This is not your Grandfathers Gold Market
For years, we have all seen advertisements on TV and in the newspapers telling us to buy gold. We’ve been told that it is a safe investment. For the past 12 years, for the most part, it has been, depending…
For years, we have all seen advertisements on TV and in the newspapers telling us to buy gold. We’ve been told that it is a safe investment. For the past 12 years, for the most part, it has been, depending…
In the late 1980’s, my venture into the trading world began in the Gold pit on COMEX. The first day was the Friday before Memorial Day weekend. I walked in and noticed that being in the pit with a badge…
As President of Sterling Commodities, part of our risk management for the Clearinghouse was to go over all of the traders accounts every night. We needed to watch and analyze their trading patterns so that we could tell when it…
This goes for the all types of traders, from the smallest to the largest. Once a position is established long or short, it’s best to test and test often. Let’s go with the long position for this example. Looking at…
As the only exchange Board member in the world that voted against electronic trading, I ask you: As traders and investors are we better off now with electronic trading then with open out cry? Electronic trading volumes are down. They got…
Reposted. This original article was posted on CNBC’s website yesterday. Forget the “fiscal cliff.” The real panic on Wall Street is over Apple’s stock. Nearly every mutual and hedge fund has piled into Apple [AAPL 525.62 -11.26 (-2.1%) ]during its…