I snipped this out of the WSJ as the majority of the article is hidden behind a paywall but the introductory paragraph gives you the general idea. More here – The Wall Street Journal PS Not so well off folks can also be clueless about such things. Many years ago my recently divorced neighbour knocked…
Details
Social media is the gift that just keeps on giving. Dropped into my LinkedIn page this morning to see a fund manager – that is someone who takes other peoples money and trades it proclaim that the recent rise in the price of orange juice futures was because people thought vitamin C was good for…
Details
Quick answer … No To answer this question, we develop new testing methods for identifying superior forecasting skills in settings with arbitrarily many forecasters, outcome variables, and time periods. Our methods allow us to address if any economists had superior forecasting skills for any variables or at any point in time while carefully controlling for…
Details
This remarkable photo of a traffic jam on Everest says it all – the accompanying article can be found here – GQ
Dire predictions of imminent stock-market doom are a recurring feature since the 2008 financial crisis, and one fund industry executive has had enough. Michael Cembalest, the chairman of market and investment strategy for J.P. Morgan Asset Management, rounded up apocalyptic predictions from a range of commentators, including famed investor George Soros, bond-market giant Jeffrey Gundlach,…
Details
I am back on the theme of idiots in this business. At a conference overseas many years ago LB was talking to a group of female traders who mentioned that they were always losing money trading options. So she enquired a bit deeper. It turns out that the strategy they had been told to use…
Details
On a bit of a tear this morning with stupid things I have heard and been sent recently. I had heard someone say that 50%pa is a solid achievable return…..in what f^$ken universe is that realistic. Consider that table below in which I have taken a starting capital of $1,000,000 and compounded it at 50%…
Details
A few days ago I had someone reach out to me via LinkedIn wanting to make contact – the mere fact that someone wants to talk to you via LinkedIn should have actually given it away. Anyway a day later I get the email below which I offer with only one comment. This person is…
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
