Probability

  • The Monty Hall fallacy
  • Imagine this… You're on a game show, and there are three doors. Behind one of those doors, is the car of your dreams! Behind the others are just two plain old goats… So, you choose door number one. The game show host goes to door number two, opens it, and reveals it's a goat. He gives you the opportunity to change your choice and choose door number three. Do you sta... ››› more
  • [09 May 2019]
  • Here's why the Bookie always wins no matter what!
  • Have you ever heard of the following?   • The Vig • The Juice or • The percentage   It’s the cut the bookie takes on each bet you make.   It’s how they stay in business.   But, their cut or margin can affect your end pay-out.   And each bookie has a different cut to attract more bettors.    In today’s article I want to show yo... ››› more
  • [01 November 2018]
  • Healthy and blue: Two ways to spot winning stocks on the JSE
  • While I was cycling at the gym yesterday, Irvan, one of my Red Hot Storm Trader subscriber's introduced himself to me. We chatted about how he started trading and his passion for trading the markets. As I was about to leave, he asked a very good question, "How do I choose what stocks to buy?" I answered back with two words, “Healthy and Blue”. I'm sure right now, you have t... ››› more
  • [20 November 2014]
  • What can you do to get back into trading after a long holiday?
  • April and May have been full of public holidays… And if you took advantage of them with a relaxing holiday, then getting back into trading can be a daunting task. In fact, D.G feels exactly the same. Here's what he asked me… “I've just come back from a relaxing holiday in the Maldives, and now I'm ready to get back in the stock markets. What can I do to get back into trading aft... ››› more
  • [13 May 2014]
  • Three lessons traders can learn from professional poker players
  • Picture this… You're a professional poker player sitting at a table competing in the WPT Emperors Palace National Poker Championship. While you're sitting at the table, you fold more times than you play, and this is your secret strategy. And at the end of the game, you end up walking away with a R1 million rand cheque, winning the Emperors poker championship… Sounds great right... ››› more
  • [13 May 2014]
  • I've waited five years for this profit opportunity -Finally it's here!
  • Bad news keeps penetrating the markets: - Continuous strikes! - Disgruntled employees! - Interest rate hikes! - Inflation devastation and so many other economic issues. In fact, I haven't held a share longer than three months in over five years. But today, I'm putting my foot-down and I'm buying into this sector big time! I've waited five years for this sector to break out and now... ››› more
  • [05 February 2014]
  • How this simple “box” can predict your next profitable trade!
  • Dear Money Morning reader, Food companies fundamentals are looking very bleak.With higher input costs, job cuts, tougher competition and much higher consumer prices, this is putting strain on the companies share prices. Last week, I sat down to do analysis on the Food Producing Index, and I was struck by this reversal pattern. Looking at the charts, you can expect the Food Producers Inde... ››› more
  • [22 January 2014]



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