K.I.S.S Trading Principle
“Everything should be made as simple as possible, but not simpler.” Albert Einstein. If you haven’t heard of it the acronym K.I.S.S. stands for Keep It Simple Stupid. This acronym is as applicable to the field of trading the markets as it is to any. The Keep It Simple Principle works best when activities are […]
Affirmations and Anchoring
Have you ever wondered what sets successful traders apart from ordinary market participants? It comes down to self belief and the ability to execute ones edge according to a trading plan. Once you have a strategy or system that has a demonstrated edge, the next step is to cultivate your beliefs so that you can […]
That uncomfortable feeling
Did you ever have the feeling that the so called experts are really not experts at all? If you said yes, then you’re not alone. The stock market is full of so called experts who believe they can predict the future and tell you what will happen next in the market. But history tells us […]
Put it down on paper
Don’t forget to ‘Like’ us on Facebook – Click the ‘Like’ button on the right I can almost guarantee, that at one time or another in the future, if not already, you’ll be challenged and left questioning yourself after experiencing a large loss trade or numerous loss trades that accumulate in your portfolio. These losses […]
Greatness follows Failure
Don’t forget to ‘Like’ us on Facebook – Click the ‘Like’ button on the right As traders and investors we need to learn from our mistakes. This is why failure is so important. Most do not learn from their own mistakes repeating them many times over. Some do learn from their own mistakes but the […]
Gambling vs investing
This is a continuation of last week’s subject on my philosophy towards investing. There are billion dollar funds’ and money managers managing 100’s of million dollar funds in equity index futures, FX, commodity futures, equities etc that do not spend 1 nanosecond on fundamental analysis of company information. They purely use mechanical systems based 100% on […]
My Investment Philosophy
I was recently on the Sky News “Your Money Your Call” TV program with a fellow educator who suggested that investing money into companies that don’t make a financial profit is more akin to gambling than investing and that investors should only invest money into businesses that make a profit. Live on air, I harshly […]
I can’t think – Part 6 – Making use of Subconcious thought
It is very often the case that creative decisions and ideas tend to arise when our brains are left alone to quietly digest information by applying subconscious thought to a problem at hand. It is very difficult to think creative thoughts when our brains are being deluged with a never ending stream of data and […]
I can’t think – Part 5 – Recency bias
One of the failings of the human brain is its inability to ‘weight’ the information it receives. All the information the brain receives is given the same level of importance and it is only through time and subconscious processing that we are then able to filter the information and provide weight to what is important […]
I can’t think – Part 4 – Decision making remorse
Even if we do manage to make a decision despite being inundated with information research has found that the more information we use to make these decisions the more we then tend to regret the decision we have made, fearing that we may have forgone too many other options! In another study in 2006 Iyengar […]