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A blog on trading, market psychology, news, and personal finance

Category:Trading

So I’m back in Asia! I’ll have a few post about coming back to Asia. So I wanted to see if Gold is inexpensive to the S&P 500 and the Dow Jones. The below chart shows the ratio of gold to the S&P 500 market index. A low ratio signifies a high confidence (gold low, S&P high) and a high ratio signals a lack of confidence (gold high, S&P low)....

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  • NPR Broadcast on Short Selling

    I posted an article on the morality of short selling several months back. I recently listened to a podcast on the topic on NPR’s “Planet Money.” It starts out with an Herbalife conference call.  Herbalife is a company that sells...

    On : March 17th, 2013
  • Correlated to

    Diversification is one of the most commonly techniques used to minimize investment risk.  One of the best ways to think about diversification is the same way you would think about an oil tanker.   George Soros says it best: GEORGE SOROS: Markets...

    On : January 27th, 2013
  • Financial Markets in India

    Financial Markets in India | A reader asked if we could look at India’s ADRs’ so I decided to continue to the ADR series.  The China and Latin America ADRs post looked at companies that are hard to reach for North...

    On : January 23rd, 2013
Category:Financial

We’ve heard stories of how back in the day you could have the world for a hundred dollars and get back change. So what happens to those times. Why do prices continue to rise? Why is it that we can no longer go out with 50 cents in our pockets and buy a pair of slacks, or knickers? Why do penny loafers seem so silly now? Have they always been...

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  • China F.D.I.

    I can’t get enough of infographics! They are neat and tide and they get to the point. Some of the things that caught my attention. The amount of money being invested in Energy and Transportation! The amount of deals that got blocked. ...

    On : January 30th, 2013
  • World of Hedge Funds

    Pertrac has published an info graph on Hedge Funds that I find extremely useful.  After looking at the info graph I’m actually surprised by some of the items on the infographic. 1) Under the section named “Where is wealth concentrated?”  There are no...

    On : September 25th, 2012
  • Canada to create new entrepreneur visa

    The Canadian government has plans to create a new visa class in hopes of attracting entrepreneurs to start new companies, which will in turn boost the Canadian economy. Canada  is putting a hold on its existing entrepreneur visa which only...

    On : September 18th, 2012
Category:Psychology

This phrase stuck in my head when I was at the World Money Show.  It was right after Ernest Chan finished up his speech on “The Pitfalls of Backtesting” you can find his blog here and his books here. Just like to add Ernest Chan is a really nice guy!  Well, when I was sitting down a couple passed me and mentioned, “forget about the pitfalls of back testing I...

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  • Automated System Trading

    Automated System Trading | In my previous blog post I wrote about emotional trading, which was published on August 31st, 2012.  I mentioned how I had met a number of traders that had a hard time of removing their emotions from their...

    On : September 2nd, 2012
  • Emotional Trading

    Emotional-trading | psychology trading Having met a few traders within the last week, there is a common element that they all share.  I noticed that each one of these traders couldn’t get their emotions out of the trade. I know...

    On : August 31st, 2012
  • Podcast; The Trend Following Manifesto

    I f you’re interested in trading, and trend following in particular, Michael Covel’s Trend Following Manifesto is some good listening. Michael Covel is the author of Trend Following. Covel interviews people who are practicing the philosophy highlighted in his book....

    On : August 31st, 2012
Category:Books

I’ve just finished reading How To Make 37% (Tax-Free) Without the Stock Market, by Mike Warren. It’s a nice, fast read. Mike Warren explains the concept of buying judgement liens and collecting on those liens when the property the lien is on gets sold. Thats an oversimplification of course, but its a sharp way to make money. Warren also discusses interest, retirement funds,forming a business, and a few other things, while explaining...

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  • Audio Books: Useful multitasking tools

    Generally, I find multitasking to be a waste of time. In my experience, you end up with several unfinished tasks, or a few poorly done ones. A few years back I discovered a multitasking tool that I can get behind,...

    On : July 5th, 2012
  • Trading in The Zone, by Mark Douglas

    Trading in the Zone[i] in an excellent book on the topic of discipline in trading. It introduces the importance of setting goals and exit strategies before entering a trade so that you’ll have a plan in place for when things...

