Posted on 31 March 2008
Today we gain some insight from a finance blogger and trader. John Bougearel is the Director of Futures and Equity Research at Structural Logic. His blog archives date back to July 2007 and he presents topics in a well written and unique manner. His mix of humor with analysis ensures his blog is never a dull read. One can gain a great deal of insight from his blog. Using Dane Carlsons blog valuation tool his blog alone is valued at $23,710.68. I would strongly encourage you to have a read of John’s blog. Anyway enough from me lets here from John himself.
Trainee Traders 14 Questions
What is your name?
John Bougearel
How old are you?
47
Where do you live?
Outside Chicago.
What is your educational background?
BA of Religion St.Olaf
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Popularity: 3% [?]
Posted on 23 March 2008
Posted on 21 March 2008
The ASX closed early yesterday and there is as usual a mass exodus from the city. The pain of yesterday market falls completely gone :). Windows Service pack One for Vista has gone live so it is a perfect time to install it on your trading platform and make sure everything is running smoothly while the markets are closed. I have installed it on Windows Vista Business Edition last night and have noticed slight speed increases. Time will tell but this should make Vista far more solid.
I also found out today that I won a copy of Timothy Sykes new DVD on Penny Stocking. It is 6 hours length in total so it looks like it will be jam packed with quality information. I will post a full in depth review of the DVD after I have watched it. I read and reviewed Tim’s first book and found it to be truly inspiring, this guy never sleeps. As I take these next four days easy and relax you can be guaranteed Tim will be hard at work weather it be television appearances , radio spots, writing or dates with New York’s finest models :).
The Oakbank Easter Carnival
Easter time in Adelaide means it is time for the Oakbank races. It pulls a crowd of about 70, 000 people each year it is the biggest picnic race meeting in Australia. So instead of leaving you with a bunch of trading links for the weekend I will leave you with some pictures of Adelaide. Go out get off the computer and enjoy this long weekend if you are lucky enough to have one.
Images
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Popularity: 2% [?]
Posted on 19 March 2008
This is part five of our Microsoft Excel Tutorial Series, if you haven’t read the previous articles you can find them here:
An Introduction to Microsoft Excel 2007
The basic’s data entry and navigation
Importing Market Data from Yahoo Finance
The basic’s of charting market data the line chart
Today we will be looking at bar charts and the two built in Excel versions of bar charts. Normally a bar chart will display open, high, low and close however in Excel the built in bar charts only display high low and close.
Bar Chart
The image shows a single bar for a given time period. The horizontal line on the left hand side of the bar shows the price at which the given security opens at. The horizontal line on the right side of the bar shows the price that the security has closed at. The height of the bar shows the range that the security traded between for a given period.
In the standard bar chart in Excel 2007 the closing price is highlighted with a triangle or an X rather then a horizontal line.
As with the previous article we will be working with our Microsoft End of Day stock data imported from Yahoo Finance. The first step is to open the MSFT.xlsx spreadsheet in Excel 2007.
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Popularity: 3% [?]
Posted on 17 March 2008
The readability of text or in this case blogs can be assessed in numerous ways. Readability algorithms attempt to measure the grade or level required for a person to comprehend a text. Common factors used for evaluating readability include:
- Number of words in a sentence.
- Number of syllables per word.
- Usually algorithms also include a syntactic factor and semantic factor.
Using the Blog readability tool I have tested 39 finance Blogs and the results are shown below. I am not sure what particular algorithm the site uses and some results seem very surprising. The results are ranked from elementary school level to genius level, I am not sure if it is better to be more readable or more technical? The rankings are listed below:

Elementary School Level Read the full story
Popularity: 12% [?]
Posted on 13 March 2008
Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
No doubt you have heard about or probably even read Nassim Taleb’s Fooled by Randomness. It definitely is a classic and a must read for any trader. Taleb is an experienced derivatives trader, holds a MBA from Wharton and a PhD from the University Paris-Dauphine and is the founder of Empirica Capital LLC. Given the authors extensive technical knowledge it refreshing to read a book that is accessible to readers of any level.
The book is separated into three key parts and the contents are outlined below:
Preface and Acknowledgments
Chapter summaries
Prolouge
Mosques in the Clouds
Part One: Solon’s Warning - Skewness, Asymmetry, Induction
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Popularity: 3% [?]