Category Archives: Risk Management
The difference between the old alchemists and the modern financial alchemists is that actions of the latter group endanger the stability of an already fragile financial system.
Chasing bubbles during the last stages of their formation results in a much lower return to risk ratio as it is shown below with examples from bitcoin and Amazon stock.
Cryptocurrencies, ICOs and related derivatives are a potential dot com to the power of n bubble. The risk of economic collapse due to this market is real but underestimated.
Traders fail for many reasons but a common one is that they listen to failed traders. Below are some common traits of successful and failed traders.
Some traders and investors complain in social media that the game is rigged. This is true but it can work to their advantage.