Continuing on from my previous post on trading by Ray Barros, this post covers on the topic of money management. Ray Barros mentioned that 80-90% of newbies will show a loss in their first 12 months of trading. 3-6% even lose their entire trading capital. The single most important reason why this happens is unrealistic […]
During the Invest Fair a couple of weeks ago, I had the opportunity to attend two talks by Ray Barros, a professional trader and fund manager. It wasn’t the first time I had attended his talk, and it certainly won’t be the last. I had always enjoyed his sincere sharing of knowledge with no hype […]
Another talk that I attended on the first day of the Invest Fair was by Tom Gentile, the senior vice-president and chief market strategist of Optionetics. The title of his talk was “Terminating Inconsistency in 5 Minutes“. Tom Gentile spoke about the use of a trading system, where it’s 100% mechanic with no human inteference. […]
I had some time between Steen Jakobsen’s talk and the panel discussion, so I decided to attend one of the talks on trading psychology. It turned out to be a complete waste of time as the speaker seemed to be more interested in impressing on the audience his trading records than sharing any knowledge. Two-thirds […]
The next speaker that I managed to catch at the Invest Fair was Steen Jakobson, the Chief Investment Officer of Saxo Capital Markets. Steen had a very negative outlook on the state of the US economy, with the falling commodity prices a confirmation sign of the slowdown. He also heavily critizied the money printing policies […]