Written by admin on October 19th, 2010
Cancellation
When a trader has an order at either the broker or exchange, and issues an new order to remove the resting order. During the time the cancel order is placed and the resting order actually being removed by the broker or the exchange, the cancel order will be in a pending state awaiting confirmation. If [...]
Continue Reading...Written by admin on March 4th, 2009
Richard Rhodes’ Trading Rules
I must admit, I am not smart enough to have devised these ridiculously simple trading rules. A great trader gave them to me some 15 years ago. However, I will tell you, they work. If you follow these rules, breaking them as infrequently as possible, you will make money year in and year out, some [...]
Continue Reading...Written by admin on February 20th, 2009
John Murphy’s Ten Laws of Technical Trading
Which way is the market moving? How far up or down will it go? And when will it go the other way? These are the basic concerns of the technical analyst. Behind the charts and graphs and mathematical formulas used to analyze market trends are some basic concepts that apply to most of the theories [...]
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