy Lien & Boris Schlossberg
High Probability Trading Strategies – Robert C. Miner
High Probability Trading – Marcel Link
High Frequency Financial Econometrics – Luc Bawens (ed.)
High Frequency Trading – A Practical Guide to Algorithmic Strategies And Trading Systems – Irene Aldridge
Hit and Run Trading – Jeff Cooper
Hot Commodities – Jim Rogers
How I Trade For A Living – Gary Smith
How I Trade And Invest in Stocks and Bonds – Richard D. Wyckoff
How Markets Really Work – Laurence A. Connors
How to Create and Manage a Hedge Fund – Stuart McCrary
How to Make Money in the Futures Market… And Lots of it – Charles Drummond
How to Trade in Stocks – Jesse Livermore
How I Became a Quant – Insights From 25 of Wall Street’s Elite – Richard Lindsey & Barry Schachter
How I made 2 Million Dollars in the Stock Market – Nicholas Darvas
If it’s Raining In Brazil Buy Starbucks – Peter Navard
Inside the House of Money – Top Hedge Fund Traders on Profiting in the Global Markets – Steven Drobny
Inside the Investor’s Brain – The Power of Mind Over Money – Richard L. Peterson
Intermarket Technical Analysis – John Murphy
Intermarket Trading Strategies – Markos Katsanos
Investing in Corporate Bonds and Credit Risk – Frank Hagenstein, Alexander Mertz & Jan Seifert
Investment Fables – Exposing the Myths of “Can’t Miss” Investment Strategies – Aswath Damodaran
Investment Gurus – Peter J. Tanous
Investment Philosophies – Aswath Damodaran
Investment Psychology Explained – Classic Strategies to Beat the Markets – Martin Pring
Investment Strategies of Hedge Funds – Filippo Stefanini
Investors and Markets – William Sharpe
Jesse Livermore – The World Greatest Stock Trader – Richard Smitten
Learn to Day Trade the E-mini S&P 500 – Simple as 123 – Marshall Jones
Liar’s Poker – Michael Lewis
Long-Term Secrets To Short Term Trading – Larry Williams
Margin Trading from A to Z – Michael Curley
Market Response Models – Dominique Hanssens et alli
Mastering the Trade – John Carter
Master the Markets – Tom Williams
Mechanical Trading Systems – Richard Weissman
MESA and Trading Market Cycles – John Ehlers
Millionaire Traders – How Everyday People Are Beating Wall Street at It’s Own Game – Kathy Lien & Boris Schlossberg
Money Management Strategies for Futures Traders – Nauzer Balsara
Money Management Strategies for Serious Traders – David Stendhal
Monte Carlo Methods In Finance – Peter Jäckel
Mutual Funds For Dummies – Eric Tyson
My Life As a Quant – Emanuel Derman
Nerds on Wall Street – Math, Machines and Wired Markets – David Leinweber
On Swing Trading – Dave Landry
One Good Trade – Mike Bellafiore
One Shot – One Kill Trading – John Netto
Optimal Portfolio Modeling – Philip McDonnel
Options Trading: The Hidden Reality – Charles Cottle
Option Pricing Models & Volatility Using Excel-VBA – Fabrice Douglas Rouah & Gregory Vainberg
Options, Futures and Other Derivative Securities – John Hull
Pairs Trading – Quantitative Methods and Analysis – Ganapathy Vidyamurthy
Pattern Recognition and Trading Decisions – Chris Satchwell
Paul Wilmott on Quantitative Finance – Paul Wilmott
Pit Bull Lessons from Wall Street’s Champion Day Trader – Martin “Buzzy” Schwartz
Practical Speculation – Victor Niederhoffer & Laurel Kenner
Pricing, Hedging and Trading Financial Instruments – Carol Alexander
Quantitative Trading – How To Build Your Own Algorithmic Trading Business – Ernest Chan
Reminiscences of a Stock Operator – Edwin Lefèvre
Rocket Science for Traders – John Ehlers
Rocking Wall Street – John Mauldin
Seasonal Stock Market Trends – Jay Kaeppel
Secrets of the Trading Pros – H.Jack Bouroudjian
Selective Forex Trading – Don Snellgrove
Short-Term Trading With Price Patterns – Michael Harris
Small Stocks for Big Profits – George Angell
Smarter Trading – Perry J. Kaufman
Sniper Trading Workbook – George Angell
Soros – The Unauthorized Biography – Robert Slater
Speculator King – Jesse Livermore
Stock Market Rules – Michael Sheimo
Stock Market Strategies That Work – Jake Bernstein & Elliot Bernstein
Stock Patterns for Day Trading and Swing Trading – Barry Rudd
Stock Trader’s Almanac – Yale Hirsch
Street Smarts – High Probability Short Term Trading Strategies – Laurence Connors & Linda Bradford Raschke
Street Smart Guide to Valuing a Stock – Gary Gray et alli
Swift Trader – Perfecting the Art of Day Trading – Charles Kim
Systems Trading for Spread Betting – Gary Ford
Techniques of Tape Reading – Vadym Graifer & Christopher Schumacher
The Art of The Trade – What I Learned (and Lost) Trading the Chicago Futures Markets – Jason Alan Jankovsky
The Art of Trading – Bennett McDowell
The City – A Guide to London’s Global Financial Centre – Richard Robert
The Complete Guide to Day Trading – Markus Heitkoetter
The Complete Guide to Futures Trading – Refco Private Client Group
The Complete Guide to Point-and-Figure Charting – Heinrich Weber & Kermit Zieg
The Daily Trading Coach – Brett Steenbarger
The Day Trader’s Bible – Richard Wyckoff
The Day Trader’s Course – Lewis Borsellino
The Day Trader’s Survival Guide – Christopher Farrell
The Definitive Guide of Futures Trading, Vols I e II – Larry Williams
The Economics of Financial Markets – R. E. Bailey
The Edge – Maximum Profit/Minimum Risk Glogal Trend Trading Strategies – Mark Boucher
