In this article "6 New Web Technologies of 2008 You Need to Use Now", the author lists 6 new web technologies of 2008 that he/she thinks important. The list is:
1. Identity management, such as open id, google sns, facebook connect. My second favorite of 2008. No need to keep track of so many ID online.
2. HTML5, with new features, like audio/video, drag'n'drop support. This one is kinda earlier. Not supported by all browsers I guess.
3. Life streaming, never tried, don't know, not a big fan
4. Firefox 3, My favorite browser, although I am still using FF2 on my EEE pc.
5. Google Chrome. Tried once, not a big fan. No Linux version yet. This one may give FF and IE more pressures on development.
6. Location Awareness. My favorite technology of 2008. With GPS becomes more and more popular in cell phone, it is actually the trend of web services/apps. A website should design with location awareness support.
Tuesday, December 30, 2008
Monday, December 29, 2008
Review of 2008
Let me review the year of 2008 and plan my 2009.
Things I did in 2008.
* Parent visit us for half year. Spend half year with my parents in 15 years since I left Chongqing in 2003. Parent are old apparently. I am still a child in front of them, but I feel that I am now the leading role in the family and be responsible for the family. I have to take care of them when they are here with us.
* Family issue. A lot of conflict and struggle. It is the seven year itch for sure. Both of us should be more careful with the relationship. Relationship needs more care and love.
* Work. Get more experience with Linux. But spend a lot of time working on WR toolchain. I am now the linux BSP support team. The position is not the core position but it is unique for now. I gain some more experience with kernel upgrade and use git to manage the kernel. Gain more experience with linker, makefile, bash programming.
* My spare time. I spend a lot of time in the first half year to work on the star5.ca website. However, it turns out that to maintain the content may consume so much time. I'd better work on some project to generate content automatically.
* Stock trading. I did not bad compared to the market and I had even some profit so far. I had some good time in Aug and Sep when I was bearish of the market. However, I lost most of the profit in Oct when I was a bit bullish and market fluctuate too much. Fortunately, my portfolio is still green when I bought low in Nov and Dec. My gold and silver investment turns out much better than others. I am also looking into the high dividend stock.
* Sports. I am now a serious runner now. After I finished my second sunrun this year, I decide to do a half-marathon. With not so constant training, I did not bad in myt first HM (1:57). So, I decide to go for a full marathon next year in Vancouver. I finally found a hobby in sports. That's running. I enjoy running outside, with your own pace and pants. To run in a trail, like in Burnaby mountain, is even enjoyable than running on the road.
2009. Better to set some goals.
* Improve family relationship. To prepare the immigration for my parents and in-laws.
* Seek promotion in work and more responsibilities. Overhaul of the build system, nightly build, regression test, kernel benchmarking, open source package validation. Better to keep one co-op in our team for supporting. Setup git repository for kernel development. Submit Broadcom patches to kernel.org.
* Train and run my first full marathon. Prepare for another one in Autumn if the first one is finished well.
* Read the Sci-Fi books I bought. Photography. Video.
* My website or application development.
* search engine of classified.
* restaurant review
* use my server for alrishasoft, haochen, leochen, zjuaavan,
* register domain for friends, other small business, setup website templates
Things I did in 2008.
* Parent visit us for half year. Spend half year with my parents in 15 years since I left Chongqing in 2003. Parent are old apparently. I am still a child in front of them, but I feel that I am now the leading role in the family and be responsible for the family. I have to take care of them when they are here with us.
* Family issue. A lot of conflict and struggle. It is the seven year itch for sure. Both of us should be more careful with the relationship. Relationship needs more care and love.
* Work. Get more experience with Linux. But spend a lot of time working on WR toolchain. I am now the linux BSP support team. The position is not the core position but it is unique for now. I gain some more experience with kernel upgrade and use git to manage the kernel. Gain more experience with linker, makefile, bash programming.
* My spare time. I spend a lot of time in the first half year to work on the star5.ca website. However, it turns out that to maintain the content may consume so much time. I'd better work on some project to generate content automatically.
* Stock trading. I did not bad compared to the market and I had even some profit so far. I had some good time in Aug and Sep when I was bearish of the market. However, I lost most of the profit in Oct when I was a bit bullish and market fluctuate too much. Fortunately, my portfolio is still green when I bought low in Nov and Dec. My gold and silver investment turns out much better than others. I am also looking into the high dividend stock.
* Sports. I am now a serious runner now. After I finished my second sunrun this year, I decide to do a half-marathon. With not so constant training, I did not bad in myt first HM (1:57). So, I decide to go for a full marathon next year in Vancouver. I finally found a hobby in sports. That's running. I enjoy running outside, with your own pace and pants. To run in a trail, like in Burnaby mountain, is even enjoyable than running on the road.
2009. Better to set some goals.
* Improve family relationship. To prepare the immigration for my parents and in-laws.
* Seek promotion in work and more responsibilities. Overhaul of the build system, nightly build, regression test, kernel benchmarking, open source package validation. Better to keep one co-op in our team for supporting. Setup git repository for kernel development. Submit Broadcom patches to kernel.org.
* Train and run my first full marathon. Prepare for another one in Autumn if the first one is finished well.
* Read the Sci-Fi books I bought. Photography. Video.
* My website or application development.
* search engine of classified.
* restaurant review
* use my server for alrishasoft, haochen, leochen, zjuaavan,
* register domain for friends, other small business, setup website templates
Internet Radio
I bought an Internet Radio/Alarm with a deal from Dell's website (50% off). The brand is Aluratek.
Listening to the new Internet Radio device I bought before the Christmas, I remembered that I was discussing the Internet with Andy the other days. I believe in the next 5-10 years, Internet will be the dominate media. The Internet Radio is the example. I love this device. You can easily browse a list of radio stations and choose what you want. With more than 11,000 stations to choose from all over the world, I can listen to some Chinese radio then. The name of the song/performance broadcast online is also shown on the LCD screen. Although you can listen to radio from your pc/laptop, it may not be as convenient as to setup with this Internet Radio device. I love music and listen to radio ever since my childhood. So, this device is perfect for me. I don't need to turn on computer and I can listen to radio anywhere with the wireless connection.
Given the current trend of video on demand, such as netflix and youtube. I believe that IPTV will dominate the TV market for the next generation, if the content provider finally agree to broadcast their content online, just like the radio station to bring their content online. Younger generation, like my nephew, they are so accustomed to watch video online, play games online. It is so easy to project that in the next 10-20 years, when the teenager is the majority of the society, delivery of content online will the majority.
Although I still buy newspaper sometime, I just read newspaper online in most of the time. It's much easier and convenient to read newspaper online. A Newspaper publisher will go out of business if they can't catch up with this trend.
With Internet as the main media to deliver content to people, there are a lot of business will benefit from this transition in the next 10-20 years, such as digital publishing, wireless network device, Internet radio/tv device, content review, search ...
Listening to the new Internet Radio device I bought before the Christmas, I remembered that I was discussing the Internet with Andy the other days. I believe in the next 5-10 years, Internet will be the dominate media. The Internet Radio is the example. I love this device. You can easily browse a list of radio stations and choose what you want. With more than 11,000 stations to choose from all over the world, I can listen to some Chinese radio then. The name of the song/performance broadcast online is also shown on the LCD screen. Although you can listen to radio from your pc/laptop, it may not be as convenient as to setup with this Internet Radio device. I love music and listen to radio ever since my childhood. So, this device is perfect for me. I don't need to turn on computer and I can listen to radio anywhere with the wireless connection.
Given the current trend of video on demand, such as netflix and youtube. I believe that IPTV will dominate the TV market for the next generation, if the content provider finally agree to broadcast their content online, just like the radio station to bring their content online. Younger generation, like my nephew, they are so accustomed to watch video online, play games online. It is so easy to project that in the next 10-20 years, when the teenager is the majority of the society, delivery of content online will the majority.
Although I still buy newspaper sometime, I just read newspaper online in most of the time. It's much easier and convenient to read newspaper online. A Newspaper publisher will go out of business if they can't catch up with this trend.
With Internet as the main media to deliver content to people, there are a lot of business will benefit from this transition in the next 10-20 years, such as digital publishing, wireless network device, Internet radio/tv device, content review, search ...
Sunday, November 30, 2008
running in the trail
Running in the transcanada trail on Burnaby Mountain park.
I went running this morning in Burnaby Mountain park. Running in the trail is much better than on the road, I realized just today. No cars, only trees. The trail is paved very well. All leaves have been cleaned and the small rubbles gave your feet a good cushion. The fog and mist everywhere in the park. I felt like running in the cloud. The view was fantastic in the Barnet inlet. I run up and down in the park for about 1 hour. One loop is about 1.6 km. I then run up all the way from the park to the UniverCity and run from UniverCity to residence. In total I did 15k in 1:40. After I run in the park, the loop slope up to the mountain seemed more easier than ever.
The weather was nice today, warm and humid, not cold at all. It's a perfect running day today. I just hope we could have more days like today before the snow comes. I may go running in other parks, as I feel running in the park is really fun, with today's experience.
I went running this morning in Burnaby Mountain park. Running in the trail is much better than on the road, I realized just today. No cars, only trees. The trail is paved very well. All leaves have been cleaned and the small rubbles gave your feet a good cushion. The fog and mist everywhere in the park. I felt like running in the cloud. The view was fantastic in the Barnet inlet. I run up and down in the park for about 1 hour. One loop is about 1.6 km. I then run up all the way from the park to the UniverCity and run from UniverCity to residence. In total I did 15k in 1:40. After I run in the park, the loop slope up to the mountain seemed more easier than ever.
The weather was nice today, warm and humid, not cold at all. It's a perfect running day today. I just hope we could have more days like today before the snow comes. I may go running in other parks, as I feel running in the park is really fun, with today's experience.
Friday, November 28, 2008
United Way
This noon, the United Way pledge campaign finished with a hilarious RockBand competition among teams. This campaign is a tradition of our company and this year is the fourth time for me.
The campaign starts with a company sponsored BBQ in last Friday. There are couple of activities in this week to encourage people's participation.
A traditional tower building is one of the must-go. The game rule is changed this year. Instead of building a high tower with spaghetti and marshmallow, we should build a tower using about 20 newspaper and a 2-m scotch tape. This tower should be able to support an empty coke can. Haha, our team won this game by building the highest tower, which reaches the ceil and support an empty coke can. That's a very good engineered paper tower. We use three sticks as the tripod, each was made from rolled newspaper. On top of the tripod, we stick a needle, a thin needle by rolling the newspaper together. One smart design is to insert the needle inside of the hole of the empty pop can. In this case, we don't need to find support of the can. Our design is not original, but our engineering skill is the best, so that we can make the strongest and highest tower.
This lunch time, we have the RockBand competition. I am of course one of the player in our band. We dress up a little bit, with all black shirt and sunglasses. Some other bands dressed with long wig and interesting hats. That's really funny seeing people are really into this game. Although we are not good at playing the guitar or drum, everyone seems have a lot of fun by watching, laughing, applauding, and screaming. One of the important measurement of the performance is the costume. The loudness of the applaud is also counted as score, which is actually measured by a professional noise detector, our lab equipment. :-)
For a company with 80 percent more engineers, our games and competitions are geeky and engineering centric.
I had won a bottle of premium tequila by throwing toonie to reach the bottle from about 4 meters away. The closest win the bottle. I exchanged 5 toonies and just wanna test my luck. I had never thought I could be the winner. Fortunately, in the 3rd one, I throw the toonie very close to the bottle, like in 5 cm. That's cool.
The one week long campaign wrapped up with 24,000+ donation. That's not bad for around 115 people in the office. It's one of my favorite events every year.
The campaign starts with a company sponsored BBQ in last Friday. There are couple of activities in this week to encourage people's participation.
A traditional tower building is one of the must-go. The game rule is changed this year. Instead of building a high tower with spaghetti and marshmallow, we should build a tower using about 20 newspaper and a 2-m scotch tape. This tower should be able to support an empty coke can. Haha, our team won this game by building the highest tower, which reaches the ceil and support an empty coke can. That's a very good engineered paper tower. We use three sticks as the tripod, each was made from rolled newspaper. On top of the tripod, we stick a needle, a thin needle by rolling the newspaper together. One smart design is to insert the needle inside of the hole of the empty pop can. In this case, we don't need to find support of the can. Our design is not original, but our engineering skill is the best, so that we can make the strongest and highest tower.
This lunch time, we have the RockBand competition. I am of course one of the player in our band. We dress up a little bit, with all black shirt and sunglasses. Some other bands dressed with long wig and interesting hats. That's really funny seeing people are really into this game. Although we are not good at playing the guitar or drum, everyone seems have a lot of fun by watching, laughing, applauding, and screaming. One of the important measurement of the performance is the costume. The loudness of the applaud is also counted as score, which is actually measured by a professional noise detector, our lab equipment. :-)
For a company with 80 percent more engineers, our games and competitions are geeky and engineering centric.
I had won a bottle of premium tequila by throwing toonie to reach the bottle from about 4 meters away. The closest win the bottle. I exchanged 5 toonies and just wanna test my luck. I had never thought I could be the winner. Fortunately, in the 3rd one, I throw the toonie very close to the bottle, like in 5 cm. That's cool.
The one week long campaign wrapped up with 24,000+ donation. That's not bad for around 115 people in the office. It's one of my favorite events every year.
Monday, November 24, 2008
court experience
I went to court for a hearing of my traffic ticket this afternoon. The first time experience in my life. Just another first time.
We arrived in the NW court at 1:00pm, half an hour earlier than the hearing time. People were gathering outside of the court room and two police officers arrived as well. All the hearing for this court today are traffic tickets. Bearing some uncertain feeling when I entered the court. I'm not feeling guilty at all and I had prepared a true and strong explanation. The judge, a woman, looks very kind. The previous several hearings went well. Two acknowledged guilty but their fines are reduced to as little as $10, with a valid/understandable reason for the violation. That's a good sign for today. :-). My heart was pounding heavily when the judge called my name and I was standing in front of the judge.
