Silver

It seems as if silver has stopped fizzing at the bung hole. The question is can anything be deduced from this and the answer to this is not really. It is simply a demonstration that markets can go up and then they can go down.

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Perspective

With all the gnashing of teeth regarding the collapse of the USD and the subsequent end of civilisation as we know it should this fall continue I thought I would post a chart of the USD Index. The USD Index measure the performance of the USD versus a basket of currencies. On this chart I…

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Japanese Wisdom

It is interesting where you come across little points of history that are applicable to trading. I was rereading a Japanese poem about three of Japan’s most famous warlords and a hototogisu. The hototogisu is a small songbird and is also known as the lesser cuckoo – a much more boring description that the Japanese…

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Open versus Closed

Interesting chat on the mentor forum this weekend regarding open equity, that is the value of your positions measured to the current close versus valuing positions to the level of their stops. This discussion was prompted by the following graphic I posted which looks at one of the advisory service portfolios. This portfolio trades a…

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Madoff Revisited

Excellent podcast on Bernie Madoff who has become something of a lightning rod for all of Wall Streets sins. It is interesting that all the red flags that were raised to Madoff including the excellent work by forensic accountant Harry Markopoulos were ignored.  

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Bodybuilding Mexican Academic

I was going to title this something about robot trading….blah, blah, blah but sticking the words bodybuilding Mexican and academic in the title seemed to be much more fun. This article does what it says o the can – it is a about a bodybuilding academic whose speciality is artificial intelligence and its application to…

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