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Kamis, 12 November 2009

Connection lost

IB price feed was lost just after the close of the third trade. I allways use hard stops, at -4, -5 pips (with 1 or 2 exceptions per month, which inevitably become the mistake of the month, Murphy's law!). So I am not afraid of connection drops and freezes anymore. A friend who likes "mental stops", lost 3000 euros in one trade. He lost connection while open and then price went 100 pips against him...

Selasa, 10 November 2009

Shy trades

Several shy trades in a row, then a trusted local breakout. I call shy the trades with very conservative exits, when the effort to avoid to have a loss comes first. I experiment this recently, with highest lots. The bars are perfect to control such trades.

20 years

The night the Wall fell down -9/11/89- i was there, a young photographer covering the event for greek media. I will never forget some images, the East Berliners walking in the West with the eyes of children in a toy store. The happiness of freedom on the faces. The gazes of some in KaDeWe store, admiring the 1200 ham varieties. The chilled people in the night of the next day, after 12 hours walking in West Berlin with temperature around zero, with a Red Cross pot of soup in the hand..

I finished recently reading this excellent book by F.Taylor on Wall's history. You learn a lot about post-war Germany, the Cold War and the fall of communism, all in 500 pages. Fascinating.

Minggu, 08 November 2009

Le Pas Du Chat Noir

SUBLIME recording! From the great ECM label, the biggest oud player today, Tunisian Anouar Brahem, together with French pianist Francois Couturier and accordeonist Jean-Luis Matinier. Like oriental reminiscenes coming out from a smokey Parisian bal-musette, hand in hand with Erik Satie.. Unforgettable.. A sample here, just to make your Sunday!...