Alex Preda University of Edinburgh RES
|
|
- Rosamond O’Neal’
- 8 years ago
- Views:
Transcription
1 Alex Preda University of Edinburgh RES
2 what sociologists of finance do preliminary overview of my ethnography problem: why are retail online traders so resilient to losses? online market transactions as a social activity the effects of group dynamics upon trading conclusion
3 sociology of financial markets communication social cognition networks and groups
4 sociology of financial markets methods: combination of statistical and qualitative descriptive methods direct field observation audio and video recordings interviews use of proprietary datasets
5 communication from talk to trading decisions how traders influence each other bargaining sequences: [time stamp t1] trader1: someone is bullish on [currency] right now. do u see that? [t ] trader 2: looks like a good breakout trade, it just busted the high of 2 days ago [t ] trader2: i'm not touchin that though. [t ] trader1: I didnt really like it either. But someone wanted my to know that they liked it as a quick scalp
6 social cognition emotions and observation on the trading floor (Laube 2010) classifications (Zelizer 1994: how people classify money) influence of social categories on price volatility (Zuckerman 1999)
7 real time emotions Trader (in front of screen, alone): Yeah. How fucked up is that market? [[sings] 13 ] Oh the fucking bitch. Down eight motherfucking percent. Yeah, that s right. That s why you get options to go up for fucking fifty fucking motherfucking years cause I m gonna use every fucking last one of them. [19 ] I m walking the fucking line. [13 ] Another day just to fucking forget about. [9 ] That s another fucking day to forget about. Down three hundred points, yeah every fucking day. Yeah. [33 ]
8 networks and groups influence of crowd size on price volatility (Baker 1984) influence of social networks on pricing and information
9 preliminary/ overview ethnography of day (active) traders: US&UK SEC estimate (2000): 7,000 industry data: 1.5 mill. active accts. US (2008) 15.9 mill. client trades UK (2007) interviews/ participant observation audio/ video recording of traders in action webinars/ forums/ social networking sites/ road shows professional traders/ brokers/ salespeople/ software engineers database social networking site/ over 5,000 traders
10 preliminary/ overview favourable regulation (taxation, leverage) entrepreneurial discourse job prospects of the middle classes spread and growth of online brokerages growing importance of online trading platforms professional shifts within financial trading
11 active traders forums/ webinars/ road shows ECNs / OTC Online brokers/ trading platforms individual s Regulatory bodies (CFTC, SEC, FSA) social networking sites
12 trading as a social activity problems: why are traders so resilient to losses? why don t they quit trading?
13 trading as a social activity explanations: retail traders are less rational than professional traders retail traders have less information/ time to make judgments/ make bad judgments puzzles: many are highly educated/ skilled/ some are former professional traders they are aware of their losses and to a certain extent willing to incur them
14 trading as a social activity perspective: atomized and isolated retail traders trading separated from the traders social lives trading having a single aim: money making online technologies reinforce these assumptions
15 trading as a social activity no assumptions about retail traders being less rational (difficult to find overall criteria for collective rationality) trading as a social, not as an atomized activity not separated from traders lives/ biographies multiple aims/ money making not always the primary aim
16 consequences: online group building and communication (dispersed traders coordinating their trades online) hierarchies and leadership within groups (influencing other traders) trading integrated in the traders broader social lives trading related to traders biographies
17 strategy: humans and algos Trader 1: you saw some algo bids coming in, which is why you got into the Canadian dollar Trader 2: Yeah they will come in, they will swipe offers in terms of seeing an algo coming in and saying, OK, there is an order and algorithm pricing behavior is different from individual pricing behavior, right now, there is more individual pricing behavior taking place [points cursor] look at the time it sells right now one one two one eleven an algorithm pricing behavior it s like four five upticks or four five downticks
18 types of online trading groups retail hedge fund (performance leader manages group money) algorithm builders/ users teaching/ learning close ties/ friendships observational
19 trading integrated into life cycles Currently living in [city, Europe]. Always fond of financial markets, I found out about FX 1 year ago. Since then, I have read, learnt and demo traded as much as possible. Live trading since 5 months ago. My personal goal is to quit my job and trade for a living in 2 years time. I am a retired [profession]. After 26yrs, I decided a change was in order. I love trading the forex market, though sometimes it seems more of a challenge than I can handle! I grew up in [US state], but have now transplanted to [US state] these last 24 yrs. I now work as a full-time forex trader, and have been trading (mostly learning) approx. 5 years, the last 2years, full time. Just an old man trying to learn to trade to quit his job and be home with family. Show me something I can understand and make work is all I ask. I am a former Engineer and Hope to make a living trading Forex. I hope to be profitable within this Year. I have to be more disciplined.
