QOTD
Insisting on perfect safety is for people who don’t have the balls to live in the real world. Mary Shafer -NASA Dryden Flight Research Center, Edwards, CA SR-71 Flying Qualities Lead Engineer I stumbled across this quote and thought it was the most perfect description of what is required for trading. If you dont have…
The secret to happiness? Stop trying to be happy.
A few minutes after Neil Pasricha learned his wife Leslie was expecting their first child, he got an idea for a book. They were sitting on a plane returning to Canada from a trip to Asia when a flight attendant handed them a plastic-wrapped muffin with a scrap of paper that read, “Congratulations!” Leslie had…
Ok…..Im Confused
This popped up on my feed this morning. Long story made short. All analysts say Spotless is a bust, one analyst says no you are all dickheads – its actually worth $1.15. Spotless halves and then through a fluke gets a takeover bid lifting prices to $1.05. Analyst who said it was worth $1.15 is hailed…
The Astonishing Vision and Focus of Namibia’s Nomads
Nestled in a grassy valley of north-western Namibia, Opuwo may seem like a crumbling relic of colonial history. With a population of just 12,000, the town is so small that it would take less than a minute to drive from the road sign on one side of town to the shanty villages on other. Along…
Playing Versus Doing
A mate of mine sent me the clip below. I am an unabashed fan of combat sports. I accept that they are violent in tone and to the outsider appear brutal with potentially devastating long term consequences for the participants. Anyone who has ever been hit in the head can attest to how awful it…
Does News Move Markets….Sort Of…Maybe…Well No Actually
I was chatting the other day with someone who was having trouble with their trading system. Their approach was based on trading news events. Such a plan is predicated on the notion that news events move markets in certain ways and whilst this movement might not be wholly predictable it will at least generate some form…
I Like The Finns
Apparently they line up in such a manner that the distance between them minimises the chances of interacting with a stranger…..my kind of people.
RIP Chuck Berry
This is my favourite Chuck Berry clip simply for the wild eyed look he gets when Yoko One starts squealing as if someone had given her a Rubiks Cube suppository…
Financial Disclosure
The disclosure statement below is currently doing the rounds and it is apparently from a long defunct fund called the IPS Millennium Fund. Apparently it is being lauded as being an honest example of what a disclosure statement should be instead of the usual corporate speak that these things are comprised of. However, the tone of…
Are market bubbles caused by traders’ testosterone levels?
Research conducted at Ben-Gurion University of the Negev (BGU) has determined that psychological momentum significantly affects performance among men but not among women, which may account for exaggerated risk-taking in financial and business endeavors among males. Psychological momentum is defined as a state-of-mind where an individual or a team feels things are going unstoppably their…
Ouch…….
I woke up this morning to note that my short term positions in gold and silver had been knocked out by a spike overnight. This meant that the last pyamid position was a loss and because I run a wide stop the overall position was just a bit better than breakeven and I thought…bugger. Then…
Expert Interview Series: Louise Bedford
LB recently did a guest spot on Expert Interview for Best Choice Software. The entire thing can be found here.
FINANCIERS FIGHT OVER THE AMERICAN DREAM
A long read but worth it. In the past I have written about the danger of combining hubris with concentration bets. One day in the summer of 2011, Christine Richard arrived at the forty-second floor of a high-rise on Fifty-seventh Street in Manhattan to visit a hedge fund called Pershing Square Capital Management. Richard worked…
THE LONGEST RUNNING REPEAT-FOR-FREE TRADING MENTOR PROGRAM IN THE WORLD
Want to be an exceptional trader? Learn from the best. Chris and Louise have found the way to take the guesswork out of share trading.They can teach you how to do this too!
WANT TO HEAR MORE?
![arrow](https://www.tradinggame.com.au/wp-content/uploads/2017/04/arrow.png)
Want to learn every instrument, over every time frame, where you trade your own plan?