Archive for Boris Schlossberg

Trade Like a Traveler Not A Tourist – Part 2

This is Part Two of Three Part Series Lesson two from my trip to Singapore boils down to — don’t sweat the small things. Singapore is notorious for its tough traffic jams. Despite the fact that it can cost up to 200,000 USD to buy a regular sedan, the country is chuck full of cars [...]

Trade Like a Traveler Not A Tourist

This is Part One of Three Part Series Last week I spent several wonderful days in Singapore at one of Asia’s largest investment conferences talking markets and trading and it occurred to me that many of the processes that I apply to my travel are actually very good lessons that I should incorporate into my [...]

It’s Not The Strategy. It’s You.

The other day I did a very simple Excel sort on a whim. I downloaded the last ten years of monthly closing prices for the euro and made a simple rule — buy when there were three months of consecutive declines and sell when there were three months of consecutive rises. Then I liquidated the [...]

What Google’s Mistake Can Teach Us About Trading

The other day Google discovered that it was wrong. Yes the brainy we-are-smarter-than-all-of-you-combined Google, the we-will-be-the-first-trillion-dollar-company Google was wrong. For the longest time Google assumed that the only the smartest, best pedigreed talent was worthy of hire. Even if you were 40. Google would ask you for your GPA and your SAT scores since they [...]

Trading and the World Cup of Baseball

I wrote this a few years and thought that on the verge of the final of biggest sporting event in the world it may be fun to take a look at the quintessentially American sport of baseball and what it can tell us about being standout trader. To an outsider the game of baseball may [...]

Why Backtesting Always Lies

There is no investor in the world that will not ask you for your past performance results. The human need for assurance is greater than the need for fame of the most insecure Hollywood actor. Yet objectively speaking, there is perhaps no worse indicator of future performance than past results. All past performance tells you [...]

For Best Results Trade Blindly

Whenever I am in a new city I like nothing more than to just step out of my hotel and walk aimlessly for hours to get the lay of the land. That exactly what I did last l week when I was in Madrid at my good friend’s David Aranzabal’s 2nd annual Forex Day expo. [...]

Why Everybody Loses Money and Nobody Can Lose Weight

You see that picture below? That has been my main meal everyday Monday through Friday since November of last year. That’s about 150 days of eating nothing but salad and sardines. Net result? I lost five pounds. That may not seem like much but I think this experiment in eating speaks volumes as to why [...]

Why Analysis Provides Little Value in Trading

When you are a trader you are effectively in the future prediction business and predicting the future in the forex market can be very tough business. Basically there are three elements that you need to get right. You need to understand the news. You need to properly anticipate the market’s reaction to that news. You [...]

Sure Thing Trading

This week I am re-running a oldie but a goodie: Does success in business require you to take outsized risk? Do you need to max out your credit cards, leverage your house and put your whole life in the hands of fate in order to achieve your dream? That’s been the mythology built around American [...]

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Trade Like a Traveler Not A Tourist – Part 2

August 15, 2014 • by: Boris Schlossberg

Trade Like a Traveler Not A Tourist

August 8, 2014 • by: Boris Schlossberg

see all posts by Boris Schlossberg
EUR/CHF Drops Below 1.21 – First Since Jan 2012

August 15, 2014 • by: Kathy Lien

Forex: 10 Events to Watch Next Week

August 15, 2014 • by: Kathy Lien

see all posts by Kathy Lien

Past performance is not indicative of future results. Trading forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts.

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