Recent content by Npard23

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    Alibaba IPO

    The money was made on this during the Pre-IPO phase, I think it has a high potential of flopping like Facebook did before gaining steam.
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    Best Economics Websites/Forums

    I'll check it out. Seems like a potentially interesting forum .
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    Best forex charts out there today

    I agree with USD/JPY on long side. Breakout close above 105 along with structural problems of Japanese economy make this a favorable trade. Easily can see 120-150 yen in 3-6 months, and 200+ in one year. Japan has no way it can may its debts and keep JGB yields low enough to avoid bankruptcy...
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    metals will prevail

    Silver testing $19, gold testing $1250, and platinum testing $1400 weekly support and no economic stability is priced into markets whatsoever. I'm leaning towards buying, but need to wait for reverse in technical momentum to confirm.
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    Backing available for systematic traders

    I have a solid strategy with medium time frame (30 to 90 days average hold period), that has high risk adjusted returns. PM me if interested.
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    How many of use Alexander Elder's Force Index

    Some options and futures traders I know use this as a momentum indicator in lieu of MAC-D or stochastics. Was wondering if anyone on the forum has experience with it? I personally have other technical indicators, but I only use technicals for entry points of stocks, indices, and futures I...
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    TOTW What's the dumbest trade mistake you ever made?

    My worst trade holding short positions on S&P, Russell and CAC 40 without stops for four months in 2012. Lead to a 14% portfolio drawdown before a 21% rally to close the year slightly positive. Fixing risk management was key to turnaround.
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    ECB imposes negative interest rates

    This won't solve any of Europe's economic problems. Europe is in decline due to social decay and a fundamental lack of competitiveness. The EU chose social harmony and equality over growth and are paying the price with a stagnant society. It will take a radical shift in European nation's...
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    Daily Stock List

    Longs to Look At: EPOL, V, BIDU, TYL Shorts: EWI, EWQ, ANGI
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    Short Term Top

    Short term who knows, but long term a topping pattern is setting up.
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    Singapore traders trading US Markets?

    I lived in Singapore in 2012, and traded both US and Asian stocks, Fortunately in California, Asian markets trade at reasonable hours.
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    Molycorp (MCP)

    Molycorp looks like a good binary. With current losses in a high potential industry, company will either go bust or double in share price from depressed levels. I think geopolitical realities lean towards the company staying alive.
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    Essentials Of 'Risk & Money Management'

    Great thread. I plan on adding some of these resources to my research list. Another good resource for risk management is Dr. Alexander Elder's book, Come into My Trading Room. It helped me a lot with properly sizing risk and positions.
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    Best way to trade the Dow Jones?

    Dow is only 30 stocks and price weighted. If you are trading based on macro fundamentals, the S&P 500 is a better instrument because its more comprehensive. For volatility and movement the Russell 2000 is the best index trade amongst US stocks.
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