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I have 20 years experience as an independent trader, focusing on ETF's. I am a proud grandfather of two boys. I value people above money, and money above things. I like to view the markets in abstract ways; this prevents me from making investment decisions based on the emotionalism of money.... More
  • Stock Market: part Poker, part Chess, part Treasure Hunt, part War 0 comments
    Feb 5, 2010 11:51 PM | about stocks: COW, EOD, JJG, XOM

    Today is about how I view the stock market compared to Chess. In Chess, you need to make the Best Move on the board, not just a good move. I inspect the markets like I inspect a chess board. I study the fundamentals, technicals, ask myself if I'm getting the right price, and if the trade makes sense. I'll end up with one carefully chosen stock and amount of money to invest. Typically, once a week, I find what I believe is the best move on the investment chess board. I hope you find yours too!

    Disclosure: No specific positions mentioned

    Stocks: COW, EOD, JJG, XOM
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