China
Interesting BBC piece on China
Irrational Beings
Within the world of trading one would have an expectation that rationality was a key underlying feature in not only the decisions we made, but also the underlying philosophy that guided market participants in general. As a poor example of this expectation that markets are rational and therefore predictable consider this somewhat inane little puff…
DetailsFricken Zombie Ants
For a geeky bastard like me this is simply gold.
Japanese Engineers.
I have a leaking pipe on my nature strip and it has been leaking for ages. I reported the problem to Yarra Valley water six months ago and they sent out a bloke who in a somewhat disinterested manner stuck a wooden stake into the ground with a little flag on it. When asked what…
DetailsCFDs are they the devils spawn?
There has been some chatter on our mentor forum about CFDs – as such I thought it worthwhile to reproduce an article I wrote for the Trading Game Newsletter following the collapse of Sonray last year. Over the past few weeks much of the chatter from brokers and others on the supply side of…
DetailsOh Dear……..
It is this sort of thing that gives people who use price as a determinant a bad name. I grabbed this review from the comments section – couldnt agree more. A perfect example of a technical analyst disappearing so far up his own fundament he can’t see the light through his sphincter
DetailsDiseases of Affluence
RECENTLY I WORKED as an internist-intensivist at the Canadian Combat Surgical Hospital in Kandahar. Most of our casualties were Afghans: National Army soldiers, National Police and civilians caught in crossfire. They were diminutive men, almost always less than a hundred and forty pounds. I cannot comment on the body masses of the Taliban—they were never…
DetailsPoker
Traders are often surprised at how close trading is to games of skill such as poker and blackjack where players exploit small skill advantages and a ruthless understanding of money management to be successful. Cates earned his stake by grinding, the term used to describe the process of pressing a skill advantage over an extended period of…
Details