Disqus - Latest Comments for TheFinancialNinja

Re: I Think I'm Back: Baby Ninja and Work

TheFinancialNinja — Tue, 03 Nov 2009 09:23:46 -0000

Thanks all for the kind words on the baby.

Re: I Think I'm Back: Baby Ninja and Work

TheFinancialNinja — Tue, 03 Nov 2009 09:23:04 -0000

Congrats! Sorry about leaving that last post up forever. It just sort of happened. I should have done a post explaining I might be gone for a while.

Re: Passing Thru the Eye of the Storm

TheFinancialNinja — Tue, 03 Nov 2009 09:21:18 -0000

Thanks. Its been hectic. I'm just happy to have everything all sorted out now that things look set to get interesting again in the markets...

Re: Passing Thru the Eye of the Storm

TheFinancialNinja — Tue, 03 Nov 2009 09:20:21 -0000

I'm thinking soon. Already the regional banks have broken out and down. I'd watch IYR and trade SRS off it.

Re: SLV – Never Again

TheFinancialNinja — Wed, 11 Mar 2009 15:00:09 -0000

Mole,

I trade ZB, ZN and ZF... traded Eurodollar as well (GE) before LIBOR killed that game.
I'm big on ES, NQ and FDAX (Dax) and FESX (Eurostoxx).

Email me anytime and I'll swap you my ninja trading tricks for some of your evil schemes.

Re: http://slopeofhope.com/2009/03/09/a_perfect_evening.htm

TheFinancialNinja — Mon, 09 Mar 2009 16:20:11 -0000

Tim,

You guys already covered ES, ZB, ZN... but FESX (Eurostoxx - Thicker and slower than ES and almost as much fun). For those of you looking for a bigger thrill FDAX (DAX - Moves faster and further than ES).

Futures aren't as scary as they're made out to be. Just watch your 'size'.

I prefer futures, then the various ETFs... and I only find myself in individual stocks on special occassions.

Re: Ominous Thought

TheFinancialNinja — Tue, 03 Mar 2009 12:34:42 -0000

I'm angry... but not enough other people are.

Perhaps when the cable finally gets cut...
Or the fridge won't keep the beer cold no more...

Until then, the sheeple will just sit, whine and wait.

An entire nation on its knees, perhaps mortally wounded, and there still is more complacency than rage. Sad really.

Re: http://slopeofhope.com/2009/02/11/watching_exxon.htm

TheFinancialNinja — Thu, 12 Feb 2009 09:30:17 -0000

From yesterday: XOM looks set to break down... being the largest component of the S&P500 with a weight of 5.86% means the broader market doesn't stand a chance... http://benbittrolff.blogspo...

Re: http://slopeofhope.com/2009/01/08/wave_5.htm

TheFinancialNinja — Thu, 08 Jan 2009 10:21:09 -0000

Tim Knight, you gonna party tonight?

TD Ameritrade to Acquire ThinkorSwim: $606 million (http://finance.yahoo.com/ne...

Re: http://slopeofhope.com/2008/12/11/forthcoming_feature.htm

TheFinancialNinja — Thu, 11 Dec 2008 13:01:52 -0000

Hehe... Pirates don't even stand a chance.

Re: http://slopeofhope.com/2008/12/11/forthcoming_feature.htm

TheFinancialNinja — Thu, 11 Dec 2008 12:04:16 -0000

Yeah. Looks like Think or Swim doesn't have API support. Meh. That can be fixed easy enough.

I use a proprietary platform. Email me for more info.

Re: http://slopeofhope.com/2008/12/11/forthcoming_feature.htm

TheFinancialNinja — Thu, 11 Dec 2008 11:43:24 -0000

Imagine you could put in the retracement levels... and then have your trades execute on these levels with very specific, totally customizable, seamlessly integrated conditions? Imagine you could say, if it hits this level I'd like for you to automatically start scaling in within this range. I'd also like for you to manage my stops and profit targets in a dynamic fashion, where you can set 'complex' stops and profit orders based on volume, volatility or any other variables you choose. Imagine you could do all these on an intuitive, drag and drop beautiful IU? Imagine as well you could intervene manually and 'take back control' of the trade in a completely seamless fashion?

Would that interest anybody? Cuz thats how this Ninja trades...

Re: http://slopeofhope.com/2008/10/some_favorite_aggies.htm

TheFinancialNinja — Mon, 20 Oct 2008 08:50:49 -0000

I'm long my favourite ags as well: AGU, MOS, MOT, POT.

I'm just looking for a nice bounce as the forced selling from the hedgies dries up.

