Motivation Monday
Quote of the clip – More people die retired than they do on the job.
Whether you’re naked and hungry on the savannah, driving in traffic or at the controls of your favorite video game, being slow to react can get you eaten, injured or splattered across the screen. While we intuitively know this, a new study offers dramatic evidence of how much speed of response still matters: In men…
This is an interesting episode from the ABC’s Health Report. Long story made short – the way you think doesn’t give you cancer and the way you think about your cancer once you have it doesn’t determine or influence your survival. Somewhat puts a hole in all those dickheads who post in social media, although…
Here are two charts I snipped from Bespoke – those folks who generate massive numbers of metrics very few of which I understand. Whenever, I come across something like this the first question I ask is does it in some way assist in the trading process. Trading is an information management profession – everyday we are…
I came across this study the other day – Which Investment Behaviors Really Matter for Individual Investors? by a group at Goethe University in Frankfurt. The aim of the study was to examine various investor behaviours and see if these behaviours had any impact if any upon investor returns. As the study points out there…
During my sabbatical I got bounced the video below – it only goes for about 90 seconds so its easy to get through. If you are under the age of 25 cannot concentrate for more than 90 seconds the general gist of the story is that the current market looks exactly like 1929 and the…
Who gives a shit is the only response I could think of to the implied question. If you are naive enough to believe that working in the finance industry is the same as doing charitable work in Africa then you are profoundly deluded.
Once again Michael Pascoe gets it right. I worked in broking for years and two things amazed me. Firstly, how little brokers know about markets. They have a lot of platitudes in their sales arsenal but very few have a deep understanding of how the market actually works. Secondly, it is the most self interested…
Hi, I’m Caroline Stephen. I’m the host of the Talking Trading radio show at www.talkingtrading.com.au. Each week I bring you free interviews so that you can hear what the movers and shakers are doing and trading in today’s markets. If you haven’t registered on that website yet, what in the heck are you waiting for?…
No financial condition is permanent unless you give it permission. Just what have you given permission to in your life that has taken hold? Might be time to re-assess… I’ve been through a few wipe-outs in my life. I was wiped out emotionally when I didn’t get into the University course I craved. I had…
The title is somewhat obvious but it hides a deeper point – there is an arms race going on the trading world and generally you are not part of it. I have had numerous discussions about the impact of HFT with various people, some of whom insist naively that the benefits and technology of HFT…
Its going to be 41 degrees celsius here in Melbourne today – part of our seemingly never ending summer heatwave. However, it could be worse.
The concept of a chop or bucket shop is nothing really new, nor were they restricted to the US. Jessie Livermore makes reference to them at the early part of the 20th century and when I first started in broking there were still some futures and OTC option bucket shops still operating. I dont know…