FoMO, i.e. the fear of missing out, is the most common complaint I hear from struggling traders. They say they feel helpless, at the mercy of their FOMO, unable to control the urges and temptations even though they know it’s detrimental to their trading success. I entered the trading...
Read more
When I was in my corporate role, I was 100% sure that hard work was the key. I slugged it out, working 8, then 10, then 12 hour days. I said ‘no’ to friends who wanted to meet me for dinner. Without attention, those relationships began to slink away...
Read more
Quick profits, fast moving markets and riding the momentum are three key reasons why traders gravitate towards short-term trading like a moth to the light. Short-term trading continues to rise in popularity due to the ability to make quick gains in any market type. Every day there are stocks,...
Read more
In recent months, ‘fake news’ has a become a big thing, bandied about to create discontent and angst in the general population, as they struggle to work out who to trust in mainstream media. Fake news is not a new concept. However, it has been around since merchant sailors...
Read more
Australians are known for their competitive spirit, particularly in sport, and so it seems is the case in financial circles. If the US market is moving up, Australians wonder why isn’t our market doing the same? If the US consumers are spending more, why aren’t we? If the US...
Read more
When approaching the markets, many participants start off with an unrealistic belief about their own ability and set lofty expectations. The outcome from the market is often very different from these initial expectations. These expectations are often provided by the media or people not associated with any actual trading...
Read more
The simple answer is because you’ve paid attention to what I have shared about the market being in an “improved earnings” phase. Only the educated see what’s coming. The uneducated are often distracted by the politics and other highly emotive information. Let me share with you the six phases...
Read more
Many years ago, I remember getting to the cash register with a trolley load of shopping. I handed over my debit card, and the machine rejected my card. Oh far out – there wasn’t enough money in the account! I thought there was more. I had lost track of...
Read more
As we move into the unchartered waters of 2017, it is important to look beyond the short-term noise of financial markets and focus instead on the more prominent risks that may potentially affect the global outlook. It appears the only certainty in 2017 is uncertainty! 2016 was renowned for...
Read more
Exclusive Digital Report: Is Oil Really Booming?
According to broker reports in recent weeks, oil is experiencing the “longest winning streak” since December. I shake my head when I see commentary that implies that oil has been booming when what has occurred is quite different. Reports over recent months have mentioned that a rally in oil...
Read more