Professional Trader Mentoring Mentoring Program
Maximizing 2011 – data mining for fun and profit
Several years ago, I attended a luncheon meeting at the Economics Club of Chicago in which Bill Gates spoke.
I had never heard Gates speak in person and I was ready to hear all about the newest software and latest technology.
Much to my surprise, all Gates talked about was what he called “data mining”.
Gates thought data mining was important. He said that by analyzing data collected throughout your business, you could find revealing insights leading to improvement.
Although I did not fully understand the importance of data mining at the time, every year since then I have seen dramatic examples of how mining the data from your trading can lead you to important discoveries.
One dramatic example Read the rest of this entry »
Getting from the Foothills of Trading to Base Camp One
At last week’s $aturday $trategy $ession, two traders in my Professional Trader Mentoring Program talked about their path from the foothills of trading to Base Camp One.
The Mount Everest analogy is meant to describe the journey from getting serious about trading, the foothills, to the start of professional trading, Base Camp One.
The first trader who talked about his journey to professional trading was Khasan from Moscow. Khasan presented a Read the rest of this entry »
Will the person in Row 34, Seat 13 please come to the podium and give the keynote speech?
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Making decisions with imperfect information
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The Year of the Rat gives way to the Year of the Bull
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What’s in it for me?
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