ETF’, ETF’s, ETF’s…..Everywhere
Flash a-ahSavior of the UniverseFlash a-ahHe’ll save every one of us(Seemingly there is no reason for these extraordinary intergalactical upsets)(Ha Ha Ha Ha Ha Ha Ha)(What’s happening Flash?)(Only Doctor Hans Zarkhov, formerly at NASA, has provided any explanation)Flash a-ahHe’s a miracle(This morning’s unprecedented solar eclipse is no cause for alarm)Flash a-ahKing of the impossibleHe’s for…
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Before Everyone Drops Their Bundle….
It is always good to take a step back from media hype and bluster about the world ending and actually look at what is happening in the markets. I headed off to training this morning with some peanut on the radio jabbering on about how the Dow had collapsed some 350 points and I thought…
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A Bit Of A Worry But Not Surprising
A recent survey has found many Australians have low financial literacy; don’t understand how mortgages work or how the RBA cash rate affects them. The survey conducted by super fund-owned bank ME of 1000 people found that almost half of Australians admit to being uninformed about the mortgage market. Furthermore, 40 per cent of survey respondents did not…
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Trading System Design
In the Mentor Program we have been in the process of building and refining a trading system. The question was posed as to what I thought the greatest impediment is to generating such systems and by extension what is the greatest drawback that individual traders face. As always the greatest source of difficulty that traders…
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All Bubbles End With A Bust
One of the charts I occasionally look at is the RBA cash rate – I do so not because I think it is of any value whatsoever in making trading decisions but because it a wonderfully instructive prism through which to look at the psychology of people making long term investment decisions. The chart below…
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Scientists Dismissed “Hot Streaks” In Sports For Decades. They Were Wrong
Most sports fans and athletes believe in hot streaks. A basketball player who has hit several shots in a row, the thinking goes, has a greater chance of hitting the next one, due to a “hot hand.” Think of Golden State Warriors guard Stephen Curry, who recently hit 77 straight three-pointers in practice. Yet for a long…
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