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Best Hurricane Blog Out There?

best of financial blogs online trading

Bill Luby

Bill Luby of VIX and More

Aug 29, 2008

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I am by no means a weather junkie, although many years of sailing have helped transform my curiosity about weather systems and related phenomena into just enough knowledge to get me into trouble.

As I am also interested in market volatility and the commodities markets, each hurricane season gives me an opportunity to scour the web to update my favorite hurricane links, which seem to increase in quantity and quality each year.

There is one hurricane blog out there that strikes me as the undoubtedly best in the business: Dr. Jeff Masters Wunder Blog. Masters is one of the founders of The Weather Underground (that would be the meteorologists, not the radical bombers) and his blog is well written and filled with top notch content. The Wunder Blog has also attracted the attention of quite a few aficionados who do a surprisingly good job of augmenting Masters’ content in the comments section.

Side note: if you ever wanted to know what it is like to fly into the eye of a major hurricane, check out Masters’ harrowing account of Hunting Hugo

by Bill Luby (VIX and More )

Disclaimer:

Please note that charts and commentary provided by the moderator are for educational purposes only. Any trades placed upon reliance on the moderator’s charts or information is taken at your own risk for your own account. Past performance is no guarantee of future results. While there is great potential for reward trading stocks, futures and options, there is also substantial risk of loss and you must decide your own suitability to trade. Future trading results can never be guaranteed. This is not an offer to buy or sell stock, futures, options or commodity interests.

Most trading systems are based on historical formulas which have worked in the past. However, what has happened before may or may not happen again. You can lose all your money trading stocks, futures, and options and you must decide your own suitability as to whether or not to trade. Only trade with true risk capital you can afford to lose. Only trade markets you can properly afford to trade. Properly funded trading accounts typically perform better than those that are not. Never risk more than 2-3% of your account on any one trade. Always define your risk before entering a trade and place a stop to limit your risk.

There are no guarantees or certainties in trading. Trading involves hard work, risk, discipline and the ability to follow rules and trade through any tough periods during a system’s draw downs. If you are looking for a guarantee, trading is probably not for you. Most people lose money trading. One of the reasons is that they lack discipline and are unable to be consistent. A system can help you become consistent. Ironically, worrying about the monetary aspect of trading can contribute to and cause a trader to make trading errors. Therefore, it is important to only trade with true risk capital.

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