Courage

Trading is not about charts, systems, or market secrets. It’s about cultivating the quiet courage to act, to endure, and to live a life others only dream of but never dare to attempt. Being a successful trader requires courage, a truth that is almost always overlooked. In the public imagination, trading is often portrayed as…

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Wanna A Bet

Betting on binary outcomes—such as the outcome of a drug trial—introduces a fundamentally different risk profile to most forms of trading. In conventional market environments, trades tend to fail gradually. Prices move against the position in increments, allowing the trader to respond: stops can be adjusted, positions reduced, or risk reassessed. Losses unfold over time,…

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A Punters View Of The World

The AFR recently ran a piece on professional punter Kinglsley Bartholomew – unfortunately, as with most things, it sits behind a paywall. I have extracted several quotations that illustrate the overlap between processional punting and trading. 1. Loss Tolerance Is a Core Skill, Not a By-Product Quote: “I’m used to losing, and after doing it…

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Precision vs. Accuracy in Trading

In trading, profitability is rarely about predicting the market with flawless foresight. Instead, it often depends on how you frame risk, execute consistently, and allow probability to work in your favour. Two terms that are frequently confused but vitally important to distinguish are precision and accuracy. They sound similar, yet for traders, they represent entirely…

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Ten Minutes With Tate Where Do 10 Baggers Come From

Where do ten-baggers really come from? Not where most traders think. In this episode of 10 Minutes with Tate, I dismantle the popular belief that the biggest gains come from market leaders and high relative-strength stocks. Using empirical evidence, index-rotation examples, and real-world case studies, he explains why true ten-baggers emerge from low-priced, thinly followed…

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