FIN 494 1-22-19.docx - Life Lesson \u201cDon\u2019t waste your energy on gossip issues of the past 9 things you can\u2019t control Must invest your energy in the

FIN 494 1-22-19.docx - Life Lesson “Don’t waste your...

This preview shows page 1 - 2 out of 2 pages.

Life Lesson “Don’t waste your energy on gossip, issues of the past, 9 things you can’t control Must invest your energy in the positive present moment. Trading Tip (A) Don’t take phone solicitations, direct mail or email newsletters touting unknown companies. (B) Resist urge to buy penny stocks or hot (C) Do not trade complicated strategies labeled for more advanced traders (D) Do not use market orders Brokers and Dealers- Things you can’t control and things you can (Make a T-chart) Brokers asks on behalf of others as an agent earning commission. A dealer trades to their own accounts and acts as a principle and receives its incomes from the markups. Dealer can assist limit order markets (act as a specialist) or act as the sole dominant trading mechanism. Glass Steagall act- 1929 stock market crash and during a nationwide commercial bank failure and the Great Depression, two members of Congress put their names on what is known today as the Glass - Steagall Act (GSA). This act
Image of page 1
Image of page 2

You've reached the end of your free preview.

Want to read both pages?

  • Spring '09
  • HARTLEY

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes