LATEST BLOGS

Gold Vs S&P500

I am still intrigued by the US markets reaction to the results of the US election when viewed in tandem with an instrument such as gold which is generally seen as a hedge against uncertainty (in this instance read outright dickheadedry) As such I though I would look at the relative returns of both instruments…

Read more

FX Correlations

A question popped up in the Mentor Program that related to what to do when related instruments all gave the same signal, in this instance the culprit was various JPY related pairs. I had not looked at FX correlations for awhile so thought I might stick a few together and see if they told me…

Read more

Once Upon A Time

Sometimes I feel sorry for traders/investors who need to construct a narrative as part of their investment process. Whilst you are cocooned inside your own delusional story you would never know whether your story is the right one and is the one the market has chosen. As an example consider the year to date moves…

Read more

Advice On How To Go Broke

This is an early contender for the worst piece of financial advice of the year. My advice…..do exactly the opposite. The financial press Whether you decide to be a “passive” investor, and put all your money in index funds, or you choose to be an “active” investor, and trade the market, you should know where…

Read more

Lessons On Ageing Well

At the age of 105, the French amateur cyclist and world-record holder Robert Marchand is more aerobically fit than most 50-year-olds — and appears to be getting even fitter as he ages, according to a revelatory new study of his physiology. The study, which appeared in December in The Journal of Applied Physiology, may help…

Read more

The Great Con Continues

Bloomberg recently breathlessly trumpeted the following regarding hedge fund behemoth Bridgewater – Ray Dalio Makes Clients $4.9 Billion in 2016 as Paulson, Soros Falter Their article was accompanied by the following table of returns – When you look at the table $4.9B is a lot of money in absolute terms and it is here that…

Read more

Turn It Up To 11

This Is Spinal Tap co-creators Christopher Guest and Michael McKean, along with the 1984 film’s director Rob Reiner, are now co-plaintiffs in Harry Shearer’s lawsuit against Vivendi and StudioCanal after allegedly being denied rightful profit participation from the rockumentary classic. On Tuesday, an amended lawsuit was filed in California federal court that also ups the damages demanded from…

Read more

All It Takes Is One

I wanted to follow on from yesterdays post and give a more extreme real world example of how thinking in terms of the need to be right is completely wrong but typical of the vast majority of traders. I went back and reviewed some results from the Dow from 2014 – this year stuck in…

Read more

A Question I Often Ponder

Is can you be too stupid to trade and the answer is obviously yes. If you are defeated by how your toaster works then trading is not for you, nor is anything else probably. However, my observation over the decades has been that despite what the industry would have you believe trading is not that…

Read more

Don’t set goals for yourself

A lot of my friends are spending the month of January “going dry” or giving up sugar or training for marathons. I can relate. As a Type-A, goal-oriented masochist, I tend to make deeply ambitious New Year’s resolutions each year. Witness Exhibit A: My resolutions from 2016. I’m embarrassed to say that not one lasted…

Read more

THE #1 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?

REGISTER FOR PRIORITY NOTIFICATION FOR OUR NEXT MENTOR PROGRAM