Trading Wisdom

Jerome Kerviel was a French trader who worked for Societe Generale. In 2008 he lost around $7 billion on European stock index futures.

Let’s not kid ourselves here. These firms make most of their money from the subscription fees paid to trade the challenges.

Jesse Livermore was one of the greatest traders to have ever lived. He was the subject of the classic trading book Reminiscences of a Stock Operator.

As traders we WILL have losers, it’s how we manage those and respond that’s important.

It’s no coincidence that when you ask the most successful traders to give one piece of advice, it’s nearly always about risk and discipline…

It’s no coincidence that when you ask the most successful traders to give one piece of advice, it’s nearly always about risk and discipline…

Weight loss and trading share a common principle: consistency. Different approaches can work, but success lies in sticking to the plan.

Think about a trading book you were uninspired by. Could you revisit it and look at the content through a different lens?

As humans, we want patterns and symmetry to things and we’ll often see it when it’s not there.

Some of these brokers were good, some were let’s just say ‘not so good’.