Reviewing The Reviewers

By | October 28, 2016

Two of the oldest and best known review sites for trading/investing services, products and companies are ForexPeaceArmy.com (FPA) and Investimonials.com. The scope of this article is to show that they are both untrustworthy and more or less fraudulent. ForexPeaceArmy.com is run by Dmitri Chavkerov, a Russian national apparently living in the US. If you were… Read More »

My Thoughts On The Sterling Flash-Crash

By | October 8, 2016

We’re all just one trade away from humility. – Marvin to Bud Fox in Wall Street. Last night I’d just finished watching an Alfred Hitchcock movie (Frenzy (1972) – recommend it) when I checked my Twitter feed.  It was in a frenzy (pun intended) about GBP – capital letters tweets and charts that indicated a… Read More »

Trading Guru Busted By The CFTC

By | October 2, 2016

Listen and understand! That Trading Guru is out there. It can’t be bargained with, it can’t be reasoned with. It doesn’t feel pity or remorse or fear, and it absolutely will not stop…ever…until your wallet is bled dry. – paraphrase of Kyle Reese to Sarah Connor in The Terminator School of Trade (SoT) has been… Read More »

A New Low For Social Trading Advertising

By | September 26, 2016

I’ve been using ForexFactory for its Calendar feature for a long time. Because they’re decent with their advertising (as in not harassing you with countless pop-ups), I disabled Adblock on the site. Last night, an ad that I’d never seen before caught my eye: Clicking on it, you land on this page (which miraculously disappears… Read More »

A Lesson From The Latest News On Paul Tudor Jones

By | August 16, 2016

Bloomberg just reported that Tudor Investment Corp., the hedge fund started by legendary Paul Tudor Jones in 1980 is laying off 15% of its workforce, amid lackluster performance and client withdrawals. But if with all I had I still lost, what chance does the green outsider have of winning, or, rather, of cashing in? –… Read More »

Cautionary Tales About Trading Gurus

By | July 18, 2016

Three things happened over the past few days that reminded me once again how much BS and deceit there is in the trading world. But before I start, I’d like to quickly answer  those who think along the lines of: ‘why do you even care, just mind your own business’. I care because these guys… Read More »

So You Want To Become a Hedge-fund Manager

By | June 26, 2016

This post goes out to all serious independent traders out there who wish to take their trading to the next level without having to change city or country. Traders who read countless times books like Market Wizards or Trend Following and want to some day be just like ‘one of those guys’. Traders who look… Read More »

Drawdowns – A Reality That Traders And Investors Face

By | June 22, 2016

False expectations lead to a great part of the emotional and financial suffering that traders and investors encounter in the markets. Members of the first group are preponderantly misled by alleged professional traders (who can’t substantiate most of their claims and have no verified track-records) while in the case of investors, advisors with conflicts of… Read More »