"Video For Trader" Posts

Peter Guber and Tony Robbins: The Stories We Tell

By Lawrence

In many cases, traders I have worked with have this back story issue that blocked them from achieving a higher level of performance. Sometimes these back stories in their minds cause self-sabotage. Sometimes they cause the traders to keep changing their minds from focusing on what matters. By helping these traders understanding themselves better from […]

Paul Tudor Jones II: Why We Need To Rethink Capitalism

By Lawrence

Paul Tudor Jones presents his solution to avoid the collapse of our civilization.   I have talked about this issue of corporation before but this is not the main reason for which the mess that the world economy has got into. The main reason is that all governments choose to grab more power and money […]

Chris Camillo: This Guy Turned $20K Into $2 Million (You Can, Too)

By Lawrence

Another form of trading from a stock trader showing how one can profit from the stock market by following his plans carefully. The word investor chosen by Bloomberg on this story is not appropriate in my opinion. Chris Camillo is not an “investor” per se because he is trading the story and the price. Calling […]

Daniel Crosby: You’re Not That Great

By Lawrence

It is a motivational speech, surprisingly. By understanding that oneself is not exceptional or special, one can focus on living and learning from experience as oppose to defending their self perceived specialness. Very good video for anyone determined to build a career in trading.

Malcolm Gladwell: How to Succeed as an Underdog

By Lawrence

It is about business strategies for underdog, for which it carries substance for beginner traders who want to become successful in trading one day because retail traders are the underdogs in the game of financial markets.

Ionica Smeets: The Danger of Mixing Up Causality and Correlation

By Lawrence

Ms. Smeets’ great presentation of scientists and media mistakes of mixing up correlation with causality. It is what I warned traders and quants to-be all the time – if you do not know what causes the correlations, expect the statistical biases may disappear fasting than you think.

Faraz Jaka: Homeless Millionaire Poker Player

By Lawrence

A different perspective from a famous poker player about the liberation of one’s attachment to physical things and fancy lifestyle.

Veritasium: Would You Take This Bet?

By Lawrence

Real life experiment with people on rational decision making. Our human nature plays a big part in our lives on the decisions we make. Traders are especially haunted by our bias towards risk aversion as losses of any kind is almost automatically translated into a form of pain or threat. Being able to overcome that […]

Anthony Robbins: New Year True You

By Lawrence

It is a long video (about 35 minutes). If you want to do better with your trading, or improving your life, I recommend you sit down and spend 35 minutes watching this video. Mr. Robbins has put together many important ingredients necessary to improve yourself, to get you to where you want yourself to be, […]

Gerd Gigerenzer: Risk Literacy

By Lawrence

The importance of understanding probabilistic thinking in both our daily lives and in financial decisions.