What's New

I am continually adding new material to the website. All additions to both the free website and the members' website will remain on this page in chronological order.

Links found below to pages on the members' website are effective only if you have first logged in as a member.

16 July 2018 This month I have uploaded a new article to the Educational Articles page:

Probability and Misleading Cues - Discusses why it is best to stick with the odds

Book Sale
I sell four books off my website - two by myself and two by Michael Kemp. I have reduced their prices to match Amazon which means selling at close to my cost. When my stocks are sold I plan to stop selling books. Please consider taking advantage of this opportunity while stocks last.

8 July 2018 This month I have uploaded a new article to the Educational Articles page:

Contrary Thinking - Why Sceptics Win - Discusses one of the oldest and most powerful ideas about how we should think as investors

Book Sale
I sell four books off my website - two by myself and two by Michael Kemp. I have reduced their prices to match Amazon which means selling at close to my cost. When my stocks are sold I plan to stop selling books. Please consider taking advantage of this opportunity while stocks last.

15 June 2018 This month I have uploaded two articles to the Educational Articles page:

Availability Traps in Investing
Discusses one of the most common traps - how not seeing the full picture leads to mistakes

Creating an Investment Plan
Discusses what should be in an investment plan and why

Book Sale
I sell four books off my website - two by myself and two by Michael Kemp. I have reduced their prices to match Amazon which means selling at close to my cost. When my stocks are sold I plan to stop selling books. Please consider taking advantage of this opportunity while stocks last.

22 May 2018 This month I have uploaded for you two new articles to the Educational Articles page on the Free Resources menu:

Taking a Loss - Why it is Difficult - Discusses the most common fault in investing: the sunk cost bias.

Anchors - Don't be Caught by one - Discusses the way we can be fooled by anchoring.

Articles are listed on the page by default in alphabetical order by title, but this may now be changed to order of posting so that the most recent are at the top using the switch at the top of the list. I thank the member who made this suggestion.

17 April 2018 This month I have uploaded for you two new articles to the Educational Articles page on the Free Resources menu, with similar titles - one about decision-making in general and the other about investment decisions:

Improve Your Decision-Making Skills - Describes the ideal way to make decisions and then what should be done in the real world. Read this one first.

Improve Your Investment Decisions - Describes ways to think that lead to better investment decision-making.

Articles are listed on the page in alphabetical order by title.

24 February 2018 You can be free. You can live and work anywhere in the world. You can be independent from routine and not answer to anybody. This is the life of a professional trader.

Many aspire to it, but few succeed. An amateur looks at a quote screen and sees millions of dollars sparkle in his face. He reaches for the money - and loses. He reaches again - and loses more. Traders lose because the game is hard, or out of ignorance, or from lack of discipline.

If this is you, then it is because you need someone to teach you how to trade successfully. It is far more demanding in time and effort than investing, which is my pursuit of superior returns. So, you might be wondering why I am telling you that Dr Alexander Elder is about to offer the opportunity to attend one of his famous Traders Camps. The next one is close to us in Macau. I have attended this camp twice and while I gave some presentations too, I learned a lot from Dr Elder that can also be used in investing, which like trading, is about not losing money. If you are interested, here are the details:

http://www.elder.com/traders-camps-and-classes/welcome/

I will not be there this time, because Dr Elder now teaches full-time at the camp. However, I cannot recommend it more highly. In my opinion, Alex is the best teacher of trading in the world. And he tells you everything - there are no hidden secrets.

Special Offer: If any of your clients mention they’re coming from you, we will give them a free pre-Camp day (listed at $390 per person or $450 per couple). - Alexander Elder

The first two paragraphs in italics are from the Introduction to Dr Elder's book The New Trading for a Living.

Yes, this is an advertisement of an opportunity. I do not usually advertise anything in these emails, so this is a single exception because I feel there are traders on my mailing list who can benefit from the camp. If you are not a trader, just delete the email and be sure it is a one-off.

6 February 2018 This month I have uploaded two new educational articles for you:

My new article has been uploaded to the the Educational Articles page on the Free Resources menu: Charting a Course to Sell Shares. This article shows how to use the concept of trend to take profits and cut losses. It is very relevant to the current markets.

Michael Kemp's new article has been uploaded to the Michael Kemp Articles page on the Free Resources menu: Five Great Share Market Books. This article introduces five books full of easy to understand investment wisdom.

Articles are listed on the pages in alphabetical order by title.