I came across this interesting piece on the British Psychological Society website. You can read the article in full at your leisure but I wanted to look at one particular piece of the article. In short the article looks at the gamblers fallacy – that is the notion that after a series of losses that…
Details
Every so I often I get an email from someone asking whether they should buy or sell a given stock. My answer is always the same I cannot offer you advice and do your own thinking. However, recently I got such a request regarding Echo Entertainment that interested me. As you can see from the…
Details
I make no secret of the fact that I think that the local market is very short on opportunities for trend followers. In this day and age there is no excuse for not utilising the ability technology gives you to diversify internationally – to not do so is simply lazy. To highlight my point consider…
Details
It has been sometime since I looked at the comparative performance of various markets. I have taken these markets back to a nominal starting date of 13/03/09 which could be considered the date markets reversed after the GFC.
Details
I had not intended for my Is The Market Overvalued? piece to become a two parter but I came across the following chart courtesy of the people at Bespoke, who produce a dazzling array of metrics. This chart looks at the number of S&P500 stocks which are above their 50 day moving average.…
Details
This is a question that tends to get posed at boardrooms and dinner parties any time the market has had an extended run. Whenever, someone poses this question to me, my immediate and somewhat flippant answer is don’t know and don’t care. My response is based upon the notion that I feel it is the…
Details
This goes some way to explaining why my domestic equities portfolio has been a little lacklustre. Could be worse I could be investing in UK stocks.
Whilst travelling during the week I was asked by someone what is the single most practical thing a trader can do to give themselves an edge. The question has an easy answer – trade in the direction of the prevailing trend. As easy as it is most people ignore it completely and all fund managers…
Details
There has been a bit of chatter on the Mentor forum about the philosophy of buying blue chip portfolios so I thought I would generate a simple table of the maximum drawdown experienced by each of the ASX 20 since 2000. As you can see the drawdowns are for the most part horrendous with…
Details
I'm your go-to-expert for all things related to our exceptional Trading Game Mentor Program. So don't hold back, ask me questions about the course. And remember, being patient is key as my AI bot skills need time to find you the right answer.
Also, don't forget to register for Priority Notification for the Mentor Program and get a whole heap of free trading resources.
To get that done, go to this link:
https://www.tradinggame.com/priority
