| PDF Title | : | The Value and Momentum Trader |
| Author | : | Grant Henning |
| Language | : | English |
| Publisher | : | Wiley.com |
| Format | : | |
| Total Page | : | 269 Pages |
| PDF Size | : | 1.75 MB |
| PDF Link | : | Read and Download |
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“The appeal of the economy of abundance is linked to the view that goods and services will continue their explosion of availability at the same time that prices will continue to come down.
The notion of abundance is attributed to this development because there is the promise of infinite selection at prices approaching zero.
It is not hard to imagine this new scenario as we see a multiplicity of books available for discounted prices at Amazon, unlimited discounted movies available at Netflix, discount travel options available at Travelocity, viewing and viewer-producing options available for free at YouTube, buying and selling opportunities available at auction prices at eBay, and news information available free at Drudge Report or any one of a thousand other sites.
It is even rumored that the day is fast approaching when there will be zero commissions for the online trading of stocks and options. Perhaps the most empowering aspect of this new development is the abundance of information that is now available to us at no cost.
If information is power, then we must be the most powerful generation of all time. However, it is important to understand both the benefits and drawbacks of this development because these innovations will also affect the success of our participation in the trading of stocks.”
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