Something has come up for me these past couple weeks, that hasn’t really been an issue for a very long time.  I’ve been known to espouse, repeatedly, the wisdom of “don’t marry your bias.”  And yet, knowing that the USD buying frenzy was due for a pullback I couldn’t let go of the fundamental picture [...]

About 3 weeks ago, while shopping for summer workbooks to keep the kids’ skills sharp over the summer break my 6th grade son asked for a printing book.  You know, the ones that Kindergartners use to learn their letters.  He’s been frustrated with his handwriting and all of his attempts to improve it just haven’t [...]

Gideon Rachman, of the Financial Times, wrote an editorial on Tuesday titled The West Re-Examines the Rat Race.  In it he cites a book in progress by Lord Skidelsky, How Much is Enough:  The Economics of the Good Life. Skidelsky states that an unhealthy preoccupation with wealth accumulation has dominated Western culture in the last [...]

It can be really frustrating when your trading is on a roll and then something crops up in your ‘real life’ that interrupts your routine and positive trading habits.  However, I have learned that most of those times that is when the market goes bonkers anyway.  That was a hard earned lesson, actually. I used [...]

Last Thursday I made the case for the upside of backtesting in the first part of this series about…can you guess it?… Backtesting!!!  (Background noise of “Yea!!”) I discussed, in that post, the benefits to a trader’s psychology when they regularly backtest their theories and ideas.  Today, however, I’d like to take the opposite side [...]

The thrill of the trade (and the potential gains that puts $ signs in everyone’s eyes) is a huge draw to the forex market.  It is thrilling; you’re looking at potentially changing your entire lifestyle by changing one, seemingly simple, thing in your life.  You’re going to trade for living. We all know that it [...]

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There was a posting some time back on Seth Godin’s blog called The Reality of Digital Content. Even though the post relates to writing, not trading it made me revisit some of the reasons I decided to trade for a living instead of going out and getting a “real job” as I was advised.  One [...]

Dr. Judith Rich wrote the article The Power of Conscious Forgetting for the Huffington Post which details the power in being able to forget certain trials or hard knocks on purpose. She talks about the long term effects of reliving painful parts of our lives or, rather, our emotional response to certain events in our [...]

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