Thursday, August 25, 2011

The person behind the Lighthouse

I think I now owe people a brief introduction into what happens behind the scenes and who the obstinate prick is who blasts confronting Twitters interspersed with timely and valuable trading advice that often makes a lot of financial return (for those who chose to listen). I'm also @trends_trader and @trader_exchange on Twitter.

Surprisingly, I am a well balanced family oriented individual. Well balanced in that I proudly have a chip on both shoulders, I can dispense both subjective and objective criticisms and have a very healthy passion for deriding bullshitters and hypocrites whenever we are unfortunate enough to cross paths. However all of my time is consumed with mainly 3 things: financial planning and trading, our gorgeous 2 year old disabled daughter and sleeping. Everything else fits within or is done without.When it suits, we holiday around Australia in mostly very remote places, but the care for our daughter's disability takes the front seat above all else. She is why I do what I do.

So what happens here? I extract trends and correlations from gathered and collated data around the globe on all Australian and US equities; global index futures, exchange data, commodities, energies and currencies. It's just me, and only me for company. The hardest part has been divorcing myself from the media and public emotion. Once done, life really does take on a whole new clarity and to be poetic (only briefly) it is both beautiful and simple. The path to get that understanding is anything but.

The following is what is covered in any given week -
  • Currencies - majors and crosses - data usually back to 1978
  • Commodities (metals, ores, energies) - incl gold and silver
  • All equities of Australia and US listed
  • All global indexes
  • Major economic data around the global (data only, none of the news)
  • Libors plus Shibor, Tibor, Hibor, and Sibor 
  • Shipping data (90% of world trade travels by sea)
  • All available OTCDerivate data (typically very delayed)
  • Included COT data and trending and analysis
If you've read the few posts below,you get a taste for what was started out. I'm an Electrical Engineer with power systems and control systems qualifications. Sadly, I have fallen in love with the mathematics of financial capital flows and group behaviour. I trade daily with my own and family capital. Time is rarely available to keep this blog up to date, and most of what I do is too complex to post anything meaningful.

The most valuable lesson I've learned (repeatedly the hard way) was to wait. Timing the right entry and exit, and know as best you can where you are in any given trend. It is just as profitable to be not trading when I am unsure, as it is to be trading when I am prepared and satisfied. O% return is exactly 100% profit on a 50% loss when you lose half your capital by not knowing.

Anyhow, everyone has a story to tell and this in mine.
Luck is for the unprepared. Fortune favors the prepared mind!

Regards,
PW

p.s. if you want to contact me with suggestions or queries try sending an email to [trader DOT exchanges AT gmail DOT com]. It gets checked once a week depending on traffic and I'll answer all legitimate requests.