Author: James

The Euro is now used by 19 countries throughout Europe, but what currencies did they use before? Timeline for the adoption of the Euro The European Economic and Monetary Union (EMU) is also known more casually as the eurozone, and consists of the 19 EU countries that have adopted the Euro as their currency. This club started with 11 countries in 1999, followed by Greece in 2001, Slovenia in 2007, Malta and Cyprus in 2008, Slovakia in 2009, Estonia in 2011, Latvia in 2014 and Lithuania in 2015. From 1999 to 2002, the Euro was only used for cashless transactions.…

Read More

Quantitative trading is a type of trading that uses mathematical models and statistical analysis to identify profitable trading opportunities. It involves using algorithms and computer programs to analyse large amounts of data and make trading decisions based on that analysis. Quantitative traders use a variety of techniques to find patterns in market data and predict future market movements. Quantitative trading is often used by large financial institutions and hedge funds, but it is also becoming more popular among individual traders. One of the key advantages of quantitative trading is that it allows traders to make more objective and data-driven trading…

Read More

While there are many successful quantitative traders out there, some have achieved greater fame and recognition than others. These individuals have made a name for themselves by consistently generating strong returns and pushing the boundaries of what is possible in the world of quantitative trading. Here we take a closer look at some of the most famous quantitative traders in the world. From hedge fund managers to academics, these individuals have all made significant contributions to the field of quantitative trading and continue to inspire and influence traders around the globe. What is Quantitative Trading? Quantitative trading, also known as…

Read More

Many people believe that you have to be some sort of mathematics genius to succeed as a trader. The truth is that while some maths skills are important, an advanced level of mathematical knowledge is not a requirement for success. As a Mathematics graduate, I threw all my mathematical weight into the ring when I started trading my own account. It made perfect sense, and I believed my maths background would be a huge advantage in my trading. I soon realised that there were a whole range of other skills that were more important. While maths skills can be helpful…

Read More

Margin Call is a 2011 film written and directed by J. C. Chandor. It stars Kevin Spacey, Jeremy Irons, Paul Bettany, Zachary Quinto, Simon Baker, Penn Badgley, Demi Moore, Mary McDonnel and Stanley Tucci. The film’s subject is the 2007-2008 financial crisis and it charts the pivotal 24 hours at the start of the crisis, detailing events at a large Wall Street investment bank. It has long been assumed that the investment bank at the heart of the film’s story is Lehman Brothers, or it is at least heavily based on Lehman Brothers. However, the film’s director has stated that…

Read More

Are you a calm trader or is your mind a swirl of emotions? Try this quiz to see what kind of trader you are. (It’s just a bit of fun so don’t take it too seriously!) 1. You go to the mountains for a week’s break and there’s no wifi. Do you…? A: Walk around with your phone in the air, trying to get a signal to check on your positions. B. Close all positions before going, no wifi is scary! C. Set your stops before going and just enjoy the break. 2. You get stopped out for a loss.…

Read More

Many of you will know of W. D. Gann. He was a very successful trader during his life, and developed a unique trading style, which bears his name. He was born in 1878, in Texas, and died in 1955. Gann’s books and educational resources are still used today, throughout the trading world, and he has a large following. But even if you don’t use his exact methods, it is still worth looking at his Golden Rules in more detail to see if as traders in 2022, we can learn anything about successful trading in today’s markets. So, without further ado,…

Read More

William O’Neil is a successful stock trader and the founder of Investor’s Business Daily. He is also the writer of several books on stock trading, including How to Make Money in Stocks and 24 Essential Lessons for Investment Success. William O’Neil was born in 1933. In 1958 he started work as a stockbroker at Hayden, Stone & Company, where he developed an investment strategy that made use of early computers. In 1960 he attended Harvard’s Program for Management Development and developed his now-famous CANSLIM strategy for picking stocks. William O’Neil © IBD/Glenn Larkin He bought a seat on the NYSE…

Read More

Born in 1942, Marty Zweig was a stock investor, investment adviser and financial analyst, who became famous in the 1980s for his no-nonsense approach to stock investing. Here we look at his life in more detail. Did Marty Zweig predict the 1987 stock market crash? The 1987 stock market crash took place on 19 October 1987. 3 days previously, on 16 October, Marty Zweig appeared on the PBS television show Wall Street Week with Louis Rukeyser, in which he said the stock market was heading for a crash. Marty Zweig © Getty Images Did Marty Zweig own the most expensive…

Read More

Jesse Livermore is arguably the most successful stock trader of all time, if not the most famous. Edwin Lefevre’s 1923 book, Reminiscences of a Stock Operator, was based on Livermore, and he also wrote his own book, How to Trade In Stocks, shortly before his death in 1940. What can we learn from Jesse Livermore as traders in 2023? Although he traded in the early 1900s, so much of Livermore’s wisdom is applicable to trading the markets today. Here are our favourite Jess Livermore quotes: 1. “There is nothing new in Wall Street. There can’t be because speculation is as…

Read More