The Big Picture

Apprenticed Investor, Investment, Trading

I ended yesterday’s post with the idea that you need to know why you’re getting into a trade because when it comes to trading and investment, things WILL go “wrong”. There’s really nothing “wrong” about it. Markets are chaotic, complex networks full of irrational nodes making emotional decisions. Unless you can see the future, that means you’re going to be wrong sometimes. That’s OK.

Well anyway, I just happened to google Barry Ritholtz, who has been my favorite market blogger for some time now, and found a great set of articles by him over at thestreet.com. The series is called “Apprenticed Investor” and is right in line with yesterday’s post. There are probably too many articles to just list them all and expect you to read through them in a day, so I figured I’d post them one at a time as I cover various trading topics. The first article, coincidentally, is aptly titled “Expect to Be Wrong“. I also recommend checking out his blog at The Big Picture.

Update: You can find the whole set of articles here.

Matt @ December 12, 2007