Many of you will have heard me evangelise (or maybe drone on, depending upon your view-point) about the work of Atul Gawande for 18 months or so.  In particular his book the Checklist Manifesto is an excellent read and is immensely relevant to traders.  I think its a fascinating book and I suggest it to all my clients to [...]

Hello fellow traders, I hope you’re all trading well during these first few weeks of January 2012. You may or may not be aware that I’ve been writing a monthly article for Traders’ Magazine on What Type Of Trader Are You? This month’s article is on the difference between Greed Based Traders vs. Fear Based [...]

I’ve mentioned Peter Brandt’s writings before here on my blog.  Whilst I don’t trade like him there’s always some excellent advice & anecdotes on his blog that are suitable for traders regardless of their experience. In this post Peter talks about how his firm keep excellent records (a personal hobby-horse of mine as regular readers [...]

Here’s a blog post written by Tom Willard about Maxwell Maltz, Psycho-Cybernetics and trading. For those who’ve never heard of Maxwell Maltz and psycho-cybernetics I would heartily recommend all traders take the time to read and digest the book. (You can pick up a copy of the book here should you wish to read more.) [...]

Hey traders, Here’s a blog piece by Tony Schwartz on the Harvard Business Review Blog Network on how to accomplish more by doing less. Not surprisingly if you sit at your desk from 7am till 10pm you are likely to reach a point of diminishing returns more quickly than if you work in 90 minute [...]

“Private traders have one advantage over professionals – the ability to stay OUT of the market, yet they squander this advantage time and time again by trading when they shouldn’t” - Dr. Alexander Elder Wise words indeed by Dr. Elder and a principle I’ve followed in these last 48 hours where I’ve taken a hiatus from trading [...]

This is another great blog post by Peter Brandt.  I would heartily recommend you read and take action accordingly. Enjoy   Get ready for a big surprise! If you are a successful day trader, this post does not apply to you. However, if you are unsuccessful as a day trader, then this post might be [...]

An interesting comment that was posted on an MSNBC article by one of the readers in response to another commentator.  I can take no credit for this article. If you know who was the original author then please let me know and I’ll happily credit the individuals The U.S. Congress sets a federal budget every [...]

Here’s an article from Barron’s on currency trading. http://online.barrons.com/article/SB50001424052970204735204576246772527987918.html?mod=BOL_hpp_mag It makes for some sober reading.  In particular they look at the operations of Gain Capital and how they’ve been making money. I have experience of trading FX using Gain Capital through Tradestation.  It was not a pretty experience and gives me a good idea of how [...]

This post is courtesy John C.Lee’s Charts gone wild blog which I read on Stocktwits today.  John provides a good article about Jesse Livermore and his exploits on what would have been his birthday. It’s worth reading to learn more about Jesse Livermore and also to read some of his famous (and still relevant) quotes. Enjoy http://chartsgonewild.com/2011/07/26/happy-birthday-jesse-livermore/