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The Last Trade

Author John William Yee
Publisher Outgoing Pr
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19.95 USD
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Book Details
PublisherOutgoing Pr
ISBN / ASIN1896212123
ISBN-139781896212128
AvailabilityUsually ships in 24 hours
Sales Rank5,660,459
MarketplaceUnited States 🇺🇸

Description

In April 1997, the unthinkable took place in Toronto's financial community... The Toronto Stock Exchange's decision to close the Trading Floor had became a reality.

As John William Yee explained, "It's hard to describe it after it is gone. And if I'm going to start rambling on about trading rules and regulation, the different products that are traded, the members, et cetera, you will probably be well versed with what goes on around the Trading Floor but not what takes plce on the Trading Floor."

You will feel the intense emotions that comes with the territory. For example, what's it like to be trading in the "futures pit" and lose $15,000 while you are trying to learn the ropes? What's there to prevent you from doing something with the short end of it? How else can you deal with the pain? Or what's it like when you think you got all the answers after 27 years of trading when all of a sudden your conservative method fails to work against market forces which you have no control? How do you deal with the frustration? Or what's it like to accumulate $20,000 from trading stocks only to lose it all in futures? Those are some of the actual situations you will find in The Last Trade.

You will also learn strategies about what to do when you are losing money as well as how to make money. It worked for the dozens of "pros" who remained on The Floor of the Toronto Stock Exchange before it closed. That means they must be doing something right. You can learn and profit from their insight.