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Here's The Legendary Interview Where Martin Zweig Calls The 1987 Crash 3 Days Before It Happened

  
Education, Video
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According to Bloomberg, famous stock market pundit Martin Zweig has passed away.

Zweig (who was either 70 or 71) was a technical analyst, newsletter writer, and money manager, who famously called the crash of 1987 3 days before it happened.

In an interview on Louis Rukeyser’s Wall Street Week on October 16, 1987, Zweig predicted a short violent drop in the market that would be reminiscent of 1929.

Here’s the video. The whole thing is worth watching, but Zweig starts his call at the 6:44 mark.

Mind over the Market Video Interview with Mark Douglas

  
Education, Video
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What is the most important part of your trading? The chart? Managing the risk? Finding the Holy Grail of trading that can’t lose? (I have bad news for you about the Holy Grail).

I am convinced how a trader emotionally reacts to the markets while trading will determine their success more than anything else.

Mark Douglas is a trader and author of Trading in the Zone and The Disciplined Trader two great trading books for traders at all levels that deal primarily with how to develop the correct mindset to be a successful trader.

My favorite Mark Douglas quotes.

Trader Psychology: (more…)

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