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How to Position Size Your Trades

Let’s talk about something that doesn’t sound flashy but will make or break your trading account: position sizing. If you’re a prop trader, this is even more important. Prop firms have strict daily and overall drawdown limits, and…

Capitalism: The Road to Wealth and Happiness?

The graph below presents another opportunity to revisit how capitalism and the economic freedom it entails lead to prosperity. The scatter plot below shows the intersection of The Fraser Institute’s Economic Freedom Index with per…

‘Something we have not seen’

In September, a container ship set sail from China to the United Kingdom via the Northern Sea Route, marking a change in decades of shipping industry practice.What's happening?The route has been used before, if infrequently, but rising…

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