In relation to the current market crisis, I must say it comes as no surprise to me. I excerpt verbatim from Galbraith’s The Great Crash ‘As a protection against financial illusion or insanity, memory is far better...
Latest Posts
Question & Answer: Losing Money Fast
As a relatively new investor I thought the summer would be a reasonable time to develop and test some sort of strategy, how wrong was I! Talk about baptism by fire. Well, I’ve decided, fool hardy or not, to ride things out...
City vs Retail Investors, Small Caps and Number of Holdings
In his book “The Zulu Principle” Jim Slater writes; In the investment game you will be up against full time professionals who eat, drink and sleep investment. They have readier access to the companies in which they...
Buying an Option is like a Pizza coupon
Hints for options trading: It’s really simple, an Option is like a Pizza coupon…that’s it!! Either the coupon will allow you to buy pizza or you can make the coupon and sell it (but if you sell it of course you...
Spreadbetting – when and when not to use it!
Who: Paul – Bedford Interests: Trading, software, Business Venturing Trading Style: Volatility Breakout/Day Trading/Swing What method do you use to trade?: Purchasing stocks, options, futures...
Unexpected Share Price Declines
Don’t spend too much time “puzzling” about a share-price decline. It is nearly always impossible to find out in advance what the reason is. It could be due to any number of factors, ranging from the relatively...
Where to place the Stop Loss Level
As an individual, I feel it is important to have an exit criteria as nobody knows when a really severe fall is going to occur from which it may take years rather than months to recover. Some individuals may be prepared to accept...
Why would anyone like any sort of losses?
Why would anyone like any sort of losses? Call me old-fashioned, but I think the objective of investment is to profit, not lose. When I write a big cheque, I do it for a reason. I expect to profit. Barring a change in...
The Pros and Cons of Using Stop Losses
As an individual, I feel it is important to have an exit criteria as nobody knows when a really severe fall is going to occur from which it may take years rather than months to recover. Some individuals may be prepared to accept...
Are you trying to Predict the Market’s Direction?
As a trader it is not really necessary to be able to predict market direction; just trading what you see (not what you think) is a good rule. As far as what happens next I aint got a clue, but then nor has anybody. the markets do...