TRADERSMARTS: Happy Father's Day!!!

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Sunday, June 21, 2009

Happy Father's Day!!!

Happy Father's Day to all the Fathers out there...

Posted by TraderSmarts at 6:51 AM

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About Me

TraderSmarts: Seattle, WA, United States; I am an independent trader based in Seattle, WA that specializes in trading the YM emini futures contract.With a noted psychologist who developed multiple personality tests and who is credited with bringing modern statistical analysis into the field of psychology, as my father, I grew up with an interest in logic and reasoning. This naturally led to an interest in the financial markets and how they worked. This interest was enhanced when at the age of fourteen I experienced and became fascinated by the 1987 market crash. It was then that I realized the importance of and set out to study crowd psychology. In 1994 at the age of twenty-one I wrote my personal mission statement: “To trade stocks on small short term price fluctuations for monthly income and reinvest a percentage of that income in long term growth companies for capital appreciation.” Fifteen years later, and incorporating futures and options as an integral part of the plan, I am still adhering to that mission statement while trading multiple accounts. I currently reside in Seattle, WA with my wife and three young children.

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Risk Disclosure Example: Futures trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure Example: Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results. Full Disclaimer and Terms Of Use

Risk Disclosure: http://bit.ly/ksir