Sep

11

Trading CatalystsTrading Catalysts by Robert Webb is a worthwhile read. The author discusses market reaction to events like geopolitics, weather, intervention by policymakers, economic reports and fat-finger trades. The important message is that the market reacts inconsistently to similar senarios, and this in itself ought to be of value, espcially to a novice trader. the author recounts some of these events, in detail, recounting intraday price moves and then the subsequent days' price moves. Of course it is not possible to detail every catalyst, and one could criticize it for this; also, we have to take the author's word and interpretation for each topic. But for $25, let's not get too carried away! For those willing to turn the pages it will likely offer a few ideas.


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