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
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
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