Unfortunately, the officer wasn't present. (Fortunate to me) All my preparations are useless. My strongest word "No, I'm not guilty!" ended my first hearing. The debate, explanation that I was anticipating didn't happen at all. Then I won my first court hearing in my life. :-)
From this experience, I learned two things. First of all, dispute all the traffic tickets. Even though you were guilty with clear evidence, such as speeding, red light violation, your reasons or valid excuse presented to the judge may ended up with a much smaller fine for you. You may also win the dispute when the officer is not present and that's the case in a lot of circumstance. Second. as Canada is a lawful society, going to the court sometimes may be a good solution to conflicts. The second thought comes from my friend's experience of suing her landlord to get her deposit back. One more thing, to support the second thought, don't leave evidence to others just in case any dispute may happen later on, such as in your working place. ....
This topic is worth of discussing. It may be interesting to cover it later on.
We arrived in the NW court at 1:00pm, half an hour earlier than the hearing time. People were gathering outside of the court room and two police officers arrived as well. All the hearing for this court today are traffic tickets. Bearing some uncertain feeling when I entered the court. I'm not feeling guilty at all and I had prepared a true and strong explanation. The judge, a woman, looks very kind. The previous several hearings went well. Two acknowledged guilty but their fines are reduced to as little as $10, with a valid/understandable reason for the violation. That's a good sign for today. :-). My heart was pounding heavily when the judge called my name and I was standing in front of the judge.
Unfortunately, the officer wasn't present. (Fortunate to me) All my preparations are useless. My strongest word "No, I'm not guilty!" ended my first hearing. The debate, explanation that I was anticipating didn't happen at all. Then I won my first court hearing in my life. :-)
From this experience, I learned two things. First of all, dispute all the traffic tickets. Even though you were guilty with clear evidence, such as speeding, red light violation, your reasons or valid excuse presented to the judge may ended up with a much smaller fine for you. You may also win the dispute when the officer is not present and that's the case in a lot of circumstance. Second. as Canada is a lawful society, going to the court sometimes may be a good solution to conflicts. The second thought comes from my friend's experience of suing her landlord to get her deposit back. One more thing, to support the second thought, don't leave evidence to others just in case any dispute may happen later on, such as in your working place. ....
This topic is worth of discussing. It may be interesting to cover it later on.
Sunday, November 23, 2008
Hyperion
I finished the reading of the magnificent "Hyperion" and "The fall of Hyperion". This sci-fiction was written by Dan Simmons in early 1990s and had won the Hugo award for the best novel of 1989. The story happens in the future when humankind had colonized thousands of world in the universe. Before the outbreak of war between humankind and outster, seven people were chosen to the last pilgrim of Shrike to Hyperion, a mystery colonial star with time tomb. The first book talks about the story of the seven pilgrims and second one reveals the plot behind the war and the fate of the pilgrims. I won't cover the details of the story here. What impress me most in this book is the rich poem embedded in this scifi book. I've read a lot of scifi, in English and Chinese. This is the first of the kind with poems, literature, and poet in the story. Actually, the name of "Hyperion" was coming from the unfinished epic poem of John Keats. John Keats also serve an important role in the book. The story is a sort of mixture between fantasy and scifi. Dan had created a world spanning thousands of years, mingling space and time. It is my first experience of reading scifi book like reading traditional literature, even English poem. I've learned a lot and I have to say that the world is fascinating. I love reading long space sagas. This one is definitely on the top of my favorite. I'll try to read the Chinese translation later, as the English is full of poem and literature, religions, etc. I bought other books by this author and will read them later.
I am now reading another scifi book, "Spin", by Robert Charles Wilson. This one is also an award winner.
I am now reading another scifi book, "Spin", by Robert Charles Wilson. This one is also an award winner.
Wednesday, November 19, 2008
a not so long "long run"
I did a not so long "long run" this afternoon. It's about 14k including warm up and warm down. I was so anxious to go out for running as today may be the last shining day this week. I still feel that I may not fully recovered from last Friday's fartlek running on Burnaby mountain. Anyway, I was running alone this afternoon. To run together with other coworker may be more fun, like this Monday's easy run. But I feel that I have to run along as I want to run longer time with longer distance today.
In King George Park, I did 6 loops (10k) in 50min. I am confident now that I can finish the next Sun Run in 50 minutes. The first 2 loops seems easy. I feel a bit sore with the leg in the 3rd loop. However, I feel pace is faster in the 4th and 5th loop. The 6th loop is much easier as I know I gonna finish it.
I don't what kind of training it is for today, maybe tempo. Whatever, it is run for fun. That's enough. To prepare for the marathon, I apparently need more long run training.
The pace of this afternoon is about 5m/k. So, I feel 6m/k would be quite suitable for my long run.
In King George Park, I did 6 loops (10k) in 50min. I am confident now that I can finish the next Sun Run in 50 minutes. The first 2 loops seems easy. I feel a bit sore with the leg in the 3rd loop. However, I feel pace is faster in the 4th and 5th loop. The 6th loop is much easier as I know I gonna finish it.
I don't what kind of training it is for today, maybe tempo. Whatever, it is run for fun. That's enough. To prepare for the marathon, I apparently need more long run training.
The pace of this afternoon is about 5m/k. So, I feel 6m/k would be quite suitable for my long run.
Sunday, November 16, 2008
100K Road Running Race Relay
I've made my 1st relay road race last Saturday. I get up at 4:00am and start running at 6:00am. The race is 100Km and we were a team of 8. I was the 1st leg and made 9.5km. Overall, we had a great team and was the 5th among our division (Recreational group) and 37th overall.
Thanks to Kenneth, who was the 13th in his tough leg. He improved our overall performance.
http://www.raceheadquarters.com/results/2008/run/H2H2008Overall.html
I was the 64th in my leg and it's not too bad. But I should be able to put a bit harder if there are more signs there. Anyhow, I started when it was still dark. I run into water accumulated on the road in the middle. When I finished and got home, Linda hadn't get up yet. :-)
I have registered for the Vancouver Marathon 2009. Hopefully, I can made it.
I love running.
Thanks to Kenneth, who was the 13th in his tough leg. He improved our overall performance.
http://www.raceheadquarters.com/results/2008/run/H2H2008Overall.html
I was the 64th in my leg and it's not too bad. But I should be able to put a bit harder if there are more signs there. Anyhow, I started when it was still dark. I run into water accumulated on the road in the middle. When I finished and got home, Linda hadn't get up yet. :-)
I have registered for the Vancouver Marathon 2009. Hopefully, I can made it.
I love running.
A Saturday
I was waiting for Linda in a starbucks store in UBC. It is my first experience. A sense of leisure in a lovely Saturday morning. The store is getting busier around 12:45pm.
I was reading today's Vancouver Sun. Without Internet access, you feel it is not very convenient. However, it is a sprout of a leisure mood with the music hovering around in the air.
I start to understand why people are so used to this kind of living. It is a bit bourgeois.
Had dinner at Phoebe's place.
Discussed about the realty market with Steve, who is really pessimistic about the realty market in Vancouver. One thing he mentioned that his brother was an engineer working on usb device, software/hardware. So, he may be a good candidate for an internal referral. Let's see.
The dinner was quite good. It's a potluck and buffet style. It won't be too much trouble for hosts to cook. I think that we should adopt this kind of dinner for party later on. At any rate, we have party for fun, not just for food.
We played Texas Hold'em after the dinner. I won at the end. Haven't played for a while and it is fun to pick it up again.
I was reading today's Vancouver Sun. Without Internet access, you feel it is not very convenient. However, it is a sprout of a leisure mood with the music hovering around in the air.
I start to understand why people are so used to this kind of living. It is a bit bourgeois.
