I have attached a chart below that I grabbed off the web from a finance site. This chart comes courtesy of The Chart Store and it combines two of my least favourite implied TA concepts – the notion of overbought/oversold and the prediction that this implies. I agree that crowds fatigue, this is simply a…

I have attached a chart below that I grabbed off the web from a finance site. This chart comes courtesy of The Chart Store and it combines two of my least favourite implied TA concepts – the notion of overbought/oversold and the prediction that this implies. I agree that crowds fatigue, this is simply a…

I probably could have generated any number of reasons as to why I would post this. Its a metaphor for trading, small players always get hurt, expect the unexpected  blah blah blah. But the reason is its Monday and Mexican wrestling has a wonderful demented quality  so why not –

So said Niels Bohr yet despite this folks are always sticking their necks out – inevitably to be proven wrong. The latest round of predictions come in the wake of recent events in Eqypt and concern what might happen to oil. Given oils significance within the industrialised world it is no surprise that pundits all…

So said Niels Bohr yet despite this folks are always sticking their necks out – inevitably to be proven wrong. The latest round of predictions come in the wake of recent events in Eqypt and concern what might happen to oil. Given oils significance within the industrialised world it is no surprise that pundits all…

Last month, I was interviewed by Dr Lorwai Tan on the radio, and it ended up being one of the most revealing, in depth interviews ever. Lorwai dragged information out of me that I’d never previously disclosed before. Luckily, we’ve got a recording of the whole interview just for you. Just when you thought I…

I probably could have generated any number of reasons as to why I would post this. Its a metaphor for trading, small players always get hurt, expect the unexpected  blah blah blah. But the reason is its Monday and Mexican wrestling has a wonderful demented quality  so why not –

I have to admit I have always been a little confused by the somewhat myopic view that traders take towards commodities. I remember when I was a broker if gold showed the slightest sign of moving everyone in the dealing room go all a quiver and rush off for a cold shower. This interesting thing…

One of our mentorees posted recently that they had been approached by a spruiker touting that they could generate them a 1000% pa return. Thats correct 1000% – I have not made a mistake. So I did a back of the envelope calculation on $100k invested at 1000%pa and got the following – Year 1…

One of our mentorees posted recently that they had been approached by a spruiker touting that they could generate them a 1000% pa return. Thats correct 1000% – I have not made a mistake. So I did a back of the envelope calculation on $100k invested at 1000%pa and got the following – Year 1…

I have to admit I have always been a little confused by the somewhat myopic view that traders take towards commodities. I remember when I was a broker if gold showed the slightest sign of moving everyone in the dealing room go all a quiver and rush off for a cold shower. This interesting thing…