Moomin Valley

We didn't meet any of the goals we set for the year but we did go a considerable way in the right direction: 1. Increasing net worth fr...

I've now read Trading in the Zone by Mark Douglas. There are lots of reviews that give the book high praise. My review sounds very crit...

A follow up to the story I reported earlier this year about TFS Capital's approach to the directors of the Phoenix Market Neutral Fund,...

Primary Health Care (PRY.AX) extended their takeover offer for Symbion Health (SYB.AX). The takeover is for $4.10 in cash but Symbion is tra...

Snork Maiden commented on Tuesday's post "If we earned so much more from passive investments and long-term capital gains than from...

I'll be doing comprehensive reporting on the year's activity and performance later in January but as the mutual fund distributions a...

Necessity is the mother of invention. In the last couple of days I've taught myself how to use neural networks to forecast time-series. ...

In the past I found it hard to take simulated trading seriously. There was no real money at stake so it was hard to take seriously the need ...

Yesterday evening we met with a "marriage celebrant" and started the ball rolling for real on our wedding. It's going to be a ...

I'm not going to do any real trades for a while until I am satisfied that I've got my act together. In the meantime I'm in ...

I walked into town this afternoon and bought a copy of this book at Borders (yes we have them here too). Luckily there was a copy available...

I traded the NQ futures this morning and lost more money. Again, going long when the model is short and the market already down a lot, hopin...

I've now estimated my model for the Nikkei and it is pretty successful in backtests. The model says to look for short-trades in the Nikk...

I shouldn't boast on this blog about making money, because I tend to go ahead and lose it immediately. The chart above shows the profit...

During the 24 hour global trading day stock indices appear to be most influenced by the largest market currently open as well as catching up...

I'm now turning to looking at volatility of stock prices and seeing if it could be a useful addition to my trading model. More sophistic...

All figures are in US Dollars (USD) unless otherwise stated. This month saw a fall in net worth in US Dollar terms partly due to the fall in...

Thanks to financial reality for the graph. House prices continue to fall in the US. However a renewed decline in house prices is yet to get...

This month's trading result is again negative due to a few big losses . But this week (so far) is the best individual week since May, wh...

I've kept the 2007 goals on the sidebar but I've taken down the goals for 2008 and beyond as they are looking increasingly unrealis...

Howard Lindzon is calling a bottom in the stock market here. Is this the bottom? My model appears to be exiting the noisy conditions that m...

I voted yesterday in the Australian Federal Election. Snork Maiden came along, even though she can't vote here, and I was surprised to f...

Networth IQ has finally added the ability to search by country . Not surprisingly, Australia seems to be the best represented country outsi...

I lost money today, but not too badly which was partly the result of a little skill and a lot of luck. Again I got too caught up in thinking...

Amazing that Australia uses more petrol than France that has three times the number of people. Price of filling up a Honda Ciivc here is cur...

A good article about where we currently seem to be in somewhat longer term market cycles. I am also looking for the market to go down after...

Since the big loss on Tuesday I've swtiched trading tactics. I now plan to do pure day-trading in the near term - only betting on the di...

Current market conditions are only suitable for day trading in my opinion. The SPX model has been stopped out (1.25% or greater market move ...

Some glitch took down Globex (the Chicago Mercantile Exchange's electronic futures trading platform). I was actually watching the open o...

All my stuff that I shipped from the US was delivered this morning. I haven't done any unpacking yet apart from removing and throwing aw...

It's not the market nor the model, the problem is me. I just suffered my second worst loss per contract since I started trading futures....

My recent net worth reports have shown huge fluctuations due to the volatility in the Australian Dollar-US Dollar exchange rate. Returns ar...

Just got a call from the shipper this morning. They will deliver my stuff tomorrow. They could have done today but I need to accompany Snork...

My trading model has been performing poorly in recent months - the model is frequently stopped out - the market moves more than 1.25% in the...

This morning I fell victim to over-trading/over-confidence. I had been doing pretty well this month so far and then decided to make a trade ...

This is purely anecdotal, but it seems to me that there is more "price dispersion" in Australia than in the US. Price dispersion ...

I finally decided to write down Croesus Mining's value in my accounts to zero. The stock was suspended from trading ont he Australian St...

All figures are in US Dollars (USD) unless otherwise stated. This month saw a record gain in net worth in US Dollar terms, mainly due to the...

This month was again a poor one for trading and a good one for investing. It's somewhat arbitrary what I count as an investment and what...

I've tried estimating a single model for both the NDX and SPX. The rationale was that taking itno account the correlation between the in...

In after hours following the earnings release. I've long wanted to reduce my position for a decent price. I may buy back later if the pr...

Fifteen minutes is a tricky thing. It caused me to miss Apple's spectacular post earnings rise yesterday. But I still captured some of ...

Not of fame but of volatility. Something that I am gradually (and painfully) learning is it often pays to wait 15 minutes after news is anno...

I checked out the "product disclosure statement" a.k.a. prospectus for Snork Maiden's superannuation fund a.k.a retirement ac...

We got our Australian credit cards (credit limit $A3,000) and immediately put $A1,550 of the outstanding balance for the car onto it. We nee...

After some more to-ing and fro-ing and a couple of car inspections we bought the red car . It was either that one or the next model up from ...

I got messed up by this again today. I decided to play the Google earnings announcement. Up pops the EPS number on the Dow Jones newswire: $...

Did an NQ trade tonight (Wednesday morning in the US) that got back what I lost last Friday. This was an "overnight trade" though ...

Today, Snork Maiden got to drive a Holden Commodore (employer's car), a Ford Taurus (1997 model), a Holden Vectra, and a Ford Falcon (20...

I'm putting together a suite of several different trading strategies. Diversification is good as it leads to more stable returns. Here a...