Blog Posts

Commodity Trading Advisors (CTAs) have been a prominent force in the financial markets since the 1970s.  These specialized traders focus on trading futures contracts and other derivative instruments across a wide range of asset classes.  Their strategies, known as managed futures, offer a unique approach to diversification and potential returns.   Key Takeaways – CTA […]

Most day traders, and traders of all forms, don’t lose money because markets are impossible. They lose because their feedback systems are broken. In clear skill-based environments, straightforward and timely feedback helps people improve. Trading warps that loop. There’s variance. Discerning luck from skill isn’t easy in the short run. You don’t learn finance in […]

Trading is one of those things that a lot of people think they can do well. But statistics show that the vast majority of day traders lose money. Why is this? This article goes into the reasons behind these losses, looking at the challenges and pitfalls that day traders face in their pursuit of quick […]

Trading is one of those professions that attracts curiosity, admiration, and sometimes… a lot of judgment. If you’ve chosen a path in trading – whether it’s full-time, part-time, retail, or institutional – you’ve probably encountered raised eyebrows, dismissive comments, or even outright disapproval from people around you. Friends, family, or even casual acquaintances may express […]

For those who are passionate about trading to the point where they want to make it a full-fledged career, starting your own trading firm is a challenging yet rewarding task. It requires planning, a deep understanding of financial markets, and a clear vision of your objectives.  Is it managing your own funds? Is it managing […]

As seen repeatedly – from Rome to Weimar to the British Pound in 1967 – the erosion of money’s value and trust often precedes, and catalyzes, declines in global leadership. Today’s environment, in ways, mirrors the late 1960s to early 1970s: fiscal dominance (fiscal policy the main driver of economic outcomes over monetary policy), monetary […]

Can the US or any country run out of money? Technically, the government doesn’t have money. A government is just a collection of individuals. Everything in an economy comes down to productivity.  Governments collect tax revenue from what boils down to underlying productivity at the most fundamental level. It can use a combination of those […]

A poison pill is a strategy employed by a company to make itself less attractive to a hostile takeover bid. The poison pill is usually in the form of poison pills are usually in the form of increased debt or dilutive shares. The poison pill is designed to make the potential acquirer think twice about […]

Deciding whether to hire a financial advisor is an important decision that can significantly impact your financial future. With many factors to consider, from the benefits of hiring an expert to the potential costs and alternatives, this guide will help you make an informed choice. We’ll look into the advantages and disadvantages of hiring a […]

Overconfidence can be a trader’s worst enemy.  We look the dangers of overconfidence in trading, the importance of intellectual humility, probabilistic thinking, and strategies to maintain a balanced perspective.   Key Takeaways – Overconfidence in Trading Absolute certainty is dangerous Avoid using terms like “will” or “always” when predicting market movements. There’s almost never such […]