Vdsat.com

This is what I did this morning with paperMoney. Remember, as mentioned in yesterday’s post, I am going to run through the same morning routine with the same strategy with fake money for a whole month before I devote real capital.
9:15 am: Alarm clock goes off. I hit the snooze button. I just have to [...]

This post was posted automatically at 12:01 am EST on August 31, 2009. It has been worked on many days in advance.

Three years ago on this day I registered vdsat.com. (You can check the whois records if you’re bored enough.) This blog went up less than a week later and the rest is history.
For those [...]

Back in June, I discussed my itch to buy a trading computer, I actually bought it, and I also talked about abandoning swing trading in favor of day trading.
In July, I talked about only installing the bare necessities on the trading computer, I mentioned that based on paper trading the day trading plan wasn’t going [...]

During the last few days, you’ve heard various reasons for why Obama reappointed Bernanke to a second term as Fed chairman:

It was the safe choice.
He did a good job.
You want continuity in these uncertain times.
If not Bernanke, then who? Alternatives aren’t so great.

That’s all a big lie. The bottom line is that the Fed owns [...]

I just finished my slides for my advisor meeting. I blogged about it the other day.
Timestamp on the last save is 1:39 am. Not too bad. I am very happy to be able to go to bed at this time. I knew making the slides would be bad, but I am very thankful to be [...]

Not looking good. Threw a stop somewhere.
Stop loss at $103.85.
UPDATE: Shoot me.

The day before your weekly advisor meeting, everything needs to come together. You need to throw everything you did in the past week into power point slides. Many times you can kind of see this coming so you think about working on slides a few days in advance but it just doesn’t happen because you [...]

As mentioned in an earlier post, I shorted SPY on Friday. Looking at the chart below, you’d have to be pretty crazy to short this chart, but I did it anyway.

On Monday when we had the pullback, I recognized that the move probably sucked in the dumbest bears and that the likely scenario is that [...]

Girl: Were mine better?
Me: What? This? (Points to swiss rolls on dinner table.)
Girl: Were mine better?
Me: Wait, did you make this plate or that plate? (There are two plates of swiss rolls.)
Girl: Just say yes.
Me: So you made this?
Girl: No, these were purchased.
Me: So…
Girl: Just say yes.
Me: What did you make?
Girl: I made swiss rolls [...]

Late in the afternoon I shorted 50 SPY @ $102.65.
Unlike most other times when I buy SDS when I want to short, I directly shorted SPY. I figured there’s no point in buying SDS if I am not going to use the leverage.