Saturday, August 07, 2010

You Could Do That


62 comments:

Craig said...

Boris,

Good morning. When can you send the new YBR?

Kind Regards,
Craig

Wanderer said...

Dear Boris,
Good morning.
Thanks and good trading.

Bert

boris said...

Dear Craig,
I have already send the new YBR to all
subscribers.

I will resend one to you,
But see no reason , why you would have not received
it

Good Trading dear Friend Craig

boris said...

Dear Bert,
Good morning
and good Trading
Very Dear Friend

boris said...

Please see
Emini 374
at
Market Report

boris said...

5 min
data
at

Market Report

xerxes said...

Good Morning Dear Boris ....
New Moon tomorrow = New Dawn for the Buck? Soon we'll know ....

boris said...

Good Morning
Dear Xerxes,
New moon,
sometimes things
happen on New MOon

Good Trading Very Dear Friend

boris said...

Dear Craig
YBR
was emaied

Good Trading Dear Friend

Wanderer said...

Dear Boris,
Good morning.
As always, thanks.
Good trading, dear friend.

Bert

boris said...

Dear Bert,
Good Morning
and
Good Trading
Very Deare Friend

Craig said...

To Anybody who is interested,

I have not read anything significant in the news for several months about the CFTC silver invetstigation and former trader Andrew Maguire. I know this is out of place here as a topic. However Boris subscribers probably have their eye on the metals like myself. Just wondering is all. Thank you in advance.

Kind Regards,
Craig

boris said...

Dear Craig, I welcome question
and any answers, will aslo be very, very welcome.

YOu know that from our point of view , we have been ascribing, lately, even more value to Metals(GOLD) cycle as YBR/WBR cycles wobble a bit in here. I would never go against YBR outline, but we know that from time to time the short term WBR can get out of sync with reality. That is true for all cycles, therefore it behooves us to look at
"WHAT SEEMS TO BE WORKING" now
and Gold Cyles have done veyr well for us.

SO, My contribution to this discuttion is the next for turn points on gold ( given at Dot Org)

Again, thanks and any, all comments welcome

Good Trading ALl

boris said...

5 minute
data
On
Mareket Report

boris said...

We should congratulate ourselves
We now have over 20 pts of gains
In our short from yesterday.

Not bad!
Good Trading All

boris said...

Bought back Lmit stop

Plus 28

(: :)
in less than 28 hours

boris said...

5 min data
at
MarketReport

boris said...

emini 377 overlay
at

Market Report

boris said...

Response
To
Dear Reinhard
at
Feedback
MarketReport

boris said...

Dear Reinhard, observes in his remarks that he sees how I work hard to find a good position and am willing to let couple or more trades go against me while waiting( with small losses).

All I can say is that that is what trading without unlcers is all about( read on this site)

Also, three great one's come to my mind that I seem to emulate in my trading.

1) Pittsburgh Steelers ( rule number one do not suffer touchdouwn THEN EVEN FILD COALS WILL WIN)
2) Michel Jordan, Just keep shooting. DO not let it bother you that your success rate is not that great(44%)
3) Einstein, went to a hotel and demanded 4 trash cans for his room. When asked why? He replyed:
I MAKE A LOT OF MISTAKES (:-

So, I have build my trading life around the concepts of

1) make mistakes(but do not let them be fatal)
2) Work hard to find the big winner
3) Be patient thigs will work out

I do not know if it works for everybody, but I know these principles worked for GREAT ONEs and work for me.

So, I suspect , they have grains of uniersal features for success.

Good Trading All

john said...

Boris

Back-- I will add position size

boris said...

Dear John
Thanks
Yes, Absolutely,
Positon sizing is important and
we know small works best, at least, until one finds the size he/she is comfortable with.

Absolutely, some tacit way the size is hidden in number one

Make mistakes but not fatal ones

Yes, the fatal mistakes

WILL BE AVOIDED by knowing your comfort zone with regard to size of positions.

Welcome back Dearrdy John
I hope that you will only be going to happy occasions

boris said...

Not to be missed from the equation
is another issue that Dear Reinhard points out.

It is interesting to him that I seem to not dwell, on always perfectly having all my ducks lined up( Knowledge he refers to it). It appears, that I am ready to act even without being extemely confident about future market direction, but with confidence that I can EXTRACT myself out,if I GOT IT WRONG on a given trade.

What Dear Reinhard seems to notice that I took to my heart the TRUE QUAQNTUM nature of the markets. I do not know the MARKET much, and I know even less what it is going to do WHEN I PLACE MY TRADE, but I go to it, when I see many probabilties on my side.

Now , is not that, what EINSTEIN complained about to HEIZENBERG?

When HEIZENBERG explained the QUANTUM UNCERTAINTY , Einstein confusedly said. Do you want to tell me that GOD THROWS THE DICE? That is, when I go to see where the oject(market) is, I am really affecting where it is and making it unknowable( current and/or future locatioon)!!!

EIZENBERG SAID YES. And It took this GIANT thinker(EINSTEIN) life time to finally acknowledge that YES, GOD DOES THROW DICE and that is why elementary particles, just like markets are

UNPREDICTABLE!

