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RenTech reserves the best fund for themselves to maximize their earnings. RenTech reserves the inferior funds to outside investors. For these inferior funds, if RenTech cannot make money from the markets, RenTech can at least make money from outside investors who have to pay for inferior...

DOesn't smell right to me. They reserve the best fund for themselves to maximize their earnings. They reserve the inferior funds to outside investors. For these inferior funds, if RenTech cannot make money from the markets, RenTech can at least make money from outside investors who have to pay...

It's shocking that top hedge fund managers like Steve Cohen can make USD1b a year despite under-performing cheaper indices like Nasdaq100 and S&P500 (gain of more than 30% in 2019). Steve Cohen earned USD1b in a year despite destroying value for clients who would have made more money investing...

This advice applies to everyone seeking to learn from financial trainers, especially those who call their systems Holy Grail.

When a financial trainer calls his strategy "HOLY GRAIL", alarm bell should start ringing. This smacks of sales talk. He's throwing words like "holy grail" as bait. If the trainer is really so good with a holy grail system, do you think he'll be sharing with other people? I bet he is going...

I agree with you but most professional money managers do just that because most of them got rich from charging their clients a high fee despite under-performing cheaper stock benchmark indices. In other words, these money managers got rich from sucking the blood out of their clients' wallets. I...

From the article, Kenneth Fisher under-performed cheaper benchmark stock indices despite charging high fees. This is not new in the money management world. What surprises me is that his fund manages USD100billion!! That is a huge amount, given his inferior long-term performance against cheaper...

I think one has to use a market stop order. The movement can be so fast that it will miss the stop order if it's a stop limit order.

I think it works for forex because forex makes smaller moves in terms of percentage. It will be a problem if higher leverage is taken.

I trade stocks and hold them for days to weeks. I try to follow trends and have been getting whip-sawed lately due to powerful tweets from the most powerful man in the world. I don't do hedging.

Could I ask why 100% focus on forex and abandon the rest? What makes forex safer from the President?

Recently, there is a new phenomenon in the markets. Unpredictable, abrupt tweets can come out of nowhere that cause financial markets to make volcanic reversal action. Someone very powerful up there flip flops unpredictably. One moment he says "They want to make a deal." Next moment, he throws...

I suspect he suffered from mental depression. When rich people kill themselves, it's usually mental depression since they've got so much going for them compared to poorer people. To be fair to Livermore, I suspect his depression was the main cause of his final blowup. How the final blowup...

Jesse Livermore is the favourite trader among traders. Many traders look up to him as a mentor. Yet, he blew up a few times in his trading career and eventually committed suicide. He looks like a loser to me, yet many great traders look to him as one of the greatest winners. Given that he is so...

The most damning evidence is the 3.7% returns for past 10 years. The annualised interest is close to bank deposits. Risk-adjusted, the performance of CTAs is so dismal that they should bury their heads in the sands. Who would want to invest in high-risk, low-gain CTAs...

There are short 3-day courses which charge thousands of dollars for teaching you how to manage money. At these prices, they are even more expensive than the most expensive college in the U.S on a daily rate. Will learning trading through free books borrowed from libraries and free websites and...

From this article, it seems that this money manager Crispin Odey has poor risk management. However, I don't quite believe it since he is ultra-rich, close to being a billionaire and survived for 27 years. If he had poor risk management, he would have been wiped out much earlier on. His...

Retail investors love John Bogle for giving them a cheaper and better alternative. Active fund managers probably hate him secretly for exposing them as more expensive but less competent parasites who deserved to be sacked 10 years ago. Most active managers deserve to be sacked based on relative...

Retail investors are better off if majority of their money managers are fired. These money managers do not create value for their clients. They create value for themselves at the expense of their clients. Beats me why these people can continue this evil value destruction business for so long...

Thank you for the reply. It's good to know such an alternative exists. BY the way, I have good news for you. the forex data is back. :)