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
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
The Bretton Woods Accord was established in 1944, towards the end of World War II. The United Nations Monetary Fund convened in Bretton Woods, New Hampshire, with representatives from the United States, Great Britain and France. The Bretton Woods Accord established the policy of pegging currencies against the U.S. dollar in order to stabilise the
By Toni Hansen For many traders, the decision to trade the E-Mini futures market is viewed as a highly lucrative decision. The tax benefits and the ability to trade with relatively small starting capital thanks to the leverage makes it very appealing to many. In the stock market, the tax obligations and pattern day trader
History of the AB=CD Pattern In 1935 a book was published for sale to investors at an incredible price of $1500. That book was Profits in the Stock Market by H.M. Gartley. On page 249 Gartley describes a chart pattern, “Practical Use of Trend Lines,” which we now call the AB=CD Pattern. Gartley’s description of