With a little more time on my hands this afternoon, I ran the same analysis I did for the S&P 500 on the NASDAQ 100, looking at precedents for its Friday session’s decline. I then it dropped it all into an infographic.
The most recent collapse in crypto has shown the market’s inherent fragility and its inability to absorb size when it comes to selling. In part, this comes down to the fact that a large percentage of crypto trades are fake or sham trades – something that has been noted for a while. The impact of…
It is intriguing that the first reaction to any market move that does not reinforce the existing group recency bias is to panic. This is the somewhat breathless reaction from both the financial press and the interwebs to Friday’s slippage on Wall St. As a refresher, here are the closing figures for Friday’s session. Not…
From Puru Saxena on X (Twitter) comes this somewhat sobering table about chasing hot IPO’s.
It makes perfect sense now…. View this post on Instagram A post shared by Joe Fenti (@fentifriedchicken)
It is said that there are only two certainties in life – death and taxes. To this, we can add governments being total f$5ckheads. I have been trying to get my head around some of the raft of changes the government introduced in the budget. This is my best attempt to view them from a…
LB posted this series of challenges in the Mentor Program, and they were too insightful not to share.
What do you do when the market feels like it’s being pushed around by politics, global events, and constant breaking news? Do you react… or do you stay the course? In this episode of Talking Trading, Louise Bedford sits down with Jason McIntosh to unpack how experienced traders navigate volatile markets without being pulled off…
Markets broadly operate in two dominant phases: wealth creation and wealth destruction. Too often, investors and traders fail to participate fully in the former, only to allow the latter to devastate whatever gains they may have made. Such a situation is unfolding on the ASX at present with CSL. For decades, CSL was viewed as…
I am currently making my way through Andrew Ross Sorkin’s excellent 1929, a day-by-day account of the events leading up to the 1929 crash. As you would expect, the book is full of big characters who are full of themselves. One aspect of human psychology has always been that bull markets convince people that they…
These are firms that have survived recessions, world wars, colonial collapses, and technological revolutions. The oldest of them, a Japanese construction company called Kongō Gumi, was founded in the year 578 A.D. That’s not a typo. They’ve been in business for over 1,400 years. When you study these organizations, you realize that our modern definition…
Whatever way you look at it trading is an activity that requires to traders to be at the top of their game, mentally, physically, and emotionally. Much of the video below should be second nature ot you – particularly the part about sleep. I understand that living in the Southern Hemisphere makes accessing markets more…
One of the interesting things about the world of trading is that so much has changed, but in reality, so little has changed. The basic principles of trading have remained unchanged since we first started swapping coloured pebbles with one another. Most importantly, the psychology of trading hasn’t changed and probably never will, simply because…
Trading is not about charts, systems, or market secrets. It’s about cultivating the quiet courage to act, to endure, and to live a life others only dream of but never dare to attempt. Being a successful trader requires courage, a truth that is almost always overlooked. In the public imagination, trading is often portrayed as…
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