The $64 Tomato

Posted on April 6, 2007 | Filed Under Book Reviews

The $64 Tomato: How One Man Nearly Lost His Sanity, Spent a Fortune, and Endured an Existential Crisis in the Quest for the Perfect Garden

In a style remenicient of Erma Bombeck, Alexander takes on a hysterical journey through his “quest for the perfect garden.” I found myself unable to put this book down, laughing out loud on nearly every page.

In his quest for the country life, Alexander and his physician wife move from Yonkers to …

[ Read the rest of this entry » ]

The Holy Grail of Trading

Posted on April 5, 2007 | Filed Under Trading

This article originally appeared in FutureSource FastBreak October 20, 2006
You may view it here.

Many traders spend a great deal of time trying to find trading’s “Holy Grail.” In this search, they move from one system to another, trying to find that one magic formula. Does the Holy Grail exist? There are a lot of frustrated traders that would tell you no. I, on the other hand, believe that it does exist. But I also believe that most traders seeking it are searching for it in the wrong place.

Too many traders, especially those lacking experience, focus on finding that one magic formula that will give them precise entry signals. What they fail to understand is that the trade entry is not as important as the exit. Here is an example that I have used in various seminars. We have two traders, one is short the market, and the other is long. They both offset the same day, same time, and same fill price. They both recorded a profit on their trade.

[ Read the rest of this entry » ]