Press your winners
A very good coverage of a trade in TSLA. It doesn’t matter what kind of market you trade. This is how it needs to be done so the numbers at the end of month make sense. Press your winners and do not chicken out. Thx Steve.
Always try to get better and never stop!
https://www.youtube.com/watch?v=hbV6knbeUFE Mr. Sushi 🙂
Rises of a good mood
The improvement in sentiment – driven by the assumption and then confirmation of permanent Fed support – is responsible for virtually all of your portfolio’s gains since the Summer Solstice, no offense to the regard with which you hold your stock-…
Entrepreneur stuff
Delegate, don’t watch TV and sport broadcasts, do not spend too much time grooming yourself, practice a sport, write a lot, sleep a lot, do not take work on your vacation, spend time with your family and do not go to business lunch. In a nutshell …
GOLD? LONG, SHORT or SIDELINES
Gold has often been described as an inflation hedge. If gold is an inflation hedge then on average its real return should be zero. Yet over 1, 5, 10, 15 and 20 year investment horizons the variation in the nominal and real returns of gold has not …
Market predictibility
“That was how a Salomon bond trader thought: He forgot whatever it was he wanted to do for a minute and put his finger on the pulse of the market. If the market was fidgety, if people were scared or desperate, he herded them like sheep into a corn…
GBPUSD and possible trade ahead
As the time to MPC Meeting Minutes is slowly ticking I can feel the pressure on GBPUSD. In the last several weeks it had almost parabolic bull run and has reached a previous 29th March high. In my opinion it is time to take some profits and I will…
Perfect practice makes perfect
Practice does not make perfect. Perfect practice makes perfect. Screen time does not build intuition. Perfect screen time does.source: smbtraining.com
Interest rates: low vs high
If the Fed’s bond buying is keeping interest rates at “artificially” low levels, not everyone wins. Among individuals, spenders are rewarded and savers are punished, a perverse consequence in a nation that already saves too little for the future.s…
Correlation between Gold and Inflation
We have pointed this out before, but its worth repeating: As Merrill Lynch pointed out earlier this week, “the link between inflation and gold is very limited.” The correlation between Gold and Inflation is not what most people believe it to be. T…