Midweek reading and links

…the words “leverage” and “derivative” have become so mushy and ill-used that they have lost almost all meaning except as a weapon, as a tool to cast doubt on someone’s motives, competency, and ethics… (Salient)

Be careful of extrapolating to the future (Market Anthropology)

I’d be careful of paying too much attention to all the little jitters and turns on this chart, but the message, that the last half of Sept / beginning of October have historically been a bit rough, is valid. Of course, past performance is no guarantee… (The Reformed Broker)

A little less market-related:

If you’re busy, you’re probably doing it wrong. (Cal Newport)

Here’s what happened when I followed my own productivity advice for a week (Lifehacker)

AdamHGrimes

Adam Grimes has over two decades of experience in the industry as a trader, analyst and system developer. The author of a best-selling trading book, he has traded for his own account, for a top prop firm, and spent several years at the New York Mercantile Exchange. He focuses on the intersection of quantitative analysis and discretionary trading, and has a talent for teaching and helping traders find their own way in the market.