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How a retail investor can trade economic data
If you weren’t convinced before, you should be now. It’s always been known that institutional firms have faster connections and quicker execution than retail investors, giving them a decided advantage when trading market-moving economic news. But now, with revelations the University of Michigan’s consumer sentiment report, and other economic data, gets sold to some investors early, what can a retail investor do? “Retail investors who think they can be good short-term traders are kidding themselves,” said Cromwell Coulson, president and CEO of OTC Markets Group Inc. “They should consider economic reports ... (full story)
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When the facts change I change my mind, what do you do sir
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