by admin | Sep 5, 2018 | Podcast
Imagine you need a new pair of shoes. You go to the shoe shop and explain to the store attendant what type of shoes you want. Now, imagine if the store attendant tells you they only have 1 type of shoe and it only comes in 1 size. They recommend this same shoe to ALL...
by admin | Sep 3, 2018 | Blog post
Yes, one of my students lost 50,000 USD. Yet, he is one of my best students ever. Here’s the thing: Some traders are people truly living on the edge. They live from adrenaline. And that was exactly this student of mine. He is a high-adrenaline guy. He’s in...
by admin | Aug 31, 2018 | Blog post
Let me break a myth. The myth of ‘less is more’. The myth that a good trading strategy needs to be simple. Last week my hedge fund partner in charge of client acquisition had an important meeting. It was a meeting with the boss of the trading division of a big Czech...
by admin | Aug 29, 2018 | Podcast
Do you remember those ‘Apple vs PC’ ads on the TV in the 1990s? They were a funny but very effective look at the differences between 2 competing options, and they ignited a debate that continues on today. Everybody has their opinion on which is better, but the answer...
by admin | Aug 24, 2018 | Blog post
Do you sometimes feel like your trading is “cursed”? When I first started trading I felt like that every single day. Each time I started building things up and got close to switching from “demo” to “live”, I suddenly stopped. And instead of taking the step forward, I...
by admin | Aug 22, 2018 | Podcast
There are a lot of wrong assumptions when it comes to trading strategies… One is that you only need 1 or 2 strategies to be successful. Another is that a trading strategy will last forever. Both of these aren’t true. The lifespan of trading strategies has been getting...
by admin | Aug 20, 2018 | Blog post
Many traders don’t care about money, despite saying otherwise. They care about silly things. But not about money. When I was giving live trading seminars in the Czech Republic, I sometimes had up to 200 traders in the room. This is what it looked like: And as you can...
by admin | Aug 17, 2018 | Blog post
If you’re in the trading business, you’re already doomed. And yes, I’m writing this because I WANT to scare you. Here’s why: During my 10+ year trading career I’ve realized an important truth: That if I don’t scare traders enough, then they don’t...