Pneuma Capital
Trading | Personal Finance | Psychology
Yet another automated robot has fallen for the trap! This week I joined another scam presentation from the same company as the previous blog: https://pneuma.capital/attending-a-fx-scam-automated-responses/ These presentations claim to be “live” but they are clearly pre-recorded and have automated bots to answer some of your general questions. To catch them out, I tend to give absurd answers to see what… Read More
Today’s blog is too hilarious not to share! I joined another scam presentation and realized that it was not live (even though the email invite clearly stated that it was a live event). These recordings are so blatantly scripted, that they have bots that will respond to your answer when the recorded presenter asks a question. To catch them out,… Read More
I had too much fun joining a Zoom call where a scammer tried recruiting people into their trading scam. The invite had many red flags like “free $500 giveaway” and “guaranteed returns”, so I created a fake alias to protect my personal details. Once I was in, it was too easy to spot the scam – they could not answer… Read More
What I am presenting here is not new – implementation intention is proposed in James Clear’s “Atomic Habits” as a method to create a habit by attaching it to a time and a location. It is a very simple method which can be used to develop good consistent trading habits that can help you in your journey. Implementation intention is… Read More
This is me at the start of my trading journey in September 2020 when I registered Pneuma Capital. Armed with some education and high levels of enthusiasm, I entered the markets with the expectations of making cash rain down from the sky. One year later, I realize my wide-eye enthusiasm overestimated the capital gains and completely underestimated the difficulty of… Read More
Does repetition lead to mastery of a skill, and (if it works) how do we apply it to our trading? “Repetition is the mother of skill” comes from Tony Robbin’s “Awaken the Giant Within”. While I do not fully agree with Tony’s ideals, I do believe that this specific lesson is true. Trading is a skill that can be enhanced… Read More
Why is it difficult to make money in the markets? There are many reasons why it is difficult to make consistent profits by trading. Some people trade without an edge, some do not treat it as a business and some are simply just unlucky. Regardless of these points, the environment in which trading occurs is highly random. It is a… Read More
Good trading requires a good understanding behind the maths related to how money is exposed to the markets. There is a misconception that the percentage lost is equal to the percentage recovery, as many new traders believe that their losses can be easily recovered. At low drawdown levels (between 1% and 10%), the recovery needed is approximately equal to the… Read More