Stock Market Aphorisms

Stock Market Aphorisms

There are a lot of stock market sayings, some of them quite cliche. But cliches often are just that because they are true. Here are a few of my favorites: Lose your opinion, not your money. There are more fools among buyers than among sellers. Predetermine the exit...
Greetings From the Netherlands

Greetings From the Netherlands

After the UK, Spain and Italy we now find ourselves back in the Netherlands, where I spent 28 happy years. We are here for a full 10 weeks before returning to Chicago after 7 months in Europe. 40 years ago the European Options Exchange (EOE) was founded and I had a...
Self Knowledge is a Vital Trading Tool

Self Knowledge is a Vital Trading Tool

On this Italian Monday morning I thought I might  share a few thoughts about understanding one’s self as a trader or investor. That old axiom, Know Thyself, is vital for anyone who hopes to succeed as a trader. Firstly, one must conquer those twin enemies of every...
Sell in May?

Sell in May?

To every thing there is a season, and a time to every purpose under heaven Ecclesiastes 3:17 It’s the same with the stock market. Market seasons do exist, it’s not just superstition. January tends to be higher as new money gets put to use. And when January isn’t...
Back to Step One. What is an Option?

Back to Step One. What is an Option?

Long time readers of my column may wish to skip today’s entry because I won’t be telling you anything you don’t know already. But, for anyone completely brand new to this I am going to the most bedrock basics. What is an option? There are two sorts of options: A Call...