The blog

One article a day, plus a second one when the news calls for it, written from real events and fully sourced: markets, crypto, psychology, risk management, the trading industry and trading journal methods.

Stacks of payment receipts on a trader’s desk lit by a lamp

NewsOctober 17, 20265 min

Prop Firms: What October’s $54.9 Million Really Hides

Prop firms paid out $54.9 million in two weeks, with a median payout of $1,101. Learn how to interpret these figures and calculate your own rate.

A trader in front of screens at dawn, with a sheet of inflation figures on the desk

NewsOctober 16, 20267 min

Hot Inflation, Falling Rates: Bonds Change Their Fear

U.S. CPI at 3.7%, PPI up 1.3%: long-term yields still fall. Why markets fear growth, and which trading mistakes to avoid.

A trading journal open on a desk lit by a lamp, on a Friday evening after the close

MethodOctober 15, 20266 min

Trading Journal: Read Your Numbers Without Lying to Yourself

What to record, how to read win rate, expectancy, R and drawdown, run a weekly review, and turn your trades into rules worth testing.

Trader's desk at night, with a screen displaying a long-wick candle and a crypto hardware wallet beside it

CryptoOctober 14, 20266 min

Crypto: $774 Million Liquidated, Ether on the Front Line

Bitcoin fell below $81,000 before topping $84,000, $774 million was liquidated, ether weakened, and Ledger found spy chips: what traders need to know.

A trader hesitates with a hand on the mouse while deciding whether to close a position

PsychologyOctober 13, 20267 min

Disposition Effect: Why You Cut Your Winners Too Early

Cutting winners too soon and letting losers run can drain your trading account. Research explains why—and how your journal exposes the bias.

Trader’s desk at dawn with an open weekly calendar and a cup of coffee

NewsOctober 12, 20267 min

CPI, Retail Sales, Warsh: The Week That Decides October

October 12–16: US CPI, retail sales, UK GDP, Australian jobs and Warsh. The day-by-day schedule and your trading plan.

A US Treasury bond certificate on a trader’s desk, beside a gold bar and a Canadian coin, with blurred screens in the background.

NewsOctober 11, 20267 min

Long-term yields, the Fed and the loonie: bonds call the shots

US 30-year yields hit a 24-year high, the Fed signals another hike, and Canadian jobs plunge. Here are the week’s key moves and inflation scenarios.

Several ropes connected to the same anchor, evoking positions exposed to a common risk factor.

StrategyOctober 10, 20266 min

Correlations: Measuring the Hidden Risk in Your Positions

Several trades can hide the same exposure. Learn to group positions by risk factor and calculate a shared risk budget before an economic announcement.

Oil tanker passing through a narrow sea passage between arid coastlines.

NewsOctober 9, 20266 min

Oil and the Fed: The Double Shock Weighing on Markets

Brent surges as tensions rise around Hormuz while the Fed keeps tightening on the table. A breakdown of facts, scenarios, and trader pitfalls.

Top-down view of a desk with an open trading journal, a pen, and a computer.

MethodOctober 8, 20267 min

Trading Journal: From Statistics to Concrete Rules

Learn what to record in your trading journal, how to read your statistics, and how to structure a weekly review to build useful rules.

Bitcoin and Ether symbols on a trading desk illuminated by morning light.

CryptoOctober 7, 20266 min

Bitcoin Under Pressure: ETF Flows and Liquidity in Focus

Bitcoin retreats, ETFs see outflows, and Ether liquidity thins. A review of recent facts and execution risks for retail crypto traders.

A trader reviews decision notes in a notebook beside a blurred screen.

PsychologyOctober 6, 20267 min

Outcome Bias: Why a Profit Does Not Validate a Trade

A winning trade can hide a poor decision. Learn how outcome bias distorts your review and how journaling helps assess choices without rewriting history.