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  1. R

    Preparing for a Life After Daytrading

    LOL - that's actually great advice. There's a huge shortage of good contractors out there. I know one guy that easily made over 100k cash (no taxes paid) doing contracting work. It does take skill though. I guess same goes for being a plummer. How does one get the skill to be a contractor...
  2. R

    Preparing for a Life After Daytrading

    I've been day trading for 2.5 years now and don't want to do it any longer. I still want to trade but I prefer to invest and swing trade a variety of instruments. I used to love looking forward to the next trading day but now I just don't like staring at the screen all day and I don't like...
  3. R

    Illustrated Adventures in Hindsight Bias

    Feel free to add.
  4. R

    Prospect Theory

    http://www.sjsu.edu/faculty/watkins/prospect.htm
  5. R

    Hindsight Bias

    Hindsight Bias - this is one of the scariest ideas in academia, let's not discuss it either.
  6. R

    The market is so logical

    There is a logic underlying the market but it is an emotional logic programed in the old reptilian part of our brains. Crowd behavior, safety in numbers. Crowd psychology. A school of fish move in unison - who moves first? And don't forget hindsight bias, markets are perfectly understandable...
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