20 trading and personal life Trader: um what I did, for this year, I took out a chunk of money to pay bills, and set it aside and, just, this is it for the year. Now, I m going to have to do that again probably in, uh, the end of December or January for next year. But, it basically, I mean, the house is paid for, so we don t you know, and then we just cover our monthly bills, so well, you know, I mean, this whole education thing has been so outrageously expensive. [laugh] And it put a lot of pressure on me, financially, you know? And I, I made a lot of mistakes because of it, and right now, uh, like I say, that s, that s one of the reasons I m right now, I m just hell-bent on getting, building up my finances this year.
21 family life Trader (talking about her brother):... I guess even if you re in a mediocre school you come to people s attention,ok and um and then he decided he wanted to be in [US city] and er he went to work for [firm] in [US city]. He very quickly became one of the partners in [firm] and two clients... one was um, um, um had a small hi-tech company that he wanted to take public with an IPO... he made the decision that this is the moment to go with the IPO thing, OK, so they brought this little {??} [laughs] this stupid little [name] he was very upset with me because I eventually I shorted it, I mean it was like [laughs] this thing is not real, I mean this is and then I think it hurt his feelings [laughs]... Yeah, no he er let me know, I mean er I could see that he was that he was
22 discipline and virtue A: i lost almost 500$ in this two days the balnce which took me 2months dint took even 254 hrs to take it away from me.. gbpjpy, gbpusd... total down with confidance... hope i will come back with a bang in the market.. now will get back to normal size and back to small lots...:( [...] B: Losing 500 in a day is pocket change buddy. [...] C: pocket change? why so harsh? to some is a lot. [...] D: lol... i lost $520 on d 1st of sept. from an acount of 1300 and since den,i made loss afta loss. y? bcuz i was tryn to make it back by force. i grew from a 500 account to 1300 den kabosh!!! down to $30 you wont blieve it. d ansa i guess is patience and always wait for ur criterias to be
23 virtue and pleasure A: Call me strange. I love trading. For me, it's more about the thrill of the hunt than it is about the money. Yeah, the money is nice, don't get me wrong. Sometimes, I wish it was a 24/7 thing... [...] B: Trading is about making money consistently and with discipline. When you have made a certain amount a day to take the day off. If it is a dull day like a holiday in US or europe take a break. You don't make more by over trading.
24 challenge Trader: um what I did, for this year, I took out a chunk of money to pay bills, and set it aside and, just, this is it for the year. Now, I m going to have to do that again probably in, uh, the end of December or January for next year. But, it basically, I mean, the house is paid for, so we don t you know, and then we just cover our monthly bills, so well, you know, I mean, this whole education thing has been so outrageously expensive. [laugh] And it put a lot of pressure on me, financially, you know? And I, I made a lot of mistakes because of it, and right now, uh, like I say, that s, that s one of the reasons I m right now, I m just hell-bent on getting, building up my finances this year.
25 conclusion: why use soft data? the only way of finding out what market actors are really doing the only way of finding out how they make judgments in real situations analysis of real strategic games
26 conclusion: the uses of soft data statistical relevance? No generalizations? No BUT uncovers real patterns of market behavior first task: inventory of patterns (inductive approach) then: analysis and theory-building
27 Alex Preda University of Edinburgh
FOREX ebook PSYCHOLOGY OF TRADING. Blue Capital Markets Limited 2015 All rights reserved.
