In this video Stephen Story (FX Trader, Author, and Coach) gives tips and advice regarding what kind of broker the beginning Forex trader should employ. Your forex strategy and forex trading system is totally effected by the kind and type of broker you employ. Part of being a forex strategist is knowing who you are trading against on the other side.
Securities and Exchange Commission Chairman David Ruder is warning of a potentially dangerous “meltup” in stock prices that could set the stage for a precipitous fall. Ruder, speaking in New York Friday, a day after announcing his resignation, said a resumption of program trading by some brokers and dealers on their own behalf and by institutional investors raised the possibility of an overheated stock market. forex coaching
Reuters.
Full text: [Chicago Tribune (pre-1997 Fulltext)] May 21, 1989
L.A. Gear Cites Ad Costs as Net Slides 35% in Quarter
L.A. Gear, which stubbed its toe after racing to become the nation’s No. 3 sneaker firm, said Thursday that third-quarter earnings were off 35% from last year’s pace. It was the second straight decline in quarterly earnings for L.A. Gear, which until this spring had enjoyed galloping profit growth since becoming a public company in 1986. The company also projected that profits for the fourth quarter and the entire year will be off from 1989. Earnings for the quarter ended Aug. 31 totaled $14.3 million, despite sales that climbed 40% to $300.3 million. The company, in a news release from its headquarters in Marina del Rey, said higher advertising expenses and the over-all slump in retailing lowered profit in the third quarter and will do the same in the fourth quarter. (excerpt) forex coaching