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Great Lessons from Wall Street Legends
Over the past decade, I have studied many of the legends of Wall Street and have noticed several overlapping similarities in their thinking. The following list outlines critical components that many of the best investors/traders share, regardless of their investment style or background
Focus on Probabilities, Not Possibilities
The Great Disconnect: Wall Street vs. Main Street The S&P 500 hit a new all-time high this week and topped the psychologically important 2,000 level for the first time ever. The S&P 500 is up approximately 8% for the year, after rallying a very impressive +29% in 2013! If you lived on another planet and…
A Brief History of The Global Economy
LIKE THIS? JOIN OUR FREE NEWSLETTER Has copper lost its importance? The basic premise is that for the past few years, copper and other industrial metals, no longer play a critical role for global economic growth. Don’t take my word for it; the proof is in the charts. Since 2011, copper prices have been…
Do Not Think
You cannot expect to do well in the market if you look at investing in a normal way. By definition, being average is doing what most other people do and since investing is largely a psychological game, doing what other people do is only natural. Average results come from normal people acting in normal ways….
7 Ways to Take Emotion Out of Trading
I think that many traders have a hard time believing that they can make money by buying a stock and waiting. Most of us are not taught to make our money work for us but instead that we must work for our money. Go to a job, put in the time and you get a…
Nicolas Darvas: Lessons From A Trading Legend
Lesson 4: Be Flexible
Some of our closest friends and readers are“pure” fundamentalists. We can talk for endless hours (perhaps weeks) with little avail to convince them otherwise. We also have friends/readers that invest strictly on the underlying technicals and the same is true for them. Here, at Sarhan Capital, we infuse the most pertinent fundamental and technical analysis and have realized that this formula best matches our personality/trading habits. Asking which is “correct” or “incorrect” is a futile exercise since there are an infinite amount of “correct” and “incorrect” ways to invest and trade capital markets. The key is find the “best strategy” that fits your personality and trading habits and make it work for you.
