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Archive for November, 2010

New Traders Wanted

Standard Chartered is going to hire 1,800 traders over the next three years.

Their goal is to increase revenue to $US 10 billion by 2014 from $US 4.4 billion last year. “We’re just scratching the surface on what the opportunities are,” Stan-C honcho Feder said. “Offshore yuan-denominated products are probably number one on our list.”

How are you going to prepare for this opportunity?

How are you going to differentiate yourself and detail the fact that you can trade any market on your resume?

GPAs don’t matter, nor do your MBA or CFA designation. Everyone has those. What’s different about you?

Read: Standard Chartered to hire 1,800 For Trading Division.

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Remembering George Harrison

November 29 2010 | 10:57 am PDT

4173387547 a014964312 m Remembering George Harrison

George Harrison (25 February 1943 – 29 November 2001) became the lead guitar player for The Beatles at age 17. FML.

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Timothy Ferriss: The 4-Hour Body Book Review

Massive change is possible if you have the intention. I admit, having the intention and no strategy can sometimes become emotionally taxing, that’s where determination and persistence come into play.

Tim Ferriss has distilled everything he knows and has experienced through his life and research into a detail-oriented book on personal health calledThe 4-Hour Body: An Uncommon Guide to Rapid Fat-Loss, Incredible Sex, and Becoming Superhuman Timothy Ferriss: The 4 Hour Body Book Review.

I consider this a reference book. As such, you should buy the hardcover so you can get at the material easily. Have you ever tried doing research for a blog post or book that you’re writing with the Kindle or iPad? They are horrible at best for such endeavors.

For the trading community, if you are trading profitably, it’s probably because you have a measurable amount of discipline. That’s great because once you read what Ferriss has in store for you diet and workout-wise, you’ll see massive results within the first 30 days. That will help you build momentum, for which the lack of is the single largest reason people don’t stick with new diets or workout routines. Don’t change too much too soon.

The emotional and financial benefits to you can be staggering.

If you have the intention of changing your life by changing the way you think about trading, you can start my trader mentoring program.

Or you can change your life by training with Victor Sperando in the Master Class and you’ll be enrolled in my mentoring program as part of the Master Class at no extra charge.

I wrote about Tim Ferriss and The 4-Hour Body at The Huffington Post.

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Happy Thanksgiving Everyone

November 25 2010 | 6:00 am PDT

Happy Thanksgiving everyone. I am grateful for your loyalty in reading my humble blog. Thank you for all your feedback and comments. I will continue to try to be the most generous trader/blogger there is.

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latest podcasts

Study instruments in multiple time frames.

Tweet This week Frank and I speak about the effect of Hurricane Sandy on the energy markets, including the delivery problems in NY Harbor.

Frank Clements and Michael Martin talk about the past week in Energy Futures and about the upcoming week also.

“Boone’s trade of the Cal 2013 Strip at $3 is a great trade.”

Long-only investors will benefit greatly from Behind The Numbers — especially how to get out of their losers quickly just by following a few simple fundamentals on the balance sheet and income statement.

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