Finding Your Allies in the Market

Finding Your Allies in the Market

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...
The Art of Keeping Track: Recording Your Trading Results

The Art of Keeping Track: Recording Your Trading Results

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...
What’s Stealing Your Future?

What’s Stealing Your Future?

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...
Decision Fatigue

Decision Fatigue

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...
Some Days You’re a Pigeon

Some Days You’re a Pigeon

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...
Cash or Cash Flow?

Cash or Cash Flow?

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...