iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,433 Blog Posts

BEHOLD: ChessnWine’s Weekly Strategy Session

Coming soon to the friendly confines of iBankCoin, ChessnWine will be offering a premium service, at a lite price, recapping the previous week of trade and looking ahead. It will be published and/or emailed once per week and will be very comprehensive, useful to all men and women who take pride in knowing things about the stock market.

 

Chess highlights what the new service will encompass.

 

  1. The price action of the prior week of trading, with a brief recap.
  2. The leaders and laggards of the market.
  3. The psychology of the market involved at the moment, including analysis of sentiment.
  4. Emphasis on managing risk and all of the potential pitfalls relevant to the current market, such as navigating through earnings season.
  5. Objective technical analysis largely using price, volume, moving averages, and candlestick theory.
  6. My current market posture and how to best express that opinion through portfolio allocations and trading discipline.
  7. Potential scenarios that, if they materialize, would change my current market posture.
  8. Key price levels to observe on the major indices.
  9. My best long and short trading ideas for the week ahead.
  10. A relevant and significant quote or saying from a legendary trader, such as Paul Tudor Jones.

Bottom line: more than a thousand of you are PPT and 12631 members: I appreciate your confidence and business–as always. This new service will come at no additional expense to the gentlemen who are already members of the 12631 league. Consider it a sneak peek into the ongoings of 12631, for the uninitiated, averse to making longer term commitments, scared to subscribe to premium services. You will have the ability to join on a weekly basis, cancel when you like, while eating iced cream–if you so choose.

Knowing Chess for several years now, I find myself thoroughly impressed with his market acumen and work ethic. He is a consummate professional, who goes the extra mile for all of his members, without committing felonious acts of rage–while high on fucking bath salts, and such.

Providing the stars align in their proper places, this service will be available for purchase on Friday.

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19 comments

  1. xxxHuggieBearxxx
    xxxHuggieBearxxx

    If i had time to trade responsibly, i would buy it.

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  2. Mike

    what about ppt members?

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    • The Fly

      Anyone can sub. But it’s free only to 12631 members, who are also members of The Ppt

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  3. Multatuli

    Nice deadlift! I like the reverse grip instead of using “straps”. It looks like you are holding your breath during the lift though…….Yeah, it makes you stronger, but not good for the BP……..Keep breathing…..better for the heart and brain (and eyes) in the long run…………. Stay strong,

    Mult.

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  4. James

    I love deadlifting also. Great exercise. My 2nd favorite right after squats.

    Anyway, I find it amusing that the box is photoshopped on the still frame. Ya know, if you’re gonna have a 12631 box it should read 12631 during the vid as well. 😉 Peeeeeace.

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    • The Fly

      James

      This was one of several vids that were submitted. What you fail to realize is nothing in that video was photoshopped.

      It was magic!

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  5. Hawaiifive0

    As a member of 12631, I can tell you already that chess out does himself every week with these Strategy sessions!

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    • Sergeant Smiles

      I second this. I was a piker a couple months ago, and the detailed Sunday evening posts that Chess did really put the upcoming week in focus. Levels to watch for indices, potential buys in an up week, potential shorts on a down week, and general confidence in said buys/shorts. Chess drops great knowledge in these posts.

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  6. Rhino

    So, you want me to video my doing my 500lb madness? I got it.

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  7. Vegastrader

    Look forward to the added service. Member of # 12631 since day #1

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  8. Sur Platonic Platueu Du Tecnocrats, B.R.A., D.J.D. upon Rookness.
    Sur Platonic Platueu Du Tecnocrats, B.R.A., D.J.D. upon Rookness.

    BRA sayeth thus: T-Minus earnings seconds to $MGM blast off.

    This space $hip is leaving the station.

    Get on board, or make paper airplanes.

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  9. TraderCaddy

    Fading and short SMH @ 33.21.

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    • TraderCaddy

      Covered.
      Break even and done, although , NAZ large caps sucking wind here.

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  10. flyaway18

    Bonds are falling here, this rally looks really fine right now.

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  11. flyaway18

    Looking for an opine here – NLY and AGNC are falling pretty hard here – they comprise almost 40% of REM, would you be a buyer of REM here on this dip? I’m already long.

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  12. Sur Platonic Platueu Du Tecnocrats, B.R.A., D.J.D. upon Rookness.
    Sur Platonic Platueu Du Tecnocrats, B.R.A., D.J.D. upon Rookness.

    Also.

    Silver has finally overcome it’s triangle.

    Perhaps it retest and bounce first.

    Some fundamental catalyst required for it commence a longer term 3rd wave up.

    $50 is hoped for in $SLV. 2012? #Idk

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