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    UK:Independent commission to consider breaking up of big banks...

    If anything, "break up banks into separate retail and investment banking operations" is a good thing. Since Glass–Steagall Act was repealed in the US in 1999, it took less than 10 years for a major financial crisis to form.
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    The Conservatives have taken power in britain

    Because in a few years it may be different people at the helm of the party taking the office.
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    Why don't the public care about long-term solvency?

    It's also because a large part of the population own a home with a large mortgage. For them high inflation and low interest rates provide ideal environment to pay out the loan. The fact that the income grows ever so slightly slower than the rate of inflation must feel like a small price to pay...
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    Software with best GUI?

    There is huge difference between softaware that is easy top use for a total beginner and sometuing that feels easy to navigate after you have used it for a hundred hours or so. Which one are you looking for? If you want something easy to start with, try Quotetracker, if you want something...
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    Limited Partnership

    For the partnership you will likely want an accountant who specialises in trading (working for individual traders and companies that make trading a business). Such a person will likely have much better idea regarding the regulatory burden than an average ET member.
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    What would you do with your Carry trade?

    Occasional blow-ups is an intrinsic feature of option selling. Even big firms who've been in the business for 30 years like Timber Hill have occasional massive drawdowns. The secret is probably just to know where you are ready to reduce the risk or totally quit and make a break till the...
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    david cameron..

    ”The euro’s 16 countries have already agreed it - that’s a majority," said a diplomat. "It’s a fait accompli. Those not in the euro - Britain, Poland, Sweden and other new EU members - can’t stop this."
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    noob question

    clambill, I agree with most of your post but I think you have posted in the wrong thread. This one is about the amount paid out by foreign exchange brokers on a carry trade.
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    HuggieBear's Thread of Public Shame

    Now I am getting the grasp of the thread title. In case I haven't mentioned it earlier, you have my respect for coming out and talking about this.
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    noob question

    Bigger and more open brokers have these figures on their Web-sites. They say you pay a certain benchmark rate plus specified spread on your 4x USD borrowing and you receive another specified benchmark rate minus specified spread on your 5x AUD position. These may be difficult to make sense of...
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    david cameron..

    British taxpayers ordered to bail out euro Britain faces paying out billions of pounds under a European Union deal intended to prevent another financial crisis like the one in Greece. All 27 EU finance ministers have been summoned to Brussels on Sunday to sign up to a “European...
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    HuggieBear's Thread of Public Shame

    I may be missing something in the reply given it's late Saturday night but... When you start a trade do you always set a stop loss that you don't extend under any circumstances? Or are you more flexible in this respect?
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    HuggieBear's Thread of Public Shame

    That was impressive return! If you don't mind me asking, do you set a maximum dollar loss when you open a trade? Or do you just extend the acceptable loss according to what "feels right"?
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    noob question

    Strictly speaking, no. Because you are borrowing 4x USD and have to pay higher interest on this than large banks pay. Further, you are likely to get somewhat lower return on the AUD side than "benchmarks" suggest because teh broker applies a spread to amek money. How much you ultimately make...
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    HuggieBear's Thread of Public Shame

    Avoiding trading on suboptimal set-ups is very tough psychologically. Do you feel you experience greed or any pressure to make money?
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    Today US marketplace lost all credibility

    The views on the last week may differ depending on who made or lost money. German regulators are infamous for dislike of speculators or anyone who wants to improve corporate governance.
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    Why is the Yen so different?

    So, in aggregate, Mrs Watanabe is a big player.
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    Technical Analysis does work

    I guess this is gonna be a short-living thread unless it becomes a journal about making money with TA.
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    david cameron..

    Fair enough. `David Cameron's hopes of forming a coalition with the Liberal Democrats were dramatically undermined last night by the leaking of a top-secret letter outlining the hardline Eurosceptic stance he and William Hague planned to adopt in government. The document, obtained by the...
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    david cameron..

    Last year the US government spending was 25% of the GDP while in the UK it was 51% of the GDP. To put it in prospective, for every dollar people and businesses spend the US goverment spends 0.33 dollars; for every pound people and businesses spend the UK government spends 1.04 pounds.
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