Free Site Registration

The Master Trader

Traders Magazine, August 2002

Editorial Staff

Whereas an ordinary trader often spends most of his time watching the price action on the tape, the master trader looks beneath the surface and tries to understand more about the fundamentals of a company and the relevance of catalysts such as earnings announcements, brokerage house upgrades or downgrades, and other newsworthy events that may affect the price of a stock. When he sees something happening on the tape, he tries to understand the implications of events. He is looking for the real explanation of what is going on and recognizes the importance of understanding the underlying issues. He wants to know whether a company is managing its business well and listens carefully and skeptically to reports of company representatives, as well as Wall Street analysts, so as to form an educated view about the direction of a company and its stock.'

Get access to this article and thousands more...

All TradersMagazine.com articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.

Already Registered?

Advertisement

Advertisement