Net brings power to the people - Financial Times

From Timetotrade

The Managing Director of timetotrade, Dary McGovern, was heavily quoted in Financial Times on a article written by Peter Garnham and published on September 28 2009 12:34. Click to view the original article

“Trading strategies haven’t advanced that much in 100 years, but what has changed is that the internet has provided a platform for people to learn about the strategies applied by professional traders,” says Dary McGovern, managing director at Timetotrade, the portfolio management platform.

Now that technology has lifted some of the mystique from currency trading, he says, retail investors are realising that trends in the currency market are ideally suited to the technical trading strategies practised by a lot of individual investors.

Mr McGovern says that in many ways, currencies are easier to trade than equities, given that the FX market has greater liquidity and there are rarely shocks that move the markets between expected macro-economic announcements.

Furthermore, he says, currency markets are more equitable than other markets.

“The volumes involved in the currency market make it very hard to corner and macro-economic information that influences price movement is released to the market in an open and fair way. This is not always the case for other investment types.”



timetotrade Net brings power to the people - Financial Times From Timetotrade Jump to: navigation, search The Managing Director of timetotrade, Dary McGovern, was heavily quoted in Financial Times on a article written by Peter Garnham and published on September 28 2009 12:34. Click to view the original article “Trading strategies haven’t advanced that much in 100 years, but what has changed is that the internet has provided a platform for people to learn about the strategies applied by professional traders,” says Dary McGovern, managing director at Timetotrade, the portfolio management platform. Now that technology has lifted some of the mystique from currency trading, he says, retail investors are realising that trends in the currency market are ideally suited to the technical trading strategies practised by a lot of individual investors. Mr McGovern says that in many ways, currencies are easier to trade than equities, given that the FX market has greater liquidity and there are rarely shocks that move the markets between expected macro-economic announcements. Furthermore, he says, currency markets are more equitable than other markets. “The volumes involved in the currency market make it very hard to corner and macro-economic information that influences price movement is released to the market in an open and fair way. This is not always the case for other investment types.” Retrieved from "http://wiki.timetotrade.eu/index.php/Net_brings_power_to_the_people_-_Financial_Times" Help index timetotrade Home © 2005-2012 Sensatus (contact us)