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But investors should not necessarily follow these traders' leads, and Mr. Chang gives several reasons why.
This paper presents a market microstructure model showing that an increasing number of information hierarchies among informed competitive traders leads to a slower information diffusion rate and informational inefficiency.
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A clash between the West's traders, led by Britain, and an inward-looking Qing dynasty was inevitable.
European settlement began with a band of Cape Colony traders led by Francis G. Farewell, who charted the port in 1824 and named the site Port Natal.
Foreign cults set up to serve the King's foreign wives and foreign traders led to charges of idolatry and apostasy by religious conservatives.
French fur traders, led by François Chouteau, traveled up the Missouri River from St . Louisand were the first permanent settlers in the area (1821).
On the other side are the free traders, led by Gary Cohn, the head of the National Economic Council, and Steven Mnuchin, the Treasury Secretary.
"I thought I was going to be part of an amazing team of professional traders led by a man named Merlin who was a magic man at reading stocks," said Alfie Shamroth, 45, of New York City, who was a Trading-places subscriber from March 1999 until July of this year.
Wrong-way bets on credit derivatives by a group of JPMorgan Chase traders led by the so-called "London Whale" caused more than $6 billion in losses last year and revived questions over whether some banks are "too big to fail".
The first regular contact between Europeans and the peoples of Indonesia began in 1512, when Portuguese traders, led by Francisco Serrão, sought to monopolize the sources of nutmeg, cloves, and cubeb pepper in Maluku.
He's also said that the U.S. "had another stark reminder that swaps booked offshore can send risk straight back to the United States" when JPMorgan suffered a $6 billion trading loss from swaps executed by its London branch by a group of traders led by the so-called "London Whale".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com