Recent content by Teresa_Lo

It occurred to me that maybe the advantage of working in a firm that actually trades is the fact that at least there is a method and discipline. You can also learn from people who have been doing it for a number of years. Emulate good traders. Fade bad ones. If you go into it stone cold...

I think it was in one of the Schwager Market Wizard books where he interviewed William Eckhardt, and to paraphrase him: "If you know what you're doing wrong, stop it. If you have no idea why you're losing money, then it's hopeless." It makes total sense to me, but I have seen a lot of...

If you want to go into trading, unless you can get into a big Wall Street firm that has a division that engages specifically in the activity, you will be disappointed by becoming a broker or a desk trader, etc. I spent 12 years in the brokerage business, and you know, all the money was made...