Weekend Reading – March 29, 2008

Calendar March 29, 2008 | Posted by Jorge

On what was supposed to be our real wedding date (dang those Passover reservations at our hotel!), there’s been quite a bit of material to read on the internet. Let’s do this college football style with the good, bad, and just plain ugly.

The Good

  • Blain over at STTG has once again opened up the Falkin Library for the general public (US and Canada only). I made the suggestion to provide a copy of Trading in the Zone as it’s a great resource on trading psychology. Hopefully we’ll see that on May’s library list.
  • The Option Addict has given birth. ETF FOO is born!
  • After listening to one of thinkorswim’s chats this week (attempting to catch up!), I listened to Tim Knight, the creator of Prophet charts. His site, The Slope of Hope, is a heck of a resource for bearish technical traders. Here’s his weekend review with a plethora of great idea (plethora’s the word of the day by the way…)

The Bad

  • How was I not included in the top 25 blogs? I have a 100% growth rate month over month!

The Ugly

  • I’m not sure what it’ll take to realize that arguments will never be won on the internet. There’s so much more one can do with their time than arguing on this virtual idiot box. If you’re looking for something amusing, check out recent criticism about a microcapper and his response plus ensuing comments. And I thought the Yahoo/Google Finance (and to a lesser but growing extent Stockpickr) message boards were bad…

I’m about half way through Trading in the Zone by mark Douglas and it’s by far one of the best resources I’ve read in regards to trading. It’s amazing how in the first three chapters of his book, I’ve identified with each of the newbie trader pitfalls. With almost a year under my belt, this is definitely the right time to analyze what I’ve done right (not much), what I’ve done wrong (quite a bit), and how, if possible, can I improve. For me, it’s a matter of how to improve. No matter how much the markets knock me down, they won’t get rid of me that easily. And if they do, well I have a degree in Nuclear Engineering for a reason…

Have a great Sunday! I’m off to celebrate my dog’s 3rd birthday (I already know what you all are thinking, so hush!)

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