As the name says, this is essentially a trading log, I am opening up a good brokerage account in the coming few days, and this is where I will put out trading ideas, discuss the performance of my own portfolio and that of the general market, with a few pieces of economics musings thrown in for good measure. So, to some of that normal, tabulated introductory stuff to see if you should stop reading before the end of the first post:
What you should to know about the writer:
I‘m Tim Alvner, a physicist by education and I tend to work hard and love to earn money, but have for some reason never at all managed to combine the two! So since my future will be extremely relaxed indefinitely, it’s time to earn some, and this is the record of how that happens! The fact that there is blood on the streets (if not in the skies!) in the market and that the P/E numbers are at lows that even my attention-deficit generation remembers makes the timing for market entry perfect!
I have previously had a history marked by market crashes, from my birth (1989!) to the time I started taking some investment decisions for my college fund in 1998-2001 until finally I moved to a financial center in 2008 and started trading. There is never so much opportunity as when things move fast, so as long as I can ride out the swings, these are the times I love to be in the market!
A few notices:
Some comments on what this blog is not:
- Not: Investment advice. This should be evident from the title, but takes repeating: This blog comments on trading and not investment. I draw the distinction at expecting an investment to pay me off because the contract is fundamentally solid and I can expect cash flow for a longer period of time, whereas a trade could be made anywhere that the stars are aligned for a quick move and fast money. Nothing here is more than commentary or thoughts, and one of the most important assets of anyone that expects to earn my trust – or very likely money – is an independent mind. I expect you to read it with one.
- Not: In fact, any sort of advice. I won’t mention specific technical parameters either unless they’re extremely general (like, 1 day candlesticks) and I am sourcing it from somewhere. I may, however, discuss some technicals that I think work and how I use them, but strip out the particular contract and time period used.
- Not: Professional, regular, or constricting. Don’t expect me to stay around just because something interesting happens. As I stated above, working hard and earning money are some things I both enjoy but can never manage to combine. Furthermore, I have no privileged access to anything, so whatever I write is pure and simple reflection or speculation on publicly available data. I will try to substantiate any claims, however, by courteously linking to whatever I comment on.
- Not: Closed. The comments section is there for a reason, and if you can challenge or improve an argument, do so!
With that out of the way, some basic content I intend to post:
- Daily: market reflection. Could be on any contract or performance of some sort of asset (indices, sectors, regions).
- Weekly: ideas, either for trade, or anything that deals with money in some form.
- Weekly: Commentary of some overwhelming issue or set of issues.
- Urgent: Whatever strikes me as absurd and/or important enough to post about from any of the above mentioned topics.
I’ll also add a small list of influences and recommended reading sometime before the market opens on Monday. Also, sometime within the week, there should be a quick update on the rationale and rules I keep in mind when trading.
And with that, let the blogging commence and the cash flow in!