Archives of “January 27, 2019” day

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Top Domain Names are Owned by Publicly Traded Companies

  
  Education
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Owning a strong domain name can be a valuable asset, due the the fact that a good name can receive a lot of direct ‘type-in’ Internet traffic, bypassing search engines. Here is a list of leading domain names and the publicly trade stocks that own them them.

Asthma.com Glaxosmithkline plc (GSK)
Book.com Barnes & Noble, Inc. (BKS)
Books.com Barnes & Noble, Inc. (BKS)
Baby.com Johnson & Johnson (JNJ)
Cat.com Caterpillar Inc. (CAT)
Flowers.com 1-800-Flowers.com Inc. (FLWS)
Flu.com MedImmune, division of AstraZeneca plc (AZN)
Gift.com J. C. Penney Company, Inc (JCP)
Icecream.com Nestle (NSRGY.PK)
Loans.com Bank of America Corporation (BAC)
Movie.com Comcast (CMCSA)
Movies.com Comcast (CMCSA)
Pets.com Petsmart Inc. (PETM)
School.com Office Depot, Inc. (ODP)
Tv.com CBS (CBS)
Video.com Disney (DIS)

Overcoming the Fear of Loss in Trading

  
  Education
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The fear of “pulling the trigger” stems mainly from the fear of loss. That same fear is responsible for 3 major actions or inactions that destroy traders:

  1. Cutting winners short. You take what you can and fear that if you don’t grab whatever small gains you have now, they would disappear.
  2. Keeping losers. You don’t dare to actualize your losses and hope that the trade will turn around.
  3. Unable to take every valid trade setup. You don’t dare to pull the trigger because you have associated the intense negative emotions of losing or the possibility of losing with being in a trade, so you escape from experiencing those feelings by not entering into a trade.

Psychology was never an issue when I was swing trading stocks, but has now become a major stumbling block when I am trading intraday futures. Hence I have just started to look into this.

All three psychologists mentioned the need to trade small. Other advice include doing visualization exercises, mindfulness exercises, and looking at the bigger picture.

I also found two resources with mindfulness training and a related webinar, links below.

Dr Brett Steenbarger

  • If it is due to lack of confidence in the system, back test and/or paper trade the system.
  • If it is due to fear of loss (Steenbarger calls it performance anxiety), do visualization exercises where you picture yourself in the stressful situation but doing the right thing and keeping yourself in the right frame of mind. Also paper trade and trade small. (more…)

10 Trend Commandments

  
  Education
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  1. You shall learn from successful trend followers to make big returns int he market.
  2. You shall follow the trend only, and have no guru that you bow down to.
  3. You shall not try to predict the future in vain, but follow the current price trend.
  4. You shall remember the stop loss to keep your capital safe, you shall know your exit before your entry is taken.
  5. Follow your trend following system all the days that you are trading, so that through discipline you will be successful.
  6. You shall not give up on trading because of a draw down.
  7. You shall not change a winning system because it has had a few losing trades.
  8. You shall trade with the principles that have proven to work for successful traders.
  9. You shall keep faith in your trend following even in range bound markets, a trend will begin anew.
  10. You shall not covet fundamentalists valuations, CNBC talking heads, newsletter predictions, holy grails, or the false claims of black box systems.

If you want news and entertainment watch Blue Channels, if you want to learn how to trade read AnirudhSethiReport.com

50 Trading Rules

  
  Education
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1. Plan your trades. Trade your plan.
2. Keep records of your trading results.
3. Keep a positive attitude, no matter how much you lose.
4. Don’t take the market home.
5. Continually set higher trading goals.
6. Successful traders buy into bad news and sell into good news.
7. Successful traders are not afraid to buy high and sell low.
8. Successful traders have a well-scheduled planned time for studying the markets.
9. Successful traders isolate themselves from the opinions of others.
10. Continually strive for patience, perseverance, determination, and rational action.
11. Limit your losses – use stops!
12. Never cancel a stop loss order after you have placed it!
13. Place the stop at the time you make your trade.
14. Never get into the market because you are anxious because of waiting.
15. Avoid getting in or out of the market too often.
16. Losses make the trader studious – not profits. Take advantage of every loss to improve your knowledge of market action.
17. The most difficult task in speculation is not prediction but self-control. Successful trading is difficult and frustrating. You are the most important element in the equation for success.
18. Always discipline yourself by following a pre-determined set of rules.
19. Remember that a bear market will give back in one month what a bull market has taken three months to build.
20. Don’t ever allow a big winning trade to turn into a loser. Stop yourself out if the market moves against you 20% from your peak profit point.
21. You must have a program, you must know your program, and you must follow your program.
22. Expect and accept losses gracefully. Those who brood over losses always miss the next opportunity, which more than likely will be profitable.
23. Split your profits right down the middle and never risk more than 50% of them again in the market.
24. The key to successful trading is knowing yourself and your stress point.
25. The difference between winners and losers isn’t so much native ability as it is discipline exercised in avoiding mistakes.
26. In trading as in fencing there are the quick and the dead.
27. Speech may be silver but silence is golden. Traders with the golden touch do not talk about their success.
28. Dream big dreams and think tall. Very few people set goals too high. A man becomes what he thinks about all day long.
29. Accept failure as a step towards victory.
30. Have you taken a loss? Forget it quickly. Have you taken a profit? Forget it even quicker! Don’t let ego and greed inhibit clear thinking and hard work. (more…)

Black Monday October 19th 1987 ,Dow Jones Lost 22.6% in Single session

  
  Education
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black_monday

Where were you on Monday, Oct. 19, 1987?

Today is the first time since 2009 that October 19 has fallen on a Monday, and that has me thinking about that day. 

For you youngsters, that is the day better known as Black Monday, when the stock market plunged 508 points in a single session. The Dow Jones Industrial Average lost 22.6 percent, the worst daily percentage loss on record, closing at 1,738.74.

The New York Times front page headline the next day asked, “Does 1987 Equal 1929?”

Anyone working on Wall Street today who is under 40 is unlikely to have any professional memories of the event. To you, I suggest reading “Black Monday: The Stock Market Catastrophe of October 19, 1987” by Tim Metz. It is the definitive account of the crash, including the key players, personalities, decisions, news flows and first-hand accounts of what happened that day.

Costly Mistakes!

  
  Education
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Oops!!A system’s purpose is to ensure that we do not miss a breakout when a real trend comes, because missing a really strong trend is lethal – so lethal that we are willing to pay the price of many small losses, just in case the real one emerges.

Each entry doesn’t guarantee a profit, in fact, each entry likely becomes losses. However, the odds is that if you follow it consistently, in the long run, you come out ahead.

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