Buying the Rumour, Selling the Fact – 4 tips to help you win! Quite often I speak to clients who have just seen on the news or read in the paper that XYZ company is looking to merge with ABC company, and is willing to pay a phenomenal price per share. The commentary will usually […]
The key takeaway point from last week’s article ‘the trading experiment‘ was the level of comfort associated with risk and being exposed to it. The key to your success as a trader is your ability. To become extremely comfortable with exposing your trading account to risk – managed risk, that is! The more comfortable you
Last week’s article on BHP prompted a number of comments, particularly in regards to my view on risk and return. Having had a few weeks off the trading floor – literally – as I have had some leg surgery – albeit not time away from the market. Being off, has allowed for a bit more
Well if you did, congratulations, but if you didn’t, please read on…. Today’s announcement of a $1.75bn third quarter profit raised a number of eyebrows out there in the market. We constantly hear about how the Aussie economy is slowing down – but the CBA profit shows the bank is bucking the trend. And continuing
[jw_player file=”http://764f2efdd097317eb461-3ca2fda7ff81b64012fc9d58bd654ac6.r94.cf1.rackcdn.com/MM_Lesson-3.mp4″ image=”https://australianinve.wpengine.com/1616369700085/wp-content/uploads/2013/07/Trading-Mindset-The-Endowment-Effect.jpg” height=”330″ width=”590″ autoplay=”false”] Why did I hold on too long – The Endowment Effect Trading is a business that is based upon one single component more than anything – process. Being a process driven task, there simply is no room or place for emotion, if you want to be successful. One emotion
[jw_player file=”http://764f2efdd097317eb461-3ca2fda7ff81b64012fc9d58bd654ac6.r94.cf1.rackcdn.com/MM_Lesson-2.mp4″ image=”https://australianinve.wpengine.com/1616369700085/wp-content/uploads/2013/07/Trading-Mindset-why-use-a-trading-journal.jpg” height=”330″ width=”590″ autoplay=”false”] Why should I use a trading journal? Journaling is black and white – you either do it, or you don’t! Those that do, understand the value of this skill – it provides a very useful tool. For self diagnosis within your trading business. Ultimately, your job as a trader
As a trader or investor you need to know when to increase or reduce the size of positions that we take. When is the right time to step up and get involved.