Had dinner at Phoebe's place.
Discussed about the realty market with Steve, who is really pessimistic about the realty market in Vancouver. One thing he mentioned that his brother was an engineer working on usb device, software/hardware. So, he may be a good candidate for an internal referral. Let's see.
The dinner was quite good. It's a potluck and buffet style. It won't be too much trouble for hosts to cook. I think that we should adopt this kind of dinner for party later on. At any rate, we have party for fun, not just for food.
We played Texas Hold'em after the dinner. I won at the end. Haven't played for a while and it is fun to pick it up again.
Sunday, October 26, 2008
Water is too clean to foster fish
From the zd_alumni mailing list, I came across this old Chinese saying.
"Water is too clean to foster fish,
person is too smart to have pals."
Most of us knows the first part of the idiom. It is almost the first time that I know the second part of it. I totally agree with it. This idiom conveys a philosophy here that people has to be accommodating, willing to accommodate difference of others. Otherwise, you will be alone in the world.
http://zhidao.baidu.com/question/1821648.html?fr=qrl3
Friday, October 24, 2008
红杉资本致100个旗下CEO的公开信 形势悲观
10月15日消息，著名的风险投资企业红杉资本上周成了所有新闻媒体的焦点。红杉资本在上周召集了 “紧急会议”，超过100个旗下公司的首席运营官出席了会议。在会上红杉资本主要合伙人均对当前形势预期悲观，同时要求旗下公司节省资金。目前已经有人将红杉资本在此次会议上发布的幻灯片登在网上，红杉资本近日还发给旗下公司首席执行官一封信件，相比于幻灯片而言，这封信更能表达红杉资本的对当前经济状况的认知。
红杉资本在风险投资行业是首屈一指的企业。它资助过苹果、思科、雅虎和谷歌等企业，对它们的巨大成功功不可没。因此，当红杉资本发表对经济前景的预期时，市场非常关注。这封信目前已经在市场上疯传，市场分析人士表示，这封信反映了红杉资本多年来所坚持的投资真正智慧，这些智慧使红杉资本取得了巨大的成功。但有分析人士也不赞同信中所流露出的经济前景黯淡的观点，认为不可能出现“15年的熊市”，至少在IT和绿色技术行业里不会出现。分析人士对IT行业充满信心，表示尽管目前股市动荡不安，但风险投资公司创新不断，足以应对金融危机。
信件内容要点如下：
红杉资本的各位公司CEO：
现在经济形势严峻异常，谷歌、雅虎和思科等公司的股价最近暴跌。谷歌的市盈率已经下降到了 20倍！标准普尔同病相怜，暴跌不止。你们知道这究竟意味着什么吗？红杉资本合伙人的净资产损失了几十亿美元！现在我们都不是亿万富翁了。想当年，纳斯达克飚升到2500点上的时候，我们公司至少有六个亿万富翁。现在却一个都没有了。也就是说，尽管我们中的很多人都希望能够在50岁退休，但是现在亿万富翁仍将是我们的终身目标。什么时候我们还能看到10个以上的亿万富翁啊！
还有件事情大家必须注意到，我们在投资者面前已经捉襟见肘了。互联网泡沫破裂时，公司也曾出现类似的情况。尽管我们的创始人Don Valentine早在1999年就曾预测“将有许多网络公司倒下”。但我们当时过于自信，坚持投资Webvan和eToys，结果投资打了水漂。我们不得不对投资者表示歉意，并承认自己的愚蠢。想想看，红杉资本表示歉意！真是太罕见了。
投资YouTube给我们带来了8亿美元的利润，投资其他的Web 2.0公司也让我们获利数百万美元。这让我们有些放松了警惕。现在我们要及时敲响警钟。我们需要重申一下红杉资本对其所投资公司的一些要求和准则：
1、市场规模和时机就是一切！我们不会花钱来告诉人们，他们为何要喜欢你的产品。风险投资投资了几十亿美元，帮助初创公司开发产品，那时，这些产品连自己的市场都没有。
2、第一点的重要性我们还要重申。换句话说，也就是市场规模比你本人更加重要。正如我们想说的那样，我们无法改变市场机会，但是我们可以换掉CEO。
3、我们的投资理念是用一根火柴点燃整个地狱。如果你不懂这个比喻，那么我可以用通俗易懂的语言来解释，那就是便宜，便宜，再便宜！对于任何初创公司而言，都只有两个任务：“生产产品”和“销售产品”。如果你的团队中存在与上述两件事无关的人，那就炒掉他。
4、这也意味着不要租用昂贵的办公室，不要铺张浪费，不要开聚会。
5、雇佣一些天资聪颖的年轻移民。他们的薪水只会比最低水平略高一点，但是却可以每周可以工作100个小时以上。事实上，红杉资本有一个秘密：过去15 年红杉资本所投资的公司中，大部分的创业团队中都有一些20多岁的移民。比如，谷歌的 Sergey Brin和YouTube的Steve Chen。
6、一旦有了产品，就该减少工程师的数量，因为他们中的很多人已经不需要了。工程效率才是最为重要的！
7、公司的每个人都应当参与到产品销售中，包括管理层，只有这样，他们才能够真正了解自己的产品，知道如何成功进行推销。在扩张销售团队前，一定要去做这件事情。
8、不存在所谓的销售天才。硅谷能变成今天这样，其原因是销售人才数量多，种类多样。要尽量压缩销售团队，但是如果他们销售超过预期，应该给予奖励和晋升。
9、不怕树大招风，要在市场中引人注目，并向竞争对手发起有力的进攻。宣传对手的弱点。尤其是在经济不景气的时候，通过这种方式可以将他们淘汰市场，而不要象对手那样。要么主动进攻，要么被动等死。
10、现金为王，甚至比你的母亲还重要！（记住了吗？）
现在的确是危机重重，正如其他的投资集团，我们也通过幻灯片来解释当前世界发生的事情，但我们自己实际上也不知道这到底怎么了。我们唯一清楚的是，我们曾把YouTube这样一个基本没有盈利能力的公司以超过16亿多美元的价格出售给谷歌，这样的好日子已经彻底结束了。最起码现在看起来是不可能的了。如果你还在这样白日做梦，赶紧去Kleiner Perkins这样的公司去找钱吧，我们不可能给你提供资金了。
让我再说一遍：在花光我们给你的所有资金之后，你的现金流仍然入不敷出，那就不要再回来找我们要钱了！
