Top 10 Chart Patterns for Technical Traders
Technical Analysis is one of the oldest tools for making trading decisions. At its core, it’s simply analyzing the price and volume of the instrument you are trading.
Technical Analysis is one of the oldest tools for making trading decisions. At its core, it’s simply analyzing the price and volume of the instrument you are trading.
Not even the first Wall Street investment manager to make more than $1 billion in a year could hope to challenge Wal Mart and come out on top.
Everyone has heard a tale of investors being defrauded, especially lately. While there are the Madoffs and Stanfords of the world, who just out and out steal from their investors, there are also rogue traders who, either by malice or incompetence (or both), have put institutions out of business.
In discussing basketball players who step up in the playoffs and elevate their game to do what it takes to win the National Basketball Association (NBA) championship, NBA analyst Kenny Smith remarked, “The great ones have short memories.”
After being blamed for the flash crash of May 6, 2010, high frequency trading (HFT) took on a legendary status with the investing public. Some had found yet another reason why the little guy can’t get a break on Wall Street, while others saw another step in the evolution of trading.