Articles

We know the importance of emotions in your trading. We all feel fear, greed, hope, desperation, elation and more, going from the top of the world to the gutter then back up within days, hours or minutes.

We are well into the reporting season and one that has produced a mixed bag of results. If we were achieving these earnings levels 18 months ago we would all be ecstatic. But as we have been enjoying the good times even more good news can be so easily diluted.

Recently during a discussion with a couple of new traders they shared with me their fascination with the run up in the stock Caltex, CTX.

When meeting new people it’s a common question to enquire as to their profession. In our industry this can lead to some interesting discussions with cab drivers as most of the general public are looking for a quick tip or a good news story for their NAB or TLS shares.

A diversified approach is important in any investment strategy. There are varying levels of diversity from Macro to Micro levels.