Author: sugoimonkey@hotmail.com

Forex trading is frustrating. I guess I am too impatient; but, I make $3 only to lose $4. And then I get pissed off and overleverage and end up losing even more money! Here’s the last setup I’m banking on this...

Maybe patterns are, to a large extent, merely figments of our imagination. (Clip from the 1998 Sundance Film winner, Pi. A well done movie about a mathematician searching for patterns in the stock market. What he ends up finding...

Here are a few screenshots I took while trading on the forex markets earlier:Triangle breakdown and head and shoulders:Head and shoulders on the one minute:Head and shoulders from the 60’s:

Starting with yesterday, things have been wild. I began trading currency at 2pm PST on Sunday. Within the first hour I was up 40% on my investment (my starting investment was $25, so I gained $10). I got a little too confident...

GM. Toyota makes $1.6k per car it sells, while you lose $2.4k. What’s going on? I think we’re going to have to put you out to pasture…I setup a micro forex account this weekend at ForexMicroLot.com. They have...

Added some cash to my account a couple days ago and made some purchases/day trades today. Bought EGLE at 9.09 and 8.92 this morning and sold it all at 9.75 later in the day making about 8.3% (looking to buy back in on Monday or...

I live in California, and, while others across the country are interested in the ban on gay marriage amendment in California, I have voted on the proposition and have been following it on and off over the last few hours here. I...

According to Intrade’s election tracking page, Obama has a very good chance of obliterating McCain. Also, if you’re interested, Forbes has an interesting article on Intrade’s prediction markets. It has some...

I like the futures. Things are green, and green is fucking beautiful. I’m not sure if I will post anything else this evening, but I do want to link Dinosaur Trader. If you visit his site he’ll defecate on you. And,...