What Is the Non-Farm Payroll (NFP), and How Do Traders Use It? Last updated: 3 July 2026 · By Spencer Li, CFTe The Non-Farm Payroll (NFP) is a monthly report from the US Bureau of Labor Statistics that measures the change in the number of US jobs, excluding farm workers, government, private household, and non-profit […]
Fortune’s Formula by William Poundstone: the Kelly Criterion, and How Traders Actually Use It Last updated: 3 July 2026 · By Spencer Li, CFTe Fortune’s Formula by William Poundstone is the story of the Kelly criterion, a formula that tells you how much of your money to bet on a single opportunity to grow your […]
Forex Price Action Scalping by Bob Volman: Book Summary and Review Last updated: 3 July 2026 · By Spencer Li, CFTe “Forex Price Action Scalping” by Bob Volman is a practical, no-fluff manual for trading forex on very short timeframes using raw price action, no lagging indicators, on a tight bid-ask spread. It is best […]
“Following the Trend” by Andreas Clenow: Book Summary, Key Ideas, and Who Should Read It Last updated: 3 July 2026 · By Spencer Li, CFTe “Following the Trend: Diversified Managed Futures Trading” by Andreas Clenow is a practical guide to systematic trend following, the strategy of using futures contracts across many markets to ride large […]
Flash Boys by Michael Lewis: Summary, Key Ideas, and What Traders Can Learn Last updated: 3 July 2026 · By Spencer Li, CFTe “Flash Boys: A Wall Street Revolt” is Michael Lewis’s 2014 non-fiction book arguing that the US stock market is rigged in favour of high-frequency trading (HFT) firms (traders who use very fast […]
