I was feeling creative and recorded a video update about the current thoughts. Hope you enjoy this format!
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Tag: psychology
This is not a usual book for my blog even though the author had his first job as a screen clerk at the New York Mercantile Exchange, also working later on in the hedge fund space. I didn’t know the author was a trader when I got this book. The book is not about trading […]
When it comes to a career or entrepreneurship, it’s often said that you need to be up to your game and make it happen. Nobody else is going to do it for you. I agree. Taking this mindset to trading may not work out well, because we don’t control the market, we can’t make it […]
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Ray Dalio – Principles – Review
I saw this piece of writing on a bookshelf and decided to give it a read. It’s not an investing book per se but a story of life and work principles written by one of the most successful hedge fund managers, billionaire Ray Dalio. Dalio writes about the principles he developed while running Bridgewater Associates. […]
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No pain, no gain
People often look for easy money in the markets. They are in for the reward without wanting to tolerate the pain. When I think systematically in quite efficient markets, the more gain you want the more pain you need to put up. Strategies with excessive returns need something that people are less willing to do. […]