web analytics

Trading is Hard

Trading is ugly. Many of us, when we first get into the business, have the idea that the market will eventually be an ATM machine—you can sit down at the screen, do some things, and money will come flowing out. In the very long run… yeah, it sorta works like that....

Use your failure

I’ve been thinking a lot about failure recently, and I wanted to share a few of those thoughts with you today. It’s a little glib to simply say “failure isn’t bad” and “don’t be afraid of failure.” Failure is no fun, and, in some pursuits (skydiving?) failure can have...