FOREX ebook PSYCHOLOGY OF TRADING 1 Content Emotional trading - fear & hope 1 A trading plan in five simple steps 4 Getting Started in Forex Fundamental & Technical Analysis Dont forget there s another
More information60 Minute Trader. Author: Chris Kobewka. Published By: Internet Unlimited LLC. 26C Trolley Square Wilmington DE, 19806 USA
60 Minute Trader Author: Chris Kobewka Published By: Internet Unlimited LLC. 26C Trolley Square Wilmington DE, 19806 USA support@60minutetrader.com Tel: UK +44 (0) 870 321 9430 Fax: UK +44 (0) 870 321
More informationTHE POWER OF FOREX OPTIONS
THE POWER OF FOREX OPTIONS TOPICS COVERED Option basics Call options Put Options Why trade options? Covered call Covered put Hedging your position using options How to repair a trading position THE POWER
More informationMistakes. that Traders Make. during Online Trading
Mistakes that Traders Make during Online Trading INTRODUCTION Online trading is one of the fastest growing and developing spheres of activities in the world. Each day it becomes more and more appetizing
More informationPlatinum Trading Television Guide
Platinum Trading Television Platinum Trading Television Guide Our Mission Statement Platinum Trading Television is designed to walk you through our analysis that we release each morning by our team of
More informationCurrency Trading Basics
Currency Trading Basics 10 Facts You Need to Know to Enjoy Forex Trading Success! In Forex trading 95% of all traders lose money and while this is a huge percentage, it's a fact that Forex trading can
More informationSpike Trading: Spot FX Vs Futures
You should be aware of all the risks associated with foreign exchange and futures trading. There is a substantial risk of loss in foreign exchange and futures trading. Past performance is not indicative
More informationForex day trading system
Forex day trading system Show me the money by Domino Hi my forex traders friends, I created this mini-ebook to give you many details about my forex day trading system and some ideas. I hope it can helps
More information5 Tricks of Trend Trading
5 Tricks of Trend Trading Copyright 2006 Rob Booker. All rights reserved. No part of this publication may be sold or changed without the author s consent. Page 1 of 8 Guiding Principles of this ebook 1.
More informationCurrency Trading and Forex 100 Success Secrets 100 Most Asked Questions on becoming a Successful Currency Trader
Currency Trading and Forex 100 Success Secrets 100 Most Asked Questions on becoming a Successful Currency Trader Copyright 2008 Currency Trading and Forex 100 Success Secrets Notice of rights All rights
More informationHOW I TRIPLED MY ACCOUNT IN 4 MONTHS WITH FXJAKE.COM
HOW I TRIPLED MY ACCOUNT IN 4 MONTHS WITH FXJAKE.COM By Nicola McLaughlin IMPORTANT While we make every effort to ensure that we accurately represent all the products and services reviewed on this website
More informationStrategy:10. Rob Booker s. Low risk/high return forex trading
RISK DISCLOSURE: Rob Booker s Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for
More informationB: He's getting a divorce and says he won't be able to pay for it after he pays alimony and child support.
Dialog: VIP LESSON 001 - Alimony A: Why is Kevin selling his house? B: He's getting a divorce and says he won't be able to pay for it after he pays alimony and child support. A: Why is he getting a divorce?
More informationFREE SCALPING INDICATOR
FREE SCALPING INDICATOR User s Manual DISCLAIMER Please be aware of the loss, risk, personal or otherwise consequences of the use and application of this book s content. The author and the publisher are
More informationThe Forex Bounce Trading Strategy
The Forex Bounce Trading Strategy Niko Mermigas Copyright 2014 by Nikos Mermigas. All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means,
More informationINDUSTRY LEADING DERIVATIVES EXPERTS. www.insightcapitalstrategies.com Tel: 0141 375 1246
INDUSTRY LEADING DERIVATIVES EXPERTS www.insightcapitalstrategies.com Tel: 0141 375 1246 Insight specialises in generating tax-free capital growth by investing client funds using spread betting platforms
More informationThe Best Option: Trading Equities at High Speed
The Best Option: Trading Equities at High Speed Chuck Hughes, a former U.S. Air Force and Commercial Airline Pilot, used his downtime to learn how to trade stock indexes with systems. He liked system trading
More informationHow Leverage Really Works Against You
Forex Trading: How Leverage Really Works Against You By: Hillel Fuld Reviewed and recommended by Rita Lasker 2012 Introduction: The Forex market is an ideal trading arena for making serious profits. However,
More informationFOR. 14 Recommendations from a Top Futures Broker. Stuart A. Vosk. Center for Futures Education, Inc.
