Movies Watched -- Rififi (1955)

Added on November 9, 2019 by C. Maoxian.

In French. 118 minute running time so at least 20 to 25 minutes too long. Heist story … jewel shop, coming in through the ceiling, long silent scene … tough guys and double-dealing dames (whipped with belts) … crime doesn’t pay … surprised by how violent it was, graphically violent for the time, maybe the codes were different in France … I wasn’t super thrilled with it, I know it’s a “classic” and all, but it could have been tighter and less heavy-handed with the moralizing. (Blacklisted Dassin moved to France.)

Movies Watched -- Bitter Rice (1949)

Added on November 9, 2019 by C. Maoxian.

In Italian. 108 minute running time so at least 10 minutes too long. A film noir of sorts, but set in the rice fields of northern Italy … has all the usual elements: dangerous men, crime, lust, greed, sex (well, rape), and violence … recommended by John Farr, who doesn’t often steer me wrong, but I wasn’t thrilled with this.

I Can Sing All Them Songs About Texas

Added on November 6, 2019 by C. Maoxian.

The great David Allan Coe … bless YouTube uploaders for these treasures, however incomplete.

“Sounds like Tom T. wrote this song….”

David Allan Coe (born September 6, 1939) is an American songwriter, outlaw country music singer, and guitarist who achieved popularity in the 1970s and 1980s. As a singer, his biggest hits were "Mona Lisa Lost Her Smile", "The Ride", "You Never Even Called Me by My Name", "She Used to Love Me a Lot", and "Longhaired Redneck".

Top Ten Day Traders to Follow on Twitter

Added on November 5, 2019 by C. Maoxian.

Day trading Twitter can be an awful place, full of liars and fakers and con men, people who are looking to lure in the naive and the greedy to their “services,” or show off their gains (without disclosing the risks taken) and carefully-cropped “top ticks” to make you feel bad.

But there are a few good people on there, and I thought I’d highlight ten of them. These guys are all experienced, knowledgeable, open, and generous … and all are must-follows in my opinion. Don’t be offended if I didn’t include you; I had to keep it to ten for clickbait reasons.

@Canny4 … Early 50s? (Generation-X) … full-time independent trader, recently began trading stock index futures, I believe. CANSLIM swing trader in the past. Tweets mainly about market philosophy and psychology, but not in an annoying way since you can tell he has been in the trenches and around the block … his interview with Anthony Crudele.
@CiocanaTrader … Late 20s? (Millennial) … full-time prop trader, does serious volume, hotkey master no doubt … makes priceless end-of-day “trader takeaways” from time to time on YouTube, which should be watched closely … drives girly white BMW (nobody’s perfect) … his Chat with Traders interview, and Notes for Chat with Traders, Episode 171.
@davemabe … Late 40s? (Gen-X) … CIO of Trade-Ideas … has the technical skills to have automated all his strategies so he doesn’t have to sit there pointing and clicking all day like the rest of us monkeys … rides his bike everywhere which means he’s a better person than you. His posts on Medium.
@madaznfootballr — Late 20s (Millennial) … full-time independent trader … a controversial pick maybe, but I think of madaz as a video gamer who happens to trade stocks and uses his P&L as the game score … typically grosses around $0.02 a share, which would appear crazy, but somehow he makes it work. Posts every day what he is watching at the open (always the right stuff) and his P&L at the close. He may be a maniac, but he has found a method that works for him. His Chat with Traders Interview, and Notes for Chat with Traders, Episode 124.
@maoxian … Late 40s (Gen-X) … full-time independent trader …how could I not include this guy? Faithfully posts all of his winning trades and none of the losers … whined for years about “not getting a borrow” before finally sending some money to a bookie so he can short hard-to-borrows … been around the world and the block and has traded beside some biggies who will forever go unnamed … now mainly writes concise movie reviews on his ancient blog which I refuse to link to.
@Michael_Katz11 … Late 30s? (Gen-Y) … full-time prop trader, another real pro, not a guy sitting in his basement on dial-up … I assume he does crazy size, but he’s honest about his mistakes and works on staying humble… makes priceless end-of-day “trader takeaways” from time to time on YouTube, which should be watched closely … his Chat with Traders interview, and Notes for Chat with Traders, Episode 156.
@Shaq48_Trading … Early 50s (Gen-X) … full-time independent trader, former prop trader … trades the ES exclusively … pithy market insights combined with constant disgust towards “FinTwit” … lots of priceless wisdom in his Medium posts … his Chat with Traders interview, and Notes for Chat with Traders, Episode 70. His interview with Anthony Crudele.
@SmashTheBid … Late 40s (Gen-X) … full-time independent trader … when I first met him he traded in-play stocks, but he has since switched to trading options on mainly Big Cap tech names (NFLX, NVDA, etc.) and the SPY … open about his “journey” (I hate that word), unpretentious, and always patient and generous with advice when asked dumb questions by strangers, this one anyway.
@team3dstocks … Late 40s maybe? I assume he’s Gen-X … I think he used to specialize in microcap hard-to-borrows, but like Smash above, has transitioned to day trading options on Big Cap names … lots of market wisdom in his every tweet, some of which contain mild profanity … his entire tweet stream has been collected and treasured by many … quick to reply to DMs … another generous old? guy who has been in the trenches.
@TSXtrad3r … Early 30s (Gen-Y) … full-time independent trader, formerly a prop trader … Canadian, so you know he’s honest … expert execution skills and fond of countertrend scalping as well as catching bigger turns. Generous with his knowledge, especially if you were a member of his room at one time or another.

