Will We Pay Dearly for Traders' Complacency?

Will We Pay Dearly for Traders' Complacency?

Steve Shobin began his Wall Street career in 1967 as a technical analyst in Merrill Lynch's Research Division. In 1993 he changed factories and joined Lehman Brothers again as a technical analyst. In 2000 Shobin joined the fledgling money management firm AmeriCap Advisers where he worked in multiple capacities -- research and marketing. Now fully retired Steve lives in Scottsdale Arizona with his daughter and tries to play the light bills by trading his own account. His mantra is "gameplan risk control and money management".I think it was Emerson who said "Foolish consistency is the hobgoblin of small minds." ...

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