BASIC TRAINING FOR FUTURES TRADERS: 14 Recommendations from a Top Futures Broker Stuart A. Vosk Center for Futures Education, Inc. P.O. Box 309 Grove City, PA 16127 Tel.: (724) 458-5860 FAX: (724) 458-5962
More informationAvramis DTM Trading Presentation
TRADEPEDIA - TOOLS This demonstration is designed to instruct you in using Tradepedia Algo tools through the MetaStock and MetaTrader platforms and other charting software. It is not a recommendation to
More informationSerious fun. Algo trading in FX. Getting to grips with KYC. Islamic finance. trading treasury technology EDITOR S INTERVIEW
May 2014 fx-mm.com trading treasury technology Algo trading in FX Getting to grips with KYC Islamic finance EDITOR S INTERVIEW Serious fun Dukascopy s Andre Duka and Alain Broyon explain how social technology
More informationFIBONACCI MIRACLE. User s manual. www.fibonaccimiracle.com Karl Dittmann February 2011
FIBONACCI MIRACLE User s manual www.fibonaccimiracle.com Karl Dittmann February 2011 DISCLAIMER Please be aware of the loss, risk, personal or otherwise consequences of the use and application of this
More informationThe Grid Trend Multiplier
The Grid Trend Multiplier Multiply your Forex Profits on a Set and Forget Basis The GRID TREND MULTIPLIER is an ALL in ONE Forex trading Tool that makes it easy for Traders with little experience to succeed
More information22Most Common. Mistakes You Must Avoid When Investing in Stocks! FREE e-book
22Most Common Mistakes You Must Avoid When Investing in s Keep the cost of your learning curve down Respect fundamental principles of successful investors. You Must Avoid When Investing in s Mistake No.
More informationPrediction The Evidence it Doesn't Work and a Popular Theory that Leads to Losses
Forex Trading Strategy Mistakes 3 X Common Trading Errors Which Cause Losses We all know that 95% of all Forex traders lose money and most of these traders have no hope of winning because they base their
More informationForex Money Management
Forex Money Management Brought to you by: FX-ebooks.com Forex ebooks Library 1 Forex Mentor by Peter Bain The new Leading Professional Currency Trading System shows you how to trade currencies like the
More informationThe World s Elite Trading School. The Trusted Source for Online Investing and Day Trading Education Since 1994. What is a Forex?
What is a Forex? Forex is the market where one currency is traded for another Unlike stocks and futures exchange, foreign exchange is indeed an interbank, over-the-counter (OTC) market which means there
More informationStrategy:10. Low Risk/High Return Currency Trading
Strategy:10 Low Risk/High Return Currency Trading Rob Booker 2002-2006 W.R. Booker II. All rights reserved worldwide. This ebook is intended to help you trade currency profitably and happily. If you are
More informationGirl Meets Boy. And suddenly there he was, this tall, quiet boy in a blue and white shirt... I'll always remember the first time I saw him.
Girl Meets Boy And suddenly there he was, this tall, quiet boy in a blue and white shirt... I'll always remember the first time I saw him. Donna is on a boat. She is going to Spain with her family for
More informationNDD execution: NDD can help remove the conflict of interest >>> providing a confl ict free environment for Retail FX traders CLIENT.
The Broker team NDD execution: providing a confl ict free environment for Retail FX traders In forex trading, the electronic execution engine used by Non Dealing Desk (NDD) brokers provides traders with
More informationThe Forex Profit System :
The Forex Profit System : How to Earn $50 to $500 a day Forex Trading from the Comfort of Your Own Home! OVERVIEW Dear Friend, Thanks for your interest in my Forex Profit System. The Forex Profit System
More informationTrading Education. July 2014. The Five Key Elements of CFD Trading. The Five Key Elements of CFD Trading INTRODUCTION
READ OUR FULL RISK WARNING. Spread betting, Contracts for Differences (CFDs) & Foreign Exchange (FX) are leveraged products & carry a high level of risk to your capital as prices might move rapidly against
More informationA practical guide to FX Arbitrage
A practical guide to FX Arbitrage FX Arbitrage is a highly debated topic in the FX community with many unknowns, as successful arbitrageurs may not be incentivized to disclose their methodology until after
More informationIntroduction to Forex Trading
Introduction to Forex Trading The Leader in Rule-Based Trading 1 Important Information and Disclaimer: TradeStation Securities, Inc. seeks to serve institutional and active traders. Please be advised that
More informationHow to make more money in forex trading. 2003 W. R. Booker & Co. All rights reserved worldwide, forever and ever and ever.
The 10 Rules How to make more money in forex trading. 2003 W. R. Booker & Co. All rights reserved worldwide, forever and ever and ever. 2 10 Rules Page 2 Rule #1: Never lie to anyone. Never lie to yourself
More informationThe foreign exchange market is global, and it is conducted over-the-counter (OTC)
FOREIGN EXCHANGE BASICS TERMS USED IN FOREX TRADING: The foreign exchange market is global, and it is conducted over-the-counter (OTC) through the use of electronic trading platforms, or by telephone through
More informationForex Basics brought to you by MatrasPlatform.com
Forex Basics brought to you by MatrasPlatform.com Table of Content What is FOREX... 3 FOREX Basics... 4 Trading Hours... 4 What Is Traded on FOREX?... 4 The Six Majors... 4 Currency Pair Distribution...
