Something completely different, Trading

Trading for sport: just don’t!

Almost on a daily basis I see online advertisements stating “Become a Trader in 10 minutes!” or something idiotic like that. Sadly, I know of too many people who thought it would be a good idea to put some money into a trading account as a personal challenge, to earn some extra money, or just for fun. My strong advice: don’t!! That adventure is very likely to turn into a colossal waste of your talents, time, and ultimately a lot of your hard earned cash. Continue reading

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Policy, Politics, Something completely different

Ex UK Ambassador Craig Murray after visiting Julian Assange: it wasn’t the Russians…

After visiting with Julian Assange, former UK Ambassador Craig Murray reported on his blog: “I can tell you with 100% certainty that it is not any Russian state actor or proxy that gave the Democratic National Committee and Podesta material to WikiLeaks.” The full article is here: How to Really Really Upset the Foreign Office and Security Services.

Alex Krainer is an author and hedge fund manager based in Monaco. Recently he has published the book “Mastering Uncertainty in Commodities Trading“.

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Expertise, Psychology, Something completely different

In the beginner’s mind, there are many possibilities…

State a moral case to a ploughman and a professor. The former will decide it as well, and often better than the latter, because he has not been led astray by artificial rules.” Thomas Jefferson wrote this in 1787, but his words remain relevant. Advanced education often narrows our perspective, obstructing our ability to fully evaluate new information or to adapt well to life’s changing circumstances. What we think we know may keep us from grasping new things we need to understand. Zen masters of old likened our capacity to understand to a water bowl: its purpose may be to hold water, but it is only useful to the extent that it is empty. Here’s a real-life example of this metaphor…

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