Bernard Baruch was a successful trader and investor in the first half of the 20th century. Although not as widely quoted as his contemporary, Jesse Livermore, he did leave behind a wealth of wisdom regarding the markets. Here are some points I gathered reading about him (Bernard Baruch: The Adventures of a Wall Street Legend… Read More »
Being Successful in Trading by Not Trading – “My philosophy has always been to stay out of the market as much as possible. The less time I am in the market, the less risk I am taking. If dictated by market conditions, I’d rather make X percent having significant market exposure in only three months… Read More »
Grexit : The prevailing theory at the moment on financial websites and forums is that Greece (most probably) or another country from the PIIGS group (Portugal, Ireland, Italy, Greece, Spain) will soon leave the Eurozone. This is the third time since the financial crisis of 2008 that this will happen. The previous two instances were… Read More »
Timothy Sykes Exposed Even if, like me, you’re not into penny stocks, chances are that you’ve heard of Timothy Sykes. He’s the guy who, while in college, turned $12k into more than $1million trading penny stocks during the dot-com bubble in `99-2000. He then tried to run a short biased hedge-fund, didn’t quite make it… Read More »
Cutting Through the Bull – Forex Price Action I’ve never held the guys selling Forex price action courses in high regard for one basic reason: not one of them can show that what they teach and charge for is profitable. As far as I’m concerned, in trading money talks and bullshit walks. You can have… Read More »
What Kind of Trader Are You, the Gambler or the “House”? There are many popular ways to differentiate traders: by the average duration of their trades, the financial instruments they trade, the type of analysis used for trading and so on. Though seldom used, there’s another way of telling them apart that transcends all the… Read More »