More informationA Basic Guide to RBI Support and Resistance Trading
A Basic Guide to RBI Support and Resistance Trading All material contained in this document is protected by Copyright 2008 TradeStalker.com and Mike Reed. This document should not be reproduced or distributed,
More informationTRADING CFDS. Learn how to make money with trading
Learn how to make money with trading Index Why trading? 2 The Basics 3 The Trend Strategy 7 Money Management 9 Closing Remarks 11 1 Why trading? Everyday financial products worth billions of dollars are
More informationTypes of Stock Orders and Order Listing written for Economics 104 Financial Economics by Prof. Gary Evans August 30, 2010
Types of Stock Orders and Order Listing written for Economics 104 Financial Economics by Prof. Gary Evans August 30, 2010 This essay concerns how you might submit an order to buy or sell a stock, how that
More informationHandbook for finding the right FX Broker
Handbook for finding the right FX Broker With currency trading becoming even more popular, the number of brokers is growing at a rapid rate. What should one look at when deciding which broker to open an
More informationQ&a: Why Trading Is Nothing Like Playing A Competitive Sport Markets...
1 of 5 24/02/2012 11:08 AM PRINT Q&A: Why Trading Is Nothing Like Playing a Competitive Sport CHARLES E. KIRK AUG 30, 2011 8:00 AM A sports psychologist and in-demand Wall Street trading coach explains
More informationYou Can Build Wealth in Forex!
You Can Build Wealth in Forex! How to Succeed and Get on the Road to Financial Freedom Trading for a living from home is the dream of many and the good news is anyone can become a professional trader.
More informationSanta Rally. Myth or Fact? ZaK MiR. why do you SpREadbEt? LESSonS FRoM HiStoRy. RESEaRCH in Motion update INTERVIEWS MR FTSE MARK AUSTIN
S a xm n io it Ed the e-magazine created especially for active spreadbetters and CFd traders issue 11 - december 2012 Santa Rally Myth or Fact? ZaK MiR INTERVIEWS MR FTSE MARK AUSTIN why do you SpREadbEt?
More information100 pips daily scalper
100 pips daily scalper User s manual August 2011 www.100pipsdailyscalper.com DISCLAIMER Please be aware of the loss, risk, personal or otherwise consequences of the use and application of this book s content.
More informationContracts for Difference (CFDs)
Interactive Brokers presents Contracts for Difference (CFDs) Andrew Wilkinson, Interactive Brokers Chief Market Analyst awilkinson@interactivebrokers.com Webinar begins @ 12:00 pm EST webinars@interactivebrokers.com
More informationThe Ten Commandments of Forex Target Trading
The Ten Commandments of Forex Target Trading www.forextargettrading.com The 1st Commandment: Thou Shalt Always Protect Thy Capital Without capital, you have nothing with which to trade. Trading any currency,
More informationHow To Learn To Trade
ACADEMY OF FINANCIAL TRADING by traders, for traders Who is an ideal candidate to participate in our Foundation Trading Programme? ARE YOU... An experienced trader who has lost his way? A novice looking
More informationTHE FOREX TRADING COACH. Order of Learning. By: Andrew Mitchem
THE FOREX TRADING COACH Order of Learning By: Andrew Mitchem Congratulations for purchasing my Online Video Forex Coaching Course. I will email you the course notes and access to view the video course
More informationHints, Tips and Strategies from Our Trading Floor 14878.0351 348939.487 34598.6325 66875.0449
14878.0351 348939.487 34598.6325 66875.0449 34838.0371 34898.5321 94898.6327 54798.0321 44898.0324 54695.3522 96898.0321 24848.6323 44898.0321 34898.0328 14878.0351 348939.487 34598.6325 66875.0449 34838.0371
More informationRisk Warning Notice for Contracts for Difference ( CFDs ) and Spot Foreign Exchange ( Forex )
Risk Warning Notice for Contracts for Difference ( CFDs ) and Spot Foreign Exchange ( Forex ) 1. INTRODUCTION 1.1. TradingForex.com is a domain owned and operated by TTCM Traders Trust Capital Markets
More informationIN A SMALL PART OF THE CITY WEST OF
p T h e L a s t L e a f IN A SMALL PART OF THE CITY WEST OF Washington Square, the streets have gone wild. They turn in different directions. They are broken into small pieces called places. One street
More information56 Key Profit Building Lessons I Learned from Jay Abraham s MasterMind Marketing Training.
