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17th March, 2013

Zen and the Art of Trading

Sumit Singh, a young trader sends this: An interesting similarity I found while reading two different books on two different subjects: “The “Holy Grail” is not some magical source that

9th March, 2013

A Crash Course in Economics

SOCIALISM You have 2 cows. You give one to your neighbor. COMMUNISM You have 2 cows The State takes both and gives you some milk. FASCISM You have 2 cows.

5th March, 2013

Excerpt from Paul Tudor Jones’s Interview in Reminiscences of a Stock Operator

Part of the appeal of [Reminiscences] is Livermore’s journey of self-discovery as a person and as a trader. Have you had the same experience as a trader and portfolio manager,

27th February, 2013

Cycle of Development for a Novice Trader

1.Don't see the problem and do not know to stop. 2.See the problem and can't stop. 3.See the problem and stop it before it is too costly. 4.See the problem

26th February, 2013

Not an accomplishment it is necessary

A fascinating post by Eli Radke of traderhabits.com : It is important to understand the difference between a prerequisite and an accomplishment. Zero is the necessary minimum to achieve a task.  Showing up to work is