Recent content by Kallen

I trade Eurodollar spreads, previously Euribor. Asking about strategies for trading spreads is a sure fire key to disaster. Training to trade spreads at an arcade (which makes its money from your comms) is also crazy. The only way to do it is to watch the market day in day out and understand the...

So the authors make more money than the traders? Or the successful authors make money than the successful traders? Or the successful authors make more money than the unsuccessful traders?

Using books I think all the points here are valid. My belief however is that books on systems/psychology etc are much more useful after the beginner stages once a trader has some experience of the markets. My advice for beginners would be to focus on understanding basic technical systems and...