I’M SENT A LOT of emails every month from people who are trying to come to grips with errors they’ve made and problems they’re experiencing while trading. It’s so tempting to beat ourselves up when we stuff up a trade, isn’t it? If you’ve found your self-talk is suffering after taking a battering on the…
I came across this headline – Knight Capital Says Trading Glitch Cost It $440 Million $10 million a minute. That’s about how much the trading problem that set off turmoil on the stock market on Wednesday morning is already costing the trading firm. The Knight Capital Group announced on Thursday that it lost $440 million when…
Still no volume follow through. Widespread participation would be good. Given the mess the inhabitants of Wall Street have made of their own patch I dont blame the majority of people for not wanting to be involved. The perception that this is still a rigged game run by criminals still persists.
On the way back from the Gold Coast I had the chance to catch up with a mater who I had not seen for many a year. He once had the misfortune to sit next to me on a dealing desk – he has since recovered from that experience and gone on to successfully manage…
I have just returned from the Gold Coast aka the inappropriate tattooed bogan capital of Australia. Whilst there I spoke at the AIA Conference, caught up with some folks I knew, heard some interesting opinions and got a sense of peoples feelings about the markets. All in all….not bad. However, during one point in my…
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