Average down on losers madly is one thing. Controlled average down is something else totally. In this article I am going to discuss the second component of strategic average down. ...
Have you ever spent time studying how the market you trade behave statistically? Here is an example showing some interesting behaviour that is ignored by many traders.
Statistic Concept of Runs
A ...
One of the questions I often receive from traders is that they have bought (or leased) certain well known trading systems yet they cannot make money trading them. Of course, ...
A very interesting video by Tim Ferriss about his book The 4-Hour Body at Google Talk. If the book title has not stirred interest in you, the subtitle may – ...
Many retail traders started their trading adventure because of the financial potential. During their journeys through the maze of the learning process, however, that dream of financial freedom slowly fade ...
An excellent presentation on how to delay your decision making meaningfully. Frank used the word procrastination in a misleading way to catch our attention.
Pivot Point in day trading refers to the average of the previous session’s high, low and close. A set of other price levels are derived from the pivot point as ...
Ted Talk by Keith Chen, Could your language affect your ability to save money? Very interesting talk with strong statistics supporting the concept. Personally I have ...
Interesting conversation with some friends earlier this week who somehow have this perception that some money is evil. In particular, money made from investing, trading and even making a loan ...