Published in September 1st, 2011
BarroMetrics Views: Success and The Trader III
“Know when to hold ‘em, know when to fold ‘em,
Know when to walk away, and know when to run.” (The Gambler, Kenny Rodgers)
Learning this was one of the most difficult lessons I had to learn. Only know with the discoveries in neurology do I understand why. Our subconscious mind […]
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Published in August 31st, 2011
BarroMetrics Views: Success and The Trader II
If I were forced to come up with an answer to the question: “what are the main distinctions between a professional and retail trader?”, I’d say:
The professional is willing to accept uncertainty with all the discomfort that this brings and
The professional knows when ‘to hold them and when to […]
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Published in August 30th, 2011
BarroMetrics Views: Success and The Trader
Last week, we completed the final Habits of Success for 2011.
In some ways, I considered it a huge success. We saw some very determined attendees who put in an incredible amount of work - and judging from the ‘final test’, reaped the rewards.
In other ways, this HOS had some notable […]
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Published in August 18th, 2011
BarroMetrics Views: I Back!
It’s been a tough month or so.
Mom suffered a series of heart attacks and was not expected to survive. This meant I had to fly to Sydney in the middle of my live-sessions for the Habits of Success seminar. Luckily Cheryl Ho stepped up to more than ably fill the gap. Thanks […]
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Published in August 13th, 2011
Relaxing at VIP lounge at InvestFair
http://youtu.be/tu5KB-bRzNw
Opening address
http://youtu.be/87p3ATFtzNI
SP v USD v Gold
http://youtu.be/B-YR3xgxirw
Idkit
Ag Moderator
Refer this blog post to a friend or colleague…
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Published in July 15th, 2011
BarroMetrics Views: The ANTS Philosophy
Jim Rohn recently wrote about the ANTS Philosophy. The tenets
Ants Never Quit
Ants Think Winter All Summer. Ants gather food in the middle of Summer for Winter
Ants Think Summer All Winter. Ants think: “This won’t last long - we’ll soon be out of here”
Ants will gather as much as they can during […]
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Published in July 11th, 2011
BarroMetrics Views: Context and Trading
I received a couple of e-mails that made a valid point about the different results I was seeing in the quant studies by Sentiment Trader and Quantifiable Edges on the one hand, and Market History on the other. Since both subscribed to the three publications, they were in a better position […]
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Published in July 7th, 2011
BarroMetrics Views: Quant Studies
As a visual, discretionary trader, quant studies are not my forte. But that doesn’t mean I can’t outsource the expertise. I have found Rob Hanna’s Quantifiable Edges to be by far the best (at least so far as I am concerned). His blog is well worth reading. (My link will take you […]
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Published in June 28th, 2011
BarroMetrics Views: A Plan for Success
In a very interesting article, Jeff Tucker has this to say about McDonald’s current success: “…It is an old recipe: watch the markets, emulate the successful, adapt and change….”
These are words a budding trader ought to remember.
Most newbies want instant success - we only have to see the countless ads […]
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Published in June 24th, 2011
BarroMetrics Views: The Fall of the American Empire
This I saw yesterday
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From Dow Jones Wires:
WASHINGTON -(Dow Jones)- Lawmakers are considering changing how the Consumer Price Index is calculated, a move that could save perhaps $220 billion and represent significant progress in the ongoing federal debt ceiling and deficit reduction talks.
According to congressional aides familiar with the discussions, […]
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