Fans of cinema will recognise the title of this post as coming from a speech by Marlon Brando in the 1954 classic On the Waterfront. The quote also applies to many traders who let opportunities slip through their fingers because of a lack of courage. Courage is rarely discussed in the context of trading, but…
Details
This article is behind a paywall, but you can get the general gist from the opening two paragraphs. If the pay of local fund managers were based on ability, the vast majority would be delivering newspapers to make ends meet. China is considering slashing pay of fund managers who underperform their benchmarks as part of…
Details
One of my favorite threads of research shows just how interconnected we humans are. Studies reveal that if you bear witness to someone else experiencing pain—whether it’s a someone close stubbing their toe, a person experiencing homelessness on a damp street corner, or a somber face in the waiting room of a hospital—you’re likely to…
Details
Decades as an investor and trader on Wall Street have taught me that market panics come and go. Geopolitics, inflation and dire warnings, among other variables, can make a mess of things — and the ensuing volatility often fuels our urge to make a decision, any decision. Especially the bad kind. More here – Bloomberg
Details
This is the story of the revelation in late 2013 that Bitcoin was, in fact, the opposite of untraceable—that its blockchain would actually allow researchers, tech companies, and law enforcement to trace and identify users with even more transparency than the existing system. That discovery would upend the world of cybercrime. Bitcoin tracing would, over…
Details
For Shigeru Fujimoto, an 88-year-old day trader who lives in this capital of Hyogo Prefecture, his “workday” starts at 2 a.m., when most of the population is asleep. The octogenarian first stretches to loosen up before he makes coffee and switches on his three computer monitors. On a recent day, Fujimoto was seen checking out…
Details
One of the most frustrating things in trading is the persistence of idiocy, which holds traders back. The chart below or a variation on it regularly appears on my social media feeds—generally posted by someone who trumpets the initial CMT or CFT after their name. I’ll tell you more about them in a minute. The…
Details
When I first began my trading journey, the single available market was the ASX, which was not a fully integrated exchange at the time; there were separate exchanges in Melbourne and Sydney. The market opened at 10:00 a.m. and closed at 4:00 p.m., and provision was made for a long lunch for brokers to wander…
Details
I'm your go-to-expert for all things related to our exceptional Trading Game Mentor Program. So don't hold back, ask me questions about the course. And remember, being patient is key as my AI bot skills need time to find you the right answer.
Also, don't forget to register for Priority Notification for the Mentor Program and get a whole heap of free trading resources.
To get that done, go to this link:
https://www.tradinggame.com/priority
