The above title is not mine – I pinched it from a blog called Behavioural Macro that someone emailed me a link to. I used it because it is instructive of a number of failings that traders have. The blog this headline comes from is a contradiction – supposedly a blog with a leaning toward behavioural…
I am not really much of a contrarian. You cant be when you are a trend follower and whilst I take mild amusement from magazine covers trumpeting that housing is the best investment in the universe in 2007 only to see housing end up in the toilet. It is not a strategy I find compelling…
The graphic below is from Thomson Reuters – the original can be found here This is a weekly chart of gold – Take your pick as to which one makes sense to base a decision on…….
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