Dear Bella, I can’t find the words for thanking you and the folks at SMB for the great free educational staff you post daily on your blog, I just can’t. I want to thank you also for the great course of reading the tape I have taken , It didn’t teach me how to read the tape it did taught … Read More
Trader Disney Land
Hey Mike, I recently blew my profits gain from the past 3 months in one stubborn trade. And not I dare not go in again as I fear I could be wrong again and lost money. My system was right but my emotions was burnt. This is not the first time I lost a trade but somehow I couldn’t pick … Read More
The Chicken or the Egg?
Hi Mike, First of all, I want to thank you for being such a great mentor. I’ve learned so much by reading SMB Capital blogs. I’m currently working a full time job as a Mechanical engineer and have taken trading four years ago, fascinated by this machine we call Mr Market. Obviously due to my day time job, I consider … Read More
We are forgetting one important change in our economy
1. As @jheil said on Morning Joe yesterday, “The Yankees suck.” 2. Are we undervaluing an important positive change to our economy? That being: it has never been better to start a small business. If you talk to some of the biggest HFs in the US they are all preparing uniquely for the US fiscal cliff. Worse yet the perfect … Read More
The happier Toronto trader
I am an hour away from my presentation at Quant Invest Canada and instead of preparing I thought I would share some thoughts from a few meetings with Canadian traders with whom I met. I take the Coach K approach to presentations. If you cannot get up there and speak on a subject without notes then they probably should not … Read More
Bon voyage to Paris to become a better trader
Bojour. I am flying through some nasty turbulence from southern France to Paris to catch my connecting flight back to NYC. I land, drop off our bags and my wife, grab a few hours of sleep and then head back to the airport for a flight to Toronto. I am the chairman and a presenter at Quant Invest Canada 2012 … Read More
Our markets are broken but still the world’s best
Bonjour. As I write I am flying from Paris, the most beautiful city I have ever seen, to the French countryside for a chateau wedding. Since there is no gogo internet access on the flight and I am sans iPad I thought I would share a story about a future trader I lunched with in Paris. Perhaps some will see … Read More
What is Your Advice for Trading Success?
Bonjour! During some down time in Paris I met with an FX trader and later a broker who wanted to be a trader. Both spoke English but admittedly not as well as they would have liked. At times it was difficult to communicate. When we got really stuck I just wrote down my major points in English and let them … Read More