RunawayTrader

Adventure Travel Meets Online Stock Trading

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Entries from May 29th, 2008

Absence Makes the Heart Grow Fonder . . .

May 29th, 2008 · No Comments · Uncategorized

So says Latin poet Sextus Propertius. And since the market has been so flaky, I also became flakier and took an extended Memorial Day break without a lick of trading. And that’s a good thing since it’s been harder than hell to make a buck, and easy to lose many. Of that I can candidly [...]

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Wow! This is awful. Oil Rules the Market

May 22nd, 2008 · No Comments · Uncategorized

No, I don’t expect $12 gas at the pump very soon, but nevertheless, oil prices will continue to dominate market news, sliding indexes, and my profitability in the near future.
I got caught big-time with the Tuesday meltdown and I haven’t recovered yet. My absolutely-positively-can’t-miss trading scheme turned into a blubbery mass of crap along [...]

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You Can Runaway—But You Can’t Hide

May 20th, 2008 · 1 Comment · Uncategorized

A timely article in my daily hometown rag touched a receptive nerve in Runaway Trader.

Minneapolis StarTribune writer Randy Salas noted, probably without meaning to do so, that new millenium technology has enabled us to stay in touch with everyone, everywhere, all the time. And that is both good and bad.
Sure, you can keep track of [...]

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Day #1: Score Two of Two Day Trade Winners

May 19th, 2008 · No Comments · Uncategorized

While the point of this blog is not to teach you how to day trade (there’s already plenty of those websites) nor brag about how much money I’m making, or losing. But, since I mentioned in a post yesterday that I was testing out my hotshot day trading system, I thought I’d at least mention [...]

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The Seven Day Trading Mistakes You Simply Must Avoid

May 18th, 2008 · 1 Comment · Uncategorized

Now that I have your attention, I have a confession. I just lied to you. This rant is not about day trading mistakes. It’s about stock trading articles on the Internet that craftily try to separate you from your money. I call these articles Internet Infomercials.
For those of you who don’t know me well, in [...]

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Giving My Million-Dollar Stock Trading Plan another Test

May 17th, 2008 · No Comments · Uncategorized

I’ve spent the weekend gathering stock market data to see whether it’s time to trot out my famous big-buck day trading program, the one I put on a back-burner when the market soured a few months back.  
If you recall, I wrote about this mysterious scheme this winter, remarking how it chalked up something like 38 [...]

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Yippee Skippy—The Sky is Falling!

May 16th, 2008 · No Comments · Uncategorized

Stock market Fridays are always a troublesome day to trade stocks. It seems that most Fridays trend down and if that’s true, then the high-low range of most stocks is decidedly narrow and making a buck is all the harder.
Although today isn’t over yet, it appears to be following true to form. The Dow is [...]

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BIDU and FSLR are Too Hot for Me to Handle

May 14th, 2008 · 1 Comment · Uncategorized

This is getting reminiscent of the nerve-rattling dot-com days. If you weren’t around back in the 90s, that’s when – if you were good – you could earn enough money in a single week of trading to buy yourself a second-hand Bentley. But of course, if your trading was a trifling off (the operative word [...]

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Uh-oh—My Web Host Stood Me Up

May 14th, 2008 · No Comments · Uncategorized

While it’s not on a par with being stood up for the senior high prom (I can actually attest to that), being jilted by my Internet host does launch feelings of major annoyance.
 
In case you missed visiting my blog yesterday, you didn’t miss anything since my Web host pulled the plug on my site, [...]

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I’ve Got to Get Out of Here!

May 12th, 2008 · No Comments · Uncategorized

I’m beginning to feel a lot like the “at-home” Runaway Trader, if there is such a thing, stuck face-first in a 17-inch monitor eyeballing the mind-numbing zigzags of a half-dozen stocks. What a bore—even though I’m making money. 
 
I was reminded of my dilemma by a kindly blog visitor who sent me a nice email saying [...]

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