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Day Trading For A Living :
I was reading an article today which maintained it is not possible to make money day trading. Naturally this piqued my interest because I day trade for a living and last time I looked I was doing OK. The article began by making the very valid point that the vast majority of day trading articles are not written by traders at all, but rather they are written by people marketing systems with hypothetical track records created with the benefit of hindsight. |
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Springdale, AR Bond Broker Phone Number And Address Directory
What is Bond Convexity ?
| Remember, as bond yields go higher, price goes lower. This relationship between price and yield has a convex structure in nature. The term used to describe this relationship is also known as convexity. Notice in the diagram below, we have drawn a tangent line a yield Y*. This tangent line is very similar to the concept of duration and represents the rate of change in price as interest rates change. When the steepness of this tangent line increases, so does the duration. |
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