Tag: lessons

Napoleon Hill – Think and Grow Rich – Review

Think and Grow Rich is Napoleon Hill’s 1937 book about the mindset he said rich people share, boiled down to 13 steps that start with a burning…

Sharpe ratio: What a good one looks like on real data

The Sharpe ratio is the return you earned above cash, divided by how much the returns swung. Holding the S&P 500 with dividends since 1988 has given…

Netflix stock split history: Every split and what came next

How much do day traders make? What real account data shows

Most day traders make nothing. They lose money. In one large study of real accounts, 97% of Brazilians who day traded futures for at least 300 days…

Thomas J. Stanley, William D. Danko – The Millionaire Next Door – Review

The Millionaire Next Door is a 1996 study of how ordinary Americans became millionaires, and its answer is boring on purpose: they earned a decent…

How to read stock charts: A step-by-step guide on a real chart

To read a stock chart, start with the time frame, then look at each bar’s open, high, low and close, then at the trend, the support and resistance…