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syntrader
 

Registered: Sep 2012
Posts: 26

 

09-21-12 06:39 AM


Quote from nazzdack:

1) ?....Liar's Poker? Long live the 1980's and 1990's!
2) Salomon Brothers bond traders were operating in a completely different world compared to nearly everyone else in the market.
3) They didn't have to be concerned with trend lines, stochastics and market sentiment. They literally "created" the trend lines, stochastics and market sentiment with their trading activity.



Liar's Poker - one of the best trading books ever.

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murray t turtle
 

Registered: Dec 2001
Posts: 6272

 

09-21-12 06:40 PM


Quote from nutmeg:



I wonder if GS oil traders can predict people and then whoa! predict the market..


======================
No;
but some traders get experienced with probabilities.

Wisdom is profitable to direct.If they really could predict, they would own all the earth & never pay a fine

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