March 30th, 2009

Implications for speculators

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Trading has been characterized as a zero sum game, and rightly so. If trader A sells a security to trader B and the price goes up, trader A lost money that they otherwise could have made. If it goes down, Trader A made money from trader B’s mistake. Even in a [...]

October 9th, 2008

What Size Of A Demo Account Should I Practice With?

I was speaking with a good friend the other day; about demo trading versus live trading, and how to make the transition smooth.  He mentioned that he had not yet started trading live, and that he had been offered by a broker a free demo account with an initial balance of fifty thousand dollars.  He [...]