Justice "Jack Sparrow" Litle

Web Site: http://mercenarytrader.com


Why Do We Bother Publishing (and Selling) Our Research?

October 23, 2014
Slider Psychology Emotion & Process

As traders, why do we bother publishing (and selling) our research? In fact, why do we bother selling anything? Why don't we just "quietly trade" and keep our heads down?
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Not Even Wrong: Why Data-Mined Market Predictions Are Worse Than Useless

September 11, 2014
Slider-Economics-and-Theory

The only way to avoid getting fooled by spurious data or superficial thinking is to put real elbow grease into truly understanding what drives markets and why...
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Be True To Yourself

August 28, 2014
Slider Inspiration & Insight

What is the biggest life mistake you can make? Short of getting yourself killed, what is the one thing you want to avoid doing?
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Profound Parallels Between Sports and Trading

August 20, 2014
Slider Psychology Emotion & Process

Dobel's piece, "Let the Game Come to You," though not about trading, contains some of the most profound trading truth I've ever seen...
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On the New Issues Market

August 14, 2014
Slider Trading Wisdom

"The new issues market has as much nobility as the Fulton Fish Market in the noonday sun when the cobblestones are littered with the carcasses of overripe flounder that didn't sell that morning."
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Who Are You Hanging Out With?

August 7, 2014
Slider Psychology Emotion & Process

I'm a great believer in "you become who you hang with." As Tony will say, the quality of your life is a direct reflection of the expectations of your peer group. ~Peter Sage
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On Form and Technique (in Poker and Trading)

August 6, 2014
Slider Poker & Trading

Diligent commitment to form and technique is the true path to mastery. Here we reflect as to why...
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No, Actually, the “World’s Greatest Trader” Would Crush the S&P to Powder

July 31, 2014
Slider Inspiration & Insight

A popular columnist recently suggested the "world's greatest trader" wouldn't even beat a passive indexer over the long term because of tax issues. This argument is so insulting, and so out of whack in respect to real trading, it spurred the following rant...
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Sometimes It Takes Years

July 30, 2014
Slider Trading Wisdom

Success can take longer than we think, and overnight sensations are years in the making. If signs of internal progress are present, press forward.
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Don’t Sell Your Soul (to an Investment Bank or Anyone Else)

June 4, 2014

Why was the investment banking path, as brutal and dehumanizing as it is, so popular for so long among Ivy League high achievers? My theory: It was more about self-esteem than money...
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If you want to be Tarantino, watch a lot of movies

May 13, 2014

If you want to be the next Tarantino, watch a lot of movies. And don’t just watch them, be hyper-attentive about rating them, reviewing them, and so on.
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What if de Grey and Kurzweil are half right?

May 9, 2014
Slider Inspiration & Insight

Living to be 1,000 years old, or even 250 years old, might be a stretch. But what about, say, excellent quality of life at age 100, or even age 125? Take care of yourselves brothers and sisters!
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Adaptable to Change

May 7, 2014

The cartels are getting squeezed by Colorado homegrown, and are responding - by ramping up other lines of business. You can legalize drugs, but you can’t legalize crime. So the cartels have shifted with the times.
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Good Old Pen and Paper

May 5, 2014

I take huge volumes of notes with my keyboard — market observations, trade notes, all kinds of stuff. But I still have a trusty hand-held folder (green imitation leather, ugly but it works) with a yellow legal pad, blank paper, and blank index cards inside.
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Death of the Omnipotent Central Bank Narrative

May 5, 2014
Slider Themes and Trends

The Omnipotent Central Bank Narrative is drawing to a close. As equity markets cease to levitate, the mighty magicians lose their power.
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