Safety First

Paul Henry O'Neill (born December 4, 1935) is both a well-known politician and businessman in the United States. He served as the Secretary of the Treasury under President George W. Bush until 2002. Before he joined the government, he was chairman and CEO of Pittsburgh-based industrial giant Aluminum Company of America — or Alcoa, as it was known — where he had a very memorable experience which people pass on as a valuable lesson for business leaders (Duhigg, 2012).

The Hero’s Journey

Joseph Campbell is an American mythologist who is famous for his study in ancient stories around the world. He discovered that all famous stories, no matter which part of the world it originates, share a very similar structure. Campbell also found that all characters in those stories fall into comparable archetypes which tend to repeat and again. In 1949, he published his masterpiece, Hero of a Thousand Faces, to disclose his findings, and many believe this to be one of the most influential books in the century.

The Natural Law

[The following is a famous interview of legendary market forcaster W. D. Gann by another famous stock market legend Richard Wyckoff in 1909. In this interview, without uncovering his exact method, Gann revealed some principles underlying his stunning predictions.]

Sometime ago the attention of this magazine was attracted by certain long pull Stock Market predictions which were being made by William D. Gann. In a large number of cases Mr. Gann gave us, in advance, the exact points at which certain stocks and commodities would sell, together with prices close to the then prevailing figures which would not be touched.

Overhead Supply

The best time to buy shares in the market is when the supply of shares begins to dwindle. In laymen terms, it is a time when the sellers have done their selling and starts to disappear. As soon as there are no more people selling the shares, the price will be free from a burden of supply and ready to go higher.

Buy at New High

[The following passage is an excerpt from Reminiscences of a Stock Operator (Lefèvre, 1923), a fictionalised biography of the legendary speculator Jesse Lauriston Livermore (1877-1940).]

When a man makes his play in a commodity market he must not permit himself set opinions. He must have an open mind and flexibility. It is not wise to disregard the message of the tape, no matter what your opinion of crop conditions or of the probable demand may be. I recall how I missed a big play just by trying to anticipate the starting signal. I felt so sure of conditions that I thought it was not necessary to wait for the line of least resistance to define itself. I even thought I might help it arrive, because it looked as if it merely needed a little assistance. 

Seven Primers

Many people want to speculate successfully in the stock market, but most of them do no know where to start. In view of this, the writer decides to share his list of top ten books which are a must-read for all inspiring growth investors or momentum traders. The list is in ascending order of beginner-friendliness so that the first few books are the least technical and easiest for people with no experience to understand.

Learn Python!

The article is for those who have absolutely no experience in programming, but at the same time very much wants to learn the programming language of Python. It covers the basic operations of the codes as well as free online resources for the users to practice and go further into the subject.