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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Published in June 23rd, 2011
BarroMetrics Views: Bernanke’s Press Conference June 21
A reader wrote in with this summary of the press conference. I have not credited him because he had previously explained that he wishes to remain anonymous.
No new QE’s. He defended the prior one based on averting deflation threat, and a claim for ameliorating employment (purely statistical, […]
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Published in June 22nd, 2011
BarrosMetrics Views: Quant Studies
I subscribe to two excellent publications that provide quant studies:
Quantifiable Edges (Rob Hanna) and
Sentiment Trader (Jason Gopfert)
Now I don’t trade off quant studies; my personality is such that I am unwilling to trade a pattern just because a computer has found a pattern. But that doesn’t mean that I ignore excellent work.I […]
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Published in June 7th, 2011
BarroMetrics Views: A Gold Story
A long time ago, in a a time and place far, far away…there was a trader called Ray. He had sold his legal practice thinking to find fame and fortune in the markets. But instead, all he found was heartache and losses. For four years all he knew was losses, month […]
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Published in May 28th, 2011
BarroMetrics Views: Traders and Errors
I was having lunch the other day with a friend and budding trader. During the course of the meal he said: “It’s OK for you, you don’t make mistakes!”
Ah, if only that were true!
Only a few days ago I made a beauty: I put on a position with an extra ‘0′ […]
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Published in May 26th, 2011
Tonight I received a call from Nial Fuller. He was looking to see if we could resolve our differences.
I told him it was easy - what I objected to was the misleading editing of my comments. (For a background to the issue see “92% Traders Lose Money“). He offered to let me write a new […]
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Published in May 17th, 2011
BarroMetrics Views: The Habit of Process (In Attaining Your Trading Dreams)
Last night, probably for the last time (at least for the next 3 or so months), I met with some members of the March 2011 class. I started the session with an observation that
‘Process’ is important in our quest to attain our trading dreams and
We […]
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Published in May 15th, 2011
Cross ref
http://anatrader.com/?p=761
Last weekend I was at ATIC convention at Marina Bay Sands and this Saturday was at Suntec City Convention Centre with CityIndex. As usual, as Hononary Marketing Director for BarroMetrics, I like to take video clips to register what the speakers share with the audience.
It is not easy to get Singaporeans […]
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Published in May 14th, 2011
BarroMetrics Views: City Index Presentation
I just completed a presentation at the invitation of City Index. Kellie Ashton and Eva Diaz, did a wonderful job putting the event together.
It’s difficult to tell whether the audience enjoyed the show. I think they did - I certainly did! I reiterated my theme:
We are repeating 1966 to 1982 […]
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Published in May 13th, 2011
BarroMetrics Views: 92% Traders Lose Money
I like Nial Fuller’s blog, he writeS some insightful articles. But in his most recent “What are Your Chances of Success as a Forex Trader?”, he starts with a comment that is not entirely correct:
“Most traders have heard or read that 95% of people who try their hand in the […]
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