Entertainment· page 2
38 articles
Did you know market fractals were discovered in the price of cotton?
In 1962, Benoît Mandelbrot studied cotton prices and found the jumps repeated at every scale. That's how fractals were born… and a lesson about the market's real risk.
Did you know the forex market is only truly 'alive' for a few hours a day?
Forex is open 24/5, but almost all the real volatility fits in four hours: the London–New York overlap. Why does that window change everything?
Nicolas Darvas: the dancer who made two million in boxes
A ballroom dancer turned $25,000 into more than two million by telegram, watching only price and volume: the Darvas "box" method.
What was the Medallion Fund?
One hedge fund returned about 66% a year for three decades — and has been closed to outsiders since 1993. What the Medallion Fund was?, and why you can't copy it?
Why does the US dollar dominate almost every forex trade?
The dollar sits on one side of about 89% of all currency trades — even in pairs that do not include it. Why, and what does it mean for reading strength?
Jim Simons: the man who solved the market
A math professor who never read a chart hired physicists instead of traders — and never let anyone overrule them. A lesson in method, not prediction.
Why do we call it a 'bull' or 'bear' market?
Two animals decide the mood of every market on earth. The reason comes down to how each one attacks — and to a very old con involving bearskins.
Why is CHF called the 'swissie'?
The Swiss franc's nickname is the easy part. Why the world runs to this currency when the world catches fire is the part worth knowing.
Why does the forex market never sleep?
There's no single building where forex trades — which is why the market runs 24 hours a day, five days a week, handing off around the world like a relay.
Nick Leeson: the trader who broke a 233-year-old bank
One trader, one hidden account, and a bank that had financed the Napoleonic Wars — gone. The most expensive lesson in trading isn't about being right; it's about the loss you refuse to take.
Stanley Druckenmiller: the man behind the trade that broke the pound
Everyone remembers Soros and Black Wednesday. Few remember the strategist who actually sized the bet — and whose real lesson is about how much you risk when you're right.
Bill Lipschutz: the sultan of currencies who lost everything first
He turned a $12,000 inheritance into $250,000 in college — then lost it all on one trade. That loss made him one of the greatest currency traders alive.
George Soros: the man who broke the Bank of England
On one day in 1992, a single fund bet $10 billion the pound would break — and a central bank surrendered. A clean lesson in price versus fundamentals.
Jesse Livermore: the boy who shorted the 1929 crash
He made $100 million betting the 1929 crash would come — then lost every cent. The Boy Plunger’s real lesson isn’t timing; it’s discipline and risk.
Why is GBP/USD called 'Cable'?
Traders call GBP/USD 'Cable' after the 1866 transatlantic telegraph that carried the rate between London and New York — still the market's most storied liquid pair.
Why is AUD called the 'aussie'?
The Australian dollar is the 'aussie' — plain slang, no coin story. What's interesting is that it's the market's risk barometer, tied to iron ore, China and the carry trade.
Why is CAD called the 'loonie'?
The Canadian dollar (CAD) is nicknamed the 'loonie' after a bird on its coin — and it trades almost in lockstep with oil, which is where the FOTSI comes in.
Why is the New Zealand dollar called the 'kiwi'?
No, it's not the fruit. The New Zealand dollar (NZD) is called the 'kiwi' after the national bird on its coin — and it's a carry-trade star the CTS tracks.
