My experiences from the Czech Republic RMS market Is, that price depend only on the SPAD market. Price is usually 0.5% up or down SPAD (if SPAD go up, it’s up the SPAD price…). It’s good for selling, when the market going up, because you may sell it with higher profit, but if you will miss the turn-over point you will claim high punch .

Liquidity is good, but problem is, that you don’t know If you will sell or not, it’s the auction. I’m someone trying sell for 100, not sell cancel it and go down to 99.8, 99.5…, and still not sell. In the SPAD market the brokers which creating market must buy from you!

Problem is too, that if you not trading with BAACEZ (ČEZ), which is the top one stock on the Czech market, and you trading with BAATELEC (O2) or BAAUNIPE (UNIPETROL) the market is slow and someone selling only, for example, once per 30 minutes . So you looking on graph, which not changing, and you don’t know where the price is right now…

I asked my FIO broker , if they may lower his own stock commission (I’m trading daily now) on Czech Republic RMS market from the 0,29% (RoundTrip 2*0,29%) to something lower as is 0.1% (RT 2*0.1%). Commission of the 0.1%, Is for example on the EU XETRA market via InterractiveBroker .

FIO is owner of this RMS market! So sure they may do it and lower my commission, but they rejected this my request and wrote me, that this commission is one of the lowest on the Czech market. It’s right, but try trade daily with the RoundTrip commission of 0.58% . If you will trade only once per day it’s something like 200 day * 0.58% commission = 116 % of the your whole property per year payed to your broker . So If you trading with 2k € you will pay each year 2.32k € to your broker LOL. Try be in profit in this situation…

For example I bought 26. 9. 2008 250* BAAUNIPE at 189,4 and sell it same day for 189,9 and I was in LOSS, yes loss! of 150 CZK .

Problem of the high broker commission is too , that if you are in the situation, that you must sell right now, you don’t sell only because your broker commission will kill you, and yourself, that the price must go little up …

Graph (FIO broker) is from big SPAD (EU – Czech Republic) market. My orders was placed on the small RMS market, where the price fluctuate heavy +-5 CZK around SPAD . At RMS I usually buy better than on the SPAD market, but I must sell quicker, when the price go up at the SPAD. If the price start falling down at the SPAD the RMS accepting only very low price .

Buy:

Firstly I draw red line under minimums and green line at the expected profit .

The minimum for 24. 9. 2008 was from  596 to +-597, the price go down to 593, i place order and bought at 591,3 .

(click to enlarge)

Sell:

Now I must little wait and look market very carefully, if it will go down i will sell! This is the most difficult part !!! I must be strong, and if market not return to usual limits, it’s regular breakout and price will FALL DOWN HEAVY!

Market go up for whole day, with large correction in 15-16 hours (as everyday…, everyone ending in this hour his positions).

Today 25. 9. 2008 I watch the USA market (USA storing lot of money in the CR market…), which fall down to -0.27% (NASDAQ 0%), so i can’t expect any large push up in price! At the 11 hours I meet my internal goal of +-400 (410 wasn’t realistic according to the USA results), so i placed sell order at the nice 399,7 and wait. If someone will buy it, or the price will go up (if go up, i will cancel the order and wait). Someone buy my stocks at the 401 and i realized nice profit .

(click to enlarge)

So this is way, how I’m today make some money

MKV Matroska video container is like bank . It working so well, but what is inside?

I did some research, with focus on my own HD content in the MKV files.

Video:

• h.264 /AVC1 – nice video codec usually encoded by x264 , his quality is very, very good .

Audio:

• DD DolbyDigital 5.1 6.1, which is internally marked as a/52 or AC-3 (this confused me for the very long time ), DD Is the classic one and very popular, but quality isn’t top.
• DTS Digital Theater System 5.1, DTS-ES 6.1 – DTS is better than the DD. Especially in concerts is DTS the must (or pure uncompressed LPCM).

Subtitle:

• SRT – text subtitles
• IDX – VobSub subtitles
• SUB

Subtitle is usually inside the MKV file (this was news for me too, firstly I’m looking only for audio and video inside the MKV, and what i find, that i don’t need search subtitles on web, firstly i must look deeply inside the MKV container, if subtitle isn’t inside it), but if someone forget margin it inside, you will find .IDX or .SUB file together with the Matroska file.

Tools:

One of the best free tool to display detailed audio and video specification (not only of the .MKV file) is MediaInfo . It working nice and accurate. It’s easy to right-click on any video file, and take instantly all this detailed information about bitrates, resolutions,…

Player:

And finally the good player is VLC . Try new VLC betas with tons of new features. And don’t forget to set S/PDIF to your audio receiver (if your receiver support direct digital stream), the audio quality will be the top one.

It’s extremely ugly weather . Raining for days , i don’t like this never-ending rain .

Sun is covered by tons of clouds, day-light shorting.

It’s very easy to fall into depression .

As the solution i will start visiting of town big swimming-pool, focus on my work success and light up my 5*120 W light bulbs (it’s the saving ones, which consume only 5*24 W). This may really help.

