The 10 Commandments of Successful Traders

Man in business suit giving thumbs up

Source: Pixabay.com

We’ve all heard stories about people who suddenly start living lavish lifestyles after getting into trading. We’ve also watched TV ads of “revolutionary” trading platforms that promise us quick and easy income on the side. Of course, there’s much more to trading than just pouring money in and cashing profits out.

So, how does one become successful in this industry?

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CVS Health Corp Raises Its 2020 Earnings Guidance After Q3 Revenue Exceeded Expectations

Earnings analysis of CVS Health Corp for Q3 2020

Source: Pixabay

Reading time: 2 minutes

Last Friday, CVS shares were up by nearly 6% at market close on the news that the company has generated higher-than-expected income after it expanded its drugstore chain business to also include health services covering all needs – from basic health insurance to COVID-19 testing. In its latest earnings call, CVS Health Corp also announced a new CEO.

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5 more “fat finger” errors that (nearly) destroyed the markets

Sad person sitting on laminate flooring

Source: Pixabay.com | Photographer: HolgersFotografie

As we witnessed in our previous article on the topic, flash crashes can sometimes be sparked by typical human flaws, such as greed or carelessness. This time around, we’ll examine 5 extra cases where the markets crashed not just under the hasty fingers of nervous traders, but also due to some serious malfunctions in the automated trading software they used. However, before we do that, we should probably briefly explain something first.

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Business Impossible: How COVID-19 Led to the Bankruptcy of World-renowned Companies

Businesses gone bankrupt due to COVID-19

Source: Dreamstime

Reading time: 6 minutes

As expected, the unprecedented crisis, provoked by the global COVID-19 pandemic, led to significant economic problems and bankrupted many businesses of all sizes and in all economic sectors. 

Аccording to some estimates, the negative effects of the downturn have already outweighed those of the 2008 crisis. “I’m pretty confident we will see more bankruptcies this year than ever before,” recently commented for Fortune magazine James Hammond, CEO of New Generation Research – the data analytics company that runs Bankruptcy Data. 

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