There are many times in a traders career where he or she will get to a point where they realise that they are using all sorts of complex and elaborate systems to get in and out of trades only to find that nothing is working or that it takes too much time and effort to do all the analysis. Having too much knowledge and expertise is not necessarily a good thing in trading, one can get something called 'analysis paralysis' where you just confuse yourself with all the knowledge you have and end up d
November 7, 2011
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For those of you in the UK, I found this event which maybe of interest to you.... an opportunity to meet the original Rogue Trader, Nick Leeson. You read about these rogue traders in the news all the time with the recent one being the UBS guy, Kweku Adoboli and previous chap, Kerviel from Societe Generale.
Nick, however, was the original Rogue Trader losing over £800 million in 1995 and bankrupt Barings bank. He was sent to jail for 6 years in Singapore.
A film starrring Ewan McGreg
November 1, 2011
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