I think Mr. Bernanke had to explain better his remarks because markets understood that QE3 was there if US Growth does not pickup however the real reason why he brought the possibility of QE3 is because his concern with the Euro drama is increasing.
If the worse happens in Euroland the world...
There is also the possibility of the German population turning completely against more help to the peripheral countries since the German press is raising the tone against the use of German money to save Greece. However I believe this possibility might take more time than the Greeks running away...
Why a total mess? It seems the guy was caught trading with inside information why would he not go to jail? Look Madoff, the guy was arrest in 1Month after the fraud was revealed. If his fraud happened in Brazil he would still be enjoying his money and considering his age he would be dead before...
If you dont like CDS (by the way I disagree with you, this is not a scam product, but is definitly not accessible to regular P.As) why don't you buy a long term low delta put option from any bank in Japan. I am sure that any sovereign event in a developed country will have huge consequences in...
The NDF game is definitly not something that hard to play but you will definitly need an account in a big broker dealer like MS SmithBarney, MLynch, Deutshce, GS, etc.... I believe that to have access you would need at least $500k in this account.
They are definitely very different but they share one common thing.
They show how its possible to trade successfully by yourself using basically 3 things.
1. Correct Mental Approach
2. A back tested system with positive expectation of return;
3. Money Management.
Lescor txs a lot for sharing what you are doing, its truly inspiring.
I have been in the market for more than 12 years but mainly trading fixed income products: rates, currencies, and derivatives related to both. I never had the desire to really trade equities as I had in currencies but...