生意 The Business of A Meaningful Life

Less Risks, More Profits? Love Stress! (Oct 2015)

Nervy Third Quarter The last quarter (June – Sep 2015) was a tragic tale with many acts. Some US$11 trillion was wiped out as stock markets were brutalized across Asia, Europe and US. Commodities accentuated their downward spirals, and funds continued their flight from emerging promised lands, (nearly US$1 trillion drained away over 13 months till July, much of it […]

Edge, Not Direction Is The Basis For Strategy

Oft times I am asked where a particular currency is headed. My usual answer – I am a short term trader and have little grasp on forecasting currency direction. Some are smarter and ask whether they should buy or sell a particular currency. My reply – both are acceptable, insofar as they have identified a buy edge or sell edge […]

Many Markets Many Opportunities

Should we trade just one or many markets? The more able and ambitious the trader, the more markets he can trade to maximize his returns whilst minimizing risks. Let’s get this out of the way – this is NOT a version of portfolio theory for maximizing returns through effective differentiation. Elegant as the mathematics may be, the Nobel laureate himself […]

Risk More, Earn More

“Have you increased your trade size?” – A friend asked me point blank. We have not met for several months, and he stuffed this in my face. What happened to “you look great?” What a ___? (I know you are reading this.) I fumbled “yeah, of course I have, well … ” and whatever soundbites I could piece together as […]