Thanks to Kathy Yakal and Theresa W. Carey for the kind words about my site in this weekend’s Digital Investor column at Barron’s. (subscription required) When I started this blog about 18 months ago I would have never imagined being mentioned in Barron’s. Hopefully they won’t mind if I ‘liberate’ the section of the article about my site (I’ve added some links):

Blog On

“Despite all the noise and random content in blogs, many bloggers have become sources for breaking news, fresh ideas, and expert commentary,” according to a recent Morgan Stanley report, “An Update From the Digital World — October 2004.”

And so we continue to scour the Web for the best blogs. This week, we looked at TraderMike (www.tradermike.net). The proprietor, Michael Seneadza — he describes himself principally as a short-term (or “swing”) trader who also uses longer-term trends to help him time his moves — calls his blog a trading diary of sorts. His background is not in finance but information services, which he abandoned for a new vocation as a full-time trader in 1999.

Mike posts a detailed description of his trading philosophy, as well as many educational entries, covering elements like moving averages. It’s an intelligent, informative, well-written blog that combines his and a few other bloggers’ comments on market moves with pertinent content from sources like Forbes, Trader Wizard, Yahoo! Finance, and RealMoney.com. Charts illustrate Mike’s points, and a watchlist chronicles his possible trades. Recent entries covered the debate over whether Google is a bargain or screaming short now, and the seven habits of ineffective traders. A good set of links takes you to recent comments and most visited posts, other blogs, and investment Websites. And TraderMike posts a disclaimer that echoes our advice about any respectable blog: Posts should not be construed as recommendations; they are for informational purposes only, or: Take the good ideas, but continue to do your own homework.

For other market related weblogs visit the ‘Stocks/Finance’ folder of my newsreader or see David Jackson’s ‘The Finance Blog Resource Page‘.

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