红杉资本在风险投资行业是首屈一指的企业。它资助过苹果、思科、雅虎和谷歌等企业，对它们的巨大成功功不可没。因此，当红杉资本发表对经济前景的预期时，市场非常关注。这封信目前已经在市场上疯传，市场分析人士表示，这封信反映了红杉资本多年来所坚持的投资真正智慧，这些智慧使红杉资本取得了巨大的成功。但有分析人士也不赞同信中所流露出的经济前景黯淡的观点，认为不可能出现“15年的熊市”，至少在IT和绿色技术行业里不会出现。分析人士对IT行业充满信心，表示尽管目前股市动荡不安，但风险投资公司创新不断，足以应对金融危机。
信件内容要点如下：
红杉资本的各位公司CEO：
现在经济形势严峻异常，谷歌、雅虎和思科等公司的股价最近暴跌。谷歌的市盈率已经下降到了 20倍！标准普尔同病相怜，暴跌不止。你们知道这究竟意味着什么吗？红杉资本合伙人的净资产损失了几十亿美元！现在我们都不是亿万富翁了。想当年，纳斯达克飚升到2500点上的时候，我们公司至少有六个亿万富翁。现在却一个都没有了。也就是说，尽管我们中的很多人都希望能够在50岁退休，但是现在亿万富翁仍将是我们的终身目标。什么时候我们还能看到10个以上的亿万富翁啊！
还有件事情大家必须注意到，我们在投资者面前已经捉襟见肘了。互联网泡沫破裂时，公司也曾出现类似的情况。尽管我们的创始人Don Valentine早在1999年就曾预测“将有许多网络公司倒下”。但我们当时过于自信，坚持投资Webvan和eToys，结果投资打了水漂。我们不得不对投资者表示歉意，并承认自己的愚蠢。想想看，红杉资本表示歉意！真是太罕见了。
投资YouTube给我们带来了8亿美元的利润，投资其他的Web 2.0公司也让我们获利数百万美元。这让我们有些放松了警惕。现在我们要及时敲响警钟。我们需要重申一下红杉资本对其所投资公司的一些要求和准则：
1、市场规模和时机就是一切！我们不会花钱来告诉人们，他们为何要喜欢你的产品。风险投资投资了几十亿美元，帮助初创公司开发产品，那时，这些产品连自己的市场都没有。
2、第一点的重要性我们还要重申。换句话说，也就是市场规模比你本人更加重要。正如我们想说的那样，我们无法改变市场机会，但是我们可以换掉CEO。
3、我们的投资理念是用一根火柴点燃整个地狱。如果你不懂这个比喻，那么我可以用通俗易懂的语言来解释，那就是便宜，便宜，再便宜！对于任何初创公司而言，都只有两个任务：“生产产品”和“销售产品”。如果你的团队中存在与上述两件事无关的人，那就炒掉他。
4、这也意味着不要租用昂贵的办公室，不要铺张浪费，不要开聚会。
5、雇佣一些天资聪颖的年轻移民。他们的薪水只会比最低水平略高一点，但是却可以每周可以工作100个小时以上。事实上，红杉资本有一个秘密：过去15 年红杉资本所投资的公司中，大部分的创业团队中都有一些20多岁的移民。比如，谷歌的 Sergey Brin和YouTube的Steve Chen。
6、一旦有了产品，就该减少工程师的数量，因为他们中的很多人已经不需要了。工程效率才是最为重要的！
7、公司的每个人都应当参与到产品销售中，包括管理层，只有这样，他们才能够真正了解自己的产品，知道如何成功进行推销。在扩张销售团队前，一定要去做这件事情。
8、不存在所谓的销售天才。硅谷能变成今天这样，其原因是销售人才数量多，种类多样。要尽量压缩销售团队，但是如果他们销售超过预期，应该给予奖励和晋升。
9、不怕树大招风，要在市场中引人注目，并向竞争对手发起有力的进攻。宣传对手的弱点。尤其是在经济不景气的时候，通过这种方式可以将他们淘汰市场，而不要象对手那样。要么主动进攻，要么被动等死。
10、现金为王，甚至比你的母亲还重要！（记住了吗？）
现在的确是危机重重，正如其他的投资集团，我们也通过幻灯片来解释当前世界发生的事情，但我们自己实际上也不知道这到底怎么了。我们唯一清楚的是，我们曾把YouTube这样一个基本没有盈利能力的公司以超过16亿多美元的价格出售给谷歌，这样的好日子已经彻底结束了。最起码现在看起来是不可能的了。如果你还在这样白日做梦，赶紧去Kleiner Perkins这样的公司去找钱吧，我们不可能给你提供资金了。
让我再说一遍：在花光我们给你的所有资金之后，你的现金流仍然入不敷出，那就不要再回来找我们要钱了！
Thursday, October 02, 2008
Stock trading tips (zz)
The original post is from mitbbs.com
-------------------------------------------------
• 短线交易是一份全职工作
企图在工作之余搞好短线交易的，请尽快放弃幻想。这一年半我只有4PM之后才能大致
专著于本职工作。很少有工作能让你这么作，旁边还有台professional 用的
ThomsonOne. 我经常半夜起来看亚洲股市，看CNBC,身心极为疲惫。现在总算彻底解脱了
(not for me)
• 看大盘作个股
曾经有个统计数字，个股的走势50-60%取决于大盘，25-30%取决于版块，10-20%取决于
个股。作短线最重要的就是判定近期大盘方向，逆大势操作个股，常如幽咽泉流冰下难
；顺大势操作个股，常给你轻舟已过万重山的舒畅。你觉得大盘短线中线见定，找一些
比较弱且处于阻力位的股票放空；若感觉见底，买入一些超跌且有相当支撑的股票；若
感觉大盘方向不明，可持大量现金，也可多空结合。我常看的指数包括：COMP, SPX,
DJIA, Russel 2000 (IWM), NDX, SOX, BKX, XBD, RLX, HUI, OSX,CRB, DX/Y.
http://www.sectorspdr.com/sectortracker provides SPDRs sector tracker.
大家可以在这个网址找到个股的阻力位和支撑位：http://www.nasdaq.com/asp/stock_consultant.asp?symbol=&selected=uso
(this one is really good)
• 个股选择
要不断积累自己的 watchList，熟悉各板块的龙头股票。短线操作最好避开small cap
/ low volume 股票，这些股票的低流动性，技术上操作很难预测。有时候，100股100
股的交易能让价格波动$1。有人说这不正好吗，作对了不可以挣很多吗？请记住，交易
不是赌博，交易首先就是要回避不确定性，没有七八成以上的把握，不可轻易动手。可
以到
http://www.bulltrade.com 偷点个股，窍门是在月末加入，然后马上注消，化$2-3。拿到股票后，再做点研究, insider trading, short interest, support/resistence level, etc. , 可以到
http://www.tradingmarkets.com/.site/powerratings 对个股一评价下，如果你有其他足够好理由，不要过度看待这个评价结果。另外，万不可勉强而为，没有合适的个股，可以搞些 ETF作作，QLD/QID/SSO/SDS 的价格波动可能高过一般个股。
(this one is quite helpful)
• 技术分析和情感分析相结合
很多技术分析图形让人看了发晕。决不可过多依赖技术分析，决不可参考太多技术指示
器，2-3 个就足够。信息太多就是没有信息。我常看的图形包括MACD, Stochastic,
Bollinger Band. 价格/ MACD 分离信号是我最喜欢的一个信号。http://www.stockcharts.com has all the technical indicators for free.
