It is my belief that to succeed in the financial markets you need to have some kind of trading system in place.
Trading systems protect the trader from his ‘inner chimp‘ – the limbic side of the brain that relies heavily on emotions and gut instinct. The inner chimp is quick to react and respond to incoming dangers. It often makes snap decisions based on emotion or a feeling. Read more »
In a few hours time we will see the United Kingdom head to the polls to decide whether or not to stay in the European Union.
This long-awaited event has dominated the financial news for the last several weeks and drawn opinion from all over the world. Read more »
I tweeted earlier and advised that now might be a good time to reduce exposure to riskier assets such as stocks and seek haven elsewhere.
The looming EU referendum that is expected to take place next Thursday 23 June in the UK has already contributed to some steep falls in European shares and the British pound. It now looks like that volatility could spill over into US markets. Read more »
Successful investing is both an art and a science.
We can see this must be true because if investing was purely a science then the richest investors in the world would all be professors and academics. Read more »
Several months ago I was thinking about candlestick charts and whether or not these classic patterns had any predictive ability for trading. I had a look around but all I could find were vague speculations and cliches. I couldn’t find any solid evidence of whether they actually worked or not.
So… I thought I would casually test out a few candlestick price patterns and see if any of them actually worked.
Shouldn’t be too difficult, right? Read more »
With the fear and uncertainty of a possible Brexit, GBP/USD has been one of the worst performing currency pairs this year, falling as low as 1.38 in late February.
However, recent weeks has seen the currency stage a comeback, taking the market back to the important 1.4600 level as traders bet the pessimism was overdone. Read more »
I have spent much of the morning reading Misbehaving: The Making Of Behavioral Economics by leading expert and professor, Richard H. Thaler. This is a book that offers a full introduction into behavioral economics whilst managing to still be entertaining and readable. Read more »
In this article I take a look at the Udemy course ‘Learn to Trade the News‘. Udemy are currently having a 25% off sale on thousands of courses which you can access here. Coupon code = 25JBMARWOOD.
Download the rules to a trading system that makes 170% a year in stocks.
Regular readers of this blog will be aware that I like to create trading systems using Amibroker; a program which allows you to test various investment strategies on historical stock data. Read more »