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Momo from Boris Schlossberg on Vimeo.
Clayton M. Christensen is one of the best known business experts in the world. His book the Innovator’s Dilemma has sold millions of copies and is required reading for every corporate executive around the world. The basic premise of Mr. Christensen is: “Disruptive technologies are cheaper, simpler, lower-performing, and are targeted at the least profitable [...]
This week Robbie Booker and I had a call with a very nice gentleman who traded lumber for a living that won a half hour coaching lesson from us. He had just started trading FX with his wife and was full of questions, but the one thing that he most wanted to know was — [...]
This morning, central banks around the world released their latest reports on foreign exchange turnover. These numbers are for October 2011. FX trading volume declined in every part of the world except for the U.S., where it rose to a fresh record high in October. The anomaly in the U.S. may have to [...]
One of the maddening things about trading is that it resists any and all attempts to turn it into a regular business activity. For most of us our greatest desire as traders is to achieve steady, positive returns that compound on a daily basis. But trading is not and will never be a job with [...]
With less than 24 hours to go before members of the Greek Parliament vote on the Austerity Package, sealing the fate of Greece in the process, the euro is holding steady against the U.S. dollar. The next 48 hours could determine the overall sentiment in the global financial markets for weeks and possibly even [...]
All Setups are Worthless If You Don’t Practice Proper Risk Control That was my message at the New York Expo this past Tuesday as Kathy and I presented to a very enthusiastic group of FX traders who had come from all corners of the world. We produced chart after chart of various trade setups that [...]
Rule #1 of Investing DON’T LOSE MONEY Rule #2 of Investing SEE RULE #1 Warren Buffett Warren Buffett will be forever known as one of the greatest investing geniuses of all time. Most traders and investors are in sheer awe of his accomplishments and do not even try to emulate his approach to the markets [...]
I was on CNBC last night talking about the Battle Against Yen Strength
I have received a number of requests for my Currency Checklist excel spreadsheet which I fill out every morning before I trade (admittedly some of them are linked to real time feeds and are automatically filled out) but here it is!
This is the same Currency Pair Checklist shown in Chapter 8 of Day [...]