Murphy’s Laws

John Murphy has been a technical analyst on both TV and for Stockcharts.com for decades. He has also published numerous books (read odes to magic tools) on the subject. The following are a set of rules he generated. Compare these rules to those of Michael Steinhardt and remember Steinhardt was an actual trader with an…

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Murphy’s Laws

John Murphy has been a technical analyst on both TV and for Stockcharts.com for decades. He has also published numerous books (read odes to magic tools) on the subject. The following are a set of rules he generated. Compare these rules to those of Michael Steinhardt and remember Steinhardt was an actual trader with an…

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CFDs again

Recently an article popped up on our Mentor Program graduate forum by Scott Pape who writes for the Herald Sun in Melbourne and undoubtedly it was syndicated nationally. Traditionally, I tend to let these sort of things slide simply because of the standing of the Herald Sun somewhere between a Harvey Norman catalogue, a chip…

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CFDs again

Recently an article popped up on our Mentor Program graduate forum by Scott Pape who writes for the Herald Sun in Melbourne and undoubtedly it was syndicated nationally. Traditionally, I tend to let these sort of things slide simply because of the standing of the Herald Sun somewhere between a Harvey Norman catalogue, a chip…

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Realism in returns

Recently there has been a discussion on our mentor forum regarding trading for income versus trading for capital growth. I have been party to many such discussions over the years and one thing that tends to be common in all of them is the notion that returns are linear. For example if a CAGR of…

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