In finance, speculation is the purchase of an asset with the hope that it will become more valuable shortly. It can also refer to short sales in which the speculator hopes for a decline in value.
In finance, technical analysis is an analysis methodology for analysing and forecasting the direction of prices through the study of past market data, primarily price and volume. As a type of active management, it stands in contradiction to much of modern portfolio theory. The efficacy of technical analysis is disputed by the efficient-market hypothesis, which states that stock market prices are essentially unpredictable, and research on whether technical analysis offers any benefit has produced mixed results. It is distinguished from fundamental analysis, which considers a company's financial statements, health, and the overall state of the market and economy.
Day trading is a form of speculation in securities in which a trader buys and sells a financial instrument within the same trading day, so that all positions are closed before the market closes for the trading day to avoid unmanageable risks and negative price gaps between one day's close and the next day's price at the open. Traders who trade in this capacity are generally classified as speculators. Day trading contrasts with the long-term trades underlying buy-and-hold and value investing strategies. Day trading may require fast trade execution, sometimes as fast as milli-seconds in scalping, therefore direct-access day trading software is often needed.
Jack Schwager is a trader and author. His books include Market Wizards (1989), The New Market Wizards (1992), Stock Market Wizards (2001) and Unknown Market Wizards: The best traders you've never heard of (2020). He is a well-known author, fund manager and an industry expert in futures and hedge funds. He's published a number of books, such as Market Wizards.
Richard J. Dennis, a commodities speculator once known as the "Prince of the Pit," was born in Chicago, in January, 1949. In the early 1970s, he borrowed $1,600 and reportedly made $350 million in about six years. When a futures trading fund under his management incurred significant losses in the stock market crash of 1987 he retired from trading for several years. He has been active in Democratic and Libertarian political causes, most notably in campaigns against drug prohibition.
Commodities Corporation was a financial services company, based in Princeton, New Jersey, that traded actively across various commodities. The firm was noted as one of the leading commodity and futures trading firms. CC is credited for launching the careers of many notable hedge fund investors and for its influence on global macro investing.
Lawrence D. Hite is a hedge fund manager who, along with Ed Seykota, is one of the forefathers of system trading. He is the author of the book, The Rule: How I Beat the Odds in the Markets and in Life—and How You Can Too, which was named a Wall Street Journal, LA Times, and Porchlight Books bestseller.
William Eckhardt is a trader.
Trend following or trend trading is a trading strategy according to which one should buy an asset when its price trend goes up, and sell when its trend goes down, expecting price movements to continue.
Richard Davoud Donchian was an American commodities and futures trader, and a pioneer in the field of managed futures.
CAN SLIM is an acronym developed by the American stock research and education company Investor's Business Daily, intended to represents the seven characteristics that top-performing stocks often share before making their biggest price gains.
Howard Lindzon is a Canadian Author, financial analyst, technical analyst and super angel investor. Lindzon manages a hedge fund, serves as managing partner of the holding company Social Leverage, limited partner at Knight's Bridge Capital Partners, and is the co-founder of StockTwits. Lindzon was named one of The Best Tweets for Your Money in 2013 by Barron's.
Lex van Dam is a Dutch investment manager, investor, and writer specialising in trading in equities, currencies and financial derivatives. He lives in London.
Social trading is a form of investing that allows investors to observe the trading behavior of their peers and expert traders. The primary objective is to follow their investment strategies using copy trading or mirror trading. Social trading requires little or no knowledge about financial markets.
Peter F. Borish is chairman and CEO of Computer Trading Corporation (CTC), an investment and advisory firm. Borish sits on the board of CIBC Bank USA. He is also a partner in Adam Hoffman's natural gas options trading team at Torsion Technologies, LLC. and a Partner of Quantrarian Asset Management
Trend Following: Learn to Make Millions in Up or Down Markets is an international bestseller written by Michael Covel. It is about the investment strategy known as trend following, which uses the market trend mechanism and benefits from both sides of the market, enjoying profits from ups and downs of the stock or futures markets.
The Complete TurtleTrader: How 23 Novice Investors Became Overnight Millionaires (2009) is an international bestseller written by Michael Covel. Covel recounts the story of Wall Street’s Richard Dennis and his disciples, the Turtles.
Michael Dever is an American businessman, futures trader, and author. Dever is the founder and CEO of Brandywine Asset Management, Inc., an investment management firm founded in 1982, and he is the author of the investment book "Jackass Investing: Don't do it. Profit from it."
Brandywine Asset Management, Inc. is an American investment management firm founded and managed by Michael Dever. The firm is registered as a commodity trading advisor.
Jackass Investing: Don't do it. Profit from it. is a book written by Michael Dever published by Ignite LLC in 2011. Dever is the founder and CEO of Brandywine Asset Management, Inc., an investment management firm founded in 1982.
