Recent content by MorganSys

Minimizing market impact...

750 long, 750 short He's hedged against USD movements He has exposure to the two countries I guess "fully hedged" is just referring to the USD...

It's easy if you work backwards. 2-4 and you win, because you can force 1 5 and you lose, because he ends with 2-4 6-8 and you win, becaues you can force 5 9 and you lose, because he ends with 6-8 ...

Nicely done... Pick out a relatively inconsequential statement, then, with the help of some creative logic, turn it into a bit of democrat-bashing. :p

:D

1. Key terms that, if you look up, may help: backward integration forward integration vertical expansion porter's five forces synergies organizational disfunction ...

http://www.nyse.com/productservices/nysearcaequities/1157018931977.html

You are absolutely correct. I meant to exclude those conditions by saying "in normal markets," but I guess normal markets might include those conditions :p.

If you are an addict...

I agree. Incorrect. What, exactly, is the difference between manipulation and "true manipulation?" It is not an accepted practice. It is not legal. They would shrug it off because it is not substantial enough. That doesn't make it legal or ethically acceptable (it is neither).

The appropriate sources would be the SEC and the NYSE... Not the NYSE (and not the ASX) (the SEC has regulatory oversight of the NYSE). However, the descriptions on the ASX were more appropriate for this message board than those I found at the SEC. I am aware of the SEC documentation. ---...

I said it was market manipulation. I didn't say he would get nailed for it. However, wash trades are a pretty egregious violation of securities laws. He wouldn't get away with too many of those. PS, Perhaps your posts would in general be more warmly received if you didn't start off...

madmunny, that was market manipulation x 2. 1. Placing buy orders with the intent of affecting the free market for the stock. From asx.com.au ... "Market manipulation describes a deliberate attempt to interfere with the free and fair operation of the market and create artificial...

Unfortunately, the reality is not so pretty. Prop looks bad on a resume. 1. It means the person did not receive training that is relevant to the position that they are currently applying for (if any training). 2. It means the person was not involved in anything very sophisticated...

Position-level stops are a ridiculous concept. You have to have a portfolio risk/reward reason for making a trade. ---- Notes: 1. Stops are not guaranteed to be executed at the desired price. 2. You should limit the sizes of both long and short positions (profitable and...