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Two weeks ago I spoke about some short-term ensuing weakness. And we sure are experiencing it right now.
A number of readers have asked that I write about discipline and the psychology of trading.
Year-end for Fund Managers is nigh – and for all of us really. Although many retail investors rarely carry out much “spring cleaning”.
The words of the Kenny Rogers’ ballad, in so many ways summarises for me what trading is about… “You got to know when to hold''em, know when to fold em, know when to walk away, know when to run".
The Australian share market has risen almost 15% since its low of 2666 (XAO) on March 13 this year. Some very honest people have said to me their portfolio has not risen anywhere near this extent. How come?