closed our tactical trade in oil, using the 2x leveraged oil ETF (DXO). we bought at $2.20 with a .2 initial stop, after oil closed below $30/barrel, and closed the tactical portion of the trade today at $3.45. Thats a little over a 6R win in a week. here are some of the supporting slides […]
Tag: strategy
US government debt and the first rule of holes
when you realize you are in one, stop digging
Profitable ETF Trading Strategies: Sector Contrarian
There is a new conventional wisdom beginning to emerge from the stock market these days and it says that there’s no way you can make money in a bear market unless you have the good fortune to be an expert market timer and bet against the recovery of the broad market. While it is true […]
The path to mastery, with emotional intelligence
The studies in the Cambridge Handbook of Expertise and Expert Performance describe the path to mastery as: (1) Deliberative Practice (2) Time spent at Deliberative Practice (3) Assistance from a mentor. Deliberative practice can be broken down to: (1) Identifying a long-term outcome (2) Breaking down the skills that lead to that outcome into its […]
“Paying” for bailouts as if they were taxcuts
I am surprised not to see a suggestion from either side of the aisle, that suggests “bailouts” should be paid for in the same way tax cuts: by identifying dollar-for-dollar tradeoffs. By government standards, the Big 3 bailout is a rather modest sum when you stack it up against the Department of Defense budget. Republicans arguing on principle […]
In this thoughtful posting, Dr Jack Kem examines the strategic and conceptual changes in the publication of the new FM 7-0 Training the Force. here is a highlight: Conceptually, the band of excellence was intended to provide a training focus so that there wouldn’t be wide variance in unit proficiency – train on the essential […]
Obama’s genius in selecting Clinton as Secretary of State
Obama’s true brilliance is revealed in his choice of HRC for SecState. Clintoons MUST report their secretive list of contributors to the shadowy library, the modern technique for laundering money to public servants. It’s revealed today that $500M has been shoveled at Bubba Inc from foreign interests, and the Clintons will never be able to […]
A reflection on Action Inquiry in Army change management curriculum review (part 2)
Requirement: 3.A. Individual Learning Memo Assignment (Max 4 pages): write a final memo on what you have learned about action research. a. What do you take with you to the next part of your program? Summarize your takeaways as bullet points on the last pages of your memo. (1 page) b. Define your contribution to […]
Efficient markets: Being vs Becoming
There is a world of difference, all you need really, in the difference between these 2 statements: the market IS efficient and the market becomes efficient. It’s the difference between a state of being and a state of becoming (a state of action). A market moving towards efficient price levels is a market in motion, […]
A Pair Trading Strategy refinement: Buffett vs the mob
A pair trade strategy refinement to consider to take advantage of long term market psychology which is known to persist despite evidence that the market is changing. I was thinking of a pair trade earlier today that would capture something like the mood of the mass market psychology in practice. It would pit the wisdom […]