The Traders JournalMay 31, 2013 at 11:30 AM
I’ve known a lot of great traders. Yes, they are out there. Some eventually became money managers, and then their careers evolved into more client hand-holding and less real trading. Clients can kill an exceptional trader. That’s the qualifier...Read More
The Traders JournalMay 23, 2013 at 10:47 AM
To make a broad generalization, European cars lust after curvy roads. American cars are more about the power, rumble and straight line 0 – 60 speed...Read More
The Traders JournalMay 17, 2013 at 04:15 AM
I’m sure you’ve heard the expression, “the more things change, the more they stay the same.” Gerald Loeb used this phrase frequently. I’ve always had great respect for Mr. Loeb. True, he was an extraordinary investor and a best-selling author...Read More
The Traders JournalMay 10, 2013 at 11:30 AM
Over decades of training and teaching, it’s been my experience that the majority of both investors and traders are data driven, first and foremost. Their mantra seems to be “better living through numbers” or a hundred variations on this theme...Read More
The Traders JournalMay 03, 2013 at 11:30 AM
Peter Lynch started managing the Fidelity Magellan Fund in 1978 with $20 Million in assets. When he retired in 1990, the fund had ballooned to $14 Billion largely as a result of his 29.2% average annualized return...Read More
The Traders JournalApril 26, 2013 at 11:30 AM
It’s spring and the baseball season is upon the Kingdom. The Mariners are playing at Safeco Field again, and I happen to be watching the first season of HBO’s medieval fantasy series, GAME OF THRONES...Read More
The Traders JournalApril 19, 2013 at 11:30 AM
You watch your equity position tear away on a 200% parabolic run and then you allow your greed and fantasies to kick in, hoping that it will go up 300% just as it turns down and erases half of your gain. That’s how you make 100% return on what was once a 200% gain...Read More
The Traders JournalApril 12, 2013 at 11:30 AM
Albert Einstein famously said, “If I had one hour to save the world, I would spend 55 minutes defining the problem and five minutes implementing the solution...Read More
The Traders JournalApril 05, 2013 at 11:30 AM
I have found that if you offer the market your sincere attention – presented on a platter of organized checklists – it will reciprocate by talking to you about its true intentions...Read More
The Traders JournalMarch 29, 2013 at 11:30 AM
Wrong is now right. What I once considered unreasonable is now considered reasonable (and I don’t mean just stock markets). On YouTube, you can watch American Eskimo dogs playing with their natural predators, the polar bear (check it out)...Read More