iBankCoin
Joined Jul 30, 2008
2,107 Blog Posts

Hi All, Back to Trading

Thanks for waiting around!  It has been one of the craziest week… no, craziest month in a long time.  This past weekend was my grandmother’s funeral, so I was busy with that- funeral arrangements never go smooth, and a bunch of relatives came in from all over the world, and all they do is fight… for those of you who handled family funerals, you know what I mean.  Then there was my father, who is like some kind of mafia boss in our small town, and he was in the hospital for over half a month fighting for his life.  So much drama there… he took us in the room then started to read of his will… that pissed me off so I told him to shut up.  I told him quit being weak, you’re not going anywhere.  I was tired of him giving up, and I guess it worked because now he’s out of the hospital watering plants and feeding chickens and stuff.  Strange man.  So yeah, that’s where I’ve been these past days.  Sleeping in the hospital, taking care of out of town family, and taking over my father’s clients for the moment.  I really haven’t had time to mourn over my grandmother since this weekend, but I’m glad I did because now I feel like a heavy load is off my back.   For now, I just hope and pray that my father’s health improves so that he can get back to his normal life… wait, his normal life was unhealthy.  Get back to something else.

And all this while, the market has being tanking and panic-buying here and there, and I missed it.  These volatile markets are usually my playground, so I was kind of bummed out.  That’s okay though, because I see a LOT of short term trading opportunities that should last a few months, and plus, I feel no guilt since I can honestly say I did all I could to take care of my father, and help with my grandmother.  From my experience, it looks like we get about 4-5 trading days in one month that are well worth trading.  I’m excited about that.  However, as always, after taking long breaks from trading, I only let myself gradually get in the market.  It’s a tough tape, so we should all be taking it slow anyway until you get a good feel.  I do believe in “the zone” when it comes to active trading.  Just wait, you’ll get it!

Anyway, I’ve learned so much about life in the past few days.  Applying it is one thing though.  But it’s great to be back on the internet.  If there’s anything about the market (sectors/stocks) that I should know about, I would appreciate an update to get me up to speed.  Take care all!

-gio-

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11 comments

  1. moiliili quarry
    moiliili quarry

    Volatility in real life, you handled well, Mr. Gio. Taking care of our parents, grandparents is a blessing both ways. You did good bruddah.

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  2. Dr. Evo

    Glad you’re back!

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  3. MOOBER

    Really glad you are back.

    Market update? Hmm… Market sucks. Jake still likes gold (gawd!). Fly sold VXX, and is now rich-er.

    I’m dry humping a couple of names, ATPG mostly. Moderate success.

    Lots of inflation, except for all of the deflation to balance it out.

    Europe is ghey, but you knew that.

    You know, the usual.

    Welcome back.

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  4. Mr. Cain Thaler
    Mr. Cain Thaler

    I’m glad for your father’s recovery and sorry to hear of your grandmother. Best of luck going forward, sir.

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  5. lindsay

    So glad to hear your dad is doing better.That’s wonderful.

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  6. BernieCornfeld
    BernieCornfeld

    Glad to see you back. Everyone else have given a very good synopsis!

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  7. finclyde

    good work with your dad, that what it’s all about, f$%^ the market, take care of your own

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  8. Hawaii Five0

    Glad you’re back Gio.

    And I hope your father continues to be well.

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  9. Hawaii Five0

    Gio,

    As you and I are hanging out on these here rocks in Hawaii, I thought that maybe you would enlighten me as to your trading approach.

    I have just transferred my money from the Profunds to e-trade, so that when the money arrives I should have a greater flexibility in my trading approach.

    Previously, I had to trade an index or a sector at the end of the day to enter at the beginning of the following day, and stay in for at least that day.

    And while I should have more possibilities for types of trades as well as times for trades, I really don’t want to get up at 3.00 am and/ or hang on my computer all day.

    As such, when you have the time, I’d like to get some advice about how you handle the time difference and how you approach trading here in Hawaii.

    Thanks in advance and again I hope all is well with you and yours..

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  10. Dr Fly

    welcome back

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  11. positiontrader

    Glad to know your father is doing better!

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