TRADING WISDOM

“Every trader, irrespective of profile, is a day trader on the day he makes the trade.” — Markets in Profile by T. Jones and James F. Dalton The stock market can feel like a battlefield or a competitive sports game. Just like in soccer, where understanding the opposing team’s players is crucial, in the stock […]

Investing in the financial markets can be as challenging as navigating the open seas. To better understand how we make decisions—whether in trading stocks or steering a ship—it’s helpful to look at the work of Daniel Kahneman, a Nobel Prize-winning psychologist. In his book “Thinking, Fast and Slow,” Kahneman introduces the concept of two systems

When we chart a course across the open seas, we rely on our experience, knowledge of the weather, and the tools at our disposal. Yet, as any seasoned sailor knows, the ocean is unpredictable. The waves, winds, and currents can shift without warning, turning a calm voyage into a turbulent challenge. In many ways, this

Imagine you’re at an auction house, surrounded by eager bidders, all eyes fixed on a beautiful painting that’s about to go up for sale. The auctioneer takes the stage, and with a tap of the gavel, the auction begins. At first, there’s a calm. The auctioneer starts the bidding at a low price—something everyone in