This week's Trader Digest features common trading and investor mistakes, the world's youngest hedge-fund manager being courted by Donald Trump, and Buffett's next investment targets...
Seven common mistakes made by day traders
Starting before you're ready and failing to properly manage risk are just two of the seven mistakes that are most commonly made by day traders in a list compiled by City AM. See how many bad habits you can cut out of your trading here.
This 19-Year-Old Is Trump’s Latest Market Whisperer
Rarely a day passes without some eyebrow-raising news from the White House these days, and following the news that President Trump's business advisory councils were deserting him following the controversy over neo-Nazis in Virginia, Bloomberg Politics is speculating that the world’s youngest hedge-fund manager, Jacob Wohl, is apparently being lined up for a role in the administration. Read all about him here.
Foreign investors have started selling stocks across Asia
Business Insider reports on the news that tensions on the Korean peninsular is one of a number of reasons that has seen foreign investors ditching equities across Asia, with net inflows into the region falling to $US3.9 billion last month.
How to Protect Your Trading Computer from a Cyber Attack
If you're frequently on the road and trading from outside of the office or home, you might want to take in some of these handy tips to ensure you're not one of many traders coming up on the wrong side of nefarious cyber criminals...
Trade from Home? Here’s How to Create a Boss Home Office
Additionally, if you're fortunate enough to be able to trade from home, another of our new features gives some handy tips on how best to turn your home office into an area you genuinely want to spend your day in...
What to Watch
Four common mistakes investors make
This short video from Yahoo outlines the key mistakes people are likely to make when considering their next investment. The first one? Not Investing. Take the rest in here.
These Are the Companies Warren Buffett Is Betting on Next
One man who has made very few investing mistakes is the great Warren Buffett, making him the man to follow when it comes to knowing where to put your money. Thankfully Time Money have a short video that has a punt at naming his next investment targets. Watch it here.
Take a 360 walk around one of the world’s biggest bitcoin mines
Crypto is the trading hotcake discussion topic at the minute, but its comparatively young age means it's still not completely understood even by those trading in it daily. For example, what do you really know about Bitcoin mining? Take this 360-degree tour with Quartz to learn more.
For the Headphones
In Search of the Next Great Trade—with The Macro Tourist, with Kevin Muir
Chat With Traders podcast
Aaron Fifield is the excellent host of a real TraderLife favourite and regular recommendation, and this week he talks to the man behind the Macro Tourist blog, Kevin Muir, who shares his lessons learned as a derivatives trader for RBC Dominion Securities. Listen here.