How AIG’s Collapse Began a Global Run on the Banks
By Porter Stansberry
October 4, 2008
Something very strange is happening in the financial markets. And I can show you what it is and what it means…
If September didn’t give you enough to worry about, consider what will happen to real estate prices as unemployment grows steadily over [...]
Archive for the ‘Investing Lessons’ Category
AIG Collapse…. another bitter pill to swallow
Posted in Investing Lessons on October 5, 2008 | Leave a Comment »
The Lehman Lesson – “Over Leveraging Kills”
Posted in Investing Lessons on September 15, 2008 | Leave a Comment »
What went wrong with the storied investment-banking firm is a warning for all of Wall Street.
By Allan Sloan and Roddy Boyd
Last Updated: September 15, 2008: 8:13 AM EDT
(Fortune Magazine) — The sad fate of Lehman Brothers is a cautionary tale of what’s gone wrong with Wall Street.
Lehman ended up on the financial scrapheap because it [...]
Lehman’s dying hours
Posted in Investing Lessons on September 15, 2008 | Leave a Comment »
As the clock ticks down, workers file out of a Times Square skyscraper carrying what they can.
By Andy Serwer, managing editor
Last Updated: September 15, 2008: 7:27 AM EDT
NEW YORK (Fortune) — The last hours, minutes really, of one the world’s largest investment banks make for a pretty unusual spectacle.
I’m standing outside Lehman Brothers (LEH, Fortune [...]
TRADERS MINDSETS
Posted in Investing Lessons on August 31, 2008 | Leave a Comment »
TRADERS MINDSETS
It has been theorized that your state of mind will dictate your trading methods. Experts in the field of trading psychology have pinpointed three main states of mind and how each has a direct effect on a trader’s profitability.
These three mind states are “having”, “doing” and “being”. Psychologists have noted that those new to [...]
Thoughts for starting your trading day
Posted in Investing Lessons on May 4, 2008 | Leave a Comment »
By William Eckhart
• “If a betting game among a certain number of participants is played long enough, eventually one player will have all the money. If there is any skill involved, it will accelerate the process of concentrating all the stakes in a few hands. Something like this happens in the market. There is a [...]
Trench Trading Tactics
Posted in Investing Lessons on April 30, 2008 | Leave a Comment »
Gerald M. Loeb was a highly successful trader who wrote the classics “The Battle For Investment Survival” and “The Battle For Stock Market Profits.”
Loeb’s Trading Tactics:
• The market is a battlefield. Make sure you are on the winning side
• You must trade with the actions of the market and not simply by how you might [...]
Avoiding Errors: The Dumb and Avoidable Mistakes Traders Make
Posted in Investing Lessons on April 30, 2008 | Leave a Comment »
By Larry Schneider
http://www.tradingmarkets.com/.site/stocks/how_to/articles/-76372.cfm
No one likes to lose money. Ever. But the veteran trader knows there are two kinds of losses. Those caused by being on the wrong side of the market (because the seasoned trader knows the market is always right) and those caused by doing something dumb and avoidable. Taking losses is a part [...]
Three Things My Son Taught Me about Trading
Posted in Investing Lessons on April 30, 2008 | Leave a Comment »
Tom Gentile, Profit Strategies.com
April 7, 2008
http://www.optionetics.com/market/articles/19312
Watching kids grow up is amazing. The processes we all take for granted were once major challenges for all of us. And what really impresses me is how they seem to take to most things like a fish to water—first looking at each new endeavor, then assessing it, and finally [...]
A Few Trading Psychology Observations
Posted in Investing Lessons on April 30, 2008 | Leave a Comment »
http://traderfeed.blogspot.com/2008/04/few-trading-psychology-observations.html
* From working with developing traders, I’d say that 90% don’t/can’t sustain the process of keeping a substantive journal. Among the group that does journal, well over 90% of the entries are about themselves and their P/L. I almost never see journal entries devoted to figuring out markets.
* A sizable proportion of traders who [...]
Why Every Trader Should Be An Investor
Posted in Investing Lessons on April 30, 2008 | Leave a Comment »
I find two things striking about a large number of active traders:
1) They’re not prepared for failure – If trading doesn’t work out for them, they don’t have clear backup plans (and trading doesn’t naturally lead to other careers);
2) They’re not prepared for success – If trading does work out for them, how will they [...]
