A resource for new and seasoned financial traders who are serious about developing their skills.
F E A T U R E D
Why there are no rules
Patience in trading
Learning about trends – smelling them
No courses, no horses.
This is worth your next million
On luck, chance and prediction
Traps and perspectives
What people want – and why they won’t get it.
Who the devil is Dan Zanger – and why should anybody care?
Grasping the basics
On several occasions I’ve referred to ‘expectation‘ as against ‘prediction‘. I can expect a delivery of a package at my home this morning (for example)Read More
On occasions a trader may need to turn up the microscope and look deeply into the chaos. For what? A micro-fracture, a microtrend or aRead More
Many a trader will have looked at the same chart (say AUDUSD) at different times (let’s say 4 hours apart), and had doubts or anRead More
Did you get it right? This is an important question for new and seasoned traders to think about – but there is a problem withRead More
Are you better than a million minds? The chart below shows the recent extreme volatility on Wall Street. Millions of minds are into this ‘game’Read More
This morning I receive yet another email from somebody selling a system for beating the markets, subject to terms and conditions. It’s some software thatRead More
The limitations of rules in trading
Many new traders are brainwashed by various experts out there into believing that there are certain rules in trading. For example some say, “Never marginRead More
A brief exploration of how patience can affect trading
What is patience? According the Cambridge English Dictionary, it means: “the ability to wait, or to continue doing something despite difficulties, or to suffer withoutRead More
This post continues from ‘Is volatility your friend?‘ The emphasis here is on copying with volatility. ‘Coping’ is a psychological thing. New traders will have emotionsRead More