Movies Watched -- Gun Crazy (1949)

Added on November 4, 2019 by C. Maoxian.

87 minute running time, so the perfect length. Bonnie and Clyde, updated to 1949 … some good lines, the greedy femme fatale is actually attractive for once, but I wasn’t super thrilled with this … noir for sure (link between sex and violence more explicit here).

Dick Brody on its “flamboyantly Freudian premise.“

Movies Watched -- Winchester '73

Added on November 4, 2019 by C. Maoxian.

92 minute running time, so the right length. Story of patricide and fratricide and slaughtering the Injuns and all those other great American traditions…. Jimmy Stewart went to Princeton but learned how to ride a horse. Rock Hudson as Sitting Bull a highlight. I wasn’t that thrilled with this, I’d give it a miss.

Beware of These Dreaded Phrases

Added on October 27, 2019 by C. Maoxian.

I thought this chart from ceedub888 was revealing and instructive. It contains two of the most dreaded phrases that can ever enter a trader’s head: “average down” and “wanted a move to … breakeven.” If you ever find yourself averaging down or thinking about getting back to breakeven, instantly exit the trade … that’s my advice.

Movies Watched -- Boiler Room (2000)

Added on October 27, 2019 by C. Maoxian.

119 minute running time so at least 20 to 30 minutes too long. The original ending was included on my disc, and it was a little better than the feel-good ending they went with in the end, but it still wasn’t very good. Lost count of the number of F bombs thrown in the movie. Not badly done, very enjoyable in parts — Wolf of Wall Street definitely benefited from taking parts of it (the rebuttal book, etc.) — but a yellow rating at best.

Movies Watched -- Clean, Shaven (1995)

Added on October 24, 2019 by C. Maoxian.

79 minute running time, and actually less given the extensive credits. Mental health movie, tough to sit through even given the short length. Unsettling score (similar to Under the Skin). A case of mistaken identity in the end, or not, we just don’t know, but Peter is probably innocent of a crime?? The guy who made Memento probably studied this movie. Super disturbing, not enjoyable, but A for effort. Capital A.R.T. art crowd (who can bear a little gore) only, please.

Eddie Guthmann’s brief review.

Dad still has to remove the receiver from his head

Studying Madaz's Trades in $SES

Added on October 23, 2019 by C. Maoxian.

Madaz was generous enough to post this YouTube video, which includes live footage of his trading screens from Monday, October 14, 2019. He walks viewers through three of his trades which contributed the bulk of his day’s profits. I’ve studied the chart and present my annotated notes on it below. People think I’m down on Madaz, but I’m not at all … he has found a scalping style that works for him, and I appreciate being able to study his work.

Make sure you click the chart to enlarge it.