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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...
Getting Paid to Trade!

Getting Paid to Trade!

Before the Global Financial Crisis (GFC) in 2008, Carry Trades (buying and holding a currency pair for the interest differential) were very popular with traders because they provided an income stream (often quite a generous stream!) with very little risk IF done...
Carry Trades – Getting Paid to Trade!

Carry Trades – Getting Paid to Trade!

Before the Global Financial Crisis (GFC) in 2008, Carry Trades (buying and holding a currency pair for the interest differential) were very popular with traders because they provided an income stream (often quite a generous stream!) with very little risk IF done...
You Don’t Know What You Don’t Know

You Don’t Know What You Don’t Know

Many years ago, my sister got married in the Czech Republic and I travelled overseas to attend. This was the first time I had ever left Australia, and everything was new and exciting for me. It was a wonderful experience and I had a great time. I also realised that...