Much has been made in the past few days regarding the impact upward movements in the price of oil are having upon the markets. Pundits are throwing around various numbers for possible targets for all. These are little more than educated (being polite here) guesses. However, what is a fact is the current upward trend…

–Freeman Dyson, How We Know, March 10, 2011 “In the twentieth century, genomes of humans and other species were laboriously decoded and translated into sequences of letters in computer memories. The decoding and translation became cheaper and faster as time went on, the price decreasing and the speed increasing according to Moore’s Law. The first human…

Secret life

Secret life

–Freeman Dyson, How We Know, March 10, 2011 “In the twentieth century, genomes of humans and other species were laboriously decoded and translated into sequences of letters in computer memories. The decoding and translation became cheaper and faster as time went on, the price decreasing and the speed increasing according to Moore’s Law. The first…

If I pose a general question to traders and ask them to define risk in a trading sense, I will generally get an answer that states what their percentage risk on a given trade is. This is not an incorrect answer – it is merely an incomplete one. Risk within markets is a multi variant…

This is an interview by Dan Ariely one of my favourite behavioural economists. Yes Damn Effect Interview

So much clearer now

So much clearer now

This is an interview by Dan Ariely one of my favourite behavioural economists. Yes Damn Effect Interview

If I pose a general question to traders and ask them to define risk in a trading sense, I will generally get an answer that states what their percentage risk on a given trade is. This is not an incorrect answer – it is merely an incomplete one. Risk within markets is a multi variant…

Courtesy of Bloomberg