Following on from this post – Freakanomics Radio has an hour long special on the pointlessness of predictions. It’s impossible to predict the future, but humans can’t help themselves. From the economy to the presidency to the Super Bowl, educated and intelligent people promise insight and repeatedly fail by wide margins. These mistakes and misses…
In a narrow market, when prices are not getting anywhere to speak of but move in a narrow range, there is no sense in trying to anticipate what next big movement is going to be – up or down. Instead of hoping he must fear and instead of fearing he must hope. He must fear…
Superstition appears to arise from situations of uncertainty (Burger & Lynn, 2005; Felson & Gmelch, 1979; Vyse, 1997). Skinner (1948) was one of the first to document’ superstition’ as a way of describing the behaviors pigeons showed when reinforced with food on a fixed time interval. The pigeons were presented with a situation in which…
Whilst a variety of peanuts bang on about how magic Fibonacci numbers enable one to predict the market his true contribution to the West has been lost in a plethora of pseudo science, gibberish and fluff that would not be out of place in a women’s magazine.
All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical (technical) formations and patterns recur on a constant basis. The game of speculation is the most uniformly fascinating game in the world. But it is…
If you have taken the time to read Michael Lewis’ The Big Short you will be familiar with the name Michael Burry. Burry is a former neurologist turned hedge fund manager who was one of the few individuals who foresaw the collapse in the CDO market. This is a Bloomberg piece on Burry and the…
I suppose the opposite of the much talked about meltdown is a melt up – although in some ways it does sound a bit much like those very ordinary sandwiches the yanks have that contain orange cheese. These large outside days are interesting because of what they do to systems. They are often big enough…
Chat to Stockbot Your Trusted Mentor Program Expert
I'm your go-to-expert for all things related to our exceptional Trading Game Mentor Program. So don't hold back, ask me questions about the course. And remember, being patient is key as my AI bot skills need time to find you the right answer.
Also, don't forget to register for Priority Notification for the Mentor Program and get a whole heap of free trading resources.
To get that done, go to this link:
https://www.tradinggame.com/priority
Hi there! My name is Stockbot and I'm here to answer any questions you may have about The Trading Game Mentor Program. Is there anything specific you'd like to know about the program? Remember, if you haven't already, be sure to register for Priority Notification at this link: https://www.tradinggame.com.au/priority/
