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Gav's trading blog - Perseverance, Consistency, Confidence

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Gav

Quote from Victor Sperandeo

by Gav Leave a Comment


In his book Trader Vic: Methods of a Wall Street Master, Victor Sperandeo mentioned:

As an aside, I want to point out that although this period of intensive study helped me immeasurably in my ability to call the markets, it cost me substantially in my personal life. My daughter, Jennifer, was at a crucial formative age (3 to 5), and I spent almost no time with her. I would get home from the office, eat, and go straight back to work in my study. When she came into my office, I would shoo her away impatiently, totally ignoring the fact that she needed her father’s attention and love. It was a bad mistake that both of us are paying for today. If I had to do again, I would draw out the study period and give Jennifer more time.

After reading this paragraph, I have been doing a lot of thinking. I’m not sure if this is a common mistake among traders, I, sometimes, make the similar mistake. We know this business requires a lot of time, effort, attention, but our loved ones require more.

Just being a little bit emotional. Anyway, this book is really a good read. If you haven’t done so, go and get one.

Filed Under: Life, Trading Lessons Tagged With: Life, reading, Trading Lessons

Chart of the moment $EURGBP 24-Nov-2009

by Gav Leave a Comment

Here is the chart I am watching closely. EURGBP is due for breakout. Which way do you reckon?

EURGBP_4hr_24Nov2009

Filed Under: Chart of the moment, Trading Journal Tagged With: Chart of the moment, EURGBP, FX, Trading Journal

New tool in office

by Gav Leave a Comment

Some of you on twitter might know I have recently purchased an Kindle Wireless Reading Device (6″ Display, Global Wireless, Latest Generation). It is also available to customer in Australia now, so I thought why not? Taking a little advantage of strong AUD. ๐Ÿ™‚

After reading on it for the past 2 days, all I can say is , I am loving it! This is a great gadget will allow me to carry a lot of books while traveling to Asia starting next week.

Here is a snapshot of my Kindle. Guess, what am I reading now?

IMG_0407

Btw If you are thinking of a Christmas gift for your loved ones, I thought this is a brilliant gift.

Filed Under: Trading Tools Tagged With: amazon kindle

Find Trading Opportunities With Fibonacci

by Gav 10 Comments

I do not intend to write a post to pitch EWI. But these guys are doing some great works in helping traders to learn and trade the markets. And a lot of the materials are, in fact, available free. A good example is the Ultimate Technical Analysis handbook. I would really recommend you have a read on that.

For the coming few days (now till 30th November 2009), EWI is giving away a ebook Find Trading Opportunities With Fibonacci. Here is the summary of the book, I think, it is worth checking out.
[Read more…] about Find Trading Opportunities With Fibonacci

Filed Under: Trading Lessons Tagged With: fibonacci, FX, trading lesson

Video for the weekend

by Gav Leave a Comment

Before we get back to serious business, let’s have some laughters for the weekend. One of my favourite character of ‘Friends” – Joey Tribbiani

Joey: ‘Cause I’m a Tribbiani, and this is what we do! I mean, we may be not great thinkers, or world leaders, don’t read a lot, or run very fast… but damn it, we can eat!

Filed Under: Rant Tagged With: video

Great show of the year

by Gav Leave a Comment

I like this video. I like the way Geithner fought back the old man. No bias, I am really enjoying this fight.

Filed Under: Rant Tagged With: video

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