David Einhorn is a well-known US investor. Who is he? How does David Einhorn invest? Does he have any particular investment strategy or philosophy? These are some of the answers we answer in this article. At the end of the article, we have collected many quotes taken from his books and writings (quarterly letters). Einhorn…
How I made $2,000,000 In The Stock Market by Nicolas Darvas was one of the first trading books I ever bought back in April 1999. It’s a classic, especially the Box Thory, and it’s about Darvas’ trading and investing back in the 1950s and 60s. What is Nicolas Darvas Box Theory? But don’t let the…
How I Trade For A Living by Gary Smith was (and still is) a popular trading book. We bought the book just days after it was published in 1999, in the midst of the dot com frenzy, and we have reread it at least a couple of times. We regard How I Trade For A…
George Soros’ approach to trading is as a short-term speculator, making highly leveraged bets on the direction of the financial markets based on market and macroeconomic analysis. In other words, Soros bets on the long or short direction of any market by studying the market movements, what other market participants are doing, and the actions…
How to overcome fear of loss in trading is for many a huge obstacle that is hard to overcome. Fear in moderate doses is healthy, but it might also limit your trading if fear overtakes control of your decisions. Fear is good if it makes you avoid the risk of ruin, but if you have…
I was recommended by my partner Hakan to read Pit Bull by Marty Schwartz when we were on a two-month proprietary trading course in Phoenix, Arizona, back in 2003. Pit Bull is entertaining, a relatively quick read, and perfect for a holiday or evening read. It is foremost a personal autobiography about what makes Schwartz…
We have compiled a list of the 50 best trading quotes to help you get started or help you get motivated. Perhaps better, we have a pretty comprehensive article list of the many famous traders and investors. They are a great resource for motivation! Famous traders and investors: Trading Literature (Books) with trading strategies:
In 2009 Atul Gawande, a professor of surgery, published a book called The Checklist Manifesto – How To Get Things Right. The book is a good read and is relevant for most professions, not to mention what we do in our private lives. Why? Because in a complicated world, it’s easy to make mistakes by…
In life, one of the best ways to master any skill or succeed in a profession is to learn from those who have already succeeded in that profession. This also applies in trading. To become a successful trader, you need to learn from the experiences of those who have mastered the game. Interestingly, those legendary…
In the stock market, and especially in trading, it’s easy to fool yourself. The famous scientist Richard Feynman once said that the first principle is that you must not fool yourself and you are the easiest person to fool. Trading involves decision-making all day long, and decision-making ends with a good or bad outcome. Unfortunately,…
