"Sometimes it is harder to be kind than be clever..." another inspiring speech from the founder of Amazon.com.
Saturday, October 16, 2010
Sunday, October 10, 2010
Mike Novogratz Interview
This is an excellent interview with one of the leading global macro traders.
1. There is a tremendous amount of instint in trading - pattern recognition, learn to trust your intuition, put multiple piece of information together (both fundamental and technical).
2. Create your own version of trading rules that you will abide by and that is the discipline part of the game.
3. Great traders buy when he is bullish and sell when he is bearing. But 9 out of 10 people in the business can't do that.
4. Primary focus is on risk - in the same vein and also different from fundamental, stock investor.
1. There is a tremendous amount of instint in trading - pattern recognition, learn to trust your intuition, put multiple piece of information together (both fundamental and technical).
2. Create your own version of trading rules that you will abide by and that is the discipline part of the game.
3. Great traders buy when he is bullish and sell when he is bearing. But 9 out of 10 people in the business can't do that.
4. Primary focus is on risk - in the same vein and also different from fundamental, stock investor.
Friday, October 8, 2010
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