frankbean's Blog Posts on People And Picks

SITE IS TOO SLOW TO BOTHER USING - MY TIME IS VALUEABLE !!!

Sat, 26 Mar 2011 13:42:32

Fix the site or I just can't use it anymore.  Send out a notice once the site is fixed. 
Thank you

"We make money the less we trade"

Mon, 21 Feb 2011 10:32:58

"We make money the less we trade"  ( John W Henry )
 
Think about this.  The trend followers typically lose on 60% of their trades ( they limit their losses ), but they hold the winners a longer time, provided they are trending higher.  These trend traders follow a system. 
So the return on the winners make up for the losers.  Losing is a fact of the game we need to accept.  Its not about accuracy, its about sticking with it when you are right. 
 
I know this would help a lot of people here, let it sink in and think about it. 
 
OwlTrades...

Bulk Shipping Carriers next to recover ?

Wed, 16 Feb 2011 21:36:53

In my scanning I noticed today some signs shipping companies might be ready to move as a group like refiners did in the last two months ( FTO HOC VLO TSO ).  I noticed TK and SSW show up in my scans, also see TNP DSX.  Also GNK one of the best, is showing signs of life.  Probably a good time to enter is now or soon on any other signs of recovery.
Feel free to pan or share your thoughts.  This group looks no where near as nice as the base the refiners were coming out of... but ... buying them here seems like a low risk from a technical standpoint....