Apparently I am Not Going To Die
As a regular user of sauna’s to manage post workout soreness I am heartened by this headline. Source – Healthiest Blog
Statistics And Elections
One of the more annoying things about the US election;as if it were at all possible to list all the annoying things in one sopt is the inability of journalists to understand basic statistics. Consider the graphic below which I snipped from the site FiveThirtyEight Most are interpreting this as a lock for the Clinton…
FoMO
For those who are not up with the current vernacular FoMO apparently refers to Fear Of Missing Out. According to Wikipedia FoMO is defined in the following way – Fear of missing out or FoMO is “a pervasive apprehension that others might be having rewarding experiences from which one is absent”.[2] This social angst[3] is…
S&P 500 Gaps
Interesting to note the number of times the S&P 500 has a had a gap reversal out of a downtrend in recent times.
An Interview With Robert J. Shiller on Behavioral Economics
Warburton: So what you’re saying is that traditional economics has focused on an ideally rational individual, asking, “What would such a person do if he or she behaved in their own best interests based on the information available?” But behavioral economics brings in the fact that we don’t always behave in our own best interests.…
Why You Should Never Trust Social Media
There was momentary alarm on Japanese social media overnight after a well-known day trader tweeted news of a press conference announcing the resignation of Kuroda. Some day traders jumped to the conclusion that Haruhiko Kuroda, governor of the Bank of Japan, was suddenly poised to step down. More here – Bloomberg
Now This Is A Boom
Sales in Canada’s biggest city rose 12 percent to 9,768 transactions from the same month a year earlier, while average prices jumped 21 percent to C$762,975 ($569,852), according to the Toronto Real Estate Board. The average price of a detached home was C$1,034,077, up 26 percent on the year. New listings rose 0.9 percent to…
Why Smart People Make Bad Decisions
1. Intelligence increases the ability to fool yourself with elaborate stories about why something happened. Average people can often learn faster than the superintelligent, because the superintelligent try to cram the real world into the theories they’ve been taught, while average folks are better at accepting the real world at face value. Here’s the thing:…
How I feel About Trading Some Days
Spotted in the physics department of Ohio State University.
The Psychology and Neuroscience of Financial Decision Making
The Psychology and Neuroscience of Financial Decision Making from Trading Game Pty Ltd
What A Difference A Day Makes
I was going to post the chart below as candidate for the most boring chart of the year alongside the USD/CHF but a wee bit can happen in 24 hours. The S&P 500 has had no net effective gain since 06/2015 which does make it a long time between drinks for long equity traders. When I…
THE LONGEST RUNNING REPEAT-FOR-FREE TRADING MENTOR PROGRAM IN THE WORLD
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