When I expressed caution to a trader last week and that the market exists to ruin the greatest number of amateur traders at any given time, the trader replied I don’t believe that. Another trader I expressed caution to about this market told me I have to just ride the wave higher.
Folks, your goal (Read More….)
Made famous by Michael Lewis’s book “Flash Boys,” the Chicago Stock Exchange plans to introduce a delay of 350 microseconds, or millionths of a second, on incoming trades. The idea is to thwart aggressive high-frequency trading strategies. The WSJ writes…
The Chicago exchange, which handles a sliver of U.S. stock-trading volume, says it wants to (Read More….)