The Education of a Speculator – Victor Niederhoffer
The Encyclopedia of Trading Strategies – Jeffrey Katz & Donna McCormick
The Essentials of Trading – John Forman
The Evaluation and Optimization of Trading Strategies – Robert Pardo
The Financial Spread Betting Handbook – Makolm Pryor
The Forex Trading Course – Abe Cofnas
The Fundamental Index – Robert Arnott et alli
The Fundamentals of Hedge Fund Management – Daniel Strachman
The Future of Investing in Europe’s Markets After MiFID – Chris Skinner
The Haller Theory of Stock Market Trends – Gilbert Haller
The Handbook of Alternative Investments – Darrell Jobman
The Handbook of Portfolio Mathematics – Ralph Vince
The Handbook of Pairs Trading – Douglas Ehrman
The Handbook of Financial Instruments – Frank Fabozzi
The Index Trading Course – George Fontanills & Tom Gentile
The Leverage Space Trading Model – Ralph Vince
The Logical Trader – Applying a Method to the Madness – Mark Fisher
The Market Is Always Right – Thomas McCafferty
The Market Masters – Kirk Kazanjian
The Marktes Never Sleep – Thomas Busby
The Master Swing Trader – Alan Farley
The Mathematics of Money Management – Ralph Vince
The Nasdaq’s Trader Toolkit – M. Rogan LaBier
The New Market Wizards – Jack Schwager
The New Science of Technical Analysis – Tomas DeMark
The Options Course – George Fontanills
The Options Course Workbook – George Fontanills
The Partnership – The Making Of Goldman Sachs – Charles Ellis
The Power of Oscillator/Cycle Combinations – Walter Bressert
The Profit Magic of Stock Transaction Timing – J.M.Hurst
The Right Stock At The Right Time – Larry Williams
The Science of Financial Market Trading – Don K. Mak
The Secret of Economic Indicators – Bernard Baumohl
The Secrets of the COT Report – Trade Stocks & Commodities With The Insiders – Larry Williams
The Secret Science of Price and Volume – Timothy Ord
The Secrets To: Emotion Free Trading – Larry Levin
The Sociology of Financial Markets – Karin Knorr Cetina & Alex Preda
The Stock Trader – Tony Oz
The Subtle Trap of Trading – Brian McAboy
The Swing Trader’s Bible – Matthew McCall & Mark Whistler
The Three Skills of Top Trading – Hank Pruden
The Tipster – Edwin Lefèvre
The Trading Game – Ryan Jones
The Triumph of Contrarian Investing – Ned Davis
The Truth About Day Trading Stocks – Josh DiPietro
The UK Trader’s Bible – Dominic Connoly
The Ultimate Step-By-Step Guide to Day Trading Penny Stocks – Jason Brook
The Ultimate Trading Guide – John Hill, et alli
The Undeclared Secrets that Drive the Stock Market – Tom Williams
The Volatility Course Workbook – George Fontanills & Tom Gentile
The Way to Trade – John Piper
The Winner’s Circle – Wall Street’s Best Mutual Fund Managers – R.J.Shook
Time Compression Trading – Jason Alan Jankovsky
Timing the Market – Deborah Weir
Timing Techniques for Commodity Futures Markets
TNT Gorilla Trading Stuff – Joe Ross & Mark Cherlin
Tom Dorsey’s Trading Tips – Thomas Dorsey
Topic in Market Microstructure – Ilija Zovko
Trade Chart Patterns Like The Pros – Suri Duddella
Trade Like a Hedge Fund – James Altucher
Trade Like Jesse Livermore – Richard Smitten
Trade Like Warren Buffet – James Altucher
Trading Regime Analysis – Murray Gunn
Trade What You See – Larry Pesavento & Leslie Jouflas
Trade Your Way To Wealth – Bill Kraft
Trade the Trader – Quint Tatro
Trader Vic – Methods of a Wall Street Master – Victor Sperandeo
The Four Biggest Mistakes in Futures Trading – Jay Kaeppel
Trading Against The Crowd – John Summa
Trading Catalysts – Robert Webb
Trading for a Living – Alexander Elder
Trading for Dummies – Michael Griffis & Lita Epstein
Trading for Tigers – Walter Downs
Trading From Your Gut – Curtis Faith
Trading Futures – Thomas Schneider
Trading in the Zone – Mark Douglas
Trading on Expectations – Brendan Moynihan
Trading on Momentum – Ken Wolf
Trading Rules That Work – Jason Alan Jankovsky
Trading Strategies Using Computing Simulation – Larry Sanders
Trading Systems and Methods – Perry Kaufman
Trading the 10 O’clock Bulls – Geoff Bysshe
Trading the US Markets – Paolo Pezzutti
Trading to Win – Thomas Busby
Trading Without Gambling – Marcel Link
Turn Losing Forex Trades into Winners – Gerald Greene
Understanding the Markets – David Loader
Understanding Gaps – Scott Andrews
Understanding Hedged Scale Trading – Thomas McCafferty
Undue Influence – How the Wall Street Elite Puts the Financial System at Risk – Charles Geisst
Using Economic Indicators to Improve Investment Analysis – Evelina Tainer
Value-at-Risk Models – Carol Alexander
Value-at-Risk The New Benchmark for Managing Financial Risk – Phillipe Jorion
Value in Time – Better Trading Through Effective Volume – Pascal Willain
Volatility and Correlation – Riccardo Rebonato
Wall Street Stories – Edwin Lefèvre
Warrior Trading – Clifford Bennett
When Genius Failed – The Rise and Fall of Long-Term Capital Management – Roger Lowenstein
Winning the Loser’s Game – Timeless Strategies for Successful Investing – Charles Ellis
Winning the Mental Game on Wall Street – John Magee
Winning the Trading Game – Noble Draknoln
Winning With Options – Michael Thomsett
Winning With Futues – Michael Thomsett
Winning With Stocks – Michael Thomsett
World Event Trading – Andrew Busch
Yield Curve Dynamics – Ronald Ryan

