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In the pits, must see video Print
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It's all about the psychology...

"It's not what you make - It's what you don't lose"

Joseph Gibbons, former floor trader.

"Floored: into the pits" is a must see insight into the psychology of trading and how traders transitioned from the Chicago pits to screen trading. Anyone new to trading, and anyone who has traded for years will find the film compulsive viewing!.

 

From the blog

Stock Market Manipulation

Stock market manipulation

The second story is how the stock market is about to collapse. The story is getting a little stale now as each mini sell off leads to another rally. Is it because the US Fed has put on hold any more rate rises or is it because of the impending wonderful US-China trade deal, etc?

Back in 1982 stock market manipulation was made legal. Not all manipulation of course but just share buy backs by companies. US congress is now getting hot and bothered. They have only just realised that Trumps tax cuts, and offshore repatriation of overseas company profits, were spent buying back their own shares, not paid out as special dividends. And so they want to ban buybacks again.

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