我看情感指示器看得更多，像名闻遐尔的VIX/VXN, PCE, 几个主要的情感调查，AAII,
II.另外就是看媒体网络，大多数人在想什么？华尔街金科玉律第一条就是，大多数人
总是错的。这是contrarian trading的理论基础。如果你现在还不知道或不明白这个道
理，你最好现停下来把这个好好搞清楚。我很喜欢的一个contrarian 指示器是 put/
call open interest ratio, 这是一个很好的contrarian指示器值得大家留意一下，当
这个ratio (当前月，最少三周expire, at the money) 严重偏向一方时，可以很安全
地trade against it. 到底怎么算严重偏向，无定则，需长期观察，积累经验。情感分
析有时对判断中期走势非常有效。
http://www.sentimentrader.com是我知道最好的一个网址，$19让你把所有的情感指示器一网打尽。
http://www.shortsqueeze.com 有所有个股 short interest数据。
http://www.secform4.com 可提供内线交易者最新交易记录，通常比雅虎早1-2天。
(not much experience, won't believe it)
• 资金调配与股票组合
资金调配与组合就象打仗调兵遣将，一定要合理规划，且不要动辄变动。我一般保持
40K交易额，一个position占用25%资金。非常有信心时，可做到50K，50K若继续追加，
最多就是$2000期权(且必须是well-in-the-money期权，不含任何时间价值)。千万不可
随心所欲，今天作40K，明天作60K，这个股票用50%，那
个用10%。资金调配与组合要形成规章制度，要有相对的稳定性。每六个月可对交易额
根据交易情况进行调整，但调幅不得超过30%。资金调配在你做错时至关重要，常常决
定你是否能挺过难关，起死回生。
(strong support!!)
• 交易计划与交易原则
写到这儿才发现把如此重要的题材放到如此落后的位置。。。有人做过一个试验，一组
交易员，要充分发挥聪明才智，作大量研究调查；另一组则纯粹靠抓阄。结果是两组表
现不相伯仲。还有一个数据，在5年时间范围内，85%基金经理敌不过SP500指数。股市
里没有专家，只有赢家和输家。那么这些职业交易人跟我们大众百姓的区别在哪里？就
是一个计划和原则，不仅是有无计划和原则，而且实际中能否坚定的贯侧执行?AMZN就
是一个活生生的教材。问一下自己，生活中是否是一个很情绪化的人？能否在交易中坚
定执行计划？如果不能，你的彻底灭亡只是时间问题。今天我把这些原则再贴出来，与
大家共勉。
(good point)
• 宁可错过不可做错，帐户安全高于一切
这是因为零和无限之间的不对称性，帐户面值触零是可实现的，一旦触零，游戏即告结
束，还记得你上次的margincall吧，把你帐户清掉后，你眼睁睁看着你的股票触底上涨
而回天无力。而无限是不可及的，今天失去了机会，可以以后补回来。这个原则决定实
际操作要慎之又慎，真正做到，静若处子，动若猛兔。
(most important!!! bloody experience)
• 止损，软止与硬止
软止，是说止损要快，把损失控制在尽可能的小，比如说，阻力位/支撑位被突破，或
者说在take position后，走势跟原来设想的不一样，一定要尽快退出战斗。硬止，种
种原因，软止未能有效实施，一定要有一个神圣不可侵犯的 hard limit ( say, 8%
loss) 防止损失无限蔓延。
(only veteran will do this)
• AMZN 操作回顾
营利报告一星期前，可以讲走势很疲软，在43。5附近卖压很重，当时觉得大盘要回调
，且几个retail and internet stocks earning都不好，特别是EBAY，营利不错，却短
线遭到严重严重甩卖。whatever, shorted AMZN at $43 with 25% allocation，后来
AMZN被UPGRADE，涨到了$45，错误就是从这开始的，1)阻力位突破后未软止，2) 竟然
有加了10%。 3) hold large position through earning without any protection.
当天下午在YHOO AMZN论坛上一片叫卖声中，我心理很发毛，感觉应该出来，但觉得
AMZN earning不应该太好，赌堵吧。4) AH open new position with another 25% (
cleared other position to get the money). 其实这时形势已经不可控制了，因为我
变得非常急躁，有了接着赌下去的心理，真是车行千里，事出一米，教训深刻啊。到第
二天盘中，5) super-over-allocation, 我在$32K的帐户上放空了近70K的AMZN。账面
波动远远超过了我的心理承受力。这时我开始接受现实，实施 EXIT操作，其实全部
COVER就行了，但不甘心就此罢休，换成了12个 $60 June put, 之后换成6个 $65 June
put， 4个 $70 July put，2个 $75 July put, (我这样一流换下去是为了save
option’s time value) 我看到YHOO AMZN message board上大量放空留言以及后来出
来的short interest，我知道，轧空还远为结束，于是卖掉2个$75PUT，彻底结束了这
场恶梦。
(not gambling)
• 近期美股走势
我不是一个buyer, 但我觉得股市还远为见顶，至少从时间上讲。现在SP500 index 比
2月27日暴跌高出了100点，市场情绪却远远不及227前乐观。不论从技术面上还是市场
情绪上，看不出任何见定的迹象。在经历2001经济萧条，美国公司大量outsource，国
际业务进一步拓宽，很多熊派人士低估了美国公司对经济放缓的抵抗能力。美国大公司
的国际业务都占到了主营业务的40-60%，营利能力早已实现跨区域多元化，美元贬值等
价与美国公司在外汇市场获取丰厚利润，所以有些人觉得奇怪，美国GDP只增长了0.7%(
in 2001 the worst is +0.2%) ，公司营利却很漂亮。美元臭名昭著，进一步下跌不可
避免，但这并不意味美股将会下跌。
附，交易原则更新版：
BE PATIENT!!
0) over-allocation is a killer, when you want to add to a losing position
, think about AMZN to make sure you have good reason for that.
0) trade is about avoiding mistakes than making profits.
0)no open new position AH, close position is fine.
1) before you initiate a trade, write down the reasons for that.
2) no panic any time.
3) stick to limit, cut loss early.
4) stick to the plan that you have thought over.
8) hold on to your position, don't rush to jump from one to another.
9) don't short stock whose market cap is under 3B and volume is less than 3M.
10) don't let one bad trade affect other trades.
14) when you take a hedged position, don't rush to close positions on one
side.
15) usually don't play earnings, not even think about it, if play has to use
OPTION.
16) taking profit, don't hold any position until you have clear conviction
about where market is going.
17) never allocate more than 25% for initial trade, if add, no more than 50%
, newly added shares have
to be cleared quickly if it still doesn't go your way. IF YOU GAMBLE WITH
EVERYTHING YOU HAVE,
EVENTUALY YOU'LL END UP WITH LOSING EVERYTHING.
19) keep a cool head in case of unexpected catastrophe.
20) Never short good stock, never short strong stocks.
21) NEVER short on new HIGH day, only consider when it starts to go down.
22) first consider buy puts when you want to short stock, if you short stock
, always thinking about buy some calls for protection, this may not apply to
ETFs.
24) cut loss if you lose more than 8%, no compromise, put a stop order
whenever you make one trade.
-------------------------------------------------
• 短线交易是一份全职工作
企图在工作之余搞好短线交易的，请尽快放弃幻想。这一年半我只有4PM之后才能大致
专著于本职工作。很少有工作能让你这么作，旁边还有台professional 用的
ThomsonOne. 我经常半夜起来看亚洲股市，看CNBC,身心极为疲惫。现在总算彻底解脱了
(not for me)
• 看大盘作个股
曾经有个统计数字，个股的走势50-60%取决于大盘，25-30%取决于版块，10-20%取决于
个股。作短线最重要的就是判定近期大盘方向，逆大势操作个股，常如幽咽泉流冰下难
；顺大势操作个股，常给你轻舟已过万重山的舒畅。你觉得大盘短线中线见定，找一些
比较弱且处于阻力位的股票放空；若感觉见底，买入一些超跌且有相当支撑的股票；若
感觉大盘方向不明，可持大量现金，也可多空结合。我常看的指数包括：COMP, SPX,
DJIA, Russel 2000 (IWM), NDX, SOX, BKX, XBD, RLX, HUI, OSX,CRB, DX/Y.
http://www.sectorspdr.com/sectortracker provides SPDRs sector tracker.
