Gibbons Burke of MarketHistory.com recently opined:

The market serves a valuable function in our economy not often talked about: It provides an efficient mechanism for transferring precious capital from those who are ill-equipped to steward its growth to those who are adept. A variety of market participants provide this service up and down the food chain. The financial markets are voluntary arrangements. No one is compelled to purchase a piece of trading software. No guns are involved in herding investors into seminars. Advisory letters are sent to those who willingly subscribe to them, and may be cancelled at will. Investors who avail themselves of these services without exercising due diligence and taking responsibility for their own actions are the true dangerous lot -- they are a danger to themselves. They blame others for their bad decisions and misfortunes; they delude themselves about the true nature of their problem, so the solution remains ever beyond their ken.
Gibbons Burke
MarketHistory.com

I attended a luncheon recently in La Jolla, CA where Paul McCulley of PIMCO spoke to the idea of a "stable disequilibrium" - a unique concept that helps to explain the volatile uncertainty facing traders across the globe. Paul is a great speaker. He could easily be a history professor ...

Trend Following is a form of technical analysis. However, it is not predictive technical analysis, but rather it is reactive technical analysis. This is key to understand.
Technical analysis must not be predictive or you will lose. Trend Following does not involve the use of RSI, ...

The bubble has burst on the equity market buy and hold dream as your retirement solution. You have to do more than simply trust someone else while only glancing at your pension statement once a quarter. It's your money. Watch over it. Don't pretend it's just retirement and ...

Trading like Warren Buffett is great if you bought 40 years ago. Today you canÂ’t rely on markets going up forever. DoesnÂ’t it make sense to have a plan based on more than human judgement?
Trend Followers don't look at balance sheets, care about P/E ratios or worry about earnings. ...

Floor traders can benefit from better understanding the methods employed by Trend Followers. Instead of relying on floor information and news, use the knowledge of Trend Following. Seeing Trend Following broken down makes all floor traders better prepared to profit from the actions of others. ...

Farmers know the benefits of trading and hedging. But do they know the techniques that speculators employ to take their hedging dollars away from them? Trading is a zero sum game after all.
TurtleTrader profiles great success stories like those of John W. ...

Day trading is a very difficult strategy to make profitable. For most people it is essentially gambling. There are stories about the easy road to riches via day trading, but most are BS and typically end in financial ruin.
Can shorter term trading (day trading) work? Yes, but you ...