Funny could be the description of today’s action … if one would not lose money on it
You are right on US markets, right on central bank decisions, right on Helicopter Ben, see the US charts correctly, the FESX does nothing, which could cost you money, you read earnings well, US figures are ok … BUT […]

What we are experiencing now … the first days of 2008 … is exactly that, what we call in a daily sense the “Amateur hour”. The first hour of trading, where all the amateurs buy and sell and wrong positions get closed/stopped out. And as we know, it is the hour, which the professionals use […]

May be I should call it a “service-announcement”
As I have a life … and my kids and my wife will be at home until January, 6th … my next regular post will be Monday, January 7th 2008 …
NExt Friday we face options and futures expiration … this bundled with low volume due to […]

As I received emails, asking me about my approach towards the results … here the answer
First … thank you for asking … I appreciate every question which is helpful … for me and as well for others …
(please use this e-mail —-> Oliver1414@gmail.com)
My idea is … the Dax trades around 7500 points … […]

PRE MARKET SHEET
Situation:
U.S. Markets (up/down and probable reason)
Asian Markets (up/down, new influences?)
Currencies/Commodities (new influences compared with revious European Close)
Events (overnight/expected during upcoming trading day)
Dax (supports/resistances based on technical stuff)
Ideas:
Where to buy/sell ONLY for ME…MY RISK PROFILE, MY BANK ROLL …
N O T (!!!) Y O U R S!!!
Where to “give up” … STOPS …
AFTER MARKET […]

What I will do … at least try to … as time allows
PRE MARKET
- analyze the situation … shortly
- putting numbers to my thinking process … supports/resistances
- trying to express … not always … a confidence level to that … might fail BIG TIME
- all in all FOR ME!!! … a guide for each […]

The sense of this exercise is …
- to discipline myself … how often one has the right idea and then … does not follow through.
- to show to myself, whether my ideas are worth what I think … or are just born by some funny things, my brain wants me to believe … Behavioral finance […]