| "The bubble market of the late 'Nine-ties
made everyone look like trading geniuses.
But in today's tougher market, more people are recognizing that
education is the missing ingredient." - Barron's, Theresa
W. Carey
"Bigger and Better?" reviewed by Theresa W.
Carey, Barron's
In the April 15th weekend edition of Barron's, Theresa W. Carey writes
in The Electronic Investor on page T6 that "The bubble market of
the late 'Nine-ties made everyone look like trading geniuses. But in
today's tougher market, more people are recognizing that education is
the missing ingredient."
Profiling the recent acquisition of direct access broker Datek by industry
giant Ameritrade, Carey illuminates the recent trend among brokerage
firms that cater to active traders and the price tags these accounts
demand. In combining forces, brokerage firms are hoping to retain and
attached these highly prized accounts by offering the right mix of account
services, trading platforms and margin interest rates.
Carey makes a point to highlight the ever increasing demand that traders
have for education by spending half of her time on the subject.
She specifically looks at the unique approach that Terra
Nova Trading, through is subsidiary MarketWise Trading School,
is providing to the marketplace through the use of technology.
With the help of MarketWise president David Nassar, traders
from around the world join a video-teleconference from the
comfort of their personal computers to watch the professional
trader and industry guru. Nassar spends an hour and a half
talking and answering questions about his approach to pulling
money out of the market while all the time trading real
money, real time.
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