As the chook shed fire that was the us governments shut down unfolded the press was full of words such as calamity and disaster without actually understanding what those words meant within the context of the shutdown. Many (read most) commentators missed the fact that the US was not Greece, Ireland, Spain, Portugal or Italy…
I recently did a video on stockmarket returns and the irrationality of new traders when it comes to their over inflated expectations. Since the campaign that contains this video has just gone out I thought I would also post it here.
A little late in the day but I might begin posting little things to get the week going.
Why We Dont Count Open Equity In one of my recent videos I mentioned the problem of counting open equity as yours. When you deal in CFD’s the dealing system has a a nasty habit of showing your total profit/loss on your current trades. I have dropped in what this looks like from my current…
You can always look like a dick….. History is filled with tales of adventurous exploits and astonishing accomplishments performed by confident individuals. In fact, one might say that history is most often made by those possessed with extraordinary confidence. However, just as often, history is replete with stories of extraordinary failures and cocky blunders, committed…
I received a comment on Facebook, and thought you might like to see the reply Louise and I put together to explain our position: Here’s what was said: I can’t afford a mentor. Everyone just wants to sell me this and sell me that. If people can make that much money trading, surely helping others…
I have been watching with some interest the scrag fight that surrounds Herbalife (HLF). Before going into the details of this brawl it is instructive to look at a chart of HLF and pick which direction you would have preferred to have been facing for the past year. On one side of the…
