If we have decied that our banks are too large to fail, then how about the following idea? 1. When an individual and a bank agree on a loan, its based on a shared estimate of the value of the home. 2. When a bank decides to underwrote a speculation then both the individual and […]
Tag: risk
Reflections on risk management in organizations
Book review notes from “Surviving and thriving in uncertainty: Creating the risk intelligent enterprise” by Frederick Funston and Steven Wagner. Funston, F., & Wagner, S. (2010). Surviving and thriving in uncertainty: creating the risk intelligent enterprise. Jphn Wiley & Sons, Hoboken, NJ. I was led to this book during our environmental scanning for higher education. […]
Reflections on leadership and risk management
Image via Wikipedia Carol: as you develop experience with working for new and different bosses, you find yourself with a standard strategy of how to size them up and find out what makes them tick so that you can work with them and for them? Do you find yourself spending more or less time with […]
Leadership: Believing in others as a way of life
Leadership as a belief in others there are two models of leadership that I am directly familiar with. The first is the leadership quality model which treats leadership as a quality manifested by the leader, often composed of subordinate virtues like honesty, loyalty, competence, empathy. In this sense leadership could be considered a state of […]
Profitable ETF Trading Strategies: Respect Volatility, use its power for good
At the most fundamental level, volatility is the fluctuation in the price of an asset. The greter the price swings in the shorter periods of time, the greater the volatility. Periods of great volatility are like thunderstorms. They get your attention. Volatility is an absolute requirement for a trader to make money. Most investors look […]
Profitable ETF Trading Strategies: Good traders know and exploit their edge
As an individual trader, you must be absolutely clear about where your edge is in the market place so that you can ensure your trading strategies are designed to put you into positions where your edge can make the difference against the average market return. Let’s be clear too: your edge must give you a […]
Profitable ETF Trading Strategies: Stalking your way to success
One of the more neglected topics in trading systems development is the concept of stalking. Traders, particularly early in their career will tend to spend lot of time, if not ll of their time, focusing on the entry, reasoning that if they can get that part right they will have some control over the market’s […]
Profitable ETF Trading Strategies: Finding your best mental state for trading
In previous articles I have described my concept of the “zero-state”, and the combination of personal satisfaction and improved bottomline performance I get when I trade from that state. In this article I want to describe some other mental states that traders I know find useful and consider the implications for your own journey of […]
Profitable ETF Trading Strategies: Experiencing the Zero-State
For me, achieving the zero-state is a necessary precondition for trading at my peak. In other essays I have described it as a place where adjective pairs of mental states cancel each other out, leaving only a moment of pure being. It is the space between the words that we know, a moment and a […]
Profitable ETF Trading Strategies: How science can improve your trading
Trading by its very nature is filled with uncertainty. Any human endeavor that has such a strong psychological component must be uncertain, until such time as human nature itself undergoes a fundamental change. It is uncertainty which helps make a market for assets. It’s what helps drive the discovery process to uncover the relative value […]