Golf is like trading – it is won by the person who makes the fewest catastrophic mistakes. In managing to achieve this you need to know when to leave well enough alone. This is an example of not knowing when to leave things as they are, put your ego in your pocket and live to…
Ok blogophytes – time to learn something. If I were to ask a room full of traders what is the main rule you pay lip service to, I say lip service because most dont do it. It would be – Cut your losses and let your profits run The interesting thing about this phrase is…
Last night I had the misfortune to catch some of the evening news whilst wandering in and out from the BBQ. During one of my kitchen runs I heard that housing in my area had suffered a MASSIVE 6% fall. This news was of course delivered by a dolly bird with a bra size bigger…
Golf is like trading – it is won by the person who makes the fewest catastrophic mistakes. In managing to achieve this you need to know when to leave well enough alone. This is an example of not knowing when to leave things as they are, put your ego in your pocket and live to…
Last night I had the misfortune to catch some of the evening news whilst wandering in and out from the BBQ. During one of my kitchen runs I heard that housing in my area had suffered a MASSIVE 6% fall. This news was of course delivered by a dolly bird with a bra size bigger…
Following on from yesterdays thread on Ronald Wayne who left $58 billion on the table when he bailed on the embryonic Apple I thought it would be good to look at a case where it would have been wise to take the money. In 2008 Microsoft offered $44 billion for Yahoo – this valued the…
Ok blogophytes – time to learn something. If I were to ask a room full of traders what is the main rule you pay lip service to, I say lip service because most dont do it. It would be – Cut your losses and let your profits run The interesting thing about this phrase is…
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