Random Walk Trading.com
Wednesday
December 31, 2014
1-855-RWT-0008
Prepared by the good people at Random Walk, LLC.
HAPPY NEW YEAR ! !
Everyone at Random Walk graciously extends a warm and loving wish for a happy new year. Stay safe out there on the roads. Live to trade another day!
2015
We have a LOT of cool things coming out in 2015, but the office is forbidding me from opening my mouth. I can give you a hint…..It all stemmed from student’s suggestions.
We will let you know in a week or so when we have all shook 2014 out of our heads.
1 MORE YEAR
LASTLY ā I have signed up for one more year, most of because of the great students we have. I really enjoy you, and will quit the moment you do.
Great Morning !
Closing Prices From Yesterday
I reported that there were no numbers until Friday. The source I get this from is broken and/or run my morons. My bad for believing them.
Yesterday and Today
Yesterday
Another quiet day, but this time it was a bit of a surprise to the downside. A modest sell-off of 55 points was seen in the Dow, yet the USD was down so Russia ran higher.
TODAY
You have to think today will be an opposite move of yesterday with today being the last day to buy some stocks and sell others for the end of the year. Who knows, though, as this has been a strange 90 days.
POT Tuesday
A different POT class last night, but a typical last POT of the year. We talked about an overview of 2014 and outlined the changes being made to POT for 2015. They are (in part) as follows:
BOOK
A book chronicling the year will be written starting Friday and continuing through the year. This will be a stand alone text that outlines what was going on in the markets and the overall strategies being used. In addition we will be addition bonus write ups.
Don’t ask me what it cost if you are not in POT. The only price decision I ever made was to lower prices when the 2008-2009 fall started. I had no idea I would be putting other companies out of business. I just wanted to do the right thing and have the company share everyone’s pain.
It is OBVIOUSLY going to be FREE to everyone who participates in the majority of POT through the year.
GOALS
We are deviating from the platform we have been working from for the last few years. To date we have been trading very conservatively compared to what I am use to. It has been somewhere between Terry’s style and mine. We will move a little more to my side of the street with slightly more aggressive trades when the time warrants ā like high volatility situations, riding a big trend, jumping from hot product to hot product (corn, crude, stock, etc.). I suspect I will be more focused on the downside this year as well. After 18,000 I think we have more risk of falling 4,000 points than going up 2,000.
ACOUNT RESET
We will be resetting the account to $100k as we do every year, so we will have to take 109,000 out.
WRITE UPS
When I know a number, event, etc. is coming out I will be sending an update ahead of time with a number assigned. I will explain ahead of time āIf the stock does this I am going to do this, and if the stock does that I am going to trade thisā. This will speed up the updates.
AND MORE
