I've seen so many traders calling the next reversal and probably loose their shirts over it. It's especially difficult to resist the temptation to take a counter-trend trade when that particular market had only recently had a massive move in the direction you want to take. For example, since the 2008 stock market crash, I've … Continue reading Don’t fight the trend
EQUITY RUN UPDATE: $15,196 | +51.2% There has been a series of public indictments recently that have killed the old notions of due process, of innocent until proven guilty. The broader trend seems to be an utter lack of an open exchange of ideas. From egregious crimes, to divergent political opinions, it seems … Continue reading Don’t you dare disagreeing, unless…
[I'm adding a new line to all my post. An update on my trading balance] Journeyman updated Equity Run: $12,020.99. Many continue to scratch their heads at the North Korean problem and provide many plausible reasons for why it has gone on to develop a nuclear arsenal and insists on provoking a potential conflict … Continue reading North Korea: China’s decoy for its maritime operations.
The role of financial speculators, especially when it comes to agricultural commodities, has often been villainized by political activists and special interests groups. The criticism has been particularly strong in my lifetime during periods of rising (food) commodities prices, such as the decade between 2005 and 2015. Check out this article and the study it refers … Continue reading Speculators are scumbags