Recent content by Johno

Once you have gone thru the site and been around a while it becomes obvious that the same, often irrellevant topics get reborn time after time which suggests an Elite Trader lifespan for most people. I find that the Wall Street News and Economics threads can sometimes reveal interesting...

My experience re my youth is very similar (53 next month) although no pits, I think that as I've gained knowledge I have learnt to focus on what is important rather than fleeting distractions such as greed, envy and not least skirt. Staying balanced is high on the agenda. With only casual...

+1 Regards Johno

+1 There is no substitute for expierence ! Regards Johno

It's interesting how we evolve with the passing of time! Regards Johno

It will be interesting to see how their immagration policies are impacting on the bottom line! Regards Johno

So it only took you 10 pages to realize that someone was taking the piss, I'm sure that there are many who wished that it only took them that long!:D Regards Johno

What is obvious to me is that the vast majority here are "baffled by the bullshit". There is so much crap spinning around in their heads that they never have time to stop and think rationally about what is required. Trading when broken down into it's individual components is actually very...

If your neighbor loses his job then it's a recession. If you lose your job then it's a depression. But on a serious note, we are probably looking at a two speed world economy. Many European economies and the US have very poor outlooks for many years to come. Then of course we have the...

Your previous post shows that you are streets ahead of the vast majority on this site. Leave out the streaming part and think a little more deeply. Regards Johno

+1 :)

I cannot think of any specific books that gave me that aha moment, but recently read "Fooled by Randomness" and found that many of the observations discussed are lessons that I have paid dearly to learn. Whether it would have been of any value early in the piece is a matter of conjecture as I...

Let me give you a hint. Markets flattening out, PIIGS bond spreads widening, Bond downgrades, major lenders not stepping up to the plate and any number of other signs leading to a market dump, meanwhile the share index charts were happily bopping along, no problem here. Your post refers to hope...

Don't hold anything back!:D Regards Johno

Trends are only clear in hindsight. Each new tick can be either a continuation or the first move in a reversal, at the time you have no way of knowing which it will be. Knowing how to pick trends isn't the holy grail. Understanding how to manage market uncertainty is as close as you can ever...