Tuesday, August 7, 2007

Virtual Office, $1932. Dow, +32.84, 13501.62.

Misstrade, $973 on 1000 shares traded.
Me, $588 on 35,600 shares traded.
HPT, $300 on 74 contracts traded.
OBAT, $89 on 7000 shares traded.
Bubs, on vacation
Evolution, no trades today.
Denarii, -$18 on 1000 shares traded.

I've never understood why traders avoid options expiration days and rebalancing days and things like that. Volatility is what the trader feeds on. However, in my 8 years of trading I have never had much success of Fed days. Sure they're volatile, but it's the kind of volatility that seems to kill me. Anyway, I digress... I'll put more of that in my daily post later which, for the record, will be late today. I apologize, but until you people start to pay me you have to live by my schedule...

So it was a Fed day. And Uncle Ben did a decent job of calming people down about the mess that has been the market recently. However, I have to say I expected the market to really sell off. Why? Because they said they're still more worried about inflation than they are about economic growth stagnating. But who knows... this market is freaky.

Anyway, you'll be happy to know that your favorite blog (btw, you can "fave" me by clicking that green technorati button up at the tippy-top of the blog) finally made a list of "Top Daytrading Blogs." Ahem... #62.

I mean, it's not like being bought out by CBS for $5 million, but it's a start.


newequity said...

Be careful out there.

High Probability Trader said...

I made the list TOO! #16. I feel so special,,,although I've never even hear of the website, I'll take what I can get though,,,whatever that is.

Dinosaur Trader said...


I think the entire VO made it and most of my blogroll.

That could be coincidence, however, I read it as the growing influence of this blog. :)