The Key To Success Online


wealthymatters

Train Yourself To Look At The Dark Side


wealthymatters“Recognising a problem is an invitation to do something about it. That is the main lesson I learned from the formative experience of my life, in 1944, when the Nazis occupied Hungary. I might not have survived if my father hadn’t secured false identification papers for his family (and many others). He taught me that it’s much better to face harsh reality than to close your eyes to it. Once you are aware of the dangers, your chances of survival are much better if you take some risks than if you meekly follow the crowd. That is why I trained myself to look at the dark side. It has served me well in the financial markets and it is guiding me now in my political philanthropy. As long as I can find a winning strategy, however tenuous, I don’t give up. In danger lies opportunity. It’s always darkest before dawn. ” – George Soros

Strategy For The Rest


Warren Buffett

Look For Judgement


wealthymattersAbout a week back I was pitched an algo trading scheme that was offering a mostly 12%+ return monthly. There were the past performance figures, with even the odd slip-up.

At the point I was put off by the fact that a bot would have access to by trading account. It seemed a risk not worth taking.

Moreover, I had not the experience to know what are normal returns from futures trading.

On Saturday last, I had lunch with a friend who owns a stock broking firm. And he was willing to offer a guaranteed 20% return per year only. Anything more in his opinion would be undoable/too risky and likely to bankrupt any broking company.However his was manual trading, not algorithmic trading. Read more of this post

Listen To Unhappy Customers


Unhappy Customers