The Delusional Trader

By Adrienne Toghraie Psychologists would tell you that being in a delusional state means that you are psychotic – obviously not a good thing, especially when you need to know what is really going on in the world. But, strangely enough, sometimes it can work for a trader. Jack is a trader who is a

Current Account Balance

Importance: Moderate Volatility: Moderate Source: The Bureau of Economic Analysis of the Department of Commerce. Release Time: 8:30 ET released two and a half months after the reference quarter ends. Frequency: Quarterly. Web: bea.gov This report is the broadest accounting of US international trade and investment.

Efficient Market Hypothesis

Efficient Market Hypothesis maintains that prices move in a random fashion  around the intrinsic value of the underlying asset. According to the efficient market hypothesis, the optimal trading strategy is to buy and hold, rather than trying to time market movements through technical analysis.

The Chicago Board of Trade

The Chicago Board of Trade (CBOT) is a leading futures and options on futures exchange. Established in 1848, it is the world’s oldest derivatives exchange. The CBOT initially traded only agricultural commodities such as corn, wheat, oats and soybeans. Futures contracts at the exchange evolved over the years to include non-storable agricultural commodities and non-agricultural

Nicola Horlick

Firm: Bramdean Asset ManagementCity: London2008 Age: 472008 Assets Under Management (AUM): £7 Billion Nicola Horlick established her reputation in the early 1990’s at Morgan Grenfell Investment Management. In 1997 she teamed up with Keith Percy and assumed the role of Chief Executive of SG Asset Management (SGAM). Horlick is currently Chief Executive Officer of Bramdean