To adapt a quote from the great Yogi Berra, “trading is 90% mental, the other 50% is physical.” Huh? Simply, mastering the psychological aspects of trading is vastly more important than the physical act of charting and executing trades. The most difficult part of dealing with the markets on a daily basis is controlling the mind as opposed to controlling trades (which we have no influence over). Therefore, I’d like to explore the four quadrants that make up a trader’s psychology. (more…)
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Elon Musk Doesn’t Care What You Think
Although the headline might conjure up the impression of someone “not caring” in an elitist sense. It’s not the case at all.
What I do want to express is this; Mr. Musk doesn’t care that nearly everyone thinks or thought he couldn’t do, or get done, the things he has. By his own actions and track record he has proven the only thing that matters is whether he thinks it can be done. And that my friends is a point far too many miss. More people place too much time and energy on what they believe can’t be done. Which in turn produces that exact result. (more…)
The Slow Moderns
I read with interest an article this morning stating that there is compelling evidence Victorian-era people were substantially more intelligent and quick-witted than present-day humans. (more…)
Bully For You
For those of you weekday-only Slopers, you might have missed my long, epic post from Saturday, but I encourage you to read it. Here is the trailer of the film I referenced in the post.
Behind The Lull Of Sleep
It would be hard for anyone within the financial markets not to be ecstatic with the news of the day. Yes, ladies and gentlemen the financial markets hit an all time – never before seen in human history level. Both the S&P 500™ as well as the Dow Jones Industrial Average™ broke over and above 1,600, and 15,000 respectively. The market mavens across the television screens jumped for joy however, it seems everyone else just yawned. Why? (more…)
