We find doing nothing very hard! It seems that we find doing nothing incredibly hard. In fact, a paper in the journal Science discovered that people found being alone with…
Central Banks Why should you follow releases from the central banks? Central banks have a mandate to their country to provide price stability and guard its economic well-being. It also…
The team over at ING has put together a helpful piece on what they expect assets to do when the Fed starts tapering bonds. For the uninitiated tapering of bonds…
Fundamental analysis Fundamental analysis is simply the ability to understand why the market is moving in a certain direction. For some, who see fundamental analysis as irrelevant, it is worth…
James Montier, in his work “Behavioural Investing: A Practitioner’s Guide to Applying Behavioural Finance,” sheds light on the pitfalls of group decision-making in trading. While it’s often hoped that groups…
In the fast-paced world of forex trading, risks are an inevitable part. That’s why mastering the art of risk management is crucial for every trader. The essence of forex trading…
Finding a good trading system is a worthwhile pursuit, but how do you know when you have found one? What should your benchmark be? In the Chartered Market’s Technician’s level…
Candlestick patterns can be traced back to the 18th century when a Japanese rice trader named Munehisa Homma developed a system of charting that used candlestick patterns to track the…
Sunk cost bias is a cognitive bias that influences decision-making by placing undue emphasis on the resources (time, money, effort) already invested in a particular endeavor, even when those investments…
Prospect Theory is a behavioral economic theory developed by Daniel Kahneman and Amos Tversky in the 1970s. It is explained in the Chartered Market Technicians curriculum for level 2. The…