“The bigger you are, the harder to trade.”
(New York Times, 1900)
In other words, when you trade with large amounts you have two big effects:
- first of all you trade with large amounts of money or securities and you can influence too much the price, in the opposite of the desired direction;
- secondly, the fear factor increases - the more you trade, the more you can loose and the more risk averse you become.
A comment today from FED delicately said that the US economy seemed to improve “modestly”. Well folks we all read the famous Alan Greenspan book “The Age of Unreason” and we know what this means in the FED jargon - that the economy is performing below expectations.
A simple search on this title over any search engine will show you the true power of the concept – there are 118,000 results only on Google. I don’t know if this because of the “Dummies” franchise or because of the number of traders willing to learn the ropes of the field. Certainly there is an incredibly high demand for this title and the reasons are simple – the demand for online currency trading is surging.
Well, we continue our previous blog about the website valuation methods and considerations… right now 
As mentioned in our previous post, the vast majority of the 11 million or so links can be summarized in two extreme positions:
We want to run this place like the cockpit of a jetliner, where you have hundreds of different instruments before you at all times and know exactly where you are.
Dan England (b. 1948) US CEO of C.R. England. ‘The Mavericks’, Fortune (June 1995)
The fewer data needed, the better the information.
Peter F. Drucker (b. 1909) US management consultant and academic. Management Tasks, Responsibilities and Practices (1973)
I’d always rather err on the side of openness. But there’s a difference between optimum and maximum openness, and fixing that boundary is a judgment call. The art of leadership is knowing how much information you’re going to pass on.
Warren Bennis (b. 1925) US educator and writer. Interview, Strategy + Business (July–September 1997)
Here we go again with one more doitinvest.com survey on how long might still last the current financial crisis / recession. Compared to the last two surveys we had a couple of months ago, this one seems to be pretty more optimistic. This optimism is fueled by the recent slow recovery of the stock markets (see the Dow Jones recovering sharply in the last two weeks), as well as by the pace of the bad news pouring in at a slower pace.
The financial investing experts surveyed by doitinvest.com point out at four main causes of their optimism:
The distinction between past, present, and future is only an illusion.
Albert Einstein (1879–1955) US physicist. Letter (March 1955)
Power tends to corrupt and absolute power corrupts absolutely.
Lord Acton (1834–1902) British historian. Letter to Bishop Mandell Creighton (5 April 1887)
