Trade Dojo

I came across this really interesting blog: http://www.tradedojo.net/

He looks at the same funds as I am. I came across this interesting story:

I was reading an article about a fund manager (Bob Chapman), who went on an excursion into the Cambodian jungle. While they were out in the bush, he was confronted by an aggressive group of apes. Seeing that the apes were baring their teeth and getting ready to pounce, Bob also bared his teeth and ran full speed at them screaming at the top of his lungs. The apes, no doubt startled and unaccustomed to this type of action, immediately ran away. When asked about it later, he said it was just his first instinct. Only a great trader would think to do that.

FAS and DXO

Hello!

The 2 stocks I am following the most at the moment are going down again. FAS is down 15% today to 8.34$ as we speak. The DOW broke the 8,000 ceiling and I think I will wait to see when it is going to start going up again because it seems a little too volatile right now. At 5$, this would be a great buy.

On the other end, DXO is down 7% today to 2.37$ as we speak. The futures contract on oil are going down as well. This is one that will be a great buy soon if it breaks 2.00$ again. Oil has to start going up again. The only worry I have are the banks backing up those stocks because if they go under, those ETFs might do as well...

Let's keep an eye out for those two stocks.

Goals for 2009

This is the most important post of the years, which are my goals for 2009 which will outline what I want to achieve this year. It is broken down in 3 sections, based on a template from the 4-Hour-Workweek (4HWW). Click on the title if you're interested in the book.

Goals:

Having
-Promotion at my job (I am a sales rep and want to move up to the head office)
-Start an affiliate marketing sideline (more on that later)
-Portfolio generating more than 5% per month
-A score of 680 or better on my GMAT exam

Being
-In excellent physical condition and improving my cardio
-Able to navigate a sail boat
-Able to play a round of golf under 100

Doing
-Advanced salsa lessons and beginner tango
-Jump with a parachute
-Travel to Buenos Aires (Argentina)
-Travel to Amman (Jordan)

This is the first step in achieving Freedom 30!

FAS and FAZ

Those are two ETF that are quite volatile. FAS trades at 3X Bullish and FAZ is 3X Bearish. So today, FAS took a big it and fell almost 30% and reach a new 52 weeks low while FAZ was up 30%.

Looks like Obama inauguration speech today did not help the market. If you think markets will be going up, it might be a good time to go in FAS, it is bound to go up at some point but can still go down.

Blogs that I read

Third post of the day, I'm on fire right now ;). I put up the blogs that I like to read.

My favorite one is by far the Blog of Author Tim Ferriss, author of the 4-Hour-Workweek. This is my big inspiration to achieve Freedom 30. Every post is useful although it is updated once a week I believe. The Million Dollar Journey relates the adventure of someone in quest of its first million and he comments on the steps he is taking in order to achieve his goal, lots of good information. Zen Habits is a great blog in order to improve your lifestyle and live a more zen life.

43 Folders will give you tools in order to be more organized and finally, Les incroyables aventures d'Alex en Asie is my first blog (in French though) which I wrote while I was travelling for two months in South-East Asia in the summer of 2007. It won't be updated but worth looking at if your thinking about travelling in this wonderful part of the world.

Good reading!

Stocks Worth Watching

Hi,

I just added a gadget to follow different stocks and ETN I like to keep an eye on. An interesting one right now is DXO, which goes Double Long on oil futures contract (tracks the DBO index). 6 months ago, it was as high as 30$ (although there were no volume of trading). Now it dropped all the way down to 2$ and is trading today at around 2.60$. Two weeks ago it did rise as high as 3.50$.

While I do expect this stock to go up again (oil is bound to go up in the long-term), I think that it might go down as well. Anywhere under 2$, this is a great buy and I would not even hesitate investing all my money into it. At 2.50$ it is a risk but within the year you still should be in-the-money.

There you go!

My First Post

Hi and welcome to my blog.

I have a huge list of goals to achieve for 2009 and an even more impressive list to achieve by 2014 in order to achieve Freedom 30.

I encourage you to come check where I am in my journey to achieve my goals. I will post all the different steps and many travel experience I am definitely going to embrace along the way.

Freedom 30, here we come!!!