    On : October 29th, 2011 4 com
  • Boomerang, by Michael Lewis

    What you do comes back to you. That’s what I took as the underlying theme of Boomerang[i]. I’ve tried to throw one a few times myself, but could never get the thing to work. Boomerang highlights the circumstances leading up...

    On : October 28th, 2011 2 com
Category:中文

好的,既然你已經決定好要做交易並且投資。有一點請你銘記在心,做交易是沒有致富計劃的。當然,除非你和【藥命效應】這部電影中的那男孩一樣,擁有無止盡的神奇交易藥,能讓你變成一個交易天才。不然,你可能要花上好幾個月才能達成你的目標。在這段時間裡,你也暫時無法挪用你投入的資金。這意味著,你應該把你拿來做交易的資金和買日常雜貨的錢劃分開來。 如果日常生活所需要用到的錢是你手邊僅有的金額,那麼,你籌備資金的障礙就會是你每個月必要要負擔的債務了。《資產生財,富足有道!》這本書概述了處理債務問題的最佳策略。 這是一段此書作者所建議的釋義。請你們記住,由於我已經把書歸還給圖書館,這代表這本書的內容也已有一部分烙在我的腦海裡了!一點也沒錯,我還在使用我的圖書卡,你也快去辦一張吧! 比方說,你每個月要花上$2500美金來還債。你要付你的抵押貸款$1500美金,$300美金的汽車貸款,$250美金的學生貸款,$350美金的信用卡帳單和$100美金的信用額度。既然你真的很想要擺脫債務,從現在開始,你每個月要付上比這個帳單高出10%的金額,把你每個月原本要付的$2500美金提升到$2750美金。(2500+10% 或是 250=2750) 首先,你要搞清楚那些債務可以在最短的時間內付清。你可以這麼做,先看看每一個款項的總餘額,再用此除以每個月的最低支出。舉例來說,你的房屋貸款是$300,000美金,而你每個月繳$1500美金。也就是說,你要花200個月才能夠付清你的房屋貸款。你的信用卡額度有$1000美金的未償還餘額,而你的最低還款額度是每個月$100美金。這代表貸款可以在10個月內被付清。用這種方式來計算你所有的債務,由最短期可以付清的,到最長期才能夠付清的順序來排列。這個列表大概會以這樣的方式呈現:   信用卡額度        $1000            $100美金/每月           10 個月            第一順位   信用卡債          $4200            $350美金/每月           12 個月            第二順位   汽車貸款          $3900            @$300美金/每月         13 個月            第三順位   ….. 如此排序下去。 下一個步驟。開始支付帳單,把需要多繳的10%金額放在該繳款項列表的第一順位。所以說,你現在每個月該繳的信用卡額度會變成$350美金,而不是原本的$100美金。(加入額外的$250 美金或者是 10%)。這樣一來,你的信用卡額度就能夠在大約三個月左右的時間內付清,而不是十個月了。 當你把第一項債務付清的時候,就是時候該犒賞自己了,用$350美金來慶祝自己付清了這個款項吧!過了這一個月後,你每個月便要開始繼續繳$2750美金來還債了。 至於你的信用卡帳單呢,你每個月將支付$700美金來取代你以往每個月所繳的最低金額$350美金,如此一來,你將會在六個月內付清這個款項而不用到十二個月了。繳清之後,也照樣拿出$700美金來慶祝這一個月,然後再繼續付其他的款項吧! 接下來是汽車貸款。你每個月將要開始支付$1000美金。這樣做的話,大概不到四個月,這部車子就會真的是你的了。這些都還是相當粗略的計算。我還沒有扣除每個月除了第一優先以外的其他款項必須要支付的最低金額,但我想大家心中應該已經有個譜了吧! 最後,你每個月將要支付$2700美金,而非你的抵押貸款$1500美金,這樣一來,你只需花上109個月就能夠付清了,而不需要到原本預估的200個月。我也要再次的聲明,這個數字還並未扣除你每個月該繳的其他款項。不管怎麼說,這意味著你的抵押貸款能夠在原本預估時間的一半時間內被繳清。 你只需要把每個月的第一順位款項金額增加10%,就可以大幅增加還債的效率。如此一來,你所賺的錢便可以用來儲蓄、投資以及做交易了!

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