For most of my career, being a trader meant being chained to your desk during market hours as it was virtually impossible to put on a trade on, actively manage it, or exit unless you were physically at your computer.
Commodities have been hit hard in 2015. Crude oil futures, precious metals, livestock, corn, soybeans, and wheat are all down year-over-year, with many posting double-digit declines.
Heading into year-end, it's your unsuspecting morning cup of Joe, the ICE coffee futures contract, that scores the dubious honor of earning the Biggest Loser award in the commodity arena. Through mid-November, ICE coffee futures plunged a whopping 35%.
This week many Americans will travel to be with family and to celebrate Thanksgiving. As we near Thanksgiving I thought I would share some of the many things at Tradovate that we are thankful for this year.
Kenneth Reid is an active futures trader and also coaches aspiring traders and professionals worldwide. He first traded stocks but made the switch to strictly futures finding benefits and an easier path to success with a focus on one market. He is a competitive tennis player and uses principles from sports psychology in his coaching practice. Dr. Reid completed his undergraduate work in engineering at Columbia University and has a Ph.D. in clinical psychology. He works with private traders through www.daytradingpsychology.com and serves banks and hedge funds at www.trader-analytics.com. We sat down with him to learn more.
Interested in the headline from CNBC, Your Money Your Vote, I tuned into the GOP debate Wednesday night like all Americans hoping to hear something positive for startups and small businesses and how it might help shape our new venture.