56 Key Profit Building Lessons I Learned from Jay Abraham s MasterMind Marketing Training. Jay Abraham is a man you should all know. If you do not - go to the library and start learning - just do it! He
More informationClick on the below banner to learn about my revolutionary method to trade the forex market:
By Avi Frister http://www.forex-trading-machine.com Click on the below banner to learn about my revolutionary method to trade the forex market: Copyright 2008 The Forex Navigator System. All rights reserved
More informationYOU WILL NOT BE EFFECTIVE READING THIS.
This is the most effective and powerful script for securing appointment with FSBO's you will ever put to use. This scrip will increase your appointment closing ratio by 50-60%. The thing to keep in mind
More informationThe Skeleton Project Fletcher Jones Phil Smith, CEO, Fletcher Jones
TRANSCRIPT The Skeleton Project Fletcher Jones Phil Smith, CEO, Fletcher Jones Hi. I'm Phil Smith and I'm the CEO of Fletcher Jones. Fletcher Jones is an apparel retail organisation that's been around
More informationForex Wealth Builder!
Dean Saunders..... 10 Minute Forex Wealth Builder! Building wealth in forex with 10 minutes a day. The 10 Minute Forex Wealth Builder and every word, sentence, and paragraph contained within are copyrighted
More informationSYNERGY Trading Method. CompassFX, 2009 www.compassfx.com Rev. 81009
SYNERGY Trading Method SYNERGY Method INSTALLATION Basic Synergy is designed to automatically download onto the C: drive of your computer. If your local drive is not the C: drive, please send an email
More informationRealistic Job Preview Family Services Specialist (FSS)
Realistic Job Preview Family Services Specialist (FSS) Carol Sideris: I m Carol Sideris, Director of the Division of Client Services, and I m delighted that you re considering a position with us. Over
More informationHow to Find Your Fortune in the Forex Markets by Tom Willmott
How to Find Your Fortune in the Forex Markets by Tom Willmott DISCLAIMER WARNING: Any and all trades discussed during this webinar are FOR EDUCATIONAL PURPOSES ONLY. Stock, option, futures, and Forex trading
More information1. HOW DOES FOREIGN EXCHANGE TRADING WORK?
XV. Important additional information on forex transactions / risks associated with foreign exchange transactions (also in the context of forward exchange transactions) The following information is given
More informationThe 12 Cardinal Mistakes Of Commodity Trading...AND HOW TO OVERCOME THEM By Walter Bressert
The 12 Cardinal Mistakes Of Commodity Trading...AND HOW TO OVERCOME THEM By Walter Bressert 1. Lack of a Game Plan. 2. Lack of Money Management 3. Failure to Use Protective Stop Loss Orders 4. Taking Small
More informationHow to Sell Your Municipals at the Right Price
How to Sell Your Municipals at the Right Price Back in the fifties and sixties, when the municipal bond market as we know it today was in its infancy, it was difficult to feel assured that you were getting
More informationHow To Be Successful At Trading Forex
Regulated by CySEC 185/12 01 Traders often fail because they don t learn from mistakes. Keep a diary of trades to discover what works and what doesn t. 02 Don t set a stop loss order too close to the opening
More informationDrunk Driving Vocabulary Lesson
Hello and welcome to the vocabulary lesson for the conversation Drunk Driving. In this conversation, Joe and I are just talking about different friends or different people that we ve known that have gotten
More informationA: We really embarrassed ourselves last night at that business function.
Dialog: VIP LESSON 049 - Future of Business A: We really embarrassed ourselves last night at that business function. B: What are you talking about? A: We didn't even have business cards to hand out. We
More informationMock Sides, Volume 1: Original Scripts for Workshop Actors. Pimp Bobby. by David Dalton & Chad Schnackel
Pimp Bobby by David Dalton & Chad Schnackel Pages: 3+ Characters: 2 women Tanya, 25-30 Catherine, 40 s Synopsis: Catherine comes to pay her respects at the funeral of her ex-husband, Robert. But it s not
More informationContents Risk Disclaimer... 3 Introduction... 4 Choosing the Right Broker... 4 The Financial Markets... 5 The Forex Market...
