Posts

Reading lengthy annual reports and keeping an eye on all monthly, quarterly and annual figures, isn't that the job of a day trader on the stock exchange? “No”, says top trader Rob Kamsteeg.  He explains what his job entails: “If the movement goes up, I buy, if it goes down, I sell. This usually happens between one and ten minutes. I sell as soon as something happens.” This experienced trader does not make predictions. “I don't know what's happening, nobody knows. So I look at what the market is doing and go along with it. The market decides.” investing The work is therefore completely different from when individuals start investing in shares, because then you start looking for the longer term. This is a different strategy and I am not interested in that. “I buy or sell a stock because I think it's going to rise or fall in the next few minutes. Then I can make money. I am not interested in what the stock will do in a month...