Published in October 28th, 2011
Cross ref:
http://anatrader.com/?p=1463Cashflow with Ray Barros
BoJ Intervention Unsustainable
Fri. Oct. 28 2011 | 10:40 AM[04:07]
Paul Mackel, head of Asia currency research at HSBC, thinks that dollar yen will still move lower even if Bank of Japan intervenes.
NYMEX, Brent Prices to Follow Sentiments in […]
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Published in October 27th, 2011
BarroMetrics Views: S&P: At the Cusp
One of the better books on the subject - Michael Lewis’ ‘The Big Short’ (an examination of the Sub-prime 2007 crisis, and who won and lost) - demonstrates the fallacy of the economic notion of the ‘rational man’.
What the story shows that a few saw the dangers of the sub-prime […]
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Published in October 26th, 2011
BarroMetrics Views: EuroZone Crisis
“Europe will act in concert to prevent another Leman’s” - that was the hope and that hope has proven to be unfounded.
Two problems remain:
How (and whether) the European Financial Stability Facility can be scaled up to 440B - the amount needed for the bailout fund; and
The level of haircut the Greek bankers […]
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Published in October 20th, 2011
BarroMetrics Views: 10Xers
In ‘Great By Choice’, Jim Collins identifies ‘10Xers’ i.e. entrepreneurs who built “enterprises that beat their industry’s averages by at least 10 times”. He found that 10Xers shared certain characteristics. While I have not done formal research, based on my experience, I’d say the same qualities would be found among ’super traders’. Any […]
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Published in October 18th, 2011
BarrosMetrics Views: Temple Grandin
Temple Grandin is autistic. This has not prevented her from achieving a highly successful life - see http://en.wikipedia.org/wiki/Temple_Grandin
So how did she achieve so much? In her own words:
I no longer use actual physical doors or gates to symbolize each transition in my life. When I reread years of diary entries while […]
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Published in October 17th, 2011
BarroMetrics Views: CANI
In Awaken The Giant, Anthony Robbins coined the word: “CANI” - constant and never ending improvement.
I received a couple of e-mails that prompted me to revisit the idea. I said I’d answer the e-mails on my blog.
The thrust of the e-mails were twofold:
If your methods make money, why are you teaching them
Since you […]
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Published in October 14th, 2011
BarroMetrics Views: Integrity
My view: integrity is an essential value for a successful trader. For me, ‘integrity’ has 3 meanings (in order of importance):
Walk your talk
Keep your word to others and
Keep your word to yourself.
For us traders, following our plan is the word we must keep to ourselves.
In yesterday’s trading, I had another (costly) opportunity to […]
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Published in October 13th, 2011
Last night at the live trading session for Barros Swings students, a surprise advance celebration took place. At lunchtime, Mic hosted a celebration at Shangri-la. Today is a small private celebration.
http://youtu.be/04854XqcfCY
We are the Champions!
Refer this blog post to a friend or colleague…
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Published in October 12th, 2011
BarroMetrics Views: Pattern and Reasons
In the early years, as I struggled to make my mark as a trader, I made certain choices that landed me in front of Dr George Lianos, a consultant psychiatrist-psychotherapist in private practice in Sydney, Australia. I learned much in my ten or so years with George. One idea I found […]
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Published in October 10th, 2011
BarroMetrics Views: Flexibility III
First off, an apology to all my readers for the break in posting. There is a particularly virulent flu in Singapore at the moment, and I am catching my fair share (twice in about 8 weeks). I seem to have gotten over the worst of it. Hopefully all will be well from […]
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