Thomas Ryan, CEO of Doddsville Investments (http://doddsvilleinvestments.com/), received his B.S. in Finance from Tulane University in 2000, and an M.B.A. at the University of Miami in May 2008 with a concentration in finance. Mr. Ryan approaches markets with a broad view of the economy, relatively simple investment themes and his analysis is not restricted by daily or weekly trading trends that sometimes plague financial institutions. He has traded his own portfolio with the same macro viewpoint he will use for the Fund. The Fund’s investment objective is to maximize long-term total returns, in variable market and economic conditions, while emphasizing preservation of capital. Over the past several years, the General Partner has been developing and refining a top-down macroeconomic approach to identify securities and indices that would be suitable for opportunistic investment. The General Partner focuses on general economic conditions in the United States and abroad, and based on broad themes and trends, analyzes whether certain pockets of various markets appear over or under valued, thus presenting opportunities to capitalize on imbalances. The General Partner’s strategy is directional, meaning its investments will be selected to go in a particular market direction and not be “market neutral.” As part of its macro-level approach, the General Partner incorporates both “qualitative” and “quantitative” principles to identify market conditions, entry and exit points and trading ranges and patterns with the goal of identifying attractive investment opportunities. For instance, it will qualitatively evaluate whether unrealistic assumptions are built into certain indices or pockets of the market and then use a quantitative approach to drive and monitor particular investments selections.
I love options trading, because strategy and psychology wise it is so similar to the highest competition in sports: develop mindset, defensive positions, choose and execute strategy...
With a new kid on the block - binary options - we have now a real fun on our hands. Terms CALL and PUT in binary options field has different meaning than in trad. options trading. Binary options still don't have flexibility of iron condor, where you run 2 spreads at once and then buy back one leg which -> 0. Choosing debit or credit spreads depends on your view about direction of your traded instrument. Hope binary options will add some excitement to everyone.
I am open to listen to your experiences and share mine. This site looks and feels like a nurturing community, where you may discuss back and forth your questions and concerns...
More details on me and my interests are at www.artum101.info
I'm 29 years old, and am married with three children. I work as a Corrections Officer, and am attending college online for a degree in Financial Services.
My investing history started off pretty rocky, with several false starts. Most people probably would have given up long ago, but today I'm so thankful that I just kept trying.
I bought my first stock when I was about 13. I wanted to buy MTV or Mtn Dew (I was 13), but the "Advisor" talked me into some POS high spec bio stock. Here's the shocker - the bio stock blew up, and I lost about 99% of my whopping $100 investment.
I gave up on stocks until I was about 23 when I heard of ShareBuilder's low commissions and dollar cost averaging. So I plowed a couple hundred bucks into my SB account buying $25 worth of stock at a clip. Of course the commissions ruined me.
In late 2008, I became intrigued by some of the huge stock "sales" going on (GE anyone?). I added another several hundred to my account, and proceeded to deploy it all well before the bottom. Most of that money was wiped out when I capitulated in early 2009, shortly before the bottom.
Throughout 2009, I became increasingly interested in the stock market. I continued to deposit money into my trading account. I also started learning everything I could about investing. In one regard it worked, my stock picks were profitable (although it was during a great bull run). However, I had also learned about options. This led me to SogoTrade. I quickly managed to undo all of my stock wins with option losses. I was making the standard option noob mistakes - buying OTM front month options. However, I kept studying all I could about the markets.
Finally, in late 2009, it all started to come together. I had gained a great knowledge of investing in a short time. I also found out about spread strategies. This was my ticket. Now however, I needed a place to trade these simple and complex spreads. Once again, I changed brokers. This time I moved to thinkorswim. It felt like all of the pieces had finally fallen into place.
Throughout 2010, I have continued to learn, both by traditional resources, and by trial and error. I have been applying these lessons to my trading, and have created a set of rules based on what I've learned. I am still learning, and hence still making minor adjustments to my rules. So far they have been proving themselves under fire. During a very volatile period, I managed to rake up a nice profit. This hasn't just been chump change either. I'm way up for the year. Hopefully it's not a fluke, but the only way I'll know is to keep plugging away at it.
My portfolio is now divided into four segments:
10% Speculative short-term plays. All have time frames of a few days to 1 year. The strategies vary widely, and include contrarian plays, momentum plays, fundamental picks, and potential catalyst plays.
20% Core Holdings - Stable large cap stocks with good yields that I can sell calls against.
20% Cash - For adjustments, and panic induced bargains.
50% Income Trades - Mostly Iron Condors, but I'll also trade Calendars and Butterflies.
Blogging as http://investingcomments.wordpress.com on occasional basis. Started investing in 1974. Have seen many ups and downs. Overall, quite successful, though not fabulously. I have done better than market, in the final analysis, but not consistently. In the process, I have accummulated a great deal of information and knowledge, having read hundreds of books on investments, from all sorts of angles. I have traded stocks, options, futures, commodities, indexes and so on. Currently I have become an intermediate term investor, focusing on ETF's, in the main. I have taught personal finance and investing at college level. I have been an educationist all my life, now retired as an emeritus professor of philosophy and religion. I believe personal finance should be a required course in all higher education programs.