Recent content by Soon2BTrader

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    It's the oil burse, stupid!

    I'd have to disagree here. You seem like someone who ascribes to theory and also believes that theory holds its form in practice. If that were the case, it wouldn't be theory, since reality is imperfect and introduces the human element. The dollar is the current global reserve currency. If...
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    The Proposed Iranian Oil Bourse

    I don't think jimmy is looking for a phd level thesis to disprove the theory presented in the paper. I for one think this is an extremely relevant topic about global hegemony and what major events may occur during the next 50 years. In case you haven't noticed, politics and economics are...
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    The Proposed Iranian Oil Bourse

    All of these factors you list are relevant to a higher-level understanding of international monetary flows, but they aren't the causes of the flows. It's like aninvestment bank and an entrpreneur who's built a steel business. The bankers are smart and know alot about how steel businesses trade...
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    advice needed

    If you're winning 80-95% of the time who cares that your risk/reward ratio is 4 to 1? I don't get it... You want to swing trade so that you win less often but can make $200 by only risking $70 - $100 dollars. That sounds alot more difficult than scalping. In addition, by swing trading you're...
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    Market Crash

    Be careful. No major influx of spec funds? The market is full os spec funds i.e. hedge funds. Have you missed the huge capital flows into and out of emerging markets recently? India, Iceland, Turkey, etc... Globally commodities realized a correction after huge bull run (said not to be over)...
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    Market Crash

    Managers of large pools of capital (pension, hedge, mutual funds) allocate their capital over a wide variety of assets, equity markets being only one of them, so there is room for further injection of capital into the equity markets. As for the total pool of capital available to be invested...
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    The Proposed Iranian Oil Bourse

    There are alot of counterarguments - but they don't address the authors arguments directly. Some of my coworkers look at his political views. He's been cited by other "radical" publications and thus loses credibility with the sort of people who believe what they hear on CNN and don't realize...
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    Market Crash

    Are you trying to say that technological progress in the US has stopped? I'm not sure what you mean by "speculation phase" of the us economy. There is a large amount of speculation in the markets. Are you differentiating between market speculation and economic speculation? Please explain.
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    The Proposed Iranian Oil Bourse

    Read that article, great article. This is a perspective that has been around since the commencement of the Iraq qar, but it's only now that the Iranian controversy is highlighting the disconnects and serious flaws in US foreign policy that academics and "reputable" intellects are beginning...
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    Need Advice! Career Decision: FNYS or ETF MARKET-MAKING or DAY-TRADING?

    Too late now. Last day is next week. =) As far as the run-around on the daytrading and high-frequency trades... I'll take that advice. So far the guys i'm going to be working with seem fairly successful, the partenrs all have advanced degrees but opt to trade, and have been trading for a...
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    Pre-Paid Variable Forward

    Well I'm not familiar with what institutional funds/hedge funds are buying b/c my desk only sells to Corporates, so the trades are much larger, but much less frequent. More like structured transactions rather than trades. You should be able to price a VPF on any options platform that lets you...
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    Need Advice! Career Decision: FNYS or ETF MARKET-MAKING or DAY-TRADING?

    Arnie, what's wrong with this time window? If I can't make solid progress within a year's time then it's time to move on. Are you suggesting that it will definitely take longer? Or that it's much faster than that? I'm curious. I went with the daytrading firm. FNYS is far from desparate to...
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    Spread-betting Anyone?

    I just learned about this, had no idea that there was a form of gambling/trading like this. I'm referring to guys like www.finspreads.com owned by IFX who runs on the LSE. At first glance it looks like casino-style gambling with futures0like leverage... amazing what kind of trouble you can get...
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    Pre-Paid Variable Forward

    Why do you want to price that? I'm curious. I work with structures like that, but I don't have anything I can send you. Are you looking at the options imbedded in a recent transaction?
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