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Daily Archives: September 29, 2020

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  2. 2020
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  4. 29

Here We Go Again….

Get Your Shit TogetherBy Chris TateSeptember 29, 20201 Comment

Trading is a difficult profession – its difficulty comes not so much from mastering the technical aspects since these are always overstated by the magic indicator fools but rather in coming to terms with the psychological and emotional difficulties that arise. In part, these difficulties arise because of perceptions as to how easy trading is…

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Inside the Greatest Trade of All Time

Aspiration, Market Wizards, US MarketsBy Chris TateSeptember 29, 20201 Comment

There are many worthwhile candidates on Wall Street for the Greatest Trade of All Time. There’s Jesse Livermore’s bet that the stock market would fall in 1929. He pocketed something like $100 million in profit, akin to $1.5 billion today. There is George Soros’ 1992 bet that the British pound would fall against a basket…

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Bill Ackman: Getting Back Up

Brokers/Fund Managers, Market Wizards, Trading PsychologyBy Chris TateSeptember 29, 2020

Here are a few highlights from our conversation: I think of philanthropy as something that is not genetic, it is learned, and it was something that my dad reinforced pretty much from the time I was a kid. I’ve always had this view that success is not a straight line up. If you read the stories of…

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Your 2020 Burnout Recovery Plan

Aspiration, Trading PsychologyBy Chris TateSeptember 29, 2020

It was getting dark when I hit the first riffle of my trip down Utah’s Green River in a canoe. My plan was to set out while it was cool and log some mileage before nightfall, but dusk came on quicker than I thought. Because I’d been in a rush to launch, my gear wasn’t…

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