Archives of “January 2019” month
rssFor traders that like to average down: "Nick Leeson Trading Jacket"
Thought For A Day
The Zurich Axioms
Just Watch & Learn !
Interesting take by Matt Ridley "People get rich by selling each other things (and services), not ideas."
Politicians Should Think About This
Rubber Band
“Some of the best trades come when everyone gets very panicky. The crowd can often act very stupidly in the markets. You can picture price fluctuations around an equilibrium level as a rubber band being stretched – if it gets pulled too far, eventually it will snap back. As a short-term trader, I try to wait until the rubber band is stretched to its extreme point.”
Drawdowns kill accounts
Not That Simple
Becoming a good trader doesn’t happen overnight. Just as with any other skill or discipline, it requires time and practice to become proficient at it:
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