Disqus - Latest Comments for darin

Re: Good News, Bad News

darin — Tue, 25 May 2010 20:36:10 -0000

I tried that in Google Reader but it just shows everyone's posts

Re: Good News, Bad News

darin — Tue, 25 May 2010 20:09:12 -0000

Is there anyway to get the RSS of just Tim's posts?

Re: Did Porn Cause the Financial Crisis? - Business - The Atlantic

darin — Fri, 23 Apr 2010 12:39:08 -0000

Yeah Daniel, porn-surfing SEC employees caused a housing bubble which started years earlier.

Re: Did Porn Cause the Financial Crisis? - Business - The Atlantic

darin — Fri, 23 Apr 2010 11:49:25 -0000

Yes Daniel, porn caused the financial crisis. The fact that SEC officials were watching porn was the sole reason for the housing bubble (even though it started years earlier) and the large mortgages given to people who couldn't pay them back.

Re: VIX Update: Implied Volatility On Volatility (10/17)

darin — Sun, 18 Oct 2009 02:49:13 -0000

By definition black swans are unpredictable. And Taleb's thesis is basically we can't do things like predict what the black swan will be.

Re: David Tice Interview: US Dollar Index Going Below 65, Market Going To 400

darin — Sun, 11 Oct 2009 23:38:30 -0000

Who knows what will happen but this guy was saying there wasn't capitulation yet on March 4 and was calling for 500 then.
http://www.youtube.com/watc...

And his performance as a manager seems to be easily replicated with SDS
http://chart.ly/3k8nqn

Re: Nassim Taleb Interview in 2001, Fooled By Randomness

darin — Sun, 05 Jul 2009 16:08:47 -0000

How did this guy get a show? That was like torture

Re: Strategy? (think Nike instead)

darin — Thu, 04 Jun 2009 20:45:25 -0000

I think you might enjoy this video. It's a slightly different take on the same issue
http://www.zefrank.com/thes...

Re: Embracing the ‘Dinosaur’ Within

darin — Sun, 03 May 2009 20:47:14 -0000

I'm surprised how few college kids seem to get twitter. Everyone I talk to seems to believe it's all about constantly telling everyone what you're doing. Most people don't understand the potential of it. People seem to get facebook because they know what they are supposed to do with it.

Re: Emotion in trading must be killed

darin — Wed, 25 Mar 2009 19:00:37 -0000

Callousness to losing/risk is a great way to describe it. Getting emotion and becoming obsessed with every move in your P/L is a surefire way to lose.

It's different for everyone, but I think in order to get there you need to trade an appropriate size, have developed your own style of trading that you are comfortable and confident with, and have experience.

Re: http://slopeofhope.com/2009/03/22/does_a_bear_short_in_the_woods.htm

darin — Sun, 22 Mar 2009 22:15:05 -0000

Looks like a very happy bear

Re: http://slopeofhope.com/2009/03/19/deep_dive_on_the_sp_500.htm

darin — Thu, 19 Mar 2009 21:13:33 -0000

I'm not sure why, but the picture of the hulk on the chart is hilarious

Re: http://slopeofhope.com/2009/03/14/annual_barrons_brokerage_review.htm

darin — Sat, 14 Mar 2009 12:22:23 -0000

I've haven't posted much here, but I've been following for about a year and I think this requires a post.
First of all I don't understand the mentality that blogs are bad for trading. Trading blogs just give viewpoints about the world. The same way CNBC does, the same the newspaper does, etc.. It seems like a crazy idea to just shut off all outside information. If someone can't incorporate outside information and opinions into their trading, that's more a flaw with their psychology and trading methodology. Not with blogs.

Secondly I'm surprised how negative people are being. It's like they expect Tim to run a trading service where they just follow his ideas and make money by doing nothing. I can't believe that people just try to follow trades blindly and are mad if they lose money. If someone says "Buy FAZ" I'm not just going to go run out and do it. It's an opinion. You weigh the claims of that viewpoint against others and you see what ways it might fit into your trading. Following blindly causes people to lose. Remember how many hedge funds bought YHOO just because Carl Icahn said to do it?

Slope of Hope isn't valuable because you can just come and copy someone's trades, it's valuable because it's a resource for education. I realize that Tim is a much better trader than me, but I don't copy him. If my trading style is just copying Tim's trades exactly, I don't learn anything. You learn far more by watching how Tim trades, rather than what or when he trades. Reading an interview with someone like Jim Rogers isn't valuable because you got out and buy commodities afterward, it's valuable because you get to see how he thinks. Following blogs lets you get inside the head of a different trader. You can see what they're looking at, how they see the market, and how they are forming their trading ideas. That's where the value comes from. And if Tim posts a trade idea that you can put on in your own way (and take responsibility for the outcome) that's just icing on the cake.

Re: http://slopeofhope.com/2009/03/13/eminis.htm

darin — Fri, 13 Mar 2009 22:24:57 -0000

Have you thought about trading spot currency or currency futures?

You might also want to check out treasury futures.

Re: Screw signal….NOISE is where the trade is at

darin — Wed, 11 Mar 2009 23:52:47 -0000

I entirely agree. In the past I tried reading a ton of news and analysis and it didn't help at all. I trade off charts and if I just focus on that I do well.

Hearing non-traders talk about stocks is so fascinating. Not only because they are usually good contrary indicators, but also because of their strange way of deciding what and when to buy.

Re: http://slopeofhope.com/2009/03/10/glimmers_of_optimism.htm

darin — Tue, 10 Mar 2009 23:27:31 -0000

FAIL: Final Ascent, Isn't Lasting

Re: http://slopeofhope.com/2009/03/10/glimmers_of_optimism.htm

darin — Tue, 10 Mar 2009 23:11:15 -0000

This is my favorite

Re: Medium-rare.

darin — Mon, 09 Mar 2009 22:48:25 -0000

Part of the reason it's difficult is because it's a lifestyle change. I've been a vegetarian for years and I don't even think about it now, but it took a couple months to get used to it.

Re: http://slopeofhope.com/2009/02/09/roubini_taleb_larry_curly_and_moe.htm

darin — Tue, 10 Feb 2009 00:05:39 -0000

I like how they can't even refer to them by their names. How often do they call Bill Gross "Mr. Pimpco" when he's on? CNBC mades fools of themselves.

Re: http://slopeofhope.com/2008/05/the_bear_is_back.htm

darin — Sat, 24 May 2008 01:20:17 -0000

Check of PFG and WFC

Re: http://slopeofhope.com/2008/05/the_slippery_slope_of_hope.htm

darin — Wed, 21 May 2008 01:01:38 -0000

Why short oil? Even gold topped out it sold off badly, and then had a small rally which was the perfect time to short. Markets can stay irrational for a long time.

Re: http://slopeofhope.com/2008/05/5050.htm

darin — Tue, 06 May 2008 23:35:28 -0000

I bought a put on Boeing today. Check it out, especially with fib retracement from march 03

Re: http://slopeofhope.com/2008/05/oih_vey.htm

darin — Thu, 01 May 2008 19:01:36 -0000

The IWM has a nice line at 73 that hasn't broken. I think it's a great opportunity. Anyone could buy puts on the SPY and have a really tight stop. The risk/rewards ratios are great here