The Ingredients Necessary for Trading Success
Amnon Bar-Lev, president of Check Point Software, talking about the cyber hacking activities.
Note: The player for this video requires java. Don’t know why Bloomberg chooses to do something like this.
The bottom line:
1. Protect your computers and your data wisely
2. Do not believe your data on the cloud will be safe at all
[DTBpromo]
Ms. Rashcke’s 2 hour presentation of her trading style with question and answer period at the end of the presentation.
Several key things to take home from her presentation:
1. You cannot just watch a presentation and assume that you have learned the method,
"You have to make it your own."
2. Working out the statistics of a method yourself is important because that makes you understand the intricate details when the method works and when it doesn’t
3. On switching strategy based on different trading environments
There is no such thing as a universal method to be applied to all market conditions.
You have to be flexible like Ms. Raschke or stay out of the market environment where your mindset and method do not work well.
What Ms. Raschke says in the presentation is not something new. It is pretty much the same presentation she has done at major trading conferences and various exchanges for many years. If you are a newcomer in trading, it is a great introduction with many good ideas and tips to take home.
[DTBpromo]
Must read for those who are interested in understanding market crashes and macro trading. Not as useful for those whose trading or investing time horizon within a week or so. Overall a good book to keep as a reference.
Manias, Panics and Crashes: A History of Financial Crises
Written by Charles P. Kindleberger and Robert Z. Aliber
| Useful | |
| Original | |
| Readable | |
|
Average
|
|
