Whilst much is written about the many aspects of trader psychology little is written about how boring trading can be as you either wait for an appropriate signal to appear or you sit with an existing position. Trading requires a great deal of patience – the problem is that everything associated with markets seems to…
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Or so said Henny Penny in the well known story and this seems to be the reaction of everyone on my LinkedIn feed at present. So a little bit of context is needed and as usual this context is provided by looking at data – a surprisingly rare occurrence in the world of finance. If…
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I am lead to believe that the Australian financial media have only just noticed that iron ore has been falling for two months. Just for those in the media who need to come up to speed here is a chart.
I have just snipped the image below as the market in the US closes. The US market is apparently being rattled by the potential for ripple effects from Evergrande the Chinese real estate group which as can be seen below does look distinctly wobbly. However, markets go up and markets go down. I understand that…
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One of the most difficult issues for traders to overcome is their emotional investment in the outcome of any trade they take. Every time you take a trade long or short there is some degree of emotional investment even in the most experienced trader. There is no nexus between being right and being profitable but…
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I was playing with the top 500 local stocks by capitalisation and decided to generate the table below which looks at the year to year performance of the top 10% which I arranged into very loose bins below. As you would expect there are a small number of outliers and a cluster around the bottom…
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