Emotions Are Not A Trading System
At our recent gathering in Perth we looked at quite a bit of the trader psychology that occurs around certain moves. LB has an exercise where she puts up a given chart with the sort of generic responses that traders generate at each phase of the move. The audience is then asked to critique what…
Thought Of The Day
I saw this pop up today. The tale of Ronald Wayne is somewhat legendary. He was one of Apples original founders but sold his original stake for $800 and later on accepted an additional $1500 to forfeit any future claims against the company. As the billboard states his stake today would be valued at around…
Metaphors
Trading is an arena that is rife with metaphors. Every so often some taking head or idiot broker will trot out Rothchilds remark about not buying until there is blood in the streets. Or you will be told to buy Sun Tze Art of War. If they are slightly better educated (doubtful) they might mention…
Adventure
Adventure is merely bad planning – Roald Amundsen I have talked about Amundsen before and focussed in particular about how his success as an explorer was a function of his obsessive planning. What strikes me about people who are successful in very difficult fields is that they all share similar traits, attributes or philosophies. Much the…
Economists
I has completely forgotten about this. Click on the pic to be taken to a great little time waster.
Don’t bother with zen — stress helps you perform better
“Stress” is a dirty word in the world of wellness. It’s something to be tempered, reduced or completely released in your weekly yoga class. It’s something we’re supposed to carefully manage — or, better yet, avoid at all costs. But stress — and its common-law companion, risk — aren’t the bad guys we’ve made them…
If You Could Live the Second Half of Your Life Differently From The First, What Would You Do With It? – Michael Yardney
By now you’ve probably read a bit about Wealth Retreat 2016 and if you’ve thought about joining us this year please read on, because I’ve found out that some people who really wanted to join us have counted themselves out, thinking they didn’t qualify, when in fact they did. If you are serious about building…
Tesla’s Model 3 Lives Up to the Hype
Tesla has lifted the veil on its most important undertaking: the Model 3, a $35,000 car designed to bring electric vehicles and autonomous driving to the masses. By the looks of it, and the interest it’s attracting, it just might succeed. On Thursday, Tesla raked in 134,000 reservations, each with a $1,000 deposit. And that was before…
Life After A Blockbuster
How do businesses cope after achieving blockbuster success – click the pic below to find out.
Everything you need to know about whether money makes you happy
It’s a cliché that “you can’t buy happiness”, but at the same time, financial security is among most people’s top career priorities.1 Moreover, when people are asked what would most improve the quality of their lives, the most common answer is more money.What’s going on here? Who is right? A lot of the research on…
Welcome To Iceland
Kviabryggja Prison in western Iceland doesn’t need walls, razor wire, or guard towers to keep the convicts inside. Alone on a wind-swept cape, the old farmhouse is bound by the frigid North Atlantic on one side and fields of snow-covered lava rock on another. To the east looms Snaefellsjokull, a dormant volcano blanketed by a…
Apollo 17 In Real Time
This is beyond brilliant…..go back to a time when humans actually did something amazing. Click here
THE LONGEST RUNNING REPEAT-FOR-FREE TRADING MENTOR PROGRAM IN THE WORLD
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