Search results

my understanding is that you only need to actually be present in Monaco for 90 days of the year to maintain temporary residency (1st 10 years). You can then progress to privileged residency and citizenship. If you show electricity bills every year amongst other docs the renewal will be easy. The...

you are asking people to recall some random member of an anonymous retail trading forum and what his illogical thoughts were on NFP? punting on NFP is just that punting. We can say the long term trend, annual, monthly, weekly is firmly up. absolutely anything can happen over NFP. One thing is...

here is an observation which my get a penny or two to drop. Why would you want to trade spreads like I posted above away from the front? As you can see from the 2 charts below outright oil has shat out aggressively last 2 days dropping the best part of $4. Contrast that with the daily price...

we are just getting started.

on the subject of Monaco I have heard that it is now possible to get Monaco residency by depositing as little as 300k euros in a Monaco bank. You can rent a studio there for 2500 euros a month so 30k euros a year. You can then live in France or Italy as long as you are careful to stay non...

in terms of future direction of US equities who is sweating more at this moment, bulls or bears. Answer - the most recent bears. Panic buying to cover positions is already starting. One of the most blatant bear traps I have seen in some time. Definitely not a day for white underwear for bears.

you should be laying off the carbs mate.

Gotta admit if I had been short (and I wouldn't have been because its a shit trade) I would be covering here. Daily ranges have been compressed and we could easily rip up today.

is it going to happen like it didn't happen the last 7 times you shorted it lol.

Does anyone trade via an offshore trust? I have heard that some UK resident traders are setting up trusts in places like Jersey or Guernsey to trade futures. They then pay tax on any withdrawals from profits to the UK and the rest of the trust grows tax free. This allows them to plan ahead so in...

This is the sort of thing you will not see in any book/paper. In reality oil flys are traded as per your right-hand ladder, synthetically calendar to calendar. Say for example on that right hand ladder I wanted to buy the fly I would be bidding -91 and/or -92 depending on how badly I wanted the...

If you are market making then its absolutely all about liquidity and low round trips. As you said if you market make a spread with a large b/o spread and there is very little liquidity its sub optimal. When I used to market make I would very rarely trade any legs that had average daily volume...

For energy markets the bulk of the volume is completed 12 midday to 7.30pm London time. The liquidity in spreads is slightly better in Brent v. WTI especially middle/back of curve.

Is it wise to ever put on a position that is of 'very risky' size? Why not keep the positions within solid risk parameters. That way IF the trade doesn't work out you live to fight another day.

yes it was sarcasm mate. I recalled the vitriolic declaration of a PHD in microstructure a while ago.

his team of quants and phds in microstructure are on it mate. pile drivers en all

I am surprised he hasn't graduated from hindsight trade exits to the classical twitter vendor who goes long and short in demo then screen grabs the winner.:D shouldn't give him ideas lol.

FX is generally traded as spreads Surf. :D

the fact you have written this means you are more likely to succeed in your goals.

Being intellectually inferior is not something I have been accused of many times in fact I am struggling to recall if I have before. When I have a higher quantitative degree from a top tier university it's best not to go there - not bragging it's just an overrated piece of paper imo. I can tell...