Archive for Boris Schlossberg

How Do You Know When the Trade is Wrong?

There is no business more binary than trading. Each trade is effectively a twofold choice — continuation or reversal? All your trades depend on how well you answer that question. Everything is commentary. Similarly when it comes to trade management the choice is binary as well. You are either right or wrong. Being right is [...]

Retreat is not Surrender

Trading is and always will be a game of controlling losses. The trader who has never had a loss, who brags that he has 100 winning trades in a row is simply a bankruptcy waiting to happen. Not only will he lose all of his profits, but most likely all of his capital as well. [...]

Trading is NOT about Direction

One of the most basic mistakes that most people make about trading is that trading is all about picking the right direction. In fact successful speculation has nothing do with being “right” and everything to do with being “right now.” At its core trading is all about timing. It really doesn’t matter if you are [...]

The Three S’s of Successful Speculation

So the old joke about real estate is that the key to success is location, location, location. And like all jokes this one contains more than a grain of truth. There is perhaps no greater example of that idea than the intersection of 96th street and Lexington Avenue in New York. On the south side [...]

Trading, Ebola and Luck

On a day when the city of New York received its first confirmed case of Ebola, I thought it may be a good opportunity to ruminate on the issue of luck in both life and trading. While all of us in the advanced industrialized world love to believe in the Anglo-Saxon maxim that hard work [...]

How to Trade Volatility

I used to do a very popular presentation called “Trade like an Insurance Company” in which I demonstrated the very many lessons that the insurance business can teach us. The three principal ideas that I still think are of inordinate value to traders are risk handicapping, risk capitation and the law of large numbers. Any [...]

Trade Like a Gambler Or Lose it All

Let’s not beat around the bush — trading is gambling pure and simple. If you haven’t realized that by now, if you continue to labor under a some naive illusion that the market can be “understood” through analysis — be it technical or fundamental — well you are on your way to the poorhouse sooner [...]

Touch It, Tweak It, Trade It

It that time of the year when panicked New York families make a mad rush for pre-school applications that culminates in endless visits and interviews to secure their little one a coveted slot. In New York where every piece of sidewalk is a competitive battle for space the pre-school admission process is an insanity all [...]

Time is Money

Whenever traders look at the chart they are always studying either price or some indicator value while ignoring what is in fact the most predictable variable of all — time. As FX traders we are so conditioned to focus on price that we simply view time as background noise rather than as a critical component [...]

Success in Investing and Trading Depends on the Exact Same Thing

I came across an interesting item in the news this week. Fidelity — he massive mutual fund giant — did a survey of the best performing customer accounts. Guess which accounts made the most money? The ones where the customers literally forgot that they had an account open. Now you can make all the jokes [...]

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Trade Results
BORIS
How Do You Know When the Trade is Wrong?

November 21, 2014 • by: Boris Schlossberg

Retreat is not Surrender

November 14, 2014 • by: Boris Schlossberg

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

August 15, 2014 • by: Kathy Lien

EUR/CHF Drops Below 1.21 – First Since Jan 2012

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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