Contents Risk Disclaimer... 3 Introduction... 4 Choosing the Right Broker... 4 The Financial Markets... 5 The Forex Market... 6 Trading methodologies... 7 Developing a trading strategy... 8 Risk Management...
More informationSwing Trade Warrior Chapter 1. Introduction to swing trading and how to understand and use options How does Swing Trading Work? The idea behind swing trading is to capitalize on short term moves of stocks
More informationHow to achieve long term profits with. By NIKOS MERMIGAS
How to achieve long term profits with By NIKOS MERMIGAS All rights reserved 2012 www.spartantraderfx.com Learn to understand the market behavior and charts first, follow the rules, treat your trading as
More informationWhether you re new to trading or an experienced investor, listed stock
Chapter 1 Options Trading and Investing In This Chapter Developing an appreciation for options Using option analysis with any market approach Focusing on limiting risk Capitalizing on advanced techniques
More informationEvolution of Forex the Active Trader s Market
Evolution of Forex the Active Trader s Market The practice of trading currencies online has increased threefold from 2002 to 2005, and the growth curve is expected to continue. Forex, an abbreviation for
More informationMortgage Guide and Helpful Tips
Mortgage Guide and Helpful Tips Dear Prospective Home Owner, Let me tell you that home ownership is one of the key ingredients to building wealth. Take any 100 people at the start of their working careers
More informationPhoenix from the ashes of destruction comes the birth of distinction
Phoenix from the ashes of destruction comes the birth of distinction users manual Phoenix trading software is a product of The Forex-Assistant What is Phoenix? In 2008 The Forex-Assistant released a new
More informationMITI Coding: Transcript 5
1 MITI Coding: Transcript 5 T: Randy, thanks for coming in today. I wonder if it would be ok if I shared just a few facts with you that I ve gotten from the intake worker. And then we can go on to talk
More informationGoogle Lead Generation for Attorneys
1 Google Lead Generation For Attorneys Leverage The Power Of AdWords To Grow Your Law Business FAST You re about to discover the secrets of fast legal practice success with Google AdWords. Google AdWords
More informationThis e-book is for educational purposes only. Nothing presented in this e-book should be taken as trading advice. Please read full disclaimer and
TABLE OF CONTENTS INTRODUCTION 3 MY BACKGROUND 4 THE MARKET MAKER CYCLE 5 FIGURE 2: THE ACCUMULATION PHASE 5 TRADING TIMES EXPLAINED 6 FIGURE 3: THE STOP HUNT PHASE 7 FIGURE 4: 24 HOUR MARKET MAKER CYCLE
More informationDon t Be a Gunslinger Kevin J. Davey www.kjtradingsystems.com
Don t Be a Gunslinger Kevin J. Davey www.kjtradingsystems.com Copyright Kevin Davey and kjtradingsystems.com. All Rights Reserved. Unlimited distribution without changes is permitted. I love shoot em up
More informationWhat is a day trade?
Greg Weitzman DISCLAIMERS THERE IS SUBSTANTIAL RISK INVOLVED IN TRADING AND IT IS NOT SUITABLE FOR ALL INVESTORS. A LOSS INCURRED IN CONNECTION WITH STOCK, FUTURES OR OPTIONS TRADING CAN BE SIGNIFICANT
More informationRISK DISCLOSURE STATEMENT
RISK DISCLOSURE STATEMENT OFF-EXCHANGE FOREIGN CURRENCY TRANSACTIONS INVOLVE THE LEVERAGED TRADING OF CONTRACTS DENOMINATED IN FOREIGN CURRENCY CONDUCTED WITH A FUTURES COMMISSION MERCHANT OR A RETAIL
More informationC. Retirement Plans a. 401(k) and 403(b)
MODULE 3: SAVINGS/ SPENDING PLAN 3-3: Start Investing Cast List Darryl Terri Drew Murphy, 45-50 years old, white male Alicia Bianca, 40-50 years old, white female Synopsis Darryl and Terri discuss investment
More informationForex Morning Trade. System manual. by Mark Fric
Forex Morning Trade System manual by Mark Fric Dedicated to Elisabeth, for her ongoing support. 2 Risk Disclosure & Copyright Risk Disclosure Statement Trading any financial market involves risk. This
More informationSession #1 Building a Trading Plan
Session #1 Building a Trading Plan Legal Disclosure Trading Currencies may involve high risk and, potentially, the loss of any funds invested. Investment information provided may not be appropriate for
More informationMoving on! Not Everyone Is Ready To Accept! The Fundamental Truths Of Retail Trading!
