According to the Sydney Morning Herald there has been an exodus of funds from large superannuation funds into self managed funds. The number of people with DIY super funds has grown by more than 30 per cent during the past five years to more than 1 million, collectively worth, in December last year, a whopping $568 billion.…
Details
As someone who comes from a data driven background one of the things that has always intrigued me about financial markets is that despite being a wellspring of raw data it is driven by narratives. Humans do seem to prefer stories over data – in effect we are a hairless ape that prefers stories to…
Details
This little piece interested me and I don’t have any real problem with its basic thrust which is that the financial planning industry is failing its clients in search of revenue. After all, this is an industry that lobbied hard not to be forced to act in the best interest of the client. However, my…
Details
I grabbed the piece below from a social drivel site because it neatly explores something I spoke about in Sydney last week. This offers a paradox in that it attempts to explain something that needs no explanation and the explanation it offers is wrong. I say that the movement in the market requires no explanation…
Details
This is fascinating. From Japanese electronics to reckless banks and middle eastern airlines, the fate of Premier League shirt sponsors has been tied closely to that of the world economy. West Ham United was the latest club to be sideswiped by the financial markets this month when its main commercial backer, foreign exchange dealer Alpari, was…
Details
Apparently BP produce a yearly very data heavy review of the state of world energy. For those who want to wade through it I have produced it below and the original can be downloaded from here. The review contains the chart below which looks at the historical price of crude and drops in some…
Details
These are my last words on this topic I promise. We have learnt that merely taking the average annualised return for an index and then back dating that figure to achieve a hypothetical magical figure is naive and reflects a tremendous lack of knowledge as to how markets work. Likewise suggesting that someone simply buy all…
Details
I actually saw this article the other day whilst having breakfast after training. The opening point so caught my eye that I had to find the original source article and see if it was correct – my looking over someones shoulder guess was that is was not. The article begins with a somewhat staggering claim…
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
