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Wednesday, July 16, 2008

A Paradigm Shift in Viewpoint: Amory Lovins on Oil Importing ...

Challenge Accounts:

Investing Account Balance:
Stock / Futures Trading Balance: $866.20 (Within a trade)
Online Savings Balance: $37.30

Personal Trading Thoughts: Looks like our move in Soymeal has started. It fell even further yesterday, and fell further overnight. Profit stop is in the Challenge Project option to take profits at twice our risk ...

Personal Investing Thoughts: Overall, I'm just watching and waiting. Summer is here, and the market is generally weaker in the summer, so I'm not a buyer. Many years, I turn my DRIP off in the summer, and receive straight cash. But not this summer. We've been in a bear market, and the market is offering bargain prices on many stocks. Therefore, my DRIP will remain on, so that I can accumulate more shares at better prices to DCA ...

We have an oil crisis. And from what little I saw last night on the Charlie Rose show, more people need to be listening to guys like Amory Lovins ...

I also discuss thoughts on the Soymeal trade ...

* * *

Investing Account Balance: $171.90
Stock / Futures Trading Balance: $866.20 (Within a trade)
Online Savings Balance: $37.30

Total Trades: 4 (In the 5th trade right now, statistics cover only 4)
Largest Inter-trade Drawdown: $86.51
Consecutive Losing Trades (Drawdown): 2
Average Drawdown: $65.50
Average Loss: $79.84
Accuracy Rate: 25%
Average Reward: $179.75
Risk : Reward Ratio: 1 : 2.1
Trading Money Gain / (Loss): Down - ($59.68)

This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 12 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research, and tolerance for risk.

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