Milktrader

Iterating Until Convergence

Monday, September 20, 2010

Mind Your "Quote" -- Ps and q's

There is an important issue one must consider when trading foreign currencies, and that is whether or not to capitalize the noun in a tweet. Do you say Dollar or dollar? How about Yen or yen? It gets even more interesting when you throw Franc/franc, Pound/pound and Euro/euro into the discussion. Well for the record, the 16th edition of Chicago Manual of Style prefers the lower case. Surprised? You shouldn't be if you're paying attention and read the Wall Street Journal, Bloomberg or Forbes (actually, nobody reads Forbes but I needed a third reference for the sake of uniformity).

Minding your pints and quarts is an important matter when drinking in the old days. And as a trader, you should also be mindful of capitalization. You see, capitalization is important amongst trader types. It's also important to be observant. Because in the end, your edge is your ability to observe.

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