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• The Highs And Lows Of Trading by Edward Robert Florez

  ARTICLE SYNOPSIS ...The Highs And Lows Of Trading by Edward Robert Florez Here's a war story that illustrates some mistakes that all traders have made at one time or another -- and should keep in mind.. The best-laid plans and analysis can become catastrophically skewed when conditions change and you do not lessen your risk. Back in 1980, during President Jimmy Carter's last year in office, speculation was rampant that interest rates would have to go down in order to benefit the President's reelection campaign. By then, interest rates had already had a dramatic and unprecedented rise. A year or so before the N...

AUTHOR: Edward Robert FlorezDATE: MAR 2000SUBJECT: War Story