Re: http://slopeofhope.com/2008/10/look_familiar.htm

TheFinancialNinja — Wed, 15 Oct 2008 09:28:13 -0000

We almost exclusively trade futures in our office here. I personally prefer futures over options for pure directional plays because of the liquidity, low costs, leverage and easy access. I'm never worried about sudden giant gaps because GLOBEX is almost always open (especially when it matters).

I don't have to worry about messy prices... For example, right now with volatility at nose bleed levels you can actually get caught in some terribly priced options. You get the direction right, but your timing is off by a bit or the rate of change isn't great enough to overcome a sudden collapse in vega.

Slinging around a 1 lot in ES for example should work even for small accounts.

Re: http://slopeofhope.com/2008/10/i_am_buying_now.htm

TheFinancialNinja — Mon, 06 Oct 2008 11:18:45 -0000

Buying as well. Indices and individual stocks. But no financials. I like the stuff where the hedgies were forced sellers. (AGU, MON, MOS, POT and AAPL, BIDU, GOOG, RIMM).

Hearing rumors of a co-ordinated GLOBAL rate cut. Either way they'll do something to inspire some kind of pop.

Make sure you don't overdose though... just incase we slide a bit more.

Re: Intra-Day Update: Rock & Roll

TheFinancialNinja — Mon, 06 Oct 2008 11:05:14 -0000

Heads up. I'm hearing rumors of a co-ordinated GLOBAL rate cut... If not today, then soon.

Pick up some of your favourite longs.

This could be one hell of a bounce... but a bounce is all it will be.

Re: http://slopeofhope.com/2008/10/plunge.htm

TheFinancialNinja — Mon, 06 Oct 2008 10:56:26 -0000

I'm sniffing around for longs right now. Indices and individual stocks. No financials though.

I'm hearing a lot of rumors of a co-ordinated GLOBAL simultaneous a rate cut of as much as 100 basis points is being considered.

Re: http://slopeofhope.com/2008/10/reversing_energy_and_gold.htm

TheFinancialNinja — Thu, 02 Oct 2008 11:56:05 -0000

I've got a post that should make just about everybody get really angry...

Hint: A New York Times article from 1999 that predicts Fannie Mae will have to get bailed out eventually... and predicts something worse than the S&L crisis.

In 1999! They knew then and did it anyways...

Re: A Personal Note to the FED...

TheFinancialNinja — Mon, 29 Sep 2008 21:17:42 -0000

Hehe. I would love to play "WAR" with Hank and Ben. Or Risk.

Hell. I wanna play high stakes poker with these clowns. No re-buys though... dirty bastards.

Re: http://slopeofhope.com/2008/09/taking_profits_on_index_puts.htm

TheFinancialNinja — Mon, 29 Sep 2008 16:08:59 -0000

Same. I've covered all Index shorts (I use futures). Reduced by 50% all my commodity shorts (I use Ultra Inverse ETFs for these).

You never know what the donkeys in Washington will try next...

Re: http://slopeofhope.com/2008/09/ultimo_hombre.htm

TheFinancialNinja — Sun, 28 Sep 2008 18:36:37 -0000

Yeah, I hit short after we failed at Fridays highs (1220.50 or so) on ES DEC08 (futures contract for the S&P 500).

Price has found support around 1212.50 right now. No buying frenzy. No selling frenzy. Nothing much at all actually.

This bailout isn't exactly inspiring the last few Bulltards... maybe it's because Bradford & Bingley and Fortis all "did their asses" over the weekend...

Re: http://slopeofhope.com/2008/09/done_deal.htm

TheFinancialNinja — Sun, 28 Sep 2008 17:41:11 -0000

Thanks fuzzy.

Re: http://slopeofhope.com/2008/09/done_deal.htm

TheFinancialNinja — Sun, 28 Sep 2008 14:54:10 -0000

On my blog. www.thefinancialninja.com
Heading to the office to gear up for the Asian open.

Re: http://slopeofhope.com/2008/09/done_deal.htm

TheFinancialNinja — Sun, 28 Sep 2008 12:06:21 -0000

Agreed. I went into the weekend short equity futures. (Can't short those pesky stocks outright. Bastards.)

Nothing too heavy... but then again I'm going to be trading the open of the Asian session and will slap down any bids I see...

Out of 42 systematic banking crises across 37 countries, despite the implementation of a wide range of policies, all resulted in the re-allocation of wealth AWAY from taxpayers and towards debtors (banks). None avoided recessions and all recessions were SEVERE.

I got that info from an 80 page white paper on banking crises. Hat tip to Rebecca Wilder at News N Economics for bringing it to my attention.

Re: Crazy Days!!

TheFinancialNinja — Fri, 26 Sep 2008 19:06:47 -0000

The market can stay irrational longer than you can stay solvent...

Hehe...