CFDs again

Recently an article popped up on our Mentor Program graduate forum by Scott Pape who writes for the Herald Sun in Melbourne and undoubtedly it was syndicated nationally. Traditionally, I tend to let these sort of things slide simply because of the standing of the Herald Sun somewhere between a Harvey Norman catalogue, a chip…

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Realism in returns

Recently there has been a discussion on our mentor forum regarding trading for income versus trading for capital growth. I have been party to many such discussions over the years and one thing that tends to be common in all of them is the notion that returns are linear. For example if a CAGR of…

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Realism in returns

Recently there has been a discussion on our mentor forum regarding trading for income versus trading for capital growth. I have been party to many such discussions over the years and one thing that tends to be common in all of them is the notion that returns are linear. For example if a CAGR of…

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Summation of the Dow

Dow Jones Industrial Average   Long term data · Highest intraday level (12419.71 at 12:08:49 on 4.1.11) since June 6, 2008. · Down 1787.81 points, or 12.62%, from its record close of 14164.53 on October 9, 2007. · Up 13.27% from 52 weeks ago. · Up 89.04% from its 12-year closing low of 6547.05 on…

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Reading List

Okay blogophytes time to makes yourselves a little smarter.   I am currently ripping through the following books –   Traders, Guns and Money: Knowns and unknowns in the dazzling world of derivatives Revised edition (Financial Times Series)   The Big Short: Inside the Doomsday Machine by Michael Lewis   Michael Lewis wrote one of…

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Reading List

Okay blogophytes time to makes yourselves a little smarter. I am currently ripping through the following books – Traders, Guns and Money: Knowns and unknowns in the dazzling world of derivatives Revised edition (Financial Times Series) The Big Short: Inside the Doomsday Machine by Michael Lewis Michael Lewis wrote one of my favourite books of…

Details

Summation of the Dow

Dow Jones Industrial Average Long term data · Highest intraday level (12419.71 at 12:08:49 on 4.1.11) since June 6, 2008. · Down 1787.81 points, or 12.62%, from its record close of 14164.53 on October 9, 2007. · Up 13.27% from 52 weeks ago. · Up 89.04% from its 12-year closing low of 6547.05 on March…

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