Years ago, I knew one of those guys who seemed to always be happy and excited. He was always just that bundle of warm fuzzies. First to give you a hug. Always happy to see you. Complimented you about things that had no business being complimented. We’ll call him ‘Jon.’ Jon was like a dog,…
Everywhere you look these days, people’s achievements are being celebrated, whether it be in the papers, among our family and friends, or on social media. And why not? Success is a wonderful thing and worthy of celebration, but so too is failure. OK, so hear me out on this one. Failure gets a bad rap…
Interesting piece from Dr Brett Steenbarger …..Here are a few valuable insights I’ve gathered from my recent work with skilled, successful traders: 1) What you trade is as important as how you trade: The successful traders are trading instruments that move in meaningful ways and that capture their best ideas. That means trading instruments that…
From loyal reader Roy R The Guide to Happiness from Trading Game Pty Ltd
One of the mistakes I see traders make is the confusion between the market, the economy and what politicians say about the influences on both. Too often traders attempt to trade the economy as opposed to trying to trade the market and the price action that is unfolding. At present we have a classic textbook…
We’ve asked Michael Yardney to write a special guest column today. Michael has been a friend of mine for many years and is our ‘go to’ guy when it comes to property. I’m sure you’ll find his insights powerful. Now… over to Michael. Have you noticed how people who are successful in most walks…
Over lunch in a downtown restaurant, Beatrice, a New Yorker in her late 30s, told me about two decisions she and her husband were considering. They were thinking about where to buy a second home and whether their young children should go to private school. Then she made a confession: She took the price tags…
Whenever we undertake any task we bring with us not only a set of mechanical skill but also a sense of self that drives those skills and applies them in a way that is based upon the filtering of information through our experience and our personality. Anyone who has spent any amount of time observing market…
One of the qualities that impresses me most about people is their resilience – that ability to hang in the fight for a time long after most would have quit. And then if things have not gone their way to pick themselves up and start again. If we take a broader perspective human history in…
2017 global-cryptocurrency-benchmarking-study from Trading Game Pty Ltd
With the situation on the Korean Peninsula threatening to give us another 9 years of MASH and with our own politician desperately trying to find relevance on the world stage by injecting themselves into the crisis I thought it might be interesting to see how markets viewed what was going on. Markets traditionally respond to…
According to B.J. Fogg, a psychologist and researcher at Stanford University who has studied behavior change for more than 20 years, doing something you don’t enjoy and subsequently failing to make it habitual is actually more detrimental to a mission for change than doing nothing at all. To create a real lifelong habit, the focus…
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