LATEST BLOGS

It’s only cheating if you get caught.

Cheating as a concept has long fascinated me, as has the general notion of what could be called delusional behaviour within humans. The interesting thing about cheating is that it seems to have moved from being an individually directed activity to a group activity. The activity of the group  not only encourages the cheater but…

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Because its Monday

Once upon a time the Korean martial of Tae Kwon Do was my chosen activity – it is an activity I first took up when I was 12 and stayed with for a decade. So it is no wonder I found this video somewhat endearing – Little blokes going at it Unfortunately, it encapsulates the…

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Jesse Livermores Seven Trading Rules

Within the mentor program Reminiscences of a Stock Operator is compulsory reading. I have the newer annotated version on my desk where it lives. One fot he things that reading older books a bout trading highlights is that there is nothing new under the sun. I know everyone likes to think they have discovered something…

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Madoff Interview

The notion of a fraud as large as that perpetrated by Bernie Madoff intrigues me and offers a   lesson for traders.  Madoffs great sales hook was that his form offer very high returns – there is nothing unusual about this but what was unusual about Madoff is that he made this offer with a…

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Madoff Interview

The notion of a fraud as large as that perpetrated by Bernie Madoff intrigues me and offers a   lesson for traders.  Madoffs great sales hook was that his form offer very high returns – there is nothing unusual about this but what was unusual about Madoff is that he made this offer with a…

Read more

Jesse Livermores Seven Trading Rules

Within the mentor program Reminiscences of a Stock Operator is compulsory reading. I have the newer annotated version on my desk where it lives. One fot he things that reading older books a bout trading highlights is that there is nothing new under the sun. I know everyone likes to think they have discovered something…

Read more

What is your pain threshold?

About two years ago LB and I received an email from someone who had read our books. In this letter the trading describes how after reading our books he had turned $100,000 into $11,000,000 – I stopped reading at this point and wandered off thinking off course you had, you read my book. All would…

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And knowing this helps how?

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…

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And knowing this helps how?

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…

Read more

What is your pain threshold?

About two years ago LB and I received an email from someone who had read our books. In this letter the trading describes how after reading our books he had turned $100,000 into $11,000,000 – I stopped reading at this point and wandered off thinking off course you had, you read my book. All would…

Read more