I’m missing only sunbathing very much , but what i may do…

(click to enlarge)

This stock exchange crash isn’t for me . Try make some money, when the whole market crashing and your brokers RT fee is 0.802 % with spread around other 1%.

Today i sell my 1082 BAACEZ position for only 1020 (and i tried sell it for 1050-1030 CZK).

I will focus on adult . I can’t make any money, in long position, on falling market, when every profit consume broker, and when i’m waiting little more my money is out.

I’m totally pissed now.

This is screenshot of last 10 days of BAACEZ stock. It looking, that down-trend is gone and new up-trend gaining strength (green line). Market opening after 3 hours at 9:10 am. I will buy CEZ and this will be my first buy planed only on trend-lines . Will it be successful or not? I will see .

(click to enlarge) Graph provided by fio.cz broker (I cut out the 16-17 hours).

Buying:

9:00 RMS was opened, I send instruction to buy one lot (50) at 1050 CZK (under-priced), no one sell me this

9:0x SPAD opening, the big buyer take up the price to 1067!!! Wow, BAACEZ is hot today!

9:15 (5 mins after the KOBOS opened) I bought 54 stocks at 1084 CZK at KOBOS market (RMS was on crazy 1090 CZK)

Now is time to watch carefully my position and exit (sure based on trendline) in the right moment.

Is anything worst, in the stock speculation, than the hope ?

Situation: I’m holding big position of BAATELEC (CR KOBOS) bought at +- 518 CZK

1) Everything is fine, trend going up fine. At the 12. 9. 2008 will be payed a large amount of dividend (50 CZK to every single stock in price of 5xx CZK), so it "must" go up. I analyzed last few years around the dividend day and will sell before dividend day and buy after it, this will give me a nice profit. The price cross the trendline! If i was robot, or good trader, i was sell… I NOT Sell. What a mistake! I not sell because if i sell at this price, i will sell without any profit. 522 minus my broker commission 2 CZK = 520, what is +- 518 the price, where i bought stock.

2) price giving me small punches , but this Friday will be dividend payed (every single year before it, price go up before the dividend day), so it must go up. One extra big sell put down price to 507? What is wrong?!

3) I was prepared to sell first time, but its’ Monday 8. 9. 2008, and this is the first day, which price going up , everything look perfect (that the down-trend is over and beginning the up-trend). What a mistake. New down-trend begin and I’m selling today at the price 488 (-6% profit ).

(graph is from the Fio e-broker on-line platform)

Conclusion:

1) Hope is killer, be a robot . In the stocking speculation isn’t place for emotion.

2) If is trendline crossed, sell, SELL and fucking SELL!!! Uff.

3) One big sell may put price -2% down (absolute wow).

But I’m happy today. My position is closed, I will sleep freely without any nightmares , what will do stocks tomorrow.

How i analyzed my situation in 488 :

Before I sell at 488 CZK i analyzed my situation as the my mistake (that i not sell at 522) with two ends:

1) I may wait and  hold to the time , when the price will go up again to the 518 (my buy price) and up. If is this only some usual fluctuation. BAATELEC is good stock, big stable telecommunication (not some bank…) firm with P/E 15 and extra big dividends. It may go to my buy position to the end of year. But if this is the beginning of market crash (and every other stocks in the CR market falling today -6%, because USA selling it hard) i may wait forever…

2) I may sell now with loss and immediately when this stock begin new trend buy it again. And "play" like real speculator.

It looking, that market crashing , so 1) is bad, i must sell and do 2). I will not wait 5 years in pains and pray to go my stock up. I need some practice, to trade. So the best alternative was sell. And when i will recognize the next strong uptrend i will buy again. This very strong down-trend is excellent opportunity to buy , which may not repeat in next few years! So i will not wait and pray. I did, what was right for me as the speculator and for my money!

I changed font of this blog to Verdana .

Concretely to: "Verdana,Arial,sans-serif". If isn’t Verdana installed on the computer (on Linux sometimes isn’t Verdana) is used Arial as first substitution, or base font family sans-serif (any font without serifs).

How you like this Verdana font especially in title and text of articles? Does articles read good?

Second improvement was little space after all paragraphs . So paragraphs are now separated better and it helping to gain text recognition too.

Today, I’m thinking about, what will indicate me the fastest way buy or sell signal .

I experimented with MACD seriously, and this indicator giving me right opposite signals , than i need. Last time i bought just in the oversold peek ! MACD indicate me the buy signal exactly in the place which was the best for sell . Funny, but very unprofitable way, how to trade stocks .

What i need is something without delay . "Something" without delay is trendlines .

Second problem is, that market moving very strongly for whole day and the best way, how to enter or exit it, is watch it for whole day , and this will consume a lot of time .

If you are holding some long-term position, will you relax somewhere in the nature, or watch your position at least every single hour… Maybe some small PDA device with stock SW monitor (my FIO broker support it) it’s the way…

Market is so fast in this days. Or at least if market falling, it is SO QUICK. It’s amazing. If market go up, it’s 1 % per day and if falling it’s 3-10 % per day. When market falling it is big opportunity to invest! When I’m in the long position only real-time monitoring if price cross or not cross (sell signal) my trendline will give me the best profit and i will exit in the higher price.

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