Search results

  1. A

    Eurex Vols

    Agree. 'Manners are the basis of society' is always something that many should remember.
  2. A

    Young FX Trader Goes to Town!

    MEMO: To all naive people interested in trading. If you want to keep away from the marketers and scammers, of which there are many in the financial markets, look for the simple clues. Anyone who writes puke inducing crap such as below is either a marketer or a scammer. Whatever the case...
  3. A

    Eurex Vols

    Yes, I forgot about that one, it's the new style. Looks very interesting.
  4. A

    Eurex Vols

    If you trade Bunds via spread bets for under 50 ticks average profit then it's going to be very very hard to beat the costs, ie 3 tick spread + price has to go offered to get a fill (assume buy order). This is over the long run (100s of trades)...
  5. A

    Did Altucher fail as a trader?

    Because it's a Message Board :)
  6. A

    Wall St Jo: Student-Loan Debt Tops $1 Trillion

    8, you're spot on brother re the govt above and nope, the majority will never get it as they're so uneducated they're beyond help.
  7. A

    How did Old Bernie Madhoff Attract so much $$'s?

    Because 12% annually with little or no drawdown is phenomenal investing. If you can do it then you can get all the money you want... Don't make the mistake of thinking that a 20% return is far better than a 10% return etc. Plus, always remember this. Many rich investors, families and...
  8. A

    Did Altucher fail as a trader?

    That's not saying it's impossible though. To me the statement suggests that trading is very hard (both to learn and to actually trade) so the odds are against success (but still possible). The better and easier path (if you want to make a lot of money) is to go create a business, whatever...
  9. A

    MF Global Customers - What % lost four months on?

    Whatever the amount that INNOCENT clients have sadly lost in the MF mess perhaps the real question is the amount of money both New York and Chicago will lose over the next 24 months. Same for London. Many investors are watching with their mouths wide open as the US government, the regulators...
  10. A

    Fuel Hedging using CL Call Options

    Hedging is never about winning or losing. It's simply the fixing of a price today for the future. Most though seem to want the impossible, hedge downside losses and partake in any upside movement (assuming hedging downside risk). I'd love to be able to find those trades as well :)
  11. A

    Generation Y living with their parents is worse in Europe

    Living at hom with your parents can actually be a smart move to becoming a good trader. As most successful traders will tell you, this game is no different than learning to be a Doctor or a lawyer, ie minimum of a few years without getting paid (possibly even losing, but not too much...
  12. A

    Most Important Chart Aspect?

    The shape. And what I've learned over the years is what happens right now on the chart can be the start of a trade setup but the actual entry might be many days away. But it depends on the timeframe. Let's say you're looking at the 60m. What happens on Monday at 9am might lead to a trade...
  13. A

    Why I Am Leaving Goldman Sachs

    Yes, you can make statements like that but you cannot then be hypocritical. So next time a company takes advantage of you and stuffs you up don't complain just remind yourself that its sole aim is to make money and not to help you in any form whatsoever. In fact you should admire that...
  14. A

    Bei-Jing or Bling-Jing ?

    Communism is a lousy deal for the majority unless you're in control, then you live like a full on capitalist pig. Still, no pity needed for those in charge because as the old saying goes - The hottest fires in hell await all hypocrites :)
  15. A

    MBF Clearing Corp

    Funny how the regulators always seem to do a good job going after and the small players. Different story for the bigger boys........
  16. A

    Why I Am Leaving Goldman Sachs

    Devasting for the squid that one. Comes right from within. But then people surely must have worked out by now that if investment bankers come calling, run, hide, say you're broke, whatever you have to do to get rid of them. Buy from them and you only have yourself to blame. PS...
  17. A

    What are algos actually doing?

    Search on either this forum or www.trade2win.com/forums because somebody posted within the last year a great PDF that shows some of the main strategies, many of them were 'revert to the mean' type trades.
  18. A

    What are algos actually doing?

    Yes, you can compete even with a pen and pencil in this game, just not with HFT. I know a fella in prison that trades all the markets (he got caught running a mini-ponzi). He uses weekly charts so knows in advance what he's going to do should price get to his levels. He mails his orders out...
  19. A

    Liffe - Euribor - Total Volume Collapse

    Shocking drop in those volumes. The execs at LIFFE and EUREX can't say they weren't warned what would happen when they started to get down on their knees and blow all the algo houses looking for short term volume gains. Well guys, you got your big volume gains (in the short term), no doubt...
Back
Top