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