Every now and again graphics like the one below will pop up. They show either the NDX chart year to date, the top 10 stocks in the NDX year to date, or a combination of the day. Apparently, this is meant to represent some great form of moral hazard that we are being informed about…
‘Action’ related metaphors are so seductive. Plus, when you’ve been exposed to the money script that being in the markets is glamorous and action-packed, it makes you less likely to see the reality of what it takes to trade effectively. Watch the metaphors you use in relation to trading, or live with the consequences.
Chris Tate says: “According to the Australian Financial Review, stockbroking is in crisis. My immediate thought is who cares? This is my somewhat ranty response to the article which gives numerous reasons as to why stockbroking might be failing as an industry. I then put in my two cents worth as to why it might…
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