Trading Psychology

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 13 “Losing money is the least of my troubles. A loss never bothers me after I take it. I forget it overnight.” – Jesse Livermore Name: Kenneth Heebner Nationality: American Education: MBA, Harvard University Occupation: Funds manager Career: Ken runs Capital Growth Management (CGM), Boston, Massachusetts, […]

“Illusions are something pleasant. The disadvantage is that they tend to burst like a burble.” – Wolfgang Kurz “It is true that the market is brutal to most of the people who challenge it. But so is Mount Everest, and that should not – and does not – stop people from trying to reach the […]

I am not so foolish as to believe that everyone espouses a buy-and-hold strategy of investment in the stock market. However, I firmly believe that for the average person, buy-and-hold is the wisest strategy. There are different types of people with different purposes for buying, selling, or holding stocks. The “Whys” Investor Speculators watch the […]

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 12 “I am actually trading because I learn a lot of important life lessons from it. Trading helps me get to know myself. It helps me think about why I believe things and why I do things.” – Van Eekelen Name: Michael Platt Date of Birth: […]

Thank you, Monty Python, for the title – one that is sorely needed at the moment. People need to think about something other than the market correction set off by concerns out of and about China. We can’t afford to all be in a dither. It has been exciting for the global economy to seem […]

“However, it is pleasant to win over the long term. Contrary to popular opinion, losses are part of winning. Take sports for example.” – Markham Gross A drawdown is the peak-to-trough decline during a specific record period of an investment, fund or commodity. A drawdown is usually quoted as the percentage between the peak and […]

It might have been a better day for Glencore’s (LSE:GLEN) share price and the FTSE 100 if the former had not had to publish its Q2 and H2 operations and financial report. The mining giant’s share price dropped by 9.74% to close at 158.95, continuing a decline that began a year ago on 25 July […]

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 11 “The biggest risk in trading is hubris… This is because being wrong is actually an integral part of success. A successful futures trader makes many more losing trades than winning ones. The key is to recognize and concede the mistakes and cut losses. And ride […]

Concha shares (LSE:CHA) have the tendency to continue going north – though in a slow and gradual manner. There is no big momentum in the market but the shares are fairly strong. The ADX period 14 is not above the level 30, confirming the aforementioned low momentum in the market. The ADX DM+ is, however, […]

Have you ever wondered what would happen if China decided to devalue it’s currency? Well, you don’t have to wonder any longer. Today the country’s central bank devalued its Yuan by 1.9% against the U.S. dollar – the most in two decades, and investors around the world headed for their cardiologists. The move “was partly […]