The “initialization protocol” to make sure you’re fully prepared to trade live
A while ago, I watched a video of Elon Musk talking about the early days at Space-X. He said one of the hardest parts of the process, was framing the question of what they were trying to do. Once they figured out the right questions to ask, they could focus on what...
Want more predictable trading results?
Sometimes the best insights can be gained by challenging conventional wisdom. Even the conventional wisdom of successful investors, like Ray Dalio. My hedge fund team and I recently put one of Ray Dalio's insights to the test, and conducted EXHAUSTIVE research on the...
Beware the ‘Rule of Thumb’!
So called ‘Rules of Thumb’ are very popular in the world of trading, investing and personal finance. You probably know about the 2% rule. You may have also heard of the Rule of 72. How about the ‘120 minus your age’ rule? These types of principles can be useful. But...
Here’s another way to build your edge…
Have you watched the movie Moneyball? If you haven’t seen it, it’s one of those sports movies that every trader should watch. The story covers the Oakland Athletics baseball team's 2002 season – when they managed a record breaking 20 game winning streak. Their winning...
Has this ever happened to you?
You get an exciting trading idea and decide to test it... You work hard, spending hours, days, weeks, months or even years researching, coding, testing, and fine-tuning the idea. And the result? It doesn’t work… it’s a complete waste of time. Then you get another...
A totally new trading direction
I first heard the phrase “reinvent yourself” a few years ago and I really had no idea what it meant. How can one “reinvent” himself? What does that even mean? Does it mean I need to put myself in a trash bin and start “inventing” myself from the ground up again? And...
Trading path of a drunken sailor
Ever felt like your trading journey was progressing like this? The fastest way from point A to point B is a straight line, but like most things in life, it doesn’t always end up that way. Our progress can often resemble the path of a drunken sailor stumbling home...
Crazy markets, crazy times, crazy results
2020 was an interesting year for the markets. We saw Covid hit, negative prices on Crude Oil, and a new market environment that we all had to adjust to… Many people faced enormous personal, emotional and economic hardships in 2020. And many traders had a difficult...
Are you controlling your trading odds?
Traders are all about ODDS. And not only in trading - but in real life too. I’m pretty sure that at least one of the many traders I know has checked the odds of dying in a plane crash before boarding a flight. (which according to the Internet is 1 in 205,552). Or, the...
A big gap in your taxes!
Imagine you’ve just received an official tax letter from the IRS (Inland Revenue Service). That ugly, official envelope, we’re all so scared to receive… You open it, and as you start to read it you realize that according to the tax department… ... there is a big...
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