“Imagine yourself at a Gestapo tea party where Hitler and other villains, dressed in shiny black vinyl, are seated around the table daintily sipping from tiny little pink rosebud teacups.” Whenever my dance teacher begins a new choreography, he starts by explaining exactly what the scenario is in his mind. (As you can see, they’re […]
Cindy Sarver
Black Swans, Carrier Pigeons and Other Scary Birds
With the recent popularity of the M3, I’ve noticed an alarming increase in the number of people saying that you can’t really lose all your money trading an M3. The arguments usually go along one of a few lines, mostly that it performs well even in market crashes (true) including the flash crash (true) and […]
I’m a Loser
Yep, I’m a loser. By saying “I’m a trader,” by definition, I’m saying that there are times I lose. No one makes money on every trade. (Okay, I’ll ignore the “roll out and down until you make money” strategy which just teaches you how NOT to take a reasonable loss when you should.) So I’m […]