The voice of reason is quiet, practically unheard. It can’t be heard over the roar of hastily formed, unrigorous opinion. The reasonable are timid. The unreasoning are bold. So logic takes the sidecar while ignorance drives. And thus, much of … Continue reading →

Over the years I’ve gone from a hobbyist market enthusiast to a semi-professional speculator (meaning I still rely on other people’s money to trade). The one thing I realize now is the most important and would have gotten me much … Continue reading →

It’s a numbers game: your system should be good enough to have room for big wins, and cut many smaller losers/stop many break evens/ stop many small winners. The hardest part of professional speculation is waiting around for the big … Continue reading →

The game of speculation is hard. Striving to play this game full time is almost an impossible task. Most will fail, and in most cases to fail is not to blow up your account, but rather, to give up and … Continue reading →

The only way to have a noble profession, Is to have skin in the game, Form ideas, See if you are correct, By betting money on them. This is the only way to see if you are actually as smart … Continue reading →

no one knows what paradigm gold should trade from right now. know one that says im told: “pay up or trade us your labor for USD” and i hear from kris that the dollar will strengthen some how, rates soar … Continue reading →

First time investors always make the same mistakes. If you can avoid these, you are a step ahead: • create unrealistic expectations for growth- you can expect to grow your investment at about 7% per year. That means with compunding, … Continue reading →

If you are young, have some extra cash, and you are inclined to save it for several years or more, chances are you have thought about investing in the stock market. Chances are also that you don’t know how you … Continue reading →

The first thing most financial advisors will tell young people is to open an IRA and make the max contributions to it every year. However, this is not good advice for young people that are inclined to start a business … Continue reading →

I’ve never followed NFL football so the guys that make it to the news are all unfamilar to me. Like that guy that did corporal punishment to his son or the guy that knocked out his wife on an elevator, … Continue reading →