"Trading Education" Posts
Malcolm Gladwell: How to Succeed as an Underdog
By Lawrence
It is about business strategies for underdog, for which it carries substance for beginner traders who want to become successful in trading one day because retail traders are the underdogs in the game of financial markets.
Veritasium: Would You Take This Bet?
By Lawrence
Real life experiment with people on rational decision making. Our human nature plays a big part in our lives on the decisions we make. Traders are especially haunted by our bias towards risk aversion as losses of any kind is almost automatically translated into a form of pain or threat. Being able to overcome that […]
The Little Secrets Behind Traders Who Turned Around Their Trading Careers II
By Lawrence
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 away and often replace by setbacks and pains. The small number traders who rise above the others through difficult situations into consistently profitable traders do […]
Not A Clue On Video Capturing
By LawrenceI have been trying to setup a computer for video capturing through a trading session for several days now. It turned out to be something more complicated than I thought if I like it done in certain ways (like capturing a pair of screens separately, etc.). There is also the post production thing that either […]
Anthony Robbins: New Year True You
By Lawrence
It is a long video (about 35 minutes). If you want to do better with your trading, or improving your life, I recommend you sit down and spend 35 minutes watching this video. Mr. Robbins has put together many important ingredients necessary to improve yourself, to get you to where you want yourself to be, […]
More Thoughts On Coaching and Mentoring Service
By LawrenceThank you everyone for contacting me about my coaching and mentoring service for traders. The best word I can use to describe the response is overwhelming. At this point there is a waiting list for couple of months with others booking well into the future at specific time more convenient for the traders. As I […]
Gerd Gigerenzer: Risk Literacy
By Lawrence
The importance of understanding probabilistic thinking in both our daily lives and in financial decisions.
Next Phase In Life
By Lawrence
Ever since I started trading as a teen and then on the floor of Toronto Stock Exchange, a parallel career as a consultant on trading related matters silently developed over the years. It all started out from helping the older traders to setup their computers so that they get to check out the charts at […]
The Little Secrets Behind Traders Who Turned Around Their Trading Careers I
By Lawrence
When beginner traders look for role models in trading, they often think of the big names in hedge fund industry or legendary investors who accumulated billions in their lifetime. Such idolization of great traders or speculators is actually doing more harm than good when it comes to trading. Unlike these legendary figures, normal people usually […]
There Is No Room In Trading To Think That Your Market Should Not Go Higher
Today, I received at least 5 emails (probably more into this evening) that they are burnt badly over the last few days because S&P has been going near straight up. Every one of these emails blame the market, the European Central Bank, situation at Ukraine and the media for messing with the market. They are […]