Its Friday
Notice how they are all blokes, where would the internet be without the XY chromosome. Probably full of friggen cat videos.
Why We Lose At Games
I recently came across this paper Complex Dynamics in Learning Complicated Games which looks at why some games are easy to master whereas some harder skill based games such as Go or chess are much harder to master. In simple games with a limited number of moves the most effective strategy is fairly easy to…
Trader Health
One of the drawbacks of trading as a profession is that you can inadvertently spend a lot of time sitting on your arse. Unfortunately, the health impacts of being sedentary are just being explored. I cam across this article which looks at the health benefits of various forms of exercise intensity. I always caution against…
Long Term View
Sometimes it is worth stepping back and having a look at what history can tell you.
Five Reasons Not To Buy Gold
Apparently Barrons has five reasons you shouldn’t buy gold. I have one – see below – although that may change……
What To Do Now?
This is probably a question that many on the sidelines are asking themselves having missed the final quarter rally in equity markets. To be honest it is actually an extremely difficult question for a multitude of reasons. 1. There is the eternal question of have you missed the boat? 2. What happens if the market…
The Retreat Of Mortality
This has all sorts of implications that in no way have been prepared for by government simply because they have neither the intellect to understand the problem nor the will to fix it. We are on our own with this one……………..
Pundit Tracker
Unfortunately within the finance industry we are surrounded by brain dead plonks (generally economists) who make endless predictions all of which turn out to be wrong. Disappointingly these idiots are never held to account for their all pervasive cretinism. Pundit Tracker is a US centric site but at first glance it seems like a good…
Top Ten Blunders
I was trying to think of a reasonably concise list of the mistakes traders make on a regular basis and came up with the following. •Under capitalized. •Reliance on external sources. •Lack of a trading plan. •Inconsistent application of a trading plan. •Not taking losses. •Cutting profits too soon. •Misunderstanding how markets operate. •Lack of…
Stockbrokers
With the market showing some signs of life and stockbrokers clambering out of their hibernation to tout how brilliant things are I thought it might be time for a cautionary cartoon for those seeking the counsel of others.
Quote Of The Day
Science advacnes one funeral at a time … Max Planck If only economics were so lucky…….
THE LONGEST RUNNING REPEAT-FOR-FREE TRADING MENTOR PROGRAM IN THE WORLD
Want to be an exceptional trader? Learn from the best. Chris and Louise have found the way to take the guesswork out of share trading.They can teach you how to do this too!
WANT TO HEAR MORE?
Want to learn every instrument, over every time frame, where you trade your own plan?