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    Global Macro Trading Journal

    Ray Dalio on his philosophy http://www.charlierose.com/view/interview/11957 Says most important part of his culture is to stay open minded and 'stress test' ideas by getting opposite views. This is a big reason why I like Bill Gross and Pimco because I can tell they have this system...
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    Global Macro Trading Journal

    ECB LTROs has been successful in reversing the worrying trend of collapsing M1 and M2 https://stats.ecb.europa.eu/stats/download/bsi_tab02_03/bsi_tab02_03/bsi_tab02_03.pdf
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    Global Macro Trading Journal

    Given the amount of inflation indicators at highs I'd expect the deflator to be revised up and GDP down. I'm not sure if you posted on the past but what are your views and market positioning currently?
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    Global Macro Trading Journal

    Yoy Core, 16% trimmed-mean and median CPI at cycle highs http://www.clevelandfed.org/research/data/us-inflation/mcpi.cfm Yoy dallas Fed pce also at highs http://dallasfed.org/data/pce/index.html
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    Global Macro Trading Journal

    I'm shocked that people are shocked the Fed isn't opening the spigots. I thought maybe the game was over once the Fed started publish Fed funds forecasts but apparently there is plenty of room for people to have unrealistic expectations Haven't they seen the latest inflation numbers?All the...
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    Is there a reason to EVER use IB SMART for Limit orders?

    Are you saying this won't affect market orders or marketable limit orders?
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    Is there a reason to EVER use IB SMART for Limit orders?

    Actually I just realized that changing the configuration will affect market orders. How can I set non-marketable limit SMART orders to always to go for the highest rebate?
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    Is there a reason to EVER use IB SMART for Limit orders?

    Ah, I changed on the configuration thanks. I put Highest Rebate. I just don't think the 'getting a fill' will be an issue the vast majority of the time You mention joinning the NBBO and not getting filled what about the insinuation from previous posters that trade troughs can happen?
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    Is there a reason to EVER use IB SMART for Limit orders?

    What about the trade through rule? http://www.nyse.com/pdfs/ttrpolicyperspective.pdf
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    Is there a reason to EVER use IB SMART for Limit orders?

    I don't get why liquidity should be an issue. Limit orders add liquidity and the price is not allowed to trade trough your price without hitting you
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    Is there a reason to EVER use IB SMART for Limit orders?

    I've observed this quite a bit and I save money always everytime I manually set BATS instead of SMART. Seems that the only smart thing about SMART is its PR campaign
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    Is there a reason to EVER use IB SMART for Limit orders?

    If I route to BATS I get rebates and save on commish, SMART routes me to all kinds of places which ends up costing me money. Since its a limit order there are rules against trade troughs it seems that is superior to always route limit orders to BATS
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    Global Macro Trading Journal

    I have a bit less than 10% of my networth on BRKB right now, I'm looking to increase it if the stock declines again. Seems that Buffett is saying out loud how undervalued the stock is
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    Global Macro Trading Journal

    I would like to know how this was calculated because a stock that does not pay a dividend(maybe does some buybacks) has tax advantages over a dividend payer. If the chart reinvest dividends pre-tax it could account for the outperformance given the nature of compound returns
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    Global Macro Trading Journal

    My point is that picking a company that will do well in terms of earnings is far more important than how much it yields. I don't believe there is any edge at all of high yielders compared to low yielders, even if during certain period of time they outperform(just like small cap can beat big caps...
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    Global Macro Trading Journal

    Price appreciation is very important, people use that 'most of the return come from dividends' as if there was some kind of simple edge of just buying high yielders and enjoying your retirement. Stocks tend to fall by the same amount of the dividend the day it is paid, you only get to keep the...
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    Global Macro Trading Journal

    lol
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    Dell XPS 13 looks like my next laptop

    Does it detach from the keyboard and becomes a tablet?
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    Global Macro Trading Journal

    "better economic data" debunked http://video.cnbc.com/gallery/?video=3000075118
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    Global Macro Trading Journal

    I believe they action off the bond and use that as a guide for the payouts. So my original point might not be valid but its not a full payout like you suggest though
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