Author: James
Margin Call is a 2011 film written and directed by J. C. Chandor. It stars Kevin Spacey, Jeremy Irons, Paul Bettany, Zachary Quinto, Simon Baker, Penn Badgley, Demi Moore, Mary McDonnel and Stanley Tucci. The film’s subject is the 2007-2008 financial crisis and it charts the pivotal 24 hours at the start of the crisis, detailing events at a large Wall Street investment bank. It has long been assumed that the investment bank at the heart of the film’s story is Lehman Brothers, or it is at least heavily based on Lehman Brothers. However, the film’s director has stated that…
You’ve probably seen the latest AI-generated art circulating the internet lately. Maybe you were blown away by the creative images these new systems can produce or maybe you found them a little concerning. Either way, AI art generators are having a huge impact on the creative space right now. In this article, we’ll dive into the capabilities of systems like DALL-E 2 and Stable Diffusion. We’ll explore how these tools are being used by artists and non-artists alike to elevate the creative process. There are fascinating implications for the future of art and plenty of thought-provoking discussions to be had…
Nanoparticle characterization is a critical aspect of nanotechnology that involves analyzing the size, shape, structure, and properties of nanoparticles. These particles, typically ranging from 1 to 100 nanometers in diameter, exhibit unique physical and chemical properties compared to their bulk counterparts. Accurate characterization is essential for understanding their behavior, optimizing their performance in various applications, and ensuring their safety in biomedical and environmental contexts. What Are Nanoparticles? Nanoparticles are ultrafine particles with dimensions on the nanometer scale. They possess unique optical, electronic, and mechanical properties due to their high surface-to-volume ratio and quantum effects. These properties make nanoparticles useful in…
How important are healthy choices in our trading success? Is what we choose to eat and drink a factor in our profitability? Does it make up part of our edge? We spend so much of our time focussed on our trading strategy, fine-tuning every detail, tweaking our methodology, we sometimes forget about the other things we can do to improve our trading results. Things outside of the charts. Imagine you were hanging out with a bunch of traders and started talking about how to improve profitability. If you told them that you had a pill they could take, that would…
Losses, losses, oh those little blighters. Life would be so much nicer without them, wouldn’t it? When we first start trading, if a trade we liked the look of turns into a loss, it can be pretty tough emotionally. We might feel sick to our stomach, start telling ourselves “it’s not fair”, “I shouldn’t have traded that”, “if only I’d put my stop loss further away” or “if only I’d got out sooner”. But losses are an inevitable part of trading. Just like the idea of death, the sooner you get used to it, the easier life becomes. So if…
Emotions and trading… those two words should never been uttered in the same sentence, right? But how about seeing emotions as a helpful tool instead of something to be avoided at all costs? All too often, traders get the wrong end of the stick when they hear “if you have emotions when you’re trading, then you’re doing it wrong”. While it’s true that trading in a highly emotional state will hinder our ability to trade in a calm and discerning manner, unless we are all yoda-like enlightened beings, we are all going to feel some sort of emotion when we…
The number of instruments available to retail traders is huge, and once you add all the possible ways to trade, as well as all the possible timeframes to trade, it’s easy to see how traders get overwhelmed with options. Here we look at one piece of the trading plan jigsaw: which timeframe to trade. As with all the other aspects of an individual’s trading strategy, the timeframe to trade is dependant on what each trader feel comfortable trading, in other words, which timeframe suits their trading personality. In order to know which timeframe suits your trading personality, it’s worth asking…
A professional trader since 1981, and heading up her own hedge fund since 1992, Linda Bradford Raschke became well-known through her inclusion in the classic book The New Market Wizards by Jack Schwager. She co-wrote (with Laurence A. Connors) Street Smarts – High Probability Short Term Trading Strategies in 1995. In 2018, she has published Trading Sardines: Lessons in the Market From a Lifelong Trader. Linda Bradford Raschke is a well-respected and well-liked trader and writer, with over 40 years’ experience in the markets, so I had plenty of quotes to choose from. Here are my 12 favourites: What is…
Ken Griffin is the founder and CEO of the quantitative hedge fund Citadel. He also owns market maker Citadel Securities. He started trading while studying Economics at Harvard, and is now worth an estimated $35 billion. Here are 9 of Ken Griffin’s best quotes: Lessons learned from 2008: “Don’t act like a bank unless you are a bank. That was a really big lesson learned from 2008.” Ken Griffin started trading on his own, in his dorm room at Harvard, but Citadel now employs over 2,600 people. “I had to learn to trust people, and I realised that success was…
David Shaw is a computer scientist who founded the quantitative hedge fund D.E. Shaw & Co in 1988. Its successful use of sophisticated mathematical modelling and algorithms led to Shaw becoming known throughout the finance world as the ‘Quant King’. Here are 9 of David Shaw’s best quotes David Shaw often spoken of his view of the markets, that first developed in childhood. “I grew up with the idea that, if not impossible, it was certainly extremely difficult to beat the market. And even now, I find it remarkable how efficient the markets actually are.” As a computer scientist, David…