HUH! If you can read this( it is not hard to understand), You will know why Markets are QUANTUM and why philosphycally I seem to have been made ready by my education as QUQNTUM PHYSICS MAJOR.
(:-

boris said...

emini 378
at
Market Report

boris said...

5 minute data
At
Market Report

R said...

Boris,

Excellent musing and big picture charts. Interesting times ahead. Do you put any 'stock' in the Hindenberg Omen? Seems to all be coming together, no?

Jiffy

boris said...

Dear Jiffy,
There is no doubt that Hindenbeg Omen seems to have good record.
Still

1) There is need for confirming signsl(s), which has not yet appeared
2) There is still the need for timing the markets as well as one can, because the volatility is bound to scare almost anybody out of the market. Remember nobody knows how far the lower move will go and therefore there is no guarantee at any point that market has more down to go!

Good Trading Dear Freind Jiffy

boris said...

Emini 379
at
Market Report

Wanderer said...

Dear Boris,
Good morning.
Thanks and good trading.

Bert

john said...

Boris

Good morning-back in the game

boris said...

A lot of people coming back from vacations. That is great.
Now we can show the markets what we can do!

Welcome all back

Very Dear Friend Bert
Very Dear Freind John

Good morning and good Trading
All

boris said...

Sorry,
5 min data
is on MarketReport
For a while now

Good Trading All

boris said...

Email,
Regarding Asset Allocations
Sent to all
Subscribers

Good Trading ALl

boris said...

emini 380
at Market Report

boris said...

Dear John
Answered you email
THanks very Dear Friend

boris said...

Dear Dimitry,
Answered you email

Good Tradinv Very Dear Friend

Wanderer said...

Dear Boris,
Good afternoon.
Another good day of trading and education.
Thanks a lot.

Bert

boris said...

Dear Bert,
Yes, Indeed
That is the way things are

If one likes to work with low

Risk/Reward Ration ( RRR)

If others like to take big risks, they are welcome
Not Us

We like the fact that we control, well,

THE ONLY THING WE CAN CONTROL

RISK.....!!!!!

Does anybody has any doubts about that? please change it before it ruins you.

RISK
is the only think we control

PERIOD. This is an axiom of trading, which unfortunately, is not alsways clear to some traders

Good Trading Very Dear Friend Bert

boris said...

emini 381
at
Market Report

boris said...

5 min data
on
MarketReport

boris said...

mabe no chart toda
Please make you scenario from
the data
area is like yesterday

Mike Truong said...

earthquake on chf....

boris said...

Dear Mike
Thanks, We go that one,
In cash for sure.
Could always have more, but what can we do(:-

Good Trading Very Dear Friend

boris said...

I was able to get the
Chart
To
MarketReport
No comments dhough

Sorry about that
It is absolutely hectic
in the markets and my computers
LITERALLY FEAL it

(:-
Good Trading ALl

boris said...

No
OH NO
Wrong Picture
changing it

boris said...

changed

Mike Truong said...

Boris,

When you have a chance later, could you update your thoughts on CHF in light of today's action?

Thanks,

Mike

boris said...

preparation before
that rading day
is very important
and early AP table
just about does it.

It is sometimes, beyond my physical capabilities
to provide the chart( which is courtesy service anyway).

Nevertheless since subscribers are sused to it, All I can say is ask for your apology that I was very , very late with the chart today

Good Trading All

boris said...

Dear Mike
CHf action today is the

SAFEHAVEN ACTION

Seems like the traditional
safehavens of late BONDs, GOLD, JPY, has been joined by the CHF today.

That is interesting , of course.

But somebody around here promised that CHF will be New GOld By this time and timing is known to most of you

But I will remind that and the rest of the comments on market report later for subscribers.

Thanks Very Dear Friend Mike

Of , oourse shoudl I mention that our short position started at 1127 and was renenwed at 1096 after covering from 1086( but that much was lost in trading). So, for all pusposed, we are short this position from 1127 and now we are at 1075

Do the math dear friend.

GOod Trading ALl

boris said...

too bad
I could hold on second position today

Wel, you cannot win them all(:-

Good Trading ALl

boris said...

for now collected the short at
1073.75

boris said...

we know Dollar is just an imaginary currency, but the truth is that
not many currencies are up against Dollar today

john said...

Boris

Great call

boris said...

Dear John
Thanks you
Very Dear Friend.
I am not satisfied entirely, due t

to not being able to hold on a second position , just before drop.

Darn it! why does makeing money in trading have to be so hard?

Good Trading again
My Very Dear Friend
JOhn

john said...

Boris

Do not look back, another bus is on the way.

boris said...

Yes,
I can count on you
to remind me
what patience means Dearest
Friend John

I know that(:-

Wanderer said...

Dear Boris,
Good morning.
Keep up the great work.
Thanks a lot.
Continued good trading.

Bert

boris said...

Dear Bert,
Good Morning
Very Dear Friend

I see inspiration all around
me. Dedicated People, that are with me now for over 2.5 years,know exactly what we do.

I can only strive to do better with
such support and following.

Thank you Dearest Bert
and ALl Subscribers

john said...

Boris

thanks for heads up about currencies--just turned them 5:55 here

boris said...

EMIN 383
AT
MARKET REPORT

boris said...

Enjoy
Very Dear Friend
John

boris said...

5 min data
oN
Market Report