Thursday, 30 June 2016

Food for Thought - 031

"Be a trader of your signals not cheerleader of your bias." - Steve Burns

In my definitions also a trader is someone who follows his signals from the market and rest are speculators, betting on their best guess. Although highly selective speculators also have chance of making money but traders will do better finally. Proof is 80%+ volume in Nasdaq is generated by algo-trading computers. - Kamlesh Uttam

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