大家可以在这个网址找到个股的阻力位和支撑位：http://www.nasdaq.com/asp/stock_consultant.asp?symbol=&selected=uso
(this one is really good)
• 个股选择
要不断积累自己的 watchList，熟悉各板块的龙头股票。短线操作最好避开small cap
/ low volume 股票，这些股票的低流动性，技术上操作很难预测。有时候，100股100
股的交易能让价格波动$1。有人说这不正好吗，作对了不可以挣很多吗？请记住，交易
不是赌博，交易首先就是要回避不确定性，没有七八成以上的把握，不可轻易动手。可
以到
http://www.bulltrade.com 偷点个股，窍门是在月末加入，然后马上注消，化$2-3。拿到股票后，再做点研究, insider trading, short interest, support/resistence level, etc. , 可以到
http://www.tradingmarkets.com/.site/powerratings 对个股一评价下，如果你有其他足够好理由，不要过度看待这个评价结果。另外，万不可勉强而为，没有合适的个股，可以搞些 ETF作作，QLD/QID/SSO/SDS 的价格波动可能高过一般个股。
(this one is quite helpful)
• 技术分析和情感分析相结合
很多技术分析图形让人看了发晕。决不可过多依赖技术分析，决不可参考太多技术指示
器，2-3 个就足够。信息太多就是没有信息。我常看的图形包括MACD, Stochastic,
Bollinger Band. 价格/ MACD 分离信号是我最喜欢的一个信号。http://www.stockcharts.com has all the technical indicators for free.
我看情感指示器看得更多，像名闻遐尔的VIX/VXN, PCE, 几个主要的情感调查，AAII,
II.另外就是看媒体网络，大多数人在想什么？华尔街金科玉律第一条就是，大多数人
总是错的。这是contrarian trading的理论基础。如果你现在还不知道或不明白这个道
理，你最好现停下来把这个好好搞清楚。我很喜欢的一个contrarian 指示器是 put/
call open interest ratio, 这是一个很好的contrarian指示器值得大家留意一下，当
这个ratio (当前月，最少三周expire, at the money) 严重偏向一方时，可以很安全
地trade against it. 到底怎么算严重偏向，无定则，需长期观察，积累经验。情感分
析有时对判断中期走势非常有效。
http://www.sentimentrader.com是我知道最好的一个网址，$19让你把所有的情感指示器一网打尽。
http://www.shortsqueeze.com 有所有个股 short interest数据。
http://www.secform4.com 可提供内线交易者最新交易记录，通常比雅虎早1-2天。
(not much experience, won't believe it)
• 资金调配与股票组合
资金调配与组合就象打仗调兵遣将，一定要合理规划，且不要动辄变动。我一般保持
40K交易额，一个position占用25%资金。非常有信心时，可做到50K，50K若继续追加，
最多就是$2000期权(且必须是well-in-the-money期权，不含任何时间价值)。千万不可
随心所欲，今天作40K，明天作60K，这个股票用50%，那
个用10%。资金调配与组合要形成规章制度，要有相对的稳定性。每六个月可对交易额
根据交易情况进行调整，但调幅不得超过30%。资金调配在你做错时至关重要，常常决
定你是否能挺过难关，起死回生。
(strong support!!)
• 交易计划与交易原则
写到这儿才发现把如此重要的题材放到如此落后的位置。。。有人做过一个试验，一组
交易员，要充分发挥聪明才智，作大量研究调查；另一组则纯粹靠抓阄。结果是两组表
现不相伯仲。还有一个数据，在5年时间范围内，85%基金经理敌不过SP500指数。股市
里没有专家，只有赢家和输家。那么这些职业交易人跟我们大众百姓的区别在哪里？就
是一个计划和原则，不仅是有无计划和原则，而且实际中能否坚定的贯侧执行?AMZN就
是一个活生生的教材。问一下自己，生活中是否是一个很情绪化的人？能否在交易中坚
定执行计划？如果不能，你的彻底灭亡只是时间问题。今天我把这些原则再贴出来，与
大家共勉。
(good point)
• 宁可错过不可做错，帐户安全高于一切
这是因为零和无限之间的不对称性，帐户面值触零是可实现的，一旦触零，游戏即告结
束，还记得你上次的margincall吧，把你帐户清掉后，你眼睁睁看着你的股票触底上涨
而回天无力。而无限是不可及的，今天失去了机会，可以以后补回来。这个原则决定实
际操作要慎之又慎，真正做到，静若处子，动若猛兔。
(most important!!! bloody experience)
• 止损，软止与硬止
软止，是说止损要快，把损失控制在尽可能的小，比如说，阻力位/支撑位被突破，或
者说在take position后，走势跟原来设想的不一样，一定要尽快退出战斗。硬止，种
种原因，软止未能有效实施，一定要有一个神圣不可侵犯的 hard limit ( say, 8%
loss) 防止损失无限蔓延。
(only veteran will do this)
• AMZN 操作回顾
营利报告一星期前，可以讲走势很疲软，在43。5附近卖压很重，当时觉得大盘要回调
，且几个retail and internet stocks earning都不好，特别是EBAY，营利不错，却短
线遭到严重严重甩卖。whatever, shorted AMZN at $43 with 25% allocation，后来
AMZN被UPGRADE，涨到了$45，错误就是从这开始的，1)阻力位突破后未软止，2) 竟然
有加了10%。 3) hold large position through earning without any protection.
当天下午在YHOO AMZN论坛上一片叫卖声中，我心理很发毛，感觉应该出来，但觉得
AMZN earning不应该太好，赌堵吧。4) AH open new position with another 25% (
cleared other position to get the money). 其实这时形势已经不可控制了，因为我
变得非常急躁，有了接着赌下去的心理，真是车行千里，事出一米，教训深刻啊。到第
二天盘中，5) super-over-allocation, 我在$32K的帐户上放空了近70K的AMZN。账面
波动远远超过了我的心理承受力。这时我开始接受现实，实施 EXIT操作，其实全部
COVER就行了，但不甘心就此罢休，换成了12个 $60 June put, 之后换成6个 $65 June
put， 4个 $70 July put，2个 $75 July put, (我这样一流换下去是为了save
option’s time value) 我看到YHOO AMZN message board上大量放空留言以及后来出
来的short interest，我知道，轧空还远为结束，于是卖掉2个$75PUT，彻底结束了这
场恶梦。
(not gambling)
• 近期美股走势
我不是一个buyer, 但我觉得股市还远为见顶，至少从时间上讲。现在SP500 index 比
2月27日暴跌高出了100点，市场情绪却远远不及227前乐观。不论从技术面上还是市场
情绪上，看不出任何见定的迹象。在经历2001经济萧条，美国公司大量outsource，国
际业务进一步拓宽，很多熊派人士低估了美国公司对经济放缓的抵抗能力。美国大公司
的国际业务都占到了主营业务的40-60%，营利能力早已实现跨区域多元化，美元贬值等
价与美国公司在外汇市场获取丰厚利润，所以有些人觉得奇怪，美国GDP只增长了0.7%(
in 2001 the worst is +0.2%) ，公司营利却很漂亮。美元臭名昭著，进一步下跌不可
避免，但这并不意味美股将会下跌。
附，交易原则更新版：
BE PATIENT!!
