One of the most troubling thing I find about new arrivals to our mentor program is their reliance upon external sources of news and the profound cluttering effect this has upon their thinking. This paper gives 15 reasons why the news is bad for you . Avoid_News_Part1_TEXT In summary they are – News misleads systematically…Details
As a self confessed grumpy bastard I found this article rather refreshing.
Traders often complain about ranging markets and the difficulties they present. However, this is once again a reflection of the short sightedness that traders have and the belief that if the market is not doing something, whatever that something may be then it will never do anything ever again. I have a slightly different view…Details
Snapped before the close – the market does not seem in a hurry to go down.
I love a good Benny Hill moment. This is a make yourself a little smarter post so pay attention blogophytes’ Here is a test for you – get a box of muesli that contains nuts and jiggle it. Surprisingly after vigorous jiggling the heavier nuts have risen to the top and the lighter other bits…Details
Much has been made in the past few days regarding the impact upward movements in the price of oil are having upon the markets. Pundits are throwing around various numbers for possible targets for all. These are little more than educated (being polite here) guesses. However, what is a fact is the current upward trend…Details
–Freeman Dyson, How We Know, March 10, 2011 “In the twentieth century, genomes of humans and other species were laboriously decoded and translated into sequences of letters in computer memories. The decoding and translation became cheaper and faster as time went on, the price decreasing and the speed increasing according to Moore’s Law. The first human…Details