One Thing I Learned in 2016

By | December 26, 2016

Abandon hope all ye who enter here – Dante Alighieri, The Divine Comedy In 2014 I read an article by Andreas Clenow, Why managing your own money is a bad trade, that resonated with me because it elaborated on what I was already pretty much thinking myself. To wit, managing OPM (other people’s money) is… Read More »

Can You Handle The Truth?

By | December 17, 2016

Jack Nicholson: You want answers? Tom Cruise: I think I’m entitled to them Jack Nicholson: You want answers? Tom Cruise: I want the truth! Jack Nicholson: You can’t handle the truth! – from the movie A Few Good Men (1992) So what’s the truth that a lot of wannabe traders can’t handle? Actually, there are… Read More »

Reviewing The Reviewers

By | October 28, 2016

Two of the oldest and best known review sites for trading/investing services, products and companies are (FPA) and The scope of this article is to show that they are both untrustworthy and more or less fraudulent. 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: Tradeo ad on ForexFactory Clicking on it, you land on this… Read More »

A Lesson From The Latest News On Paul Tudor Jones

By | August 16, 2016

The Latest News On Paul Tudor Jones: 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.   Performance since 2001. Photo Credit: Bloomberg But if with all I had I still lost, what… 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 »