FX Trader Magazine

How Highly Intelligent People Are Duped into Believing, that Success Is Right Around the Corner

Why do experienced traders become unglued when losses occur, though they know that losses are part of trading?  And why do traders slip from confidence into over-confidence (and blow up their profits) just when they’ve put a string of winners together?  Finally, why does a trader’s execution plan fly out the window just at the moment he needs to adhere to it most?

An enormous amount of education and training are thrown at traders to solve these common problems.

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CountingPips.com

By MoneyMorning.com.au

When you think of Switzerland, what comes to mind?
Rolling meadows? Sweet chocolate? Tax avoidance?
Switzerland offers all those features and more. But here’s a phrase you might have to add to your list: ‘potential financial avalanche trigger’.
The mainstream media has lulled most Aussies into thinking only one vote is taking place this weekend — the Victorian state election. But on the other side of the world, a much bigger game is about to hit its climax.
The sorry squabble between Victoria’s Labor and Liberal parties is chump change compared to Sunday’s Swiss clash.

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MicroCapClub.com

When I was in college (1999-2003) I worked full time for a local stockbroker. He was a top producer and well known in the local area. During those years I witnessed an entire boom and bust cycle. In the office I was the person that answered any questions clients would have to save my boss the time, effort, and annoyance.

We had over 1,100 clients, and when the markets crashed I think I heard from all of them over a 6-month period of time. I witnessed sadness, anger, hopelessness, and despair. I would go to work, the markets would drop again, the phones would ring, I would get the sh!t kicked out of me, rinse-repeat. When I met with my old boss just last month he reminded me if I wasn’t there during that time period he would of quit. I was the first line of defense, a human punching bag.

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By Chris Berry - Disruptive Discoveries Journal

Europe has always fascinated me. A thousand years of rich history confront you regardless of the country or city you visit. Opportunities to talk to Europeans from all walks of life regarding their views on current events or the global financial markets put in a unique historical context are worth the time and effort it takes to plan a trip.

My recent trip to Frankfurt, Munich, Zürich, and Geneva was no exception. I went as a keynote speaker on the Fourth Annual Zimtu Capital Bus Tour where I spoke in each city and also served as a moderator and emcee. 

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