This year you’re going to do things differently. That fancy cappuccino you buy every day? You’ll make coffee at home. That no-fee bank account you said you’d sign up for? This is the year you’re going to open it. If all goes according to plan, you’ll accomplish these financial goals, as well as all the others you’ve…
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They walk among us, endowed with a superpower invisible to the naked eye. Before an important early meeting, they never have to forgo a shower and settle for dry shampoo and a baby wipe. They rarely wake with a jolt at 10 in the morning and stare groggily at a phone screen with five missed…
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Most people realize that the mind and body are connected into a feedback loop. “A healthy mind in a healthy body” is why psychologists and physicians alike recommend sensible eating and regular exercise. Neuroscientists, however, recommend a different approach. Because they know that body-centric lifestyle changes (like diet and exercise) are difficult to maintain, they recommend starting…
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The topic of loss aversion made an appearance briefly in my reading list again last week and as usual, the author hadn’t really thought about the problem and had merely parroted the usual stuff as to why traders cant take losses. For those who are unfamiliar with the basis for loss aversion it simply states …
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Courtesy of Wayne and Annette R who share my somewhat eclectic taste in music.
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I have mentioned before that the only thing I got from Australian history at school aside from our national preoccupation with celebrating defeat (Gallipoli) and eulogising drunken brawls (Rum Rebellion and Eureka Stockade) was the fact that the people who made the real money from our various gold rushes were the people who sold the…
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Jason McIntosh and Louise Bedford talk about the importance of not believing our own press and the perils of ego. Watch Jason’s free training so that you could grab the sharemarket rewards you deserve. You’ll see his trades, entries, exits and trading rules and get his incredible views on the markets for free. Get this intensive…
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Louise Bedford here. Jason McIntosh continues to enthral blog subscribers with his top articles. Here’s another one from Jason called… An Adrenaline Rush Like No Other – by Jason McIntosh “GET ME CALLS … GET ME CALLS!” was the war cry from the spot Aussie dealer. Australia’s trade numbers had just come out, and they…
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All of trading is a compromise based upon what you want out of the market and what the market can give you at any given time. It is at this early point in my section that people begin to get frustrated because they become obsessed in part by the need for perfection. Trading is not…
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