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Hi every one! I am sorry for missing in action for the past one and half months. A lot of things happened during that period. The stock market has turned upside down and so does the leadership board here. Of course we are only in the beginning phase and these positions change a lot by the time the SLO2 ends.
After finishing in the top 10 in SLO-1, I have gone to India for a one month vacation and that's why I was not in action in January. I haven't logged on to this site during that period (except just 1 or 2 times) and my portfolio went down by 20%. Any way, all I care is about the SLO score, not the marketocracy score. I am glad that I started SLO-2 with first page appearance. In SLO-1, it took 3 months for me to get into the top 100.
For me SLO-1 has been a great experience. It has improved my trading methodology and stock selection. My success in SLO-1 has boosted my abilities and self confidence so much so that I have started implementing the same methodologies for trading in my personal accounts and I finished the year with extra ordinary returns (near 100%) in my personal portfolio. I hope to repeat that endeavor this year.
Importance of Blogging
During SLO-1 , I was a reluctant blogger in the beginning. I wasn't sure what to post and also I didn't have the confidence to post because of my lowly ranking in the initial phase. In October I have posted a blog called "Horrors of October" and it became a featured posting. Writing for the blog helped me crystallize my thoughts. That posting was like a blue print for my October trading strategy and I got huge success with that strategy. I moved from the last page to the first page in the rankings list. I know that some people hesitate to explain about their thoughts and strategies fearing that it will remove their competitive edge. Though that is true, we have to look at the benefits of blogging. Everything has its advantages and disadvantages. Unless we open up, we can't expect others to open up and if no body opens up then we don't learn any thing from others. Good posts will make us thinking. I have learnt some good tips and ideas from others in SLO-1 and I hope to gain from the thoughtful insights of others. SLO-1 made me a very good trader and I hope that SLO-2 will help me reach the pinnacle.
Ratings
It is our duty to appreciate good posts. It is important to give good ratings to good posts. It's an incentive for the blogger to come out with more good posts. The ratings should be based on the merits of the article rather than the person. In SLO-1 I have observed that ratings were given based on who is posting. Let's change that. No one should get ratings for granted.
Enabling Comments
Login into the site where you enter your blog entries. Click on the "Customize the display of this page" link at the bottom left side. Then select the "Accept Comments" option. This will enable comments section for your postings
Writing the Biography
Login into the site where you enter your blog entries. On the upper right hand side (next to logout button), you will see "Welcome user" . Click on your user name. Then add your Biography there.
This is my opening post in SLO-2 and it is intended to communicate with fellow SLO-2 traders. I am soon going to publish my views on the outlook for the economy and MSFT-YHOO merger.
I wish every one a great learning experience
Raju
Rank # 26 as of 2/15/08
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Comments (3)
Raju:
I agree that the ratings system isn't perfect, and I am probably more of the problem than the solution. Normally I won't rate a post if I don't feel that a good effort was put forth in it. In addition, I have rated blogs high even when I disagreed as long as the player laid out a good case. Sometimes it is hit or miss, I admit, but I think things get whittled down to the cream of the crop when it is over with. I do like the your above post, and I have rated. Keep it up
--Jonathan
Posted by Jonathan Coyle | February 15, 2008 4:01 PM
Hey Raju,
Nice post, especially for the newer players like me trying to understand the game but more importantly, learning how to invest better by sharing ideas.
One thing as a newer player I just learned about comments is that you may not start out with the checkbox visible. Tom Armistead helped me out here by telling me to go to the new blog entry page, then select "customize the display of this page" option and then enable the comments button. Good luck.
Uncle John
Posted by Uncle John | February 16, 2008 1:45 AM
Thanks John. I have updated my posting
Posted by Raju Dantuluri | February 16, 2008 4:07 PM