Malkiel argues that markets are largely efficient and that most active traders cannot consistently outperform passive index investing (DCA into index funds). Whether you agree or not, understanding this argument makes you a more self-aware trader. Steenbarger is a clinical psychologist who works with professional traders at hedge funds. It treats trading as a performance discipline — like athletic…

These changes reflect a dynamic and evolving capital market landscape, ensuring alignment with international standards and best practices. The document also addresses several other aspects, making it essential reading for market participants keen on staying updated with the evolving regulatory landscape. “While client requests for enhanced protection can be a significant motivator, many brokers al…