Latest Posts

rss

Just some supplementary Covid measures being announced from China today it seems

  
  Analysis

It isn’t much as the NHC just released some supplementary guidelines as noted below:

Just be wary though, that the Hong Kong and Macau governments are expected to introduce easing of Covid measures in the coming hour as well. It is expected that Hong Kong may end the outdoor mask rule and relax testing requirements. The Hang Seng is up over 3% on the day after yesterday’s late fall.

BOE set to raise bank rate by 50 bps next week – Reuters poll

  
  Analysis
  • 52 of 54 economists said BOE will raise bank rate by 50 bps next week
  • Only 2 economists expect a 75 bps rate hike next week
  • Median chance of 85% that UK economy headed towards a recession within a year
  • Majority of respondents see the recession as one that would be long and shallow
  • The median for the bank rate peak is seen at 4.25%, forecasts ranged between 3.50% and 4.75%

This will follow the 75 bps rate hike in November here. In commenting on the forecasts above, HSBC says that:

“We think it will be a 50 bps rise, taking the bank rate to 3.50%, with risks weighted towards a larger 75 bps move, rather than a smaller 25 bps one.”

Develop a Winning Attitude -#AnirudhSethi

  
Analysis, Education
To Achieve Great Results, You Need a Winning Attitude! | by Jeannette Seibly | ILLUMINATION | MediumBuilding up a run of successful trades will do wonders for your confidence. 
Being in the zone is a phenomenal experience. 
It’s as if you and the market are one and the same, and the cash just keeps coming.
You can’t expect to succeed in the market without adopting a positive frame of mind. 
This doesn’t imply you go into negotiations with the belief that you’re always right, but rather that you’re prepared to settle for whatever the market will give you. 
In addition, your optimistic outlook makes you more open to such possibilities.

Adjust the Trading—-#AnirudhSethi

  
Analysis, Education
We’re used to thinking about how our mindset influences our trading, but our trading also influences our psychology. 
We increase the volatility of our returns by extending our holding period. 
Holding trades for a longer period of time is essentially sizing up. 
If we trade too large over a longer holding period, the negative movements may be too much to bear. 
We must size positions so that they matter if they work out but do not cripple us if they do not. 
We can’t win if we don’t stay in the game. 
A second trading adjustment is that I will start small and only add if I see growing evidence that a top/bottom has been established. 
I’m not attempting to identify precise tops and bottoms. 
If I anticipate a strong market move, I don’t need to capture every tick. 
Finally, I think it’s important to distinguish between the trade and the underlying idea. 
The trade is simply a way to structure a good risk/reward in pursuing the idea’s opportunity. 
If the trade does not work out, I want to stay mentally sharp and consider what I would need to see to re-enter the market. 
That is only possible if the initial trade is small enough to allow for a re-entry. 
In short, we want to trade with full awareness of the possibility that this particular trade will not work out, so that bailing out is not considered failure, but rather an opportunity to reconsider the idea.

Being a loser is hard Being a winner is hard

  
Analysis, Education

BWINNER says, "It may be difficult but it is possible". The ...eing a loser is not easy.

Being a winner isn’t easy, but it’s definitely possible with the right approach.

People who make short-term decisions without considering the long-term consequences often end up regretting their choices later on.

If you want to be successful, you need to be willing to put in the hard work and delay gratification. The rewards will come later on.

Both I and others experience pain.

What would you like to do?

Trading is not brain surgery —#AnirudhSethi

  
Analysis, Education

Engaging in the buying and selling of goods and services doesn’t require the same level of precision as performing a delicate medical procedure.

Edge-based strategies involve taking calculated risks to yield the highest possible rewards, while employing discipline to ensure that these risks are managed appropriately. Every decision should be made with an eye to the potential consequences and the potential rewards. This approach requires an understanding of the associated risks and the ability to stay focused and disciplined to ensure success.

Perform the same action again and again; repeating the same process over and over.

Discipline creates habits. Habits create consistency. Consistency creates results. -#AnirudhSethi

  
Analysis, Education

The act of following a set of rules on a regular basis creates behaviors that become routine. It is through this process of consistent monitoring and practice that habits are formed. For example, when a person wakes up each morning and goes to the gym, the practice of this behavior is what leads to the habit of working out regularly. The same goes for studying, eating healthy, or any other action that is done with regularity. Discipline is the key to forming and maintaining habits.

Adopting a steady routine of behavior helps to make life more predictable and dependable. Instead of having to constantly decide what to do next, forming habits allows us to sail through our days with less effort and stress. Establishing a pattern of behavior makes it so that we can take care of our needs almost automatically and free up our energy for other tasks. This can be especially helpful for those who may struggle with focus and attention, as having a set plan can give a sense of security and structure. Taking the time to form positive habits can ensure that our days are full of productivity, contentment, and peace.

Adhering to a steady and disciplined approach will inevitably lead to positive outcomes.

Go to top