IMO, as with any other market, security prices only change due to an imbalance of supply and demand. MMs are just middle-men between buyers and...
It was driven by news. "Aviva was the highest riser just before close on Wednesday, after the Budget saw the chancellor reduce the tax advantages...
I may be wrong but I wouldn't have thought MMs had much effect on price. They make their money in the bid-ask spread, so I would have thought...
I was sure that's what you meant. It's just that, to me at least, your post didn't read like that. Incidentally, do you know who (or what) the...
I presume you meant "are competing"? If you read the hard-luck stories link I posted earlier, it's clear that's exactly what many of these people...
I am currently thinking about how to exploit the Obvious, and that's not so obvious. What I do recognise, though, is it's no use whatsoever me...
When I first stumbled across this thread I assumed the Obvious was something to do with the mechanics of trading. The OP said that, on their own,...
(Last session of talking to myself for a while) 3 words - no use whatsoever 4 words - no use what soever
My shrink warned me about that :D
It may help to go back to basics. http://www.economicstutor.com.au/page36.html
Step 1: Research
Time is important in several ways but do you think this is the obvious pre-requisite to trading any market that the OP was alluding to?
This contains the answer I would give to the OP's question. http://www.nmtf.co.uk/files/NMTF_Market_Trader_Start-Up_Guide.pdf
Apparently, it is what every trader has to realise.
[ATTACH]
2,3,10 (or 2,3,4,6)
To quote the OP:
3 words or 4 words. What is the obvious pre-requisite to trading any market (be it stocks, commodities, currencies or widgets)?...
Yes, the opportunity cost.
You can if you like because it should be obvious to everyone I'm not The Oracle. If you mean the "Why" then yes.
Separate names with a comma.