I’m enjoying this view while writing these lines here… I like trading because it’s challenging, intellectually educative and offers great opportunities to make money. Of course, it can also be stressful and lose money. But that’s the fun of it! It’s a highly competitive field, where the strongest survive and thrive. Don’t be mislead by […]
The US stock market has been in a drawdown for almost 2 years since the start of 2022, when it made the last all-time high. There’s still a lot of interest in the markets among the general public, which shows people still have a lot of savings from the money supply bubble created by central […]
The title originates from Walter Deemer who had a 52-year career as a market analyst in Wall Street. I haven’t read his books, but the quote gave me a few ideas to think about. The main point is probably tied to the fact that people don’t want to buy stocks when prices are falling and […]
Wise words by Annie Duke, whose book “Thinking in Bets” I read and reviewed in the blog several years ago. What she means with this quote is that in poker we need to deal with lots of unknowns like cards we can’t see and players bluffing, but in chess all the information is available on […]
At the beginning of my trading journey I was fond of trading quotes and I used to write them down in a file together with an explanation of how I understood each one of them. This was part of training the mindset. Through experience and while becoming more mature with my own strategies, I have […]
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