Words of Wisdom from :Kroll’s book
The Professional Commodity Trader (reprinted in 1995 by Traders Press) to follow him as he traded between July 1971 and January 1974, during which time for the 39 accounts that he managed he turned...
View ArticleDiary of a Professional Commodity Trader -Book Review
Brandt uses high/low/close bar charts as his primary trading (not, he stresses, forecasting) tools. He is for the most part a longer-term discretionary pattern trader who enters on breakouts that meet...
View ArticleTruth
“Truth kills those that run from it “-Persian proverb Traders must be able to face the truth.Great traders have learned these lessons early in their careers.Roy Longstreet in his classic book view...
View ArticleOptimism as a Default Setting
We begin with a story from one hundred years ago… From My Favorite J.P. Morgan Story by Mark Skousen: In the early days of the Twentieth Century, when J.P. Morgan ruled Wall Street, a visitor came to...
View ArticleBook Review: Hedge Hogs: The Cowboy Traders Behind Wall Street’s Largest...
I’ve recently enjoyed reading Hedge Hogs: The Cowboy Traders Behind Wall Street’s Largest Hedge Fund Disaster, the story of how Amaranth blew up. It’s essentially a story of one man who was successful...
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