Tuesday, February 02, 2010

Squawk Trader Top Secrets Video

Ben Lichtenstein; from TraderAudio, discusses how professional traders wait patiently for activity to come to them. He uses a good metaphor in comparing Professional traders in the pit to the "local" gamblers at Las Vegas. The Locals wait for the "tourists" that are in a hurry to make a bet (trade) before they leave to catch their airplane flight, and then they find opportunity there.


Harvey on 4:04 PM said...

Good metaphor fosho!

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