Archive
Category: Trading 101
- October 13, 2007Paul Tudor Jones and Trader Film
A fun article on Paul Tudor Jones. I have this video documentary on him. It is a great film.
- March 8, 20071938 Wisdom Part 2
Last night I posted an excerpt from The 1938 book “Commonsense Speculation”. Another very relevant excerpt: Never forget that all market profits are “paper” until collected. A $1000 or $100,000 paper profit…
- March 7, 20071938 Wisdom Part 1
The 1938 book “Commonsense Speculation” offers: One of the most commonest of speculative sins is to be unduly influenced by the previous high of a stock. If the price has declined a…
- February 5, 2007Victor Niederhoffer: A View on Trend Following
An interesting exchange about trend following trading. Jerry Parker appears there and here and here.
- February 5, 2007Ed Thorp: Beat the Dealer’s Lessons for Trading
An excerpt from the La Times: In a foreword to the book, statistician Nassim Nicholas Taleb (“The Black Swan”) boils down Thorp’s technique to the search for and capture of a “clear…
- February 2, 2007Play for Position, Not Performance, in Your Portfolio
Jonathan Hoenig makes some interesting points here. An excerpt: “…most of the artistic world is subjective. One person’s trash is another’s treasure. But trading is just the opposite – it’s unabashedly objective.…
- August 29, 2006More Old Pro Wisdom
I have developed a friendship with an old pro trader who sends me regular insight. A recent email in: Hello again everyone-due to other commitments today will be my last “morning market…