What gives? How can Wall Street be thriving when it seems virtually impossible for individual traders to get a foothold in the market? The answer lies in the misconceptions that too many amateur traders have about what trading is and what it entails.
Forces at work from Tokyo to Kiev have been roiling the U.S. stock market for a couple of week. But the financial sushi that is now on the menu in Japan, and Russia's "Crimea of the Century" are only part of the story.
Beyond this case, a new question needs to be addressed: how accountable are the superiors of failing employees? Are employees supposed to second-guess the instructions they receive from their superiors?
Historically, fat finger trades -- where a trader presses the wrong key or adds a zero too many on an electronic trading system -- were considered exclusive to equities markets. But they are now stretching their piggy little digits into other asset classes.