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 […]
I recorded a quick video update on the S&P 500 index and some thoughts about trends of the sectors that I showed in my previous video.
I have just finished the book, Trend Following, 5th Edition (2017): How to Make a Fortune in Bull, Bear and Black Swan Markets by Michael W. Covel. I think the first edition came out somewhere around 2004 but has been revised and extended again now with up-to-date content. First, I want to say I started […]
I have finished the book and took a lot of notes. It seems to be a simple book to understand and covers most topics for beginning traders: mass and individual psychology, different markets and instruments to trade, charting and technical analysis, money (risk) management, record keeping etc. I like it as an introductory book to […]