When I (Pat) started out as a trader in 1997, it was in the trading pits—first at the Minneapolis Grain Exchange, and then the Chicago Board of Trade. In order to trade, my physical presence … read more Trade From Anywhere
Last week, we posted part one of Keith Weiner’s report on why he believes the LONG-term trend of falling interest rates has not changed. Here is part two of his well written report. The Demand … read more The Great Experiment Part 3—The Case for Lower Rates
Interest rates are rising. Will they continue? In our first In-Depth series on the subject, we discussed how falling rates fleeced the elderly of their retirement. On a long-term chart, there is no doubt that rates … read more The Great Experiment Part 2—The Case for Lower Rates
Economics is a funny thing—you can fill a room with economists and ask a seemingly elementary question like, “Define inflation for me,” and you’ll find there is no clear answer. One may talk in terms … read more The Great Experiment Part 1—Falling Interest Rates and the Fleeced Retiree
Pat’s 1966 Airstream at the Sayulita campground, fifty feet from the beach. Sometimes working inside our tiny homes just isn’t conducive to productivity. Fortunately, there are often good alternatives. For two months I worked from … read more Alternative Work Space
Most inexperienced traders believe the key to successful trading lies in having superior predictive abilities. They think the pros must simply be better at picking the winners, and associate correct predictions with brilliance. However, successful … read more Trading for Success the Galton Board Way
Can you really make money in the stock market? After all, don’t the professional traders have the edge? Well, yeah, they have a lot of advantages you or I don’t have, but we, as private … read more The Private Trader’s Edge
The concept of Risk Management is one of our core concepts here at Wanderer Financial. Why? Because properly managing risk is the single biggest factor in determining whether or not a trader will make money … read more The Importance of Managing Risk
Cycles—The Rhythm of the Market There is an adage in the stock market that says, “Sell in May, and go away.” There also is the January effect, the Halloween indicator, and several other well worn … read more How to Trade Cycles
Pat and Ali are the real deal. We’ve met them three times now, and each time they simply opened up their lives and accepted us for who we were. There are no pretenses, no discomfort, … read more My Visit with the Bumfuzzles