The AlphaMind Project
The AlphaMind Project Ltd
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Successful trading and investing have never been easy. Only very few can successfully encounter and navigate the turbulent waters of financial markets and remain standing nearly four decades later.
One of those who have managed this is Jonathan Baird, who in his long career (managing primarily international/global equity mutual funds) has managed three different number 1 ranked funds and has won a prestigious award for the best global equity fund in Canada.
Jonathan subscribes to the view that whilst the challenge is the market, the real enemy that we face is ourselves. This underlines his work, with a strong focus on being self-aware, challenging himself, managing himself, ensuring he aligns his work, his purpose and his personality in a way which is the most productive and effective for himself.
This is the drumbeat which we at AlphaMind bang loudly and firmly to traders, work on yourself, not purely on the technical aspects of markets or your system. Work on understanding your process and how you come to make decisions, choices, and actions. We believe that trying to solve the puzzle of the markets and where markets go is half the battle, and possibly the easier half. Trying to solve the puzzle of yourself and how you encounter markets, risk, uncertainty, how you take and manage risk, and how you deploy both your physical capital and your psychological capital. How you remain above the fray is vital, and that requires learning about yourself at a deep and conscious level. In this podcast interview, Jonathan talks about his personal journey and the challenges he faced and had to overcome.
Jonathan also believes that a high-quality source of independent analysis and opinion can make the process more efficient and lead to better-informed decisions. This has led Jonathan to start and distribute his own outstanding monthly newsletter, the Global Investment Letter, in which he provides outstanding and thought-provoking insights and analysis, and which is read by thousands of professional investors and money managers.
AlphaMind do not offer trading or investment advice and do not take responsibility for any investment or trading actions or decisions taken by clients or any observers of our material in any form of media, either now or in future.
Editors’ Picks
EUR/USD tests nine-day EMA support near 1.1850
EUR/USD remains in the negative territory for the fourth successive session, trading around 1.1870 during the Asian hours on Friday. The 14-day Relative Strength Index momentum indicator at 56 stays above the midline, confirming steady momentum. RSI has eased but remains above 50, indicating momentum remains constructive for the bulls.
GBP/USD consolidates around 1.3600 vs. USD; looks to US CPI for fresh impetus
The GBP/USD pair remains on the defensive through the Asian session on Friday, though it lacks bearish conviction and holds above the 1.3600 mark as traders await the release of the US consumer inflation figures before placing directional bets.
USD/JPY rebounds above 153.00 ahead of US inflation data
USD/JPY stages a comeback and regains 153.00 in the Asian session, snapping a four-day losing streak amid some repositioning ahead of the US CPI report. However, expectations that Japan's PM Sanae Takaichi could be more fiscally responsible, along with bets that the BoJ will stick to its policy normalization path and the risk-off mood, could support the safe-haven Japanese Yen, capping the pair's upside.
Editors’ Picks
EUR/USD tests nine-day EMA support near 1.1850
EUR/USD remains in the negative territory for the fourth successive session, trading around 1.1870 during the Asian hours on Friday. The 14-day Relative Strength Index momentum indicator at 56 stays above the midline, confirming steady momentum. RSI has eased but remains above 50, indicating momentum remains constructive for the bulls.
Gold recovers swiftly from weekly low, climbs back closer to $5,000 ahead of US CPI
Gold regains positive traction during the Asian session on Friday and recovers a part of the previous day's heavy losses to the $4,878-4,877 region, or the weekly low. The commodity has now moved back closer to the $5,000 psychological mark as traders keenly await the release of the US consumer inflation figures for more cues about the Federal Reserve's policy path.
GBP/USD consolidates around 1.3600 vs. USD; looks to US CPI for fresh impetus
The GBP/USD pair remains on the defensive through the Asian session on Friday, though it lacks bearish conviction and holds above the 1.3600 mark as traders await the release of the US consumer inflation figures before placing directional bets.
Solana: Mixed market sentiment caps recovery
Solana is trading at $79 as of Friday, following a correction of over 9% so far this week. On-chain and derivatives data indicates mixed sentiment among traders, further limiting the chances of a price recovery.
A tale of two labour markets: Headline strength masks underlying weakness
Undoubtedly, yesterday’s delayed US January jobs report delivered a strong headline – one that surpassed most estimates. However, optimism quickly faded amid sobering benchmark revisions.
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