If I were to classify trading I would not say it is a financial endevour but rather one that combines the skills of information management and psychology. Markets are awash with data of varying quality and all of this information has an impact upon our decision making but only after the information has passed through…
Details
Last week, Louise interviewed Jackson Millan on the Talking Trading show. He’s known as ‘The Wealth Mentor’, and I have exciting news. He’s presenting on the GoldCoast on Oct 16th. You’re going to want to hear more about this, that’s for sure. Unlock Your Passive Income Potential: Join the Financial Freedom Summit 2024 Are you…
Details
Imagine having two world-class mentors with over 50 years of trading experience guiding you through your blind spots. That would be a game-changer, right? Join trading veterans Louise Bedford and Chris Tate from Trading Game for an impactful presentation where you’ll discover the best piece of advice ever, learn how to ditch a common but…
Details
A vast array of cognitive biases hamstring trader performance a quick look at any list of these afflictions will offer up the following – Confirmation Bias Hindsight Bias Narrative Fallacy (my favourite) Anchoring Bias Loss Aversion Attribution Bias Overconfidence Bias But if I were to isolate one in particular, it would be overconfidence. The interesting…
Details
As traders, we all know the value of having a reliable system in place—something that takes the guesswork out of the equation and sets us up for consistent success. The same is true in sales. If you’re in sales, or have your own business – or even if you want to be more effective networking,…
Details
In his book on the concept of ergodicity, Luca Dellanna writes of his cousin who was a highly talented skier in his youth, but had a potential future in the sport cut short by a succession of injuries.[i] The lesson that Dellanna draws from this is that it is not the fastest skier that wins the…
Details
An ambitious portfolio manager stumbles upon a perfect graph. It outlines eye watering profits. But something doesn’t quite add up – could this graph be accurate? Or does it hide a far more sinister truth?
The chart below from Vanguard has been doing the rounds with people trumpeting that locally listed shares outperform listed property trusts. Based on the data presented, this is true, but some have extended it to mean that locally listed shares outperform all property investments. This is not what the chart says—the chart refers to listed…
Details
The snip below is of last night’s trading in the US along with a headline. As you can see there is a little bit of handwringing going on. The onset of September has caused a variation of the following graph of monthly returns on the S&P500 to appear on various platforms. It shows that contrary…
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
