Must Be An Optimist to Be in This Business
You know what you don’t want to do? Change sound trading strategies based on how you feel that day, or due to the daily screams on CNBC, or for whatever fear/greed moment of emotion. Think about this:...
View ArticleIf You Are Trying to Trade the “News”…Why?
Caught this line today: “One of the more aggravating aspects of the current market is it’s news-driven nature, the market is just overwhelmed on a regular basis. Open a position, make a few bucks, and...
View ArticleSkyscrapers Linked with Impending Financial Crashes?
From BBC: There is an “unhealthy correlation” between the building of skyscrapers and subsequent financial crashes, according to Barclays Capital. Examples include the Empire State building, built as...
View ArticleWireThe Investing World is Confusing? So What
From Wired: The world is a complicated place. Reality is dense with patterns, but these patterns are often subtle and inconsistent. We think we understand how things work — X always causes Y — but then...
View ArticleThinking About Winning and Losing
The guy who wins the most hands is not the guy who makes the most money in the long run. The guy who never loses a hand is not the guy who makes the most money in the long run.…Read more ›
View ArticlePeyton Manning Excels When He Is “Robust” and “Simple”
Brandon Bruckman passed along a story. An excerpt: The enduring wonder of the Manning and Moore offense was not only its incredible success, but the way that success came about: by running the fewest...
View ArticleIs Your Only Strategy “Trust”?
Peter Schiff states: “The Fed’s failure yesterday to announce some sort of tapering of its QE program, despite the consensus of an overwhelming percentage of economists who expected action, once again...
View ArticleLook Before You Leap Is Mission Critical
An excerpt from my first book, “Trend Following: Learn to Make Millions in Up or Down Markets”: Trend following, like any entrepreneurial endeavor, demands you to be responsible for yourself. Charles...
View ArticleParabolic Moves and Trend Following
Follow the trend to the top and get out as it is falling back down. Predicting the top is a fool’s errand. Feedback in: James: Hi Michael, hope you are well and Asia is treating you well. You did...
View ArticleIt’s All About Knowing Where to Drill: Trend Following Wildcatting
Over the years of teaching trend following I have never made it a secret that there are ups and downs. You may get 10 losing trades before you strike it big with the winner. This is where risk...
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