Having a feeling of Dejavu, while I am writing the post Takings from my last post A Prop Trader or Rogue Trader and my past posts on the same topic The Rogue Trader or The Rogue Banks and TO BE A ROGUE TRADER would like to share few more views over them. As I reveled in the past that prop trader don’t trade on behalf of clients but they use institution own money to trade.They speculate and their focus are is emerging markets.
The two principles on which they work : Continue reading “Prop Traders – Dejavu”
Before I start the discussion, I would like to open the discussion How many people do you know that are as successful as they want to be do not take responsibility for their actions?
They always have excuses to succeed not fail.You know if something is not working do not go down with the sinking ship. Have a reason for everything you do so you can learn from it. Trading is hard because what is written in stone one day is thrown out the next.
Here is just one of the conversation with trader, which you never want you Continue reading “A Caveat Emptor for aspirants in Trading”