This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. As my trading career developed I began to think deeply about the market’s first principles. And that’s when I landed on a […]
Convergent versus Divergent Trading Strategies Read More »
This is a guest post by independent trader Max. Let’s face it. Most of us have started in the trading world with the view that in a matter of no time, we’ll spend an hour a day trading from our luxury yacht and then wonder what to buy with the millions we make. Does this
5 Realities of Trading Everyone Should Know Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. Occam’s Razor, a principle conceived in the middle ages by a philosopher named William of Ockham, basically states that when given two
How to Simplify Your Trading with Occam’s Razor Read More »
Everyone’s trading is different. No two traders are the same. Your watchlist, your signals, your chart software, your broker, and your commission costs are probably all very different from mine. Also how your edge plays out can be a different path from my own. Do you need speed of execution to scalp quick trades, or
Solving Your Own Trading Problems Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. In this video we’ll be talking about ruthless reductionism! We need to ruthlessly reduce any complexity that shows up in an investing
Ruthless Reductionism In Trading | Complexity Vs Simplicity Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. In the classroom we were constantly praised and awarded for complexity. A desire for higher marks meant creating more pages of writing,
Complexity Vs. Simplicity In Trading Read More »
Where do our greatest trading mistakes come from while we are trading the financial markets? They arise primarily from within. It is not the price action that causes our missteps and mistakes but our response to the price action. Your ego will cause you to allow a small loss to grow into a big loss
Where Do Our Greatest Trading Mistakes Come From? Read More »
The key to learning and growing as a trader is to learn from mistakes that you make and not repeat them. The first time you commit an error that costs you money is just a mistake the second time is stubbornness, the third time you make a mistake is foolishness. You can be active in
10 Important Trading Lessons & Tips Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. Drawdowns are very difficult. Peter Brandt understands this. He’s had some very large, extended ones… and he’s a market
Emotional Management for Drawdowns Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. There’s many different ways to make money in the market. But whatever method you’re using, it comes down to 3 types of
Three Different Trading Edges Read More »
We’ve mentioned how trading is very similar to poker before on New Trader U. Today, let’s delve into these similarities and the key takeaways that traders can apply to their everyday profession. From the get-go, you can already notice that it’s all about mindset. Here’s what traders can learn from this popular card game: 1.
5 Lessons Poker Can Teach Traders Read More »
We often hear of trading with an edge, but how do we know for sure we have an edge in our trading? How do we know that the odds are in our favor and that the more we trade, the more our accounts will grow? An edge is a definable advantage over your competition. If I
Top Ten Edges a Trader Can Have Read More »
This is a Guest Post by Akil Stokes There’s an old saying in the trading industry that goes “90% of traders will lose 90% of their money within the first 90 days of trading.” Whether these numbers are accurate is debatable, but something that we can all agree on is that the failure rate of prospective
Trade Like a Heavyweight Champion Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. Stitch Fix (SFIX) is undervalued here. Our team is looking at potentially opening a position in the company. The video
Amazon Can’t Kill Stitch Fix Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. Are you investing or gambling? That’s the question you need to ask yourself. In this video I’ll use the example from the
Are You Gambling Or Investing? Read More »
The magic of successful trading is not in someone giving you a trade. It is not in forecasting, predicting, a hot stock tip, or any one big trade. Successful trading does not come from gurus predictions or financial. Trading is a profession whether part time or full time it is about you, your risk tolerance,
Trading: Where the Magic Happens Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. Tony Robbins thinks you’re betting wrong! In this video he talks about one of the most important concepts in investing and trading
Tony Robbins on Asymmetrical Betting Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. I talk a lot about using a trade journal to record your trades so you can analyze them later. Well today
We Really Screwed This Trade Up Read More »
This is a guest post by Sonal Patil of MarketResearch.biz. The Top 8 Challenges in Trading There are many challenges in trading if you want to achieve success. Many believe that all you need to do is to get onto your laptop and make easy money. You will be rich before you know it. I wish!!
The Top 8 Challenges in Trading Read More »
The Perfect Trader is patient with entries and exits, they are focused on what works not personal opinions. They do not worry about missed trades, the Perfect Trader does not boast while winning and does not become depressed while losing. They are never too proud to admit when they are wrong and exit their trade.
The Perfect Trader Read More »