Relative Values – Fun with Charts

[Jim Brubaker]

Chris it sounds like you enjoy living on the edge. I used to short the market, and I had to quit, I couldn’t sleep at nights. Way too much stress.

I’ve heard that the “burn” time on CBOT traders is about two years–its a rough job, but it can pay well.
Thanks for your blog link

[Anonymous]

Jim

Actually I do not live on the edge at all. My way of trading is very low in stress level. It is easy to sleep at night when you know that 80% of the trades you make will be wins. This way the 20% losers that come along do not bother me.

My short in the SP500 on thursdays opening was about as lacking in stress as you can have. It was ahead about 20k before I blinked! They are not all that easy, but I do not watch all the wiggles, that is stressful.

To be straight there is stress, but even stay at home moms have stress. I do not believe it is any worse than most other things someone could do. I have traded for over 20 years and have blood pressure of 117/60 so I am doing ok, LOL! Day trading Nintendo type of trading is where the stress gets big.

What business are you in?

[powayseller]

4plex – I chart gold:euro, and gold:usd. I find that since 3 years ago, the ratio went from 3 to 5.5 for the euro, and went from 3.5 to 8.5 for the USD. What exactly does this tell me? The dollar lost more value, so it took more dollars to buy gold?

How do you find the symbol for other currencies?

[lewman]

Powayseller, there’s a Symbol Catalog link where you can search for other symbols.

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