Independent trader with several years of experience within the field of FX and equity derivatives. Randomly, I'll offer my take on the broader market picture and even share with you a couple of trading strategies. The blog is first and foremost a tool for organizing my own ideas so please hesitate to email me any suggestions regarding content, style etc.
8/30/2007
Short USDCHF @ 1.2001, out @ 1.2018 (-17p)
not seeing the ball too well.
Markets: still see a lot more distress coming. Vols looking up again, oil building a base, bonds to continue rallying. Don't touch SPX between 1435-1485 (short-term fibo 1465).
* male, currently 32, living offshore with a rock solid girl who I'll marry someday.
* "retired" from a major commercial trading floor 18 months ago.
* what made me leave a $400K job? Trading rooms are being stripped of talent these days and it's all about sales/flow. 40% of the trades/advise I gave should never have been extended to clients. On top of this, quants' say in any given matter on the job is absolutely idiotic. These people don't know shit about trading, all they have is endless columns of excel-modelled crap. Don't get me wrong, I majored in economics and have a range of models that I utilize every day. But, quants want to put everything into tiny squares and they simply can't fathom the important concept of liquidity.
* Besides, I guess I always wanted to trade my own money without any interference.
* FX and equities are my primary markets for short horizon trades. I trade to invest, just like Richard D. Wyckoff. (and yes, "How I Trade And Invest In Stocks And Bonds" by Wyckoff is the best book on the markets ever published)
Contact: throughtheswings@gmail.com
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