The markets have gripped my attention for the past 28 years. Even after all this time, I still admire the beauty of a trending chart, as if I was looking at a sparkling jewel on velvet. I know you share my passion. Ready to make this year your best trading year ever? I’m going to…
“Be more confident,” a friend once told me as we made the rounds at a swanky networking event where I felt terribly out of place. Faking confidence is easy: I pulled my shoulders back and spoke louder and with more assertiveness. Like many soft-spoken, mild-mannered people, I’ve spent a great deal of time trying to…
Its that time of the year again when we have a look at the annual table of results for various instruments which has been cobbled together from various sources.
For those of you who waste your time following the financial press you will have undoubtedly noticed that the various guru predictions for the year ahead are starting to flood in. If you take them with anything more than a pinch of salt I offer to you the following. This is John Boorman excellent recently…
Resilience, defined as the psychological capacity to adapt to stressful circumstances and to bounce back from adverse events, is a highly sought-after personality trait in the modern workplace. As Sheryl Sandberg and Adam Grant argue in their recent book, we can think of resilience as a sort of muscle that contracts during good times and expands during bad…
Apparently its true……. Gazillionaires rejoice! If you’re in the market for a piece of ultra-luxury Big Apple real estate—you’re totally in luck. An unprecedented wave of deep discounts across the New York City region means that the city’s priciest pads are now available at lower—though not exactly low—prices. The market for deeply-discounted penthouses wasn’t always so…
One of the difficulties that new investors face is the extraordinary range of investing strategies that are presented to them. These strategies are often presented as gospel from what new traders would perceive to be sources of authority. One of the oldest chestnuts that I absolutely abhor is the notion of dollar cost averaging which…
Yeah, yeah… usually I’m saying “Move, Act, Hurry”… but today, I want to consider the power of putting on the brake. Generally, procrastination is the language of the poor. It’s a key difference between the way the rich and the poor think. The rich aim to learn a new skill, implement it immediately, and reinforce…
I got bounced the chart below this morning because as the person who sent it to me said its The Most Important Chart on Investing You’ll Ever See. I only had the image so I traced it back to here. The chart itself simply shows the relative length of bull and bear markets in the S&P 500…
Of all of the lies my traders tell themselves, the one that shows up the most frequently is “I don’t think I can do this”. Even though I can see with complete clarity that they have everything they need to become an exceptional trader, their own self doubt steps in the way and barricades their…
