Efficient Trading: Economic News Forex Traders Focus on to Save Time & Confusion
I’ve been thinking about what the future has in store for investors and I’d like 2010to use this post to help clarify my thinking. Essentially, I’d like to hone in on what 2010 portends for online finance. I’m looking for some broader trends, as well as some company-specific prognostication.
Trend following commodity futures trading as well as stock traders were villified last year as speculators. Even George Soros came out with the statement that the rampant rise of crude oil was due to speculators. Trend following commodity trading advisors are speculators but they do not manipulate trends. On of the main principles of trend following is that there is a trend to follow.