Traders' Roundtable

I have found that plotting trend duration, the graph is skewed to the right, i.e. the stock market (using SPY as a proxy) doesn't tend to trend downward but drops in short bursts. Of course, there are some long downward trends, and if you can find one, it can be profitable.

When you open an account with a forex firm to do online trading, the firm is acting as a market maker, buying from all sellers and selling to all buyers. If half their customers go long and half go short, they make their money on the spread. They have no reason to deal with banks because their ...

Lind-Waldock still operates but is owned by Man