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  1. D

    Global Macro Trading Journal

    Bought more BRKB into this market decline. Now I got 10% outright, plus put shorts(which would force me to buy another 20%). I expect the Fed meeting to push stocks higher
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    Global Macro Trading Journal

    I'm betting a bit on Mike Bloomberg to win the US presidential election. I bet he would be the republican nominee (249-1 payoff) and that he would win (with any party) at 41-1 payoff. I think that's good value. I'm using betfair
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    Global Macro Trading Journal

    I thought this gap would get sold and then later the sell-off would reverse and then people would buy everthing. Didn't happen. Everybody is now on short covering mode (whether be the short sellers or the people underweight equities). Quite similar to October
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    Global Macro Trading Journal

    Markets acted with a huge lag. I guess the mistake that I did was not going into oil directly. I really thought it would go and push equities higher. It did but stocks struggled a lot more than CL or USO. Also, I trusted the oil move more so I could have perhaps stayed overnight and caught this
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    Global Macro Trading Journal

    http://www.bloomberg.com/news/videos/2016-01-22/nouriel-roubini-global-economy-not-back-to-2008
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    Does IB TWS include accrued interest in the net liquidating equity figure?

    This is very relevant for people that hold bonds, specially bonds with big coupons. You have to pay the accrued interest right away when you buy the bond. Then you get your money back plus an additional amount when you sell (assuming you held for more than 1 day) or when the coupon is paid...
  7. D

    Global Macro Trading Journal

    These lags make it tough to catch the bounce. If you remember back in the October rally, in the NFP day, the market took a beating right after the NFP number, it tanked for like 1 hour pre-market. Then it tanked and stayed in a range for another hour after the open. Then after 2 hours of this...
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    Global Macro Trading Journal

    In addition, when natural gas bottomed a while back, over the subsequent days, it ended up going quite a bit higher than most expected. I think that path is likely for oil as well.
  9. D

    Global Macro Trading Journal

    Today was a very frustrating day, day trading wise. There were three catalysts for a significant bounce, the Draghi comments (which in October lifted US equities for days), the oil reversal and into the close Kocherlakota tweeted an article saying that it was time for a U-Turn in Fed policy...
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    Does IB TWS include accrued interest in the net liquidating equity figure?

    "Accrued interest is not included in the NLV until payment." - IB
  11. D

    Global Macro Trading Journal

    Bounce is fizzling out. i will monitor it intraday and add/cut bonds/SPY as the price dictates. wont be able to alert as these things change too quick
  12. D

    Global Macro Trading Journal

    Oil cant tank on bad news. likely short-term bottom for stocks and oil
  13. D

    Global Macro Trading Journal

    So I applied the bond idea (overweight duration in stable periods, underweight in panics) by going into 0 duration (cash). I will gradually add it back as the bounce goes on. Overnight session should give a clue on whether this has true legs or if just tanks back down like the last time
  14. D

    Global Macro Trading Journal

    sold my bonds into this panic
  15. D

    Global Macro Trading Journal

    http://www.valuewalk.com/2016/01/ray-dalio-asymmetric-risk-around-the-world/
  16. D

    Mac / Windows

    just one example, my macbook pro does not have a driver for a external microphone in windows. even with bootcamp. i looked around the web and it looks like this a common issue. the list of issues just keep pilling up
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    Which retail brokerages offer IEX routing?

    Does anyone know all the retail brokers that have this route? Are there any other than Interactive Brokers, Tradestation Securities and Lightspeed? I see that Fidelity is listed on the IEX site but I'm not sure that is available to retail clients or if its something that they use for themselves
  18. D

    Global Macro Trading Journal

    The reason I'm willing to take some heat in terms of stock market drawdown is because the biggest mistake I ever made in terms of investing/macro was not being long any stocks from 2009 to 2012. One of my flaws is my anti-equity bias, I just hate the idea of losing a lot in equities along with...
  19. D

    Global Macro Trading Journal

    http://www.multpl.com/us-real-gdp-growth-rate/table/by-quarter
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