WaveRiderBill

"Regardless if your trading goal is to generate daily cash flow or long term wealth building you have come to the right place. My site is dedicated to providing quality futures trading signals and education. My proprietary trading system for futures trading, identify short and medium term bursts of volatility in trading instruments which have a high likelihood of a profitable return." ... to learn more about my system watch the video below … Bill (Founder and President)

Friday, October 16, 2009

Busted Piggy Bank

Poor little Nicky appears to be the latest casualty of the recession (cough-bullshit-cough). Apparently his manager has been making bad financial decisions with his money over the last seven years and Nick just noticed this week so he is suing him for $20 million. Is this slow realization the result of too many hair plugs, CGI body sculpting, and physical exhaustion from romping with his very hot ex-maid/new girlfriend. Did mommy not teach you how to watch your pennies when you were just a wee lad. Tis hard for this "ya hey der" guy to shed a tear for you. Just go make another stinky movie and all will be better.

Meanwhile back at the ranch the market recovered enough so old George Costanza didn't have to be quite so embarrassed by the end of the day. Mondays pick is DRYS long @ $7.23 Good Luck

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WaveriderBill Trading Technologies Inc publishes information that is educational in nature and designed to contribute to your overall understanding of various types of technical analysis and how we apply this information to the financial markets. We are in no way recommending the purchase, sale or short sale of any securities, options, futures or other financial instruments. Trading of stocks, options, and futures may not be suitable for everyone and may involve the risk of losing part of your money, all of your money, or in the case of futures, more than all of your money.

We at WaveriderBill Trading Technologies Inc are not Financial Advisors or Registered Analysts. We do not offer our trading ideas as recommendations for you to copy. These trading ideas represent our own opinions and are intended to teach our style of short-term trading. We are also in no way representing that similar results will be achieved by following our ideas. In addition, we include as part of our disclaimer information that is required by the NFA in reference to back-tested trading systems as well as hypothetical track records, which is as follows:

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.

ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

We do not claim to have a special insight into the markets that prevent us from making mistakes. We do make mistakes. However, we believe our successes more than make up for our mistakes, and will continue to offer our education until proven otherwise. Observe our mistakes and utilize these lessons in your own trading programs.

Trading of futures, may not be suitable for everyone. Though there are large potential rewards, short-term trading is very risky, especially when your accounts are fully margined. There is certainly a chance in which you can lose all of your money. If you are trading futures, there is a chance that your account can go negative, and that you will end up owing money to your broker. In addition, prior to buying or selling a stock, option, or futures contract, an investor will need a broker, and they must meet suitability requirements in order to trade these specific instruments.

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Employees of WaveriderBill Trading Technologies Inc may or may not have positions in the educational picks posted to the site through its newsletters or in the trading rooms. In addition, hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading, including the ability to withstand losses. Finally, past performance is in no way indicative of future results.

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WaveRiderBill

Friday, October 16, 2009

Busted Piggy Bank

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