Moved

I have moved to a more aesthetically pleasing home...

http://introvertedtrader.com/

VIX Update

The resistances area that I have posted in my last post proved to be the turning point, this is where we are at now...

The VIX high of 24.65 coincided with the low of the ES at 1252.25. Next important resistance is 1296ish. The strength of the thrusts from the last 2 days tell me that a lot of stops from the bears were triggered. Lets see if the professionals step in at 1296 to sell the market.

An Interesting Chart

On 16 March 2011, we have the volatility high of 31.28, which was the aftermath of the impact that the Tsunami disaster had on the S & P 500. Using 31.28 high as the focus point, we have 2 important resistances at 20.77-20.91 and 24.47-24.78, and we are currently at the first resistance.

The significance of the 2 resistance levels is that it might represent possible turning points for the market.

Retirement of this blog

New setup in my new office. Sweet.

This blog has served its purpose. Of course, its purpose has been changed a few times. But I am the type of person that shares/rants only when I have something important to say. Since, I haven't been trading, I haven't been updating.

For now, I will not be updating this blog, as time to a trader is scarce, and I feel that I have been spending too much time doing non-trading related stuff. Come 2011, I have a definitive plan which I intend to follow, not planning to divulge too much, except that it is a path which has been my dream for years, and hopefully by beginning of 2012 I will be a professional managing a professional amount of money.

If you have been visiting to learn how to trade the Dinapoli style or to get market updates, I will be posting my thoughts on this website: dlevels.net See you there.

Everything resets back to zero

Just finished the Engagement Encounter with my partner over the weekend. For the uninitiated, this is a marriage preparation course, that one has to go through in order to get married in a Catholic Church in Singapore. Personally, I feel that all couples should go experience the Engagement Encounter. This will prevent a lot of unnecessary marriages (yes you read that right) and of course that naturally leads to less unnecessary and messy divorces.

Over the past few days, I have been busy getting information from websites, forums and friends to help me build a monster machine that can provide a stable platform for my intraday trading needs. This is my build:

Intel i3-540 3.06ghz/4mb/LGA1156

MSI P55A-G55 P55/DDR3/USB 3.0/SATA3/LGA1156

Kingston Hyper-X 12800/1600 4gb Kit (2X2gb) DDR3 (CL9)

Seasonic X-Series 660W Modular Gold PSU

Sapphire Radeon HD5770 Flex Edition 1gb GDDR5 PCI-E

Hitachi 500gb 3.5" 16mb SATA

Intel X25-M SATA Solid State Drive 80gb

I am running my operating system: Windows 7 64 bit off the solid state drive, and my graphics card enables me to run my 3 monitors (2 DVI and 1 Analog) on just one card. Also, the Seasonic X-Series 660W power supply is like manna from heaven, it is so silent that I can hear my air con draft. A far cry from my previous build which adds to the stress/heat levels when I am in trade.

Next up, is finding an internet solution. Relying on a wireless connection, is asking for trouble. There were times when I was in trade and there will be no connection, and I had to scramble to see if the problem lies with the router or Starhub. Often, it was the router. This hopefully would not be an issue in 6 months time, when the Opennet guys finally get their ass to my place. For now, I will stick a LAN wire from my router directly to my PC. This is a useful website that I use to check my bandwidth from time to time: http://pingtest.net/

Can't wait to start...

Still alive and well

I have been busy with my new flat, and catching up on some of my readings, but not trading is making me restless. And I will only be back trading in early November, by then I should be nice and settled at my new place. Will be back with a new direction. Stay tuned...

What I think of most Singaporeans

This is one of my favourite songs in one of my favourite movie.

Most Singaporeans are stuck in dead end jobs, subservient and afraid to speak up, and because of that, they can't feel love nor feel pain, which is what made them apathetic.