Intuition is a tricky subject, because there’s no way to prove or disprove that it exists.
Consider however, that there’s a strong psychological incentive for human beings to provide an explanation for coincidences: we want to feel in control.
A mother loses her […]
On Friday July 15, I took my largest one-day trading loss ever. It was a position on the USD/JPY that was closed for -$11,182.39.
Needless to say, I was more than a little shaken up that day. What started out as […]
I once attended a university class where each week, a well-known CEO was invited down to speak with the students.
This was one of my favorite classes, because unlike the usual lectures held by university professors, these sessions were led by […]
This post is the second of a 2-part series. You can read the first part here.
Now here’s the next harsh truth about trading for a living:
The pressure to perform is a big disadvantage.
In a […]
Among the retail traders I’ve spoken to over the years, more than half say they wish to eventually trade full time from home.
This isn’t surprising, given that traders can make money anywhere in the world with a stable internet connection.
I […]
Do you have a healthy diet and exercise regularly?
Do you use a non-recognizable, 13-character unique password for each of your online accounts?
Do you floss every time you brush your teeth? And do you put on a seat belt every time […]
Another year has passed, it seems, all too fast.
It was 12 months ago that I wrote a short post about the challenges of learning to trade and how easy it is to give up along the way.
And by […]
Bruce Lee once said,
I do not fear the man who has practiced 10,000 kicks. I fear the man who has practiced one kick, 10,000 times.”
To get good at trading, all you need is one method.
You don’t pick an indicator for […]
On March 14 2014, tensions between the U.S. and Russia escalated when a referendum was announced to be held in Crimea that weekend, on Sunday March 16.
By all estimations, the Crimean people were expected to vote overwhelmingly […]
In the only sport that has both men and women competing with each other, Julie Krone is the most successful woman jockey in American horse racing history.
I don’t know much about the horse racing, but after reading a few articles […]