Posts from the RMBS IV Message Board….

Great stuff while we wait endlessly for the HJW to bring the hammer down on Hynix and Samsung.

Coach BD

continue reading "A Little Expiration Week Humor"

Cramer is actually doing a show on something really important and one of our primary goals with The Trade Coach Investing and Trading Educational Service.

How NOT to lose money and playing defense.  The first thing all professionals evaluate first.

Coach BD

continue reading "Alert - Cramer"

Below is a response I posted to the IV RMBS Message Board to an off topic (OT) post about tax rates in the Clinton administration vs our current administration.

Please feel free to comment, we all learn something about investing from these types of discussions though the lesson may not occur to us until sometime down the road.

Coach BD

continue reading "Personal Commentary - Taxes & Politics"

Just experienced our first good shake since moving here in 1996… 5.8 about 20 Miles east of our office in Hermosa Beach. Shook for about a minute, and then our building near the beach felt like a boat floating on calm seas for another minute or two.  Pretty weird feeling.  Our building is built on sand so the liquefaction effect produces wave like effects during a quake.

Got our adrenaline going pretty good… Yikes…!

Coach BD

Tiger does it again, despite the super-human effort by 45 year-old Rocco Mediate…  giving all of us older guys a reminder that we can compete against the best, and/or those who have all of the advantages, and stay right with them…  even though we may not end up ”the” winner.

Congratulations to Tiger, but congrats and huge respect for Rocco who was really the first guy to stay with him to the very end, and beyond, in a major championship.

Coach BD

Cramer actually made a great point in his program today that bares repeating.

As a general rule, investors and traders should almost never hold onto stocks or positions based on not wanting to pay the taxes.  

Although every position is, or can be, an income generating vehicle for your portfolio, if the fundamentals of your original decision to enter the position has changed, exit the position and move on to something else, regardless of the tax consequences.

Paying taxes is a problem we all want to have.  If you’re not paying them then that probably means you aren’t making any profits.

So unless you are adept at making adjustments to your holdings that take advantage of changing stories or fundamentals…

Suck it up, pay your taxes, and move on.

Coach BD

*

This, like any general rule, has exceptions.  If you have specific questions about some of these exceptions, or about any of your own holdings that may fall into this area, please contact us.

Thanks to Leo for sending this excellent synopsis, by Price Headley, of the important themes in the book titled Mind Traps by Roland Barachand.

I have not read the book but the points summarized by Mr. Headley are largely excellent considerations and observations that could be very useful to all traders and investors.

I have entered comments where appropriate.  Please comment or question if you have an alternative opinion.

Coach BD

continue reading "Trading Psychology"

The Coach may, from time to time, post personal commentaries, observations, links to articles of interest, and just plain BS as the spirit moves him. 

Generally, this thread is reserved for Subscribers only, though from time to time The Coach may cross post Personal Commentaries for visitors.

The Trade Coach