GOLD, USD, YUAN: correlations explained by David Brady
Hi Guys,
just wanted to share an interesting articole by David Brady @GlobalProTrader on 2nd August. I found it after reading this tweet by @TaviCosta twitter.com/TaviCost.../1064568160739717120 that hit my curiosity.
Work in progress! Lol.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
just wanted to share an interesting articole by David Brady @GlobalProTrader on 2nd August. I found it after reading this tweet by @TaviCosta twitter.com/TaviCost.../1064568160739717120 that hit my curiosity.
Work in progress! Lol.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Comment:
I add more on the subject as I find more:
www.bullionvault.com...s/gold-sdr-072420182
www.bullionvault.com...s/gold-sdr-072420182
Comment:
This has nothing to do with it. This is just for my records: www.trendfollowing.com/daniel-kahneman/
Comment:
Trend following by design knows if you don’t cut your losses, if you don’t exit with a small loss, loss will grow like a cancer. And the more you struggle with your small loss, unable to accept it, the larger it will become and the harder it will be to deal with it in the future—if you are still solvent by then. The problem with accepting a loss is it forces people to admit they are wrong. Human beings don’t like being wrong—ego rules decision making.
www.commoditytradema...great-for-long-term/