i'm back for like 5 mins...

...just to say i'm going away again

taking a vacation back to europe. bunch of cities i didn't manage to make it to in 2009. finally, a break!

closed all my trades. performance is +16% ytd. not eye-popping, but at least it's not in the red!

alright i'm outta here bye.

who moved my money?

so, i've been working for a coupla months now, and i'm sorta wondering where my money went.

a soft estimate for a budget breakdown (post-CPF) looks something like:
18% - parents
29% - alcohol / hanging out (but mostly alcohol)
07% - daily F&B
03% - transport
14% - cash balance at month-end
-----
71%

...

I was trying to account for the remaining 30% or so, and then i realised i'm squirrelling away all the money into the markets. It's kinda like the silly creatures that bury acorns for the winter, who then forget they have pockets of goodies stashed away underground.

then they die and someone else comes and sneaks all the good stuff away. whut the fack!

...

i also think that the alcohol attribution should be cut.

Jan Fx Performance

Performance (Equity) 2011/01: +6.9%
Performance (Cash) 2011/01: -9.8%

God Bless Saturday

We let it rock, and keep the drinks pourin'
We let it roll, until the early mornin'

Lunchtimes

are not for meeting friends. too short to have fun. and you spend so much time travelling just to meet up. meetup over a drink after work. better idea.

merry xmas,

but seeing how it could all fall apart

Trend Following

The one aspect of my life in which I have submitted to being part of the masses is trading. Trend-following is probably the simplest way there is to passively siphon off cash from some sucker's account into your own. Especially for dim and lazy people like myself.

I'm sold. My deepest drawdown this year was about 50%. I don't know how I managed to claw it way back up to ground zero, before going on to turn a profit, but it happened. Thanks to the euro mess part I in July. Then QE2. Then euro mess part II over these few days.

30-pip moves? Pffft. Get out of town. Let's go for serious 200, 300, 500 pip action.

Btw my bloomberg terminal has been shopping-carted. By next week I'll have 4 screens in front of me force-feeding data into my brain at any minute of a trading day in the office.

After-Party

One of the best things to do after a party is sit around with everyone else from the night before and piece together a complete play-by-play of the events. Puttingthe entire messed up story together from beginning to end with multiple perspectives is the most hilarious thing. Surely, it also helps to have a camera.

Life

Treat every moment as if it were your last.

In the past weekend, I nearly died in a traffic accident that would have been entirely my fault.

"They say I'm cocky...

... and I say what???
it ain't bragging motherfucker if you back it up!"
-Golden words of wisdom from Kid Rock.

On a side note, I'm evolving into an asshole. I'm not sure if I can pinpoint when it began to happen. In fact I probably can't even say I am currently evolving, because I already am one. What I'm doing is simply maturing into a deeper asshole. The phase I'm undergoing can sorta be compared to a puberty of assholes.

That makes me very happy. But also, time to halt this development.

Means to an End

How would you feel...
if you finally landed the job you wanted since way back in freshman year?

Been getting away with too much luck all my life.

Take Profit AUDUSD Crncy

AUD/USD pair has been on steroids in the past few weeks. It's now flirting with the all time high, at resistance set in July 2008, at a level above 0.99 to the dollar. Well think about it, this basically means parity to the USD. I think sell la. Enough profit already.

Pity the Fool...

... Who isn't long on something right now!

Welcome to the 4Q rally, fool!

Drawdowns

From a drawdown of 50% on my equity at the beginning of September, I managed to claw myself back up to square one by the end of the month. Phew! Longs on EUR/USD, AUD/USD and GBP/USD paid off. Shorted USD/CHF but this was stopped out with stop loss order (though while in the black, so no complaints).

One exciting month.

EUR/USD has busted 1.37. I dont know what to think anymore, but heuristic biases should be ignored; just follow the trend (though the gap from the MAs are widening like crazy).

The 2010 Bull Run

Don't you think the fence in the Ferrari picture looks like Bloomberg auto-regression bands?