Quote Of The Day

“For me, trading is all about mastery:  the mastery of markets’ complexities and the myriad challenges of self-mastery. “Brett Steenbarger, I quite like Steenbargers work – a copy of his Enhancing Trader Performance: Proven Strategies From the Cutting Edge of Trading Psychology sits in my bookshelf. However, I have to take issue with this quote…

Details

Make Yourself Smarter Time

Okay blogopytes time for some reading. India Is Growing, But Indians Are Still Starving – much is made of the coming of the Indian juggernaut but until they can actually feed their people they will continue to lag behind the other emerging superpower China. The Only Thing That Really Matters. When We’re Cowed By The…

Details

Magical Thinking

Uncertainty in the presence of vivid hopes and fears, is painful but must be endured if we wish to live without the comfort of supporting fairy tales. – Bertrand Russell You would think that in the hard-nosed world of trading, the only concepts that are applicable would be reason, logic and discipline. The current buzzword…

Details

Optimism

Whilst I was away in the Gold Coast where it is still 1992 and enjoying the delights of probably the worst hotel in Australia I caught up with this little piece in Time regarding optimism and its function as an evolutionary survival mechanism. “Scientists who study memory proposed an intriguing answer: memories are susceptible to inaccuracies partly…

Details