Search results

  1. S

    Japanese Day Trader Makes $34 million

    Excellent advice. Yeah these markets have been horrible this week! Leverage is what takes out virtually all traders I have seen blow up in 30 years, eventually they get one call wrong. (Some call this the black swan type event.) One issue is that most traders don't seem to understand what...
  2. S

    BREAKING: China HFTs at fault

    What? I am shocked! ... shocked I say! How could that possibly be? HFTs are like duckies and lambies and therefore can only bring goodness and light to the markets. I think the same firms implement HFT worldwide. But, I do often wonder if the ability to manipulate markets could be used by one...
  3. S

    What kind of Edge you have?

    Here's an edge for you: http://www.zerohedge.com/news/2015-08-20/fundamentally-flawed-markets-grey-area-between-cheating-and-edge Of course traders detected such HFT stuff years ago, wrote about it on ZH and the HFT lobby came on TV and denied it on the air. Where are the TV stations defending...
  4. S

    What kind of Edge you have?

    If GS is really giving out their secret sauce, then I suspect there is no real secret sauce. (Why have so many big name traders been found to be "cheating market rules" instead of using Technical Analysis etc.) The root problem with HFT is that it has strip mined the ocean of legitimate buyers...
  5. S

    What kind of Edge you have?

    Just to clarify your comments Speculate. You seem to say that an edge is a guarantee that what you hope will happen will and that there are no other edges than existing market defects. Is that what you meant to say or did I misunderstand your comments.
  6. S

    As if majority are losing traders, do you fade the input provided by ETers?

    "In long term, they all gone." - Absolutely true. I have dozens and dozens of stories and know very few as successful as I have been in 3 decades. 2000ish - sitting in private session heard "industry expert" telling us he is buying more Nortel at 125 a share. I asked him his reason - more...
  7. S

    Whether you like Trump or not.......

    Makes sense to me, the billionaires already get their way, why hide there presence any more? The illusion of choice is done. I like Mark as a person, although I would keep my hands in my pockets while talking to him - he is pretty slick. The Donald? - he stands in a class by himself.
  8. S

    Whether you like Trump or not.......

    Isn't Trump simply a sign of the frustration voters have with both parties at a point of crisis? One lady who runs basically alone because voters made an error last time - so they made it even more simple for the voters this time. A splinter faction in the other side being hidden by dozens of...
  9. S

    Hillary proposing higher short term capital gains taxes

    The poor have their problems also. The inconsiderate democrats are forcing them into a higher tax bracket requiring drastic action. http://www.zerohedge.com/news/2015-07-22/obamas-minimum-wage-utopia-just-hit-brick-wall IMO, poor in the majority of other countries in the world is not the same...
  10. S

    And another BAILOUT, told you there is no such thing as failure, only bailouts, who's next???

    Black humor headline - The EU Shot Its Greek Hostage, Now Spain Is Nervous http://finance.yahoo.com/news/eu-shot-greek-hostage-now-131900327.html
  11. S

    And another BAILOUT, told you there is no such thing as failure, only bailouts, who's next???

    Thanks syswizard, any thoughts on who bails out the IMF?
  12. S

    And another BAILOUT, told you there is no such thing as failure, only bailouts, who's next???

    Scanning the news I found these two scary articles: http://www.telegraph.co.uk/news/worldnews/europe/spain/11628713/Spain-follows-Greece-as-anti-austerity-parties-sweep-local-election.html http://www.armstrongeconomics.com/archives/34287 It is very comforting that European banks have been...
  13. S

    And another BAILOUT, told you there is no such thing as failure, only bailouts, who's next???

    Be baffled no more. IMO, it is easier for fearful people to hope than to take action to fix things. I suspect that millions of people sense deep inside something is wrong (and fear possible future outcomes) but feel powerless to fix their own situation. Comfort is available 24 hours a day as...
  14. S

    And another BAILOUT, told you there is no such thing as failure, only bailouts, who's next???

    But nothing has been resolved, it is just a red flag to wave for the bull market on Monday morning. Rather than the call that an agreement would be made, I would be interested in your summary thoughts on the fundamental issue that motivates both sides and how that issue will be resolved. It is...
  15. S

    As if majority are losing traders, do you fade the input provided by ETers?

    Good post DBPhoenix. I suspect there are stages beyond as well such as sahana. Money is a very poor motivator for a life. I used to write that one must climb the foothills in view before one can see better mountains in the distance to climb. I know I took a few years to prepare but never...
  16. S

    As if majority are losing traders, do you fade the input provided by ETers?

    This will not work because the market actually has 3 directions - up down and chop. The phantom of the pits partially mentioned this and I spent a long time thinking about what he/she said. The question I would ask the phantom now would be about the "integrity in the chop" comment. I now think...
  17. S

    Where are you parking your hard earned dollars?

    Thousands have. Look at Texas and Alberta circa 1982. Real estate is like a bond trade so when rates rise "too much", look out below. In Vancouver BC many MURB owners from the inflationary 1970s were basically forced to hold until the late 1990s to make gains. Vancouver is horrendous pricing...
  18. S

    Where are you parking your hard earned dollars?

    Sometimes it is best to just kickback, relax, and let the markets settle out a bit. One suggestion is to grab some popcorn and catch the new summer release "Jade Helm - Hostile States". (LOL)
  19. S

    Where are you parking your hard earned dollars?

    Trador. In my margin accounts, I normally usually use High Interest savings accounts or MMFs that I can swing into or out of as need be as I wait for better opportunities. Because I am fearing a Bond Market crash appearing soon (since early June), I have put half in cash in my account and half...
  20. S

    Where are you parking your hard earned dollars?

    In Canada, I was personally offered 3% daily interest rate up to 500000K at a virtual bank for 5 months. I have 4 "big 6" banks I deal with in various ways.My wife can't get that same offer and as I checked out the store to ensure it was not a phish, they didn't know anything about it either...
Back
Top