Rich or poor, it doesn't matter much, in the end, we're all the same ... "On the highest throne in the world, we still sit only on our own bottom." — Michel de Montaigne Photo Source: New York City Skyline Photograph by Jim Richardson, National Geographic
Market conditions change over time, prices are dynamic and constantly changing, and no trading day is ever exactly the same as the previous one. Volatility fluctuates and sometimes the market can seem quiet for a long time, only to erupt in a flurry of activity soon after. When the market becomes quiet for a while, I get a lot of people writing in, quite emotional, asking if there’s something “wrong with price action”. The fact is, there’s never anything ‘wrong’ with price action, ...
Does Anyone Outside Silicon Valley Even Want a Smartwatch? In the past week, I’ve been called “Inspector Gadget” twice, had a near-calamitous accident involving spray-on sunblock, and felt my arm vibrate so often I started treating it as a phantom limb. All because I’m part of the latest tech trend, a bona fide phenomenon in Silicon Valley that is inspiring the kind of pants-wetting excitement usually reserved for new iPhones ...
Updated 07-14-2014 at 03:35 PM by TechnoMeter
Trader and investor perception vs reality Have you ever felt the need to be on guard when buying a car, major appliance, new home, or anything that involves a sales person? Or, have you ever had a career in sales which means spending weeks if not months in advanced training sessions where the entire goal of the training is how to convince someone that they should pay $1000 for something that is really worth $200. When you’re the seller, it’s almost ...
Originally Posted by newdigital Flash Boys by Michael Lewis Flash Boys is about a small group of Wall Street guys who figure out that the U.S. stock market has been rigged for the benefit of insiders and that, post–financial crisis, the markets have become not more free but less, and more controlled by the big Wall Street banks. Working at different firms, they come to this realization separately; but after they discover one another, the flash boys band together ...