TLC Weekend Update May 31, 2019

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We have a very crazy week of market swings this week thanks to escalation of the US-China Trade War. Yet when everyone thinks Trump cannot pull out another magic bunny, he tops himself again by declaring more fights with more countries last night. This surely making many traders speculate things from his intentions to his mental state. I choose not to participate in such discussions. Seriously there is no point to do so because it is a waste of time and it is not going to help with our trading decisions.

I am planning to do another webinar soon given last one was very well received. I have not decided what topic to do though. So those of you having questions about trading in general or specific things related to DaytradingBias can email me or leave a comment below. I will figure out the rest after I look at all the requests and questions.

I remember recommending a book, Algorithms to Live By: The Computer Science of Human Decisions, to traders who hate computer programming. The funny thing is that this book is also absolutely hated by the computer geeks because it is not done properly, or not technically correct enough. I was organizing my bookshelves the other day and flipped through the pages. It may not be the easiest book to read, but, for non-programmers who have the necessity to understand more about algorithms, like traders, this book is a good introduction to a number of concepts that are useful in many ways.

And talking about the cottage country here in Canada on my last update, it somehow triggered a boat company calling me to see if I am interested in buying a new boat. Initially I was all puzzled like how the hell someone knows that indeed I am looking for one. It turned out the company sales manager actually read my blog here. By piecing together several things together from my other posts, including my new avatar that is based on a real photo, he figured out I was the person he dealt with many years ago. Good job!

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