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 […]
Happy New Year! The stock market is not a friendly place, where everyone is guaranteed to make money by having exposure in securities. It’s a highly competitive field, where the strongest survive. It’s a place, where dreams are crushed and hope can be lost. That’s why it takes mental fortitude and rigid risk management to […]
I remember listening to traders speak on podcasts about trading having finally clicked to them, and being in a starting phase during my first six months, I was wondering what they meant. It was roughly a year later when I started to feel that my mindset had made a shift to think in probabilities and […]
Check out my thoughts about the current market. I also share some statistics how long the average and longest downtrends have lasted in S&P 500 based on my trend-following strategy and research since 1980.
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