There has been some chatter on our mentor forum about CFDs – as such I thought it worthwhile to reproduce an article I wrote for the Trading Game Newsletter following the collapse of Sonray last year. Over the past few weeks much of the chatter from brokers and others on the supply side of…
I have a leaking pipe on my nature strip and it has been leaking for ages. I reported the problem to Yarra Valley water six months ago and they sent out a bloke who in a somewhat disinterested manner stuck a wooden stake into the ground with a little flag on it. When asked what…
Within the world of trading one would have an expectation that rationality was a key underlying feature in not only the decisions we made, but also the underlying philosophy that guided market participants in general. As a poor example of this expectation that markets are rational and therefore predictable consider this somewhat inane little puff…
It is this sort of thing that gives people who use price as a determinant a bad name. I grabbed this review from the comments section – couldnt agree more. A perfect example of a technical analyst disappearing so far up his own fundament he can’t see the light through his sphincter
I thought I would post this as an example of something that is profoundly irrelevant to traders. However, the problem is people actually take this nonsense seriously and base their decisions on it. If you look at both the daily and weekly trend of the AUD it is up. Now whether that continues and for…
Traders are often surprised at how close trading is to games of skill such as poker and blackjack where players exploit small skill advantages and a ruthless understanding of money management to be successful. Cates earned his stake by grinding, the term used to describe the process of pressing a skill advantage over an extended…
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