The author's photo shows Sarel celebrating high up in the Himalayan Mountains. Discovery is an adventure. Discovering what makes the economy tick, what makes the markets tick and even what makes humans tick. He calls himself a functional "professional" economist as he applies all his academic and theoretical training towards actually functioning as a professional in the markets. He did it as a banker, a treasurer, a manager of a dealing room and special projects, an entrepreneur and as a Retail Trader. How can one understand without participation, without hands-on active involvement, without seeing it for yourself, living the adventure and feeling every emotion associated with that activity? Observing the same activity from different perspectives is essential for understanding. Living the adventure of trading as a retail trader or investor still requires a compass and The Paranoid Trader is the first installment of Sarel's Retail Trading adventure and first installment compass from which to take some trading direction without being prescriptive.
Have you ever been perplexed as a Retail Trader or Retail Investor about the disconnect between economic fundamentals and the share price of a company or asset? Have you sold your assets or shares as a Retail Trader in despair because the price just keeps falling just to see the price bottoming a week or two later and proceed to make new all-time highs soon after, actually proving your investment thesis right, yet you still ended with a loss? Do you want to know why?
You need to become a Paranoid Trader.
Moving on to Money! Everybody takes money for granted. You should not. Governments and Central Banks love that for they have been using the dilution of money to syphon wealth from everybody for the past 2000 years. The system has been perfected in today's fiat money to maximize the monetary theft from the global population. My new book, Central Bank Conmen, Economic Robbers and Bankrupters of Empires, published by Austin Macauley Publishers Ltd digs into that system, how it has evolved, how it is structured to transfer wealth from everybody and deposit it to the controllers of the system, how it impacts everybody. Read it and you will never take money for granted again.