So You Want To Become a Hedge-fund Manager 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… Read More »
Drawdowns – A Reality That Traders And Investors Face 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… Read More »
Listen To The Market Not The Talking Heads In late January 2016, Dennis Gartman, publisher of the apparently widely read “Gartman Letter,” a daily markets newsletter, and an omnipresent talking head on CNBC affirmed: we won’t see crude oil above $44 again in my lifetime. Well, 5 months later, and with oil touching $50, Mr.… Read More »
The Mirage of Set and Forget Trading Systems What would you think if someone came up to you and said: buy my $300 course (only today you can get it for $275 ) and spend just 10 minutes a day and you’ll become a top lawyer or doctor. All sane people will just tell this… Read More »
Nial Fuller – The Unexpected Winner Of AxiTrader Million Dollar Competition I must admit, I’ve never seen this one coming ! Nial Fuller as the winner of AxiTrader Million Dollar competition ! Click to see the official announcement. Quick recap: I’ve written my impression about AxiTrader’s marketing exercise disguised as a search for trading talent… Read More »
Losses – The Cost Of Doing Business How one approaches trading will ultimately determine if he’s going to be successful at it or not. Some people think trading is a sort of salaried position – they run back-tests or use performance simulation calculators, torturing the data until they get the monthly/yearly figures desired. So they… Read More »
When Trade Intervention Costs You – An Example Do you always wait for your trades to hit the stop loss or close them early if they don’t act right ? That’s one dilemma traders face and unfortunately there’s no one size fits all formula available. Some snake-oil salesmen and pretend traders would want you to… Read More »
How A Trader Self-destructs In 4 Minutes This is one of the traders at Darwinex I had my eyes on ever since he listed his DARWIN and I thus became aware of him. In a sea of <$500 accounts with EAs toiling on them, here was this guy with an account that I estimated to… Read More »
What Can Traders Learn From 50 Cent – In the declaration, 50 Cent — real name: Curtis Jackson III — claims that the posts depict ’prop money’ used for G-Unit Records and videos and photo shoots.” – click for full article So what’s all this got to do with trading, right ? A lot, actually.… Read More »
But when you don’t know what you’re doing, it’s fatal, Mr. Moore. Not knowing what you’re doing – Bretton James, Wall Street: Money Never Sleeps Precisely targeting and controlling the volatility level (20% monthly VaR) for DARWINs is one of the great strengths of Darwinex. To put this in perspective, compare it to the roller-coaster… Read More »