The other day whilst pulling into my gym I hit a magpie. Not a brilliant start to the workout since my favourite alarm clock is the sound of magpies singing and I have made friends with all the magpies in my area – obviously not the one I ran over. I only knew I had…
On East 83rd Street there’s a squat brick walk-up that’s a viable contender for the least fancy apartment building on Manhattan’s Upper East Side. But for the past 25 years, Wall Street machers and captains of industry have marched up to its gray-carpeted third floor to learn the secrets of attack and defense from Lev Alburt, a…
We are living in a world full of assholes. To be sure: There are no census figures to back this up, no national registry from which to draw statistics, but one need only look at the headlines to see that the asshole population has not only grown in recent years but also spawned some new…
Hedge funds run by women have generated returns two times higher than their male counterparts this year, piling further pressure on a sector that has been branded “male, pale and stale” to recruit more female portfolio managers. The HFRX Women index, which pulls together the performance of female hedge fund managers, has returned 9.95 per…
The wonderfully irrepressible Hugh Hendry of Noddy car fame ( see this video for the reference) is closing his fund. His rationale is explained here.
Every now and again I get sent a magic trading system complete with equity curve, generally these are some sort of magic system someone is flogging that promises massive returns and never has a drawdown. They are the sort of quit your job with $10,000 and intra-day trade FX and make $10,000 per week. If…
Years ago, I knew one of those guys who seemed to always be happy and excited. He was always just that bundle of warm fuzzies. First to give you a hug. Always happy to see you. Complimented you about things that had no business being complimented. We’ll call him ‘Jon.’ Jon was like a dog,…
Everywhere you look these days, people’s achievements are being celebrated, whether it be in the papers, among our family and friends, or on social media. And why not? Success is a wonderful thing and worthy of celebration, but so too is failure. OK, so hear me out on this one. Failure gets a bad rap…
Interesting piece from Dr Brett Steenbarger …..Here are a few valuable insights I’ve gathered from my recent work with skilled, successful traders: 1) What you trade is as important as how you trade: The successful traders are trading instruments that move in meaningful ways and that capture their best ideas. That means trading instruments that…
From loyal reader Roy R The Guide to Happiness from Trading Game Pty Ltd
One of the mistakes I see traders make is the confusion between the market, the economy and what politicians say about the influences on both. Too often traders attempt to trade the economy as opposed to trying to trade the market and the price action that is unfolding. At present we have a classic textbook…
We’ve asked Michael Yardney to write a special guest column today. Michael has been a friend of mine for many years and is our ‘go to’ guy when it comes to property. I’m sure you’ll find his insights powerful. Now… over to Michael. Have you noticed how people who are successful in most walks…