Reading

newtonlinchen — Fri, 29 Oct 2010 04:43:42 +0000

I’m reading now “One Good Trade”, by Mike Bellafiore, head partner at SMB Capital (ok, you all know him!).

This is a book that every trader must have in his shelf. (Along with “Long-Term Secrets To Short Term Trading, by Larry Williams, and “The Education Of A Speculator”, by Niederhoffer).

This book was missing in the trading literature, as it gives you a very good knowledge about the Proprietary Trading world.

Also, Bella has an unique way of sharing his thoughts, even when it means to give away a trading edge…

This book will make you a better trader! No doubt about that. (I’m in the middle of it and I’m already thinking again about things I thought I had already figured out…)

By the way, take a closer look in the chapter 2 – A Good Trade, chapter 5 – Why Traders Fail, chaper 6 – Live to Play Another Day, chapter 7- Stocks In Play, chapter 8 – Reading The Tape, and chapter 9 – Maximizing Your Profits With Scoring. These are must reads. Several times.

Hello

newtonlinchen — Fri, 29 Oct 2010 04:34:09 +0000

Wow.

I was out of touch in the last couple of months, immersed in my own trading and reading. It took something very, very special to make me write here again.

Today I talked to a man, a very accomplished trader and businessman, (to say the least, as he is the owner of a major trading operation, truly international), and I was touched by his will to share knowledge – and to talk to an overseas guy like me.

Thank you! Our talk was very important to me, and it’s making me think differently about many things.

One of them: to share more. (I thought I shared “enough” in this blog, but I’m no match for this guy). The more you share, the more the Universe fills your hands with enormous gifts.

Thanks again!