more or less :: explanations for certain observations
29 Jul
Law school: Test in October - studying commences hardcore in August.Grad school: I’m enrolled and entering Bellevue University’s MBA program in the interim. Since work will pay for a good chunk of it, I’m taking the plunge and going to continue my education with law school on the horizon.
Craziness: I’ve been wrapped up in learning the fundamentals and technicals of Forex trading. To be honest, it scares the living shit of me. But it is also fun to learn about many of the tools used in stock and commodities with even less of a required commitment of capital. I’m starting to trade minis (10k) in the practice environment right now.
I was partly on track - after a slight slide I got a bounce back to close out several trades with some good pips to take. However, I had other trades that were sucking a lot of wind because the overall picture was a slight downward trend going sideways when I expected a slight upward trend sideways or movement upward. What saved my butt was going back to the SMA/EMA signals I was watching for which proved to help me out and cut some losses at a better price than if I had just rode the process out as I was.At the end of the day, I took 25 pips on 10k lots using very little margin or leverage on the demo account.
Admittedly, that isn’t too bad for just an hour or two of trading. But it really wasn’t worth the couple of bucks added to the account. And I got lucky. Very lucky.I’ll make another post about my next idea to work with: 3-line moving averages with progressive buy/sell, no stops with opposing trades to limit risk. Anyway, thanks for listening.
Sphere: Related Content12 Jun
Four people were killed in the area of Little Sioux Scout Ranch about 30-45 minutes North of Omaha. 96 Scouts were attending a leadership conference when a Tornado reportedly hit the camp, destroying many buildings and leaving trees felled. It is being reported that up to 40 other injuries have been reported with 4 persons taken to Mercy Medical Center in Sioux City Iowa and one person sent to the Creighton Medical Center in Omaha for medical attention.
The tornado hit at ~6:30 to 7:00 tonight with Emergency crews mobilized soon afterward. One storm spotter was in a vehicle reporting while the tornado hit the vehicle and turned it 180 degrees. The storm spotter has survived and the vehicle sustained heavy damage.
Having spent several years in scouts and camping at Little Sioux it kind of hits home. My thoughts are definitely with the families of those scouts.
Sphere: Related Content9 Jun
After a long haitus, I’m back to posting. I was gone on sabbatical and attempted to divorce myself of the Internet as much as possible.
What’s new:
I bought a Honda Ruckus and I’ve been riding the hell out of it. I bought it for the fun of owning a Ruckus, not for any other reason. Although the ~100mpg I get is a definite bonus after buying the X-Terra in January.
I joined the Omaha Scooter Club
I moved to the Southeast end of town on the edge of the Field Club neighborhood. My new roommate is a drummer so it is working out pretty well now that I can play my full acoustic kit. Samantha (my dog) now has a backyard to run around in.
I finally bought a new bed. After sleeping on the old mattress and waking up with horrible pain from misguided springs, I felt it was time to shell out and get a new one.
Still planning on being a lawyer. I had to post-pone my test date until October but I’m still in the ‘09 cycle so we’re OK on that front.
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