Heather Cullen
Riding the Bull. Readers are getting twitchy. ‘Shouldn’t we get out now? We’ve made profits, wouldn’t it be wise to quit when we are ahead?’ I’m getting lots of messages along these lines. ‘Take the money and run’ sounds like wise advice – but is it? Loss Aversion Traders tend to realize gains too …
Black Swans & Long Tails. Black swan events are unpredictable and high-impact events that disrupt financial markets – like the GFC and Covid. Black swan trading involves preparing for and capitalizing on these events. You may remember the film ‘The Big Short’ where betting against the housing bubble of 2007-8 led to immense profits. Tail …
Are We There Yet? Identifying the top of the market is very easy in hindsight. It always seems so obvious, and everyone is an expert after the fact. But it’s not quite so obvious when you are hard up against the right hand side of the chart! I thought it would be good to look …
Financial Advisors. OK, maybe I’ve got it in for financial advisors. I am not one myself, and have never been interested in being one. But I am aware of the draconian penalties if you give financial advice without having the qualifications, which is why I have disclaimers everywhere. Conventional ‘wisdom’ I am continually astounded at …
The information on this website is general information only. The author is not a financial adviser. Information should not be taken as constituting professional advice. The author is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided on this website or other related published material.
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Happy trading!