0) over-allocation is a killer, when you want to add to a losing position
, think about AMZN to make sure you have good reason for that.
0) trade is about avoiding mistakes than making profits.
0)no open new position AH, close position is fine.
1) before you initiate a trade, write down the reasons for that.
2) no panic any time.
3) stick to limit, cut loss early.
4) stick to the plan that you have thought over.
8) hold on to your position, don't rush to jump from one to another.
9) don't short stock whose market cap is under 3B and volume is less than 3M.
10) don't let one bad trade affect other trades.
14) when you take a hedged position, don't rush to close positions on one
side.
15) usually don't play earnings, not even think about it, if play has to use
OPTION.
16) taking profit, don't hold any position until you have clear conviction
about where market is going.
17) never allocate more than 25% for initial trade, if add, no more than 50%
, newly added shares have
to be cleared quickly if it still doesn't go your way. IF YOU GAMBLE WITH
EVERYTHING YOU HAVE,
EVENTUALY YOU'LL END UP WITH LOSING EVERYTHING.
19) keep a cool head in case of unexpected catastrophe.
20) Never short good stock, never short strong stocks.
21) NEVER short on new HIGH day, only consider when it starts to go down.
22) first consider buy puts when you want to short stock, if you short stock
, always thinking about buy some calls for protection, this may not apply to
ETFs.
24) cut loss if you lose more than 8%, no compromise, put a stop order
whenever you make one trade.
long run
I've made two 20k and one 16k long runs in the last three weeks. I am so confident that I can finish my first half-marathon in the coming weekend. The first long run seems not easy and the second one is not that hard. I made it on the top of the Burnaby mountain, a small loop of the campus. Each loop is about 3.3 km and I did 6 loops for the 20km long run.
There are some uphill and downhill in the loop. I love this trail as the terrain changes with up/down hills. When the weather is cool, like cloudy, the long run is a very pleasant experience. If it is too much sunshine, like in the 16k long run, it's easy getting exhausted.
Anyhow, for long run, you have to start slower. I usually made my first loop in 21-22 minutes. The second and third loops are the most exciting time as you are warmed up and not tired at all. The fourth and fifth ones are quite challenging and you have to endure them. The final one is exciting coz you know that you are approaching the destination. You were boosted by the Adrenaline.
There are some uphill and downhill in the loop. I love this trail as the terrain changes with up/down hills. When the weather is cool, like cloudy, the long run is a very pleasant experience. If it is too much sunshine, like in the 16k long run, it's easy getting exhausted.
Anyhow, for long run, you have to start slower. I usually made my first loop in 21-22 minutes. The second and third loops are the most exciting time as you are warmed up and not tired at all. The fourth and fifth ones are quite challenging and you have to endure them. The final one is exciting coz you know that you are approaching the destination. You were boosted by the Adrenaline.
Wednesday, February 20, 2008
Questrade Sucks!!!
I won't recommend Questrade to any of my friends and I will ask my friends to transfer out their questrade account. Their webtrader sucks. It shows inaccurate transaction history. When I called in, they send me to the www.penson.com website to check the history. I understand that they may have some connections, but it sucks that you got inaccurate information from questrade website and you have to check another website for the history information.
Also, the webtrader interface is so ugly. The claimed 4.99 trading fee is not true. If you trade more than 400 shares, the price goes up to 10+ dollars. I used to use CIBC, and I found CIBC is much much better than Questrade, even though I think CIBC is not a very good brokerage as well. I really regret that I transferred out my CIBC account. I have to transfer back to my CIBC account even though I have to pay $120 for the transfer.
Questrade Sucks!!!
Also, the webtrader interface is so ugly. The claimed 4.99 trading fee is not true. If you trade more than 400 shares, the price goes up to 10+ dollars. I used to use CIBC, and I found CIBC is much much better than Questrade, even though I think CIBC is not a very good brokerage as well. I really regret that I transferred out my CIBC account. I have to transfer back to my CIBC account even though I have to pay $120 for the transfer.
Questrade Sucks!!!
Friday, February 08, 2008
March into top 1,000,000 ranking
We've made a big jump in the ranking of star5.ca. It starts from about 11,000,000 in Dec. 07 and it is around 1,300,000 in the middle of Feb. 08. In less than 2 months, we have progressed 10,000,000 ranks. That's amazing. Some of my thoughts on the development of the star5.ca websites.
* beef up classified ad. add image upload, content editing, delete support, provide better service for registered users/merchants, email hiding, post emailing.
* add more yellow page content
* add advertisement platform, merchants can add/edit their own sale page, providing sub-domain names to sponsor merchants.
* add my Faceb00k application
* switch to dedicated server or dedicated shared host to provide better services.
* beef up classified ad. add image upload, content editing, delete support, provide better service for registered users/merchants, email hiding, post emailing.
* add more yellow page content
* add advertisement platform, merchants can add/edit their own sale page, providing sub-domain names to sponsor merchants.
* add my Faceb00k application
* switch to dedicated server or dedicated shared host to provide better services.
Tuesday, January 29, 2008
Time Fly
Time fly every second
ever since we were children
If you don't catch up the step
you aren't able to pick the life fruit.
Hey, how about my first English poem? Hahaha.
* We went to Calgary before the X'mas to visit my cousin and her family there. We had enjoyed the hot spring in Rockie Mountain. The snow scene in Lake Louise. I even went to my first ice fishing in Chain Lake at south of Calgary. You may check out the photo album below.
The Trip to Calgary
* The X'mas were quite busy for us. We only stay at home for two nights. Every day we had appointment with friends and had a lot fun with friends together. You won't feel lonely in such a busy and crowded holiday season.
* One more significant change in my life is that I had relaunched my Chinese Portal Website after the new year of 2008 with the help of TT, WB, and XJ. We are working together to bring this website up to the front. So far, we've made some progress. The 3-month Alexa rank of the star5.ca has jumped from 12M to around 2.5M globally. The 1-week rank is around 1M now. Only after 1 month's work. So, I believe that we can realize our goal to reach 1M within 3 months.
ever since we were children
If you don't catch up the step
you aren't able to pick the life fruit.
Hey, how about my first English poem? Hahaha.
* We went to Calgary before the X'mas to visit my cousin and her family there. We had enjoyed the hot spring in Rockie Mountain. The snow scene in Lake Louise. I even went to my first ice fishing in Chain Lake at south of Calgary. You may check out the photo album below.
The Trip to Calgary
* The X'mas were quite busy for us. We only stay at home for two nights. Every day we had appointment with friends and had a lot fun with friends together. You won't feel lonely in such a busy and crowded holiday season.
* One more significant change in my life is that I had relaunched my Chinese Portal Website after the new year of 2008 with the help of TT, WB, and XJ. We are working together to bring this website up to the front. So far, we've made some progress. The 3-month Alexa rank of the star5.ca has jumped from 12M to around 2.5M globally. The 1-week rank is around 1M now. Only after 1 month's work. So, I believe that we can realize our goal to reach 1M within 3 months.
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