Are market bubbles caused by traders’ testosterone levels?

Research conducted at Ben-Gurion University of the Negev (BGU) has determined that psychological momentum significantly affects performance among men but not among women, which may account for exaggerated risk-taking in financial and business endeavors among males. Psychological momentum is defined as a state-of-mind where an individual or a team feels things are going unstoppably their…

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Ouch…….

I woke up this morning to note that my short term positions in gold and silver had been knocked out by a spike overnight. This meant that the last pyamid position was a loss and because I run a wide stop the overall position was just a bit better than breakeven and I thought…bugger. Then…

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Success

When I first went to university the initial week was filled with the usual getting to know the lay of the land such as how the library works (in a surprisingly mysterious way I might add), where various labs where and what the protocol for various subjects was. One of the most striking events was…

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