Poker for Traders
Somehow, I over looked this terrific article by Doug Kass, comparing poker with trading. Here’s a few bullet points: • Understand...
Apprenticed Investor: Nothing Doing
The latest "Apprenticed Investor" column is up, and its titled (apropos of nothing in particular) Nothing Doing. In it, we look...
Terror Rally
The Markets’ initial reaction to the attack in London reveals quite a few things about investor psychology. It also shows us, to a...
Trading Rule #1
The first rule of trading is simply this: When you make a mistake, when you buy or sell ANYTHING by accident, you immediately...
Method to the Madness: Alpha Chasing Beta
A reader asks: "What is your investment strategy based on? Do you have a specific model?" Fair question: Here’s the...
Will Rallying Oil Set a Bear Trap?
The recent sideways consolidation has been far shallower and more contained than many traders expected. We read this as confirming our...
Quote of the Day
Dow Jones reports more good advice from Lehman Brother’s chief technical analyst Jeff deGraaf in his daily note: "If there is...
On Line Trading: A Business Plan for the future
I originally wrote this about 6 months ago, but never got around to doing anything with it. Since then, we’ve seen E*Trade bid for...
Apprenticed Investor: The Zen of Trading
The latest "Apprentice Investor" column is up at TheStreet.com. Its called The Zen of Trading. So far, the Apprenticed Investor...
How to Short a House
One of the comments that came up repeatedly on the Housing is Not a Bubble column was the assertion that "You cannot short a...