Jake Bernstein – Why Traders Break the Rules

Twitter It!Periodically, we like to post articles by industry veterans like Jake Bernstein, which could contribute to improve the trading discipline of our clients and readers. During volatile times like this, this could help us navigate our way through the markets.
An Article by Jake Bernstein
Why Traders Break the Rules
www.trade-futures.com
In my nearly 40 [...]

Ever heard of Jerome Kerviel? Bernanke would probably like to meet him.

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I had never heard of him either…..until last week.  He was the trader who single-handedly caused a world of chaos on Martin Luther king day here in the US.  That same day, I stopped by the office early that morning, just to catch up with some office work and as soon as I walked [...]

And then the market fell….

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Let me tell you, it’s not pretty sitting in front of the quote machine, these days.

I have been wanting to write this blog for quite some time, because like every other investor I am clinging to the sense of hope as I am looking for a bit of positive news.

On the equities side, [...]