Blog Category: stocks

Ok. I have a confession. Not quite like a confession. More like an adjustment. I’m only saying this because it’s Financial Fridays. But I’ve mislead a little. That’s all. I’ve written that people should not trade stocks. People should not daytrade. People should stay out of the markets. I believe this. But I also don’t […]

Shit, I’m about to break all the rules of selling and marketing but I don’t care. People need to stop being fooled. It has to end. I write every day. I publish something here and on my email list maybe 5-6 times a week. These emails are very important to me and they are about […]

At Barnes & Noble at Union Square a cop approached me, “Sir?” right after I walked in. When a cop approaches you so many things go through your mind. The guy clearly had a gun. Somehow I was in trouble. I touched a book. Maybe he thought I would steal it. It brought back memories […]

I hate that the news stream is filled with news about Osama. Probably it will be all day. Such memories of helplessness it brings back for everyone. I was four blocks from the World Trade Center, standing on the corner of Reade and Church at 8:45am. Dan asked me, is Air Force One coming to […]

I’m really bullish on stocks and the economy but I don’t think most people should waste their money investing in stocks. You might as well flush it down the toilet. Or throw a big party. We already went over that. And please don’t buy a home. Just relax a little bit if you have some extra money. […]

Everyone wants to be a daytrader. Let me tell you the best days. You get in at 9:25am. You make the trade your system tells you to make at 9:30. And by 9:45, the trade is done, profitable, and you’re done for the day: $1800 richer and happy about it. Even better are those stories […]

I traded for Victor Niederhoffer for about a year starting in 2003. I was up slightly more than 100% for him, primarily trading futures using a quantitative approach. During that period I had one down month: June 2003. Victor was a top trader for George Soros before starting his own fund in the ’90s and […]