Posts Tagged by trading lessons

Follow your personal plan to the end… 1863.  Prussian premier Otto von Bismarck, feeling under the thumb of the dominant Austrians in the German Federation makes his plans for no longer being the servant boy of Austria.  His plans start by attacking weak Denmark to take back former Prussian lands – but he enlists Austria in…

During the 1780′s Joseph Fouche traveled from town to town teaching mathematics, but he knew it was not his calling.  He needed some event to make his mark on the world – and that event came in 1789 when the French Revolution broke out.  He befriended revolutionary Robespierre and proceeded to rise in the rebel ranks. …

In war and conflict, as in the markets, the moves of our counterparties are unpredictable.  This unpredictability can be our downfall, or it can be the element by which we lead ourselves to victory. In Greek mythology, Medusa was a hideous thing with serpents for hair, heinous teeth and a long protruding tongue.  She was so ghastly that anyone who…

Patience – Rushing Will be Your Demise 17th century Ming painter Chou Young had an experience which changed his behavior forever.  Coming across a river on a ferry, he had important books and papers to deliver to a city about a mile from the river bank.  Night was approaching, and he became concerned he may…