Entries by Anish

Lessons from a Trading Great: Jesse Livermore

“Boy Wonder”, “Boy Plunger” and the “Great Bear of Wall St.” are a few of the monikers Jesse Livermore was known by. Livermore was immortalized in the trading classic Reminiscences of a Stock Operator by Edwin Lefevre — a book your author has read countless times over the years and still pulls new wisdom from […]

Liquidity and Frozen Ice Theory

Howard Marks on liquidity: It’s often a mistake to say a particular asset is either liquid or illiquid. Usually an asset isn’t “liquid” or “illiquid” by its nature. Liquidity is ephemeral: it can come and go. An asset’s liquidity can increase or decrease with what’s going on in the market. One day it can be […]

What’s Really Driving Apple?

Narratives are a fundamental part of our human existence. They’re the key to how we process information. Just as the mind instinctively searches for visual patterns in nature, it also seeks to derive patterns and meaning from information flow. We create stories to help us understand. We see this in financial markets all the time, […]

Mistakes Are The Way

“I’m only rich because I know when I’m wrong… I basically have survived by recognizing my mistakes.” ~George Soros From the time of our upbringing we are taught that mistakes are bad; that they are cause for embarrassment, and that they should be avoided at all cost. This is indelibly imprinted onto our minds at a […]

Action Through Inaction

Michelangelo once said, “genius is infinite patience.” A master trader understands this truth on many levels. Infinite patience is essential to staying with the grind and surviving the long and arduous crucible of learning how to win in markets. Infinite patience is a cornerstone of developing one’s self. To beat back our weak human desire […]

Market SitRep – Blockchain

In this week’s Market SitRep – Blockchain we discuss Bitcoin and the revolutionary blockchain technology it utilizes. We then review recent central bank announcements and take a look at some monthly charts to get a big picture view of markets.  A PDF of the presentation can be found here.

Triple Levered ETFs Will Make You Go Broke… Even If You’re Right!

In a previous article we explained why “buying oil” using ETFs comes with an overlooked set of complications. Well, things get even more messy if you want to amplify returns using leveraged ETFs. Investors should completely avoid trading any type of ETF, levered or unlevered, unless they understand exactly what’s going on under the hood. […]

Soros On Soros Review: A Peek Into The Mind Of The Palindrome

Soros on Soros: Staying Ahead of the Curve is one of three books every aspiring trader needs to read; the other two being Reminiscences of a Stock Operator and Market Wizards (the original). George Soros, nicknamed the Palindrome, because his last name is the same forward and backwards, is arguably one of the greatest traders of this generation. […]