Today, the forces of competition, technology, and globalization have converged to spur innovation and to transform the way business is done in the securities industry.

Personally I don't think day traders are speculating, because traditional speculation requires some market knowledge. They are, instead, gambling, which doesn't.

Over the past two decades, we have clearly seen an erosion of ethical values.

George Orwell once blamed the demise of the English language on politics. It's quite possible he never read a prospectus.

One way for investors to protect themselves from a rapid change in the price of a stock is to use a limit order rather than a market order.

Another misconception is that an order is canceled when you hit 'cancel' on your computer. But, the fact is it's canceled only when the market gets the cancellation.

Although the Internet makes it seem as if you have a direct connection to the securities market, you don't. Lines may clog; systems may break; orders may back-up.