The problem with manual trading is that we see patterns where they don’t exist. It’s like staring at the clouds. — Jon Kafton
Everyone loves citing Warren Buffett (me too). He, of course, has a lot to offer for business…
For years I am amazed how many people, even quants and academia, use adjusted prices for their strategies signals…
Guess what, after reading numerous books about economics I understood that majority of economists know nothing, usually represented by their scientifically unfounded, even religious ideologically…
Gambler’s fallacy, or Monte Carlo fallacy, is, simply put, a belief that your chances of profit are increasing after series of…