This old chestnut has raised its head courtesy of this article that dropped into my LinkedIn feed. You can read the article at your leisure if you wish. The basic conclusion it comes to is that market timing as defined by picking the perfect day on which to invest is not worth the risk.The article…
When you begin to engage markets on any level you naturally bring with you a set of behaviours and expectations that have been developed over the life of your working career. First and foremost of these is the notion of getting paid, after all nobody does anything for free. The expectation of a salary being…
Mozart was a celestial genius, but he struggled like a mere mortal during his teens and early twenties. Though already a prolific composer, he had to work as an organist and concertmaster in his native Salzburg to make ends meet. Underpaid, unfulfilled, and hemmed in by his frustratingly average gigs, he felt a burning desire…
The central predicament of human life is that we neither possess completely free will, nor are we completely determined by external circumstances. We set and pursue goals, only to become waylaid by habits and distractions. Often we know the patterns in our lives that we would love to change–from overeating to taming our tempers–but still find ourselves falling into…
I used to think that those that ran hedge funds got rich because of their incredible returns. Then I heard about the 2 and 20 fee structure that most hedge funds charged. The typical hedge fund fee structure (historically) is 2% of assets under management and 20% of all positive returns. Therefore, if you gave…
A recent report found that 259 people died between 2011 and 2017 while stepping in front of the camera in often dangerous destinations. Our writer went deep on the psychology of selfies to figure out what’s behind our obsession with capturing extreme risk-taking. More here – Outside Online PS: I could be churlish and say…
In the debate over whether human beings should set off to other worlds beyond Earth, one of the most compelling cons is this: Our bodies don’t like it. Few people know this better than Scott Kelly, the NASA astronaut who spent nearly a year on the International Space Station from 2015 to 2016. Like other…
The chart below flashed across my screen this morning, ostensibly it is related to a story on the potential seasonal nature of earnings. What the authors haven’t realised is that it highlights a completely different point – analysts dont have a clue what they are doing yet financial journalists write stories around the rubbish data…
One of the things that has always fascinated me about technical analysis is the capacity of people to argue over the irrelevant. I am quite certain there are blokes in little clubs all over the world arguing that the RSI should be set to 12 and not 9 because that makes all the difference. It…
Phillip Teo of TraderWave (our breakfast friend Singapore) talks to Ray Barros. I have always enjoyed listening to Ray. In the dim dark recesses of my mind I have a recollection of us sharing a stage decades and decades ago. He sees parts of the world a little differently to me but there is always…
Ed Boyden builds the tools and technologies that help researchers think about and treat the brain, an organ we still know surprisingly little about. When it comes to how our brains make decisions, form emotions, and exhibit consciousness, there is still a lot we can learn. But just as fascinating as the tools Boyden and…
Brad Stulberg is a writer, performance coach, and coauthor (with Steve Magness) of an intriguing new book on the role of passion at the workplace in beyond—specifically, the ways in which it can be a double-edged sword. The book, The Passion Paradox, draws on scientific research and personal stories to illuminate how to discover and cultivate…
In a crumbling edifice, a farce plays out. The hapless central character fawns on an aristocrat who turns out to be a conman. He then fails to disguise his unease when confronted with his European neighbours, doesn’t bother to mask a thorough contempt for the Irish, and enters a love-hate relationship with ostentatiously wealthy Americans.…
Another chance to listen to the comedian, Ricky Gervais speaking to Kirsty Young in 2007. In just twelve episodes, his show The Office changed the face of British television comedy. At its centre was the comic monster, David Brent, a middle-manager being filmed for a mock-documentary who saw the ever-present cameras as his route to…
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
