One of the biggest mistakes a trader can make is to neglect the aspect of risk management. In this video, I divulge the most pivotal lesson I’ve gleaned from my experience in trading. During the initial years of my trading journey, I disregarded the importance of risk management, which proved to be detrimental in a significant way. The watershed moment of my...
People that call themselves neuro-economists make all sorts of experiments, the ABCD questions are from Kahneman and Tversky from 40 years ago, I found these examples on stanford website. There was another similar study, or series of studies in Lyon, France. They got people to speculate and when they dangled the carrot in front of them they basically created...
The goal of this article is to understand what really moves the markets. 1. Central Bank Decisions These organizations manage the countries monetary system and policy. They control the countries money supply and operate through specific mandates. Stable inflation is a common mandate applicable to the majority of central banks. Interest rates are a crucial tool...