The greatest market traders of all time

http://www.timesofmalta.com/articles/view/20160523/business-features/the-greatest-market-traders-of-all-time.613051?utm_campaign=Contact+SNS+For+More+Referrer&utm_medium=twitter&utm_source=snsanalytics

markets now

Following the release of the minutes on Wednesday, Fed funds futures rates showed that investors doubled the likelihood of a rate increase from the Fed in June, to 34 percent from 17 percent, according to CME group's FedWatch tool.

However, on Thursday markets rebounded from Wednesday's sell-off, and priced down the odds of a Federal Reserve interest rate increase after remarks from New York Fed President William Dudley.

The likelihood of a June interest rate hike fell to 26 percent after Dudley's speech on Thursday.

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Trading

"Identifying a pattern is a relatively easy task in which to gain competence. Trading a pattern once identified – now that is a horse of a different color.

How many times have you heard another trader say (or said to yourself): “I knew that stock XYZ was going to go up, and it did, but I did not make a dime on the move?”

Trade signaling, in my opinion, is far less important to net profitability than is proper trading tactics and aggressive risk management protocols."