Tag Archives: Trading

10 Steps to Building a Winning Trading Plan

There is an old saying in business: “Fail to plan and you plan to fail.” It may sound glib, but those who are serious about being successful, including traders, should follow these eight words as if they were written in … Continue reading

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You Must Have A Plan

Even Wonka knows the importance of a trading plan!

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Visualizing Bob Farrell’s 10 Rules of Investing

As the markets once again approach historic highs, the overly exuberant tone, extreme complacency and weakness in the economic data bring to mind Bob Farrell’s 10 investment rules which should be a staple for any long-term successful investor. Bob Farrell … Continue reading

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What It Looks Like When A High Frequency Trading Algo Bombs A Stock With Fake Quotes

To buy a stock you must quote the right price. The “right” price is known as the National Best Bid and Offer (NBBO) and is determined, of course, by the market’s demand for a stock. Quote the right price, and … Continue reading

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The Truth About Working On A Wall Street Trading Floor

Have you ever seen a trading floor? No, we’re not talking Liar’s Poker here… We’ve all seen the so-called “pit traders” on CNBC yelling and screaming at each other. But what’s it like on a typical trading floor at a large bank … Continue reading

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