Am I too of negative soul in this column towards trading and the financial industry ? This claim came from a German reader that in a polite way dropped an email  underlining  that trading is much more nicer than I paint it. Yes, he is right. Much nicer if you know to do it. Otherwise [...]

Seasonality is really useful for detecting profitable opportunities on the markets ? It seems absurd but it is. Even the good serious econometric theory shows without any doubts that markets have a seasonal trend. This is obvious if you think that the meteorological cycle, the human, vegetal and animal life cycles all have an impact [...]

Today I want to know who is the “biggest swinging dick in town”, as Martin Schwartz writes in “Pit bull: Lessons from Wall Street’s Champion Trader” (Collins, 1999), a book by the way I recommend everybody to read. Don’t worry, this is only a philosophical question, not a sexual one. I want to investigate today [...]

Options trading remains the most glamorous activity of the financial markets. The common idea is that the options trader is not suffering any pain to make money. If the scalping seems immediately even to a not accustomed eye a profession dominated by frenzy and stress, option trading remains something that lure the audience with a [...]

OPEN TRADERS
Before the success of Globex trading, everything was at the right place and in the right order. There was the opening price, the closing price, and the world was quite orderly. Then suddenly everything has changed: from pit trading we went to electronic trading, from the ancient world to the new one. And traders [...]