A Week In Switzerland
Diminishing returns, also called the law of diminishing returns, describes the phenomenon when increasing production or an increase in effort results in progressively smaller, i.e. diminishing, increases in output or results.
All Posts by Mike
The Worst Market For Retail Traders
It has become my sincere belief that the worst market environment for retail traders in fact are low volatility bull markets. Yes you read that right: NOT high volatility bear or endless sideways markets – it’s low volatility bull markets that wears the most on them.
Avoiding Momentum Crashes
I’m well known for my ability to take a punch from the markets… but I gotta say… boy oh boy, the last few months of crypto trading have left a few marks. And it’s not that I haven’t been through the wringer many ties before, so I sort of knew what to expect. But it sucked big time, not gonna lie.
When The Dam Breaks
A dam breach is considered a catastrophic event and when one occurs in this day and age you rarely ever hear the end of it. Everyone’s focus is suddenly on the underlying reason for the dam’s failure and of course who or what is responsible.
Altcoin Season – We Are Back Baby!
A few action items came up over the weekend and rather than writing a longwinded post I decided to put together a video for your erudition. Since I have a face for radio I never really enjoyed filming myself but I think I’m slowly getting the hang of it.
Bitcoin Touches $44k And We Are Off To The Races!
When analyzing a market the most important consideration is whether you are looking at a trend (up/down) or a trading range.
Winning The Race
Who wins a race? Not a fair race though, rather an anything-goes if you ain’t cheating you ain’t trying hard enough kind of race. Probably the guy who leaps first, all else being equal, right? So you get advanced warning on who the BIG winners are going to be because they take off early and they are relentless in fighting for the win.
How To Draw Trendlines Like Bob Ross
Look it’s not your fault but you are doing it all wrong. Don’t feel bad, it’s simply that nobody ever taught you how to do it the right way. No I’m NOT talking about that thing your spouse complained about the other day – your secret is safe with me. I’m talking about trendlines and specifically the right way to draw them. And how to profit in the process of course!
Why Statistics Matter Especially In August
August carries a bad but undeserved reputation as the month when bad things happen to good people as well as a few not so good professional traders. I’ve come here to dispel that entire notion as August’s bad rep is entirely based on a few outliers which happen to stick out like a fistful of sore thumbs. Naturally that’s what everyone is focused on whilst completely dismissing the entire rest of the dataset.
Treading Water
Sometimes trading opportunities stare you right in the face but most traders are either unable or unwilling to see them. A lot of that has to do with what many refer to as one’s personal ‘lens’. But honestly the reality is that many traders have a tendency to stick with what they already know and the way they do it, even if that has been proven to not yield positive results on a long term basis.