It’s Not Your Father’s Day-Trading Anymore

4 min read

My father was a day-trader back in the 1960’s and 1970’s.  He was a member of the New York Stock Exchange and traded for his own account.  He worked on the floor of the exchange, knew all of the specialists (those rich guys who were obligated to make a market when no else wanted to) and he had a sense, borne of years of trading and participating in the chatter going on around him, where the market in any given stock was likely to go. Back then, stocks were traded in eighth’s of a dollar (12.5 cents) and a big…...

This article is free to read

Login to read the full article


OR

By subscribing to our main site, you will also be subscribed to DDIntel - our regular letter showcasing our featured articles and applications.

Andrew Ellis My goal is to enable people to invest more consistently and successfully with less stress by taking a very long term view of price performance.