Moving on If you re still reading this, congratulations, you re likely to be in the minority of traders who act based on facts, not emotions. Countless others would have simply denied the facts, and moved
More informationExecution Policy. Page 1
Execution Policy The intention of this document is to set out Edinburgh Partners (EP) policies and procedures in relation to the management of trading and its associated costs on behalf of clients. This
More informationBasket Method Made Easy!
Trader101's Basket Method Made Easy! Retold by Icicle, with help from Nubchai, Alex84, Cliffedwards and Slade.[0] THE PHANTOM MENACE Set up a demo account (tutorials below [1]). This ghost account will
More informationBusiness Succession Planning
Business Succession Planning Tim Greenhill 2010 IIR Holdings, Ltd. All Rights Reserved. The Forum Corporation. Questions How do you value your business today What has changed in recent times in the way
More informationChapter 1 Introduction Disclaimer: Forex Involves risk. So if you lose money you can't blame us we told you trading involves risk.
By Casey Stubbs -Winners Edge Trading.com Table of Contents Chapter 1. Introduction Chapter 2.. Trading Plan Chapter 3.. Money Management Chapter 4. Moving Average Strategy Chapter 5. Stochastic Strategy
More informationConnectedness and the Emotional Bank Account
Connectedness and the Emotional Bank Account Directions This is a self-guided activity that can be completed by parents, teens or both. It contains five parts and should take about 45 minutes to complete.
More informationGoogle Lead Generation For Attorneys - Leverage The Power Of Adwords To Grow Your Law Business FAST. The Foundation of Google AdWords
Google Lead Generation For Attorneys - Leverage The Power Of Adwords To Grow Your Law Business FAST You re about to discover the secrets of fast legal practice success with Google AdWords. Google AdWords
More informationIf you need a trading buddy ping them during the NY session and see if they are willing to take the time away from their own trading.
TRADING TIPS... 1 Summer 2012 GETTING THE MOST FROM OUR CHARTS... 2 What is your plan... 3 H S I testimonial... 4 Struggling /purpose... 5 ProAct HELPING FOREX TRADERS BECOME SUCCESSFUL IN THE FOREX WWW.PROACTTRADERS.COM
More informationA Manual for New FOREX Traders
FOREX Tradiing 101 A Manual for New FOREX Traders Table of Contents I. INTRODUCTION... 1 II. LEGAL RISK WARNING DISCLAIMER... 1 III. INTERNET INFORMATION DELIVERY SYSTEMS DISCLAIMER... 1 IV. WHAT IS THE
More informationA future or forward contract is an agreement on price now for delivery of a specific product or service in the future.
LESSON WHAT IS TRADING? Nothing would last for as long as trading has unless there was an absolute need for it. Consumers need things and producers make things. Trading is the introduction of these two
More informationMammon and the Archer
O. H e n r y p Mammon and the Archer OLD ANTHONY ROCKWALL, WHO HAD MADE millions of dollars by making and selling Rockwall s soap, stood at a window of his large Fifth Avenue house. He was looking out
More informationTerms and Conditions 2015/16
Terms and Conditions 2015/16 These are the terms and conditions according to which the customer's account will be opened and run in order to execute currency trading deals and other financial instruments
More informationThe Magic Momentum Method of Trading the Forex Market
The Magic Momentum Method of Trading the Forex Market WELCOME! Welcome to one of the easiest methods of trading the Forex market which you can use to trade most currencies, most time frames and which can
More informationOrder Execution Policy
Order Execution Policy Introduction Colmex Pro Ltd (hereinafter called the Company ) is an Investment Firm regulated by the Cyprus Securities and Exchange Commission (license number 123/10). Following
More informationGetting Started With Forex Trading: A Forex Primer. Member NASD, NYSE, SIPC, and NFA
Getting Started With Forex Trading: A Forex Primer Member NASD, NYSE, SIPC, and NFA 1 Important Information and Disclaimer: TradeStation Securities, Inc. seeks to serve institutional and active traders.
More informationLecture 1: The Options Market and Options Trading
Lecture 1: The Options Market and Options Trading Before you trade options, it is essential that you have a good working knowledge of how to evaluate stocks and the underlying factors that influence share
More information7 Secrets To Websites That Sell. By Alex Nelson
7 Secrets To Websites That Sell By Alex Nelson Website Secret #1 Create a Direct Response Website Did you know there are two different types of websites? It s true. There are branding websites and there
More information