I did not know this, although there are historical precedents such as Germany in the 1920’s. At a delicatessen counter in eastern Caracas, Humberto Gonzalez removes slices of salty white cheese from his scale and replaces them with a stack of bolivar notes handed over by his customer. The currency is so devalued and each…
Whilst I was recently in Toronto I noted that there was a degree of hand wringing about the current state of the property market in Canada and the resultant increase in household debt that had accompanied this. Curious about where we stood I looked up the league table of household debt as a function of…
When I was banging on about EFT’s last week I made the point in passing that when you are looking at trading systems that the start date is everything and it is the point at which most of the fudging of results occurs. As an example I took a hypothetical passive system and began to…
Ikea is a behemoth. The home furnishing company uses 1 percent of the planet’s lumber, it says, and the 530 million cubic feet of wood used to make Ikea furniture each year pulls with its own kind of twisted gravity. For many, a sojourn to the enormous blue-and-yellow store winds up defining the space in…
It does seem as if every time I open my junk mail folder I get another invocation to partake of yet another magic trading system. I should note that this sort of thing has been around forever, the only thing that changes is the vehicle which alters in order to capitalise on whatever topic is hot.…
In Guns, Germs, and Steel I asked why history has unfolded differently over the last 13,000 years in Eurasia, in the Americas, in sub-Saharan Africa, and in Aboriginal Australia, with the result that within the last 500 years Europeans were the ones who conquered Native Americans and Aboriginal Australians and sub-Saharan Africans, rather than vice…
I came across this piece this morning. It claims that traders are taking up huge short sale positions in Tesla and they are paying a hefty penny in fees for the privilege of doing so. There are a few points in this that interested me. Whenever a financial journalist claims something is happening it is…
LB bounced one this via one of the recent MP graduates. Source : Tradeciety
One of the joys about having been around since Adam was a pup is that you get to see lots of things come and go. On a regular basis you get to see what the new flavour of the month is and you quickly learn that there are no good or bad instruments just good…
I am doing a Market Wrap for Talking Trading which I will post a link to ASAP. In looking at the current state of markets I came across the following chart from the WSJ highlighting the long decline in the GBP. The sun has well and truly set on the Empire, it just seems as…
I was trolling through PubMed the other day searching for a particular paper when I got distracted as I am want to do. The internet is a wonderful thing for getting lost looking at various papers. Back in the day this sort of distracted quest was impossible simply because you would have to spend hours…
Like a gothic horror story, my tale begins on a dark and stormy December night in Manhattan. My friend “J” had graciously offered to drop me off after the dinner party we’d both attended. As his chauffeur took us across town via a circuitous route, our conversation drifted intermittently. During the lulls my thoughts turned…
OMAHA, Neb.–(BUSINESS WIRE)–Answering a question last night about his $916 million income tax loss carryforward in 1995, Donald Trump stated that “Warren Buffett took a massive deduction.” Mr. Trump says he knows more about taxes than any other human. He has not seen my income tax returns. But I am happy to give him the…
I'm your go-to-expert for all things related to our exceptional Trading Game Mentor Program. So don't hold back, ask me questions about the course. And remember, being patient is key as my AI bot skills need time to find you the right answer.
Also, don't forget to register for Priority Notification for the Mentor Program and get a whole heap of free trading resources.
To get that done, go to this link:
https://www.tradinggame.com/priority
