Pace The Race
When each of us starts trading we all want to make our fortune right away. But we soon find out
that there are some things we need to learn and master first. It might be technical analysis,
gaining control of our emotions, or developing discipline.
Trading is a journey. It cannot be a hobby it must be a [...]
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 [...]
Market Gaps
We are writing this because of the large gaps in the market at the open on Sunday September 7, 2008. The market does gap but usually it will happen on the opening of the market on Sunday. Occasionally a gap can be seen around a new announcement. It is not as large as the gap [...]
September 8th, 2008Dealing With Your Broker
When we refer to our broker we are referring to the people we talk to when we contact that broker. It may be someone in the funding department, the accounts department, the client services department, or a person placing a trade for us. In any event they are people.
Yes the broker should be there to [...]
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