The Greed Index
| The VIX’s Missing Twin | The Greed Index? OK, that was just a joke. There isn’t one – or at least, there is no widely recognised market equivalent to the VIX devoted specifically to greed. The VIX is routinely called Wall Street’s Fear Index. Yet fear and greed are supposed to be the two […]
Darvas Boxes
What’s a Darvas Box? I have had a few queries about Darvas boxes and since I didn’t mention them in my books, I probably should explain what they are and how they are used. Firstly, let’s look at Nicholas Darvas and how he ‘invented’ them. It’s a fascinating story. Who was Nicholas Darvas? Nicolas Darvas […]
Trading & Emotions
Trading and Emotions. Last week was a bit of a roller coaster – well, to be precise, last Thursday was. A sudden drop that took your breath away, even when you were expecting it. Trading and Emotions. I knew before the market opened that it was going to be bad, so I mentally prepared by […]
Volatility
Volatility Anyone? Friday was a fun day. Not. My last day in Greece, and just before I left the hotel to go to dinner, I checked one of my accounts: up $48k for the day. Nice! I decided to treat myself to a negroni before dinner. Later, after dinner, I decided to check the account […]