At its most simplistic, it attempts to describe the human thought processes invoked by experienced, non-disciplinary traders as they observe and trade their markets.
A more experienced trader will have their own well-defined entry and exit criteria, built from experience.
The less experienced trader (usually indicated by their feedback or trade history) sends their half first.
It includes banks, stock exchange firms, commodity brokers and discount houses, together with experienced individual traders, locals, who trade on their own account.
Said to be an experienced trader and a man of integrity, he worked at improving conditions, but had much ground to make up.
"Eric Beale was an experienced trader, and this trade was under his control."
I used to tell myself when I started trading that I'd never have those kinds of days, like the experienced traders around me.
After all, trading stocks profitably is a mighty difficult business that has humbled even the most experienced and knowledgeable traders.
As a result, spreads between the bid price and the asking price tend to be so wide that even experienced traders steer clear.
These two officers were flanked by the assembly of the eldest, non necessarily old in age, but most experienced traders.