Speaker: Robert Brain
Topic: Trading Insights – “I’m never wrong – or am I?”
Back before COVID, we started to run a series of “Trading Insights” segments in the monthly Melbourne ATAA meetings to provide our traders and investors with special insights to help make them more profitable. This session continues that theme.
Many investors and traders have a background or career in engineering, mathematics, or science. And in that field, there is often just one right answer in many situations. These people are used to arriving at one correct solution to a problem, and they accept that all other proffered solutions are likely to be wrong.
With such a background, many of these people struggle with trading and investing because they are looking for the one correct answer when setting up a trade, or an investment position. So, once they enter a market position, they often refuse to accept that their decision might have been wrong, and so they hold on to losing positions for way too long. The end result. A loss of capital. Pause for a moment and ask yourself if you might be one of these people and looking to be more profitable?
In this session we will explore this problem and explain how to identify this in ourselves and in our everyday life. We will also explore ways to address the problem, and to be more successful with our trading and investing.
231109_Melbourne - Brain, Robert
Speaker: Matthew Jones
Topic: Where to Invest in Q4 2023
The past three months have been difficult for stock investors as rising interest rates blew as a major headwind against the advance. China's expected recovery has not materialised, and commodity prices are slipping. It is not easy to find good growth prospects. Unless you know where to look.
Join Matthew for his quarterly update where he will show you exactly where to focus your efforts on in the last quarter of 2023 and explain why these areas deserve your attention.
231109 Melbourne - Jones, Matthew