Should you listen to the news in the market?

Should you listen to the news in the market to decide what to do? Social media, TV, Internet… we are surrounded by so-called experts telling us what is going to happen next. The question is, is there any benefit in listening to them? Or should you be better off...

The price of financial education

What is the price of financial education? Imagine this situation. You are 70 years old and you have invested all your savings in a bond of a company because your financial advisors said it was safe. You believe you are close to your objective of retiring comfortably...

When things go wrong

Here is the one million question: what to do when you are losing money in the market? Sooner or later, it will happen. So it is better to think about it in advance to avoid pain in the future. If you are trading, you should have your stop-loss in place. Hence, in this...

Those who can’t do, teach…

Financial education is a complex topic. No, I am not speaking of a degree in finance or a related field from a University. Rather, I want to focus on the vast amount of educators, trainers, gurus… that are out there to sell you the courses you need to succeed....

The risks of using ETFs for long term investing

An ETF (Exchange Traded Fund) can be a great investment option because it allows diversification even with a small capital. Consider for example the SPY, an ETF tracking the S&P500 index. Since you cannot invest directly in an index, how can you replicate the...

What goes up…

What goes up… must come down. All of us have experienced that, it is called gravity. When you throw a ball in the air, you expect it to come down. The same principle applies to the market, but we tend to forget it.I have posted a few articles on how our mind and...

Representativeness

Representativeness is another cognitive error that can impair your decision making. Simply stated, it is when you classify new information based on past categories and you misestimate probabilities. Does it sound complicated? Let me better explain with an example, the...

Japanese Candlesticks

Japanese candlesticks were introduced by the Japanese for rice trading. Today, they are often used for visualizing the price of an asset. The reason is that they provide in an intuitive way information like the low, open, close, and high price.As prices represent the...

Lettura veloce

C’e’ sempre meno tempo disponibile, e le conoscenze da acquisire per stare al passo sono sempre di piu’. Ecco quindi perche’ imparare tecniche di lettura veloce diventa indispensabile.Infatti, se riesci a ridurre il tempo che impieghi per...