Q: Between your friends in the business which I know are many and through your mentoring have you discovered one personality trait common among the most successful? A: I think Dr. Brett's post on personality and trading success confirm what... more

Got an interesting press release this morning from the Nasdaq OMX Group, which runs the Nasdaq stock exchange. more

Stocks got pummeled Thursday, with the Dow, Nasdaq and S&P 500 losing enough to fall into "correction territory" - marked by a drop of more than 10% off the rally highs. more

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Asian stocks slump to their lowest levels in nearly nine months as bearish sentiment keeps a tight grip on markets more

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The bargain struck by Turkey and Brazil with Iran, if implemented, would see Iran transfer to Turkish custody a large proportion of its stockpile of enriched uranium. Reactions in Washington, London and elsewhere have ranged from condescension to intense irritation. Yet the off-stated ambition of w more

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IN THE communist era, the countries of eastern and central Europe were run by tightly knit clans. Connections, particularly those of your parents, mattered more than ability. The same kind of people held the top jobs in the ruling party, in government, in media and in commerce and industry. One of t more

Shares of Japanese exporters are among the hardest-hit in Friday’s Asian sell-off, on fears that European growth will slow and the yen will continue to appreciate against the euro. But some economists note that Europe isn't all that important for Japan. more

Most traders, from beginners to professionals, know that keeping a trading journal is an important aspect of trading as a serious endeavor or career. Keeping a trading journal however takes effort and is all too easy to just brush aside and ignore while focusing on other areas in your trading. In th more

The analogy I had been using over the past few months to describe the action in the market to my members is that of a majestic skyscraper, each story beautifully built, higher and higher to the heavens. Just one problem.. they skimped on the foundation.  So, as the glorious skyscraper neared th more

New worries about the health of the global economy drove U.S. stocks to their first official correction since the bull market began last March, roiling credit markets and causing big swings in currencies. more

It’s been a wild couple of weeks as the market retraced all of its “flash crash” losses and then proceeded to sink back down near the “flash crash” lows. As I suspected, the 50-day moving averages were the caps for the bounce. On the day of the flash crash I talked ab more

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