Forex Trading Strategies: Money Management

How can you be profitable in forex trading? Look at this table and study it well — it could change your trading forever! In it, you have profits and losses in pips for various combinations of TP:SL (take profit target and stop loss distance, in pips) for…

The 3 Reasons Why Japan is the Next Global Meltdown

Is That all There Is?

Modern life is insane. For those lucky enough to have a normal childhood with loving parents in a safe country, life is quite good for a good while, because it is carefree, especially from zero to 6. After 6, life gradually takes a few twists that often bring us to wondering “why”… We are…

Forex Trading

Many people ask me about trading currencies, forex trading, and forex trading strategies. They hear all kinds of rumours and they have…

US Recession Risk 2017–2018

Very Low. This does not mean it will not happen, of course. I don’t have a magical crystal ball and nobody…

Economics for Startup Entrepreneurs

You have ideas for a startup? Economics is not just academic stuff that is useful for hedge funds, banks, and governments, it has very down-to-earth lessons to give you that you may want to keep in mind as you think about your startup. Here are the things to keep in…

Resilience: Fully Embrace Your Past to Be Free

A lot has been said about resilience and how some people can get over traumatic events more easily than others. In short, resilience is the capacity to become stronger and recover quickly after difficult times and events. For me, resilience is the…

4 Steps to Finding Your Winning Startup Idea

There are different types of entrepreneurs, those who started a business by “accident” because whatever they were making for themselves or their family was needed by others too, or even those who developed some skill on their job and ended up creating…

Launching Your Own Startup: Effective Method for Ideas Validation

How Much Debt is Too Much Debt?

There is a lot of confusion as to what « money » really is, how it is created, and how economies end up…