Trading commodities can be a rollercoaster. Learning how to trade is a rollercoaster inside a tumbler ride! The learning process can be so intense and painful, at… Read more "How I got out of the hole"
Author: The Journeyman Trader
Mr. Booy has spent the last several years in the investment and trading industry with Morgan Stanley and with Westrock Asset Management, a hedge fund and commodity trading advisor in Little Rock, Arkansas. His passion for trading together with his previous experiences in education management have combined to develop a unique style for communicating complex economic developments into simple and quickly-digestible concepts. His international experience and diverse educational background enable him to connect the most disparate dots into cohesive narratives that put decision-makers in a position to better identify threats to and opportunities in their businesses.
Mr. Booy is a Dutch-American citizen, who was raised in Italy and educated in the United States. He is husband to Kelly and father to four wonderful kids. He holds a Technical Degree in Industrial Electronics from the Istituto Tecnico Industriale Castelli of Brescia (Italy), a B.A. in Religion & Philosophy from Lyon College (USA), and an M.B.A. from the Rotterdam School of Management, Erasmus University (The Netherlands). He's fluent in Italian, Dutch and Spanish and he's working on Portuguese and Mandarin.
Booy’s #Commodities #60SecUpdate #29
METALS The political headlines are quieter. Interest rates are inching higher again (after the negative close to the week). USD is being dragged higher. Well, you know… Read more "Booy’s #Commodities #60SecUpdate #29"
Why sitting on your hands is the best thing to do
Sometimes the hardest things to do for a trader is to sit on his hands and do nothing. Somewhere I read Jim Rogers saying that he would do… Read more "Why sitting on your hands is the best thing to do"
Booy’s #Commodities #60SecUpdate #28
To subscribe only to this update, click here: http://booyinsights.com/subscribe METALS With no change in ECB policy the Euro confirmed the negative reversal pattern, which in turn is supporting…… Read more “Booy’s #Commodities #60SecUpdate #28”
Fear the market like you fear your dad
I was once a Dean of Students at a private prep school. I was trained by an "old-school" principal on how to handle various discipline issues among… Read more "Fear the market like you fear your dad"
You have to listen to a lot of noise to identify the signal
There was a time when traders used to “read the tape” to get a sense of where prices were moving in the short-term and to identify where…… Read more “You have to listen to a lot of noise to identify the signal”
Booy’s #Commodities #60SecUpdate #27
To subscribe only to this update, click here: http://booyinsights.com/subscribe METALS * Aluminum and Palladium have retraced about half of the politics-induced rally, as sanctions against Russia’s Rusal loosen…… Read more “Booy’s #Commodities #60SecUpdate #27”
Booy’s #Commodities #60SecUpdate #24
To subscribe only to this update, click here: http://booyinsights.com/subscribe For more information regarding BiMTi read this.
The starting point of a trading plan
Many trading plans focus on the entry signals. I believe, the starting point of a trading plan is a risk management plan that stops you out of…… Read more “The starting point of a trading plan”
Right idea + bad execution = losses
This isn’t a new concept. In fact, it can be applied to many facets of business and life in general. The beautiful thing about trading is that…… Read more “Right idea + bad execution = losses”
