How master traders think about risk, sizing, and chart structure. Practical lessons from Nassim Taleb, Paul Tudor Jones, William O’Neil, and Ralph Vince.
The useful thing about studying Jesse Livermore is not that he made several fortunes. It is that the same career also shows, in unusually clear form, how leverage, ego, and…
Paul Tudor Jones is most often introduced through one trade, his short positioning around the October 19, 1987 crash, when the Dow Jones Industrial Average fell about twenty two percent…
The useful thing about studying Nassim Taleb is not that he had a strong year around the 1987 crash. It is the framework he has built around how rare events…
Most traders spend a disproportionate amount of time on entry signals and almost no time on the mathematical structure of how much to risk on each trade. Ralph Vince spent…
What O'Neil understood about growth stocks was not that they were predictable, but that they shared recognisable patterns before their biggest moves. His research involved studying the price and volume…