by SITM | Oct 17, 2023 | Blog, SITM Blog
When Some Stocks Become Your Friends… WD Gann wrote in his teachings, that some stocks or markets are a trader’s ‘enemy’, and they will find it hard to analyse and profit from those markets, whereas other markets are a trader’s ‘friend’, and they will almost...
by SITM | Oct 12, 2023 | SITM Blog
As David Bowden, the founder of Safety in the Market, says “Trading must be run as a business” and attributes his success in trading to the fact that he ran his trading like a business, not just a hobby. He says that many people get into trading because they are sick...
by SITM | Sep 27, 2023 | SITM Blog
It’s reported that Aussies spend, on average, over 2 hours per day on social media – as at the beginning of 2023. It’s also reported that the average Aussie spends almost 4 hours a day watching TV. (See ‘We Are Socials 2023 Digital Report’) That’s a...
by SITM | Sep 5, 2023 | SITM Blog
How many choices have you made today? It’s suggested that on average, a person makes an eye-watering 35,000 choices per day. Assuming that most of us spend 8 hours a day sleeping away in decision-free bliss on cloud nine, that’s over 2,000 decisions per hour...
by SITM | Aug 28, 2023 | SITM Blog
Some Days You’re a Pigeon “Accept that some days you are the pigeon and some days you are the statue.” Scott Adams This quote by Scott Adams, the cartoonist behind the Dilbert comic strip, pretty well sums up life and in a nutshell, trading too. Some days...
by SITM | Jul 28, 2022 | SITM Blog
Which would you rather receive, a large lump sum of cash delivered into your bank account once a year, or a steady stream of much smaller amounts of money deposited into your account each month? Which would make the larger difference to your life? Many traders that I...