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Would you know they were going crazy like that on Halloween without the power of Internet?

It is clear that: 1) GS securitization department securitized subprime (and other) mortgages and advertised them as "low-risk"; 2) GS prop trading was shorting these same mortgages big time. What is not clear is if there was a breach of Chinese Wall, namely whether the "securitization"...

Correct! All CME currency futures have USD as the quote currency. So, future rates will be JPY/USD and CAD/USD, opposite to what is standard in currency markets.

If you start thinking like this, you are not sufficiently comfortable with probabilistic outcome. "In fact, the degree by which you think you know, you assume you know, or in any way you need to know what is going to happen next, is equal to the degree to which you will fail as a trader." -...

What has been will be again, what has been done will be done again; there is nothing new under the sun. -- Ecclesiastes

I agree. Today is one more piece in a long string of similar news going back many years. I wonder why there are no poll choices to say one trusts Wall Street more... I voted "no difference".

Perhaps, a call is an opinion that is specific regarding the anticipated price action. If you say, a company produces unique equipment that is in high demand and has great profit potential, it is opinion. If you say, today the stock price dercreased to 200 and it won't go below 198, it's a...

I want to see that! Does anyone have a link to youtube (or other) video?

Judging from the price chart nothing out of the ordinary happened. Would I expect to see the volume to drop too? The volume today was exceptionally low between 12:05 AND 13:00 EST...

This is something totally original. Thanks very much!

Think of the downside. If you have been successful trading and you don't like the new job, you'll just go back to trading. If the boss doesn't like your haircut, you won't get a job offer. If you have a few friends who work in the industry you want to join, there is no harm asking them if...

Any other suggestions regarding how to refrain from trading when the conditions are clearly counterproductive?

Maybe it's good news for the dollar. USD went up today against Euro (despite new doubts regarding Greece bailout) and against GBP (despite increased probability of hung parlament).

I wonder if it is purely coincidental that both thread titles start with words "winning edge".

Being a good market analyst and being a good trader are very different things. So, people capitalize on what they are the best at. On the other hand, as Efficiency mentioned, a substantial part of calls may be motivated by frontrunning.

Sounds like Dr Ned Gandevani would be a valuable addition to How to be a Guru in 10 easy Steps thread.

I would find this useful too... but I still hope this feature doesn't come any time soon. It's very easy to open a can of worms here. People with access to multiple accounts (say, friends and family) will want the infor for all their accounts. Then info about open positions and order would be...

It is a common practice that sufficiently old creative works are no longer covered by copyright. From http://en.wikipedia.org/wiki/Public_domain

This is a very good point. Stop-loss is not always the most efficient way to exit a trade but you want to have one in case a rare large move happens (or, indeed, you get disconnected).

The benefit is when a few chart windows are open TWS starts using more and more resources after a while. This is the reason TWS has scheduled restart. The Gateway doesn't collect any data itself and doesn't require a restart - it can run continuously for weeks. You get the same data...