Anxiety is our fundamental state for well-founded reasons: – Because we are intensely vulnerable physical beings, a complicated network of fragile organs all biding their time before eventually letting us down catastrophically at a moment of their own choosing. – Because we have insufficient information upon which to make most major life decisions: we are…
I was doing the Market Wrap yesterday for Talking Trading and in my usual look at markets I noticed that the arse had effectively fallen out of volatility in the markets I was looking at. I have dropped in a chart below which shows the 30 day HV of a variety of instruments, I have…
Defining a Sense of Purpose For the study, Carleton University’s Patrick Hill, along with Nicholas Turiano from the University of Rochester Medical Centre in New York, Hill analyzed the lives of more than 7,000 U.S. adults aged 20 to 75 years over a period of 14 years. They found that the people who died during…
To me basic SEAL training was a life time of challenges crammed into six months. So, here are the ten lessons I learned from basic SEAL training that hopefully will be of value to you as you move forward in life. Every morning in basic SEAL training, my instructors, who at the time were all…
I first saw Doc Neeson and The Angels more years ago than I care to remember in a shitbox venue that has now been consigned to history. He remains the most dynamic front man I have seen. The 70’s had been a decade when I had to wander along courtesy of a succession of girlfriends…
In the 2001 issue of the International Journal of Forecasting, an economist from the International Monetary Fund, Prakash Loungani, published a survey of the accuracy of economic forecasts throughout the 1990s. He reached two conclusions. The first was that forecasts are all much the same. There was little to choose between those produced by the…
Your Trading Sucks! WELL, MAYBE NOT completely. But if you feel like there is something holding you back in the markets, that something may be you! There isn’t a profitable trader who hasn’t struggled with their own mindset. Click here to see who Louise Bedford has teamed up with to bring you the solutions you’re…
“I have been primarily interested in how and why ordinary people do unusual things, things that seem alien to their natures. Why do good people sometimes act evil? Why do smart people sometimes do dumb or irrational things?” –Philip Zimbardo Like eminent social psychologist Professor Philip Zimbardo (author of The Lucifer Effect: Understanding How Good…
Many many years ago when I was heavily involved in the martial arts (think two training sessions a day punctuated by afternoon naps in the uni library) I used to go out with a girl who was at the Victoria Collage of the Arts as a dance student. Occasionally I would go and stretch with…
And still no one is in prison…. If you were writing a paranoidfantasyof gold price manipulation you’d be hard pressed to come up with something more on the nose than the U.K. Financial Conduct Authority’s order against Barclays. It has everything; it is the benchmark of manipulation by which all future manipulation will be measured. Well, this…
I came across this chart over the weekend. It looks at the volatility of stock, bond and currencies markets. The article that accompanies it falls into a trap I have commented on before namely, that volatility and changes in volatility are predictive. My view is that they are post-dictive – that is they react after…
I can see this catching on. According to the report, the billionaire businessman managed to swindle the state out of $2.6 billion, in a scam that began back in 2007. The execution happened suddenly, without giving Khosravi any notice, according to his attorney, Gholam Ali Riahi. More here – Latin Post
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