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If you trade thin volume products, volume indicators are important. But for liquid products, volume indicators are only secondary or minor. They tell you the market momentum and pressure.

It can be hard for some people, not for some others.

I think most of us in US would not even want to trade from 4AM. There is little liquidity. Most say do not use pre-market so much. A lot of times the market is wrong.

Talking about now and for the future. If I were Chinese, I'd want to park my FX in USD, not Euro. I think they can also buy JPY and CHF.

Yes, agreed. I looked at the background of other Chief Risk Officers at other Wall Street firms. Some have advanced degrees at Carnegie Mellon, long-time controller background or other solid background. For investment banking, not only you need market knowledge and technical background, you...

That has changed over the past decade or so. There are fewer and fewer S&T jobs at Wall Street banks. So talent spreads to bank treasury, risk management etc. Those are similar types of jobs like accounting and consulting where a lot of MBAs land. The pays for risk management jobs have...

If you trade often, you can declare yourself as a trader, not an investor. So your trading gain and loss offset. Do not recall what the procedure is, but it is not hard.

I think most start from 7AM EST. IB does. Some of the bank brokerage may not. But regular brokers like Fidelity and Schwabs should do.

Do not make any sense at all. This is how some bank risk management department is set up. The front office bankers and traders get the bonus on profit. The risk management and mid office are based on firm profit. But with that $4.5 B loss, I do not think most of the front office people...

No. Weak is not a good thing. Euro has a weak economy due to its mess of the pandemic. If China or Japan buys Euro bonds right now, they do not want to get into the situation future euro is even weaker. So you do not want to buy cheap and it gets even cheaper. USD is stronger than Euro now...

Right now, only those Asian countries, China in particular, keep the world economy floating. Biden keeps the tariffs on. So we pay for the high prices and the even higher shipping cost. With most jobs added each month and unemployment lower each month, wage and inflation will continue to...

I think this is to the point. It is more relationship and politics than technical background. I remember the old days, we only recruited from top B schools. We never went to campus like Rutgers and Pen State for hire undergraduates. Those undergraduates were mostly some kids from the...

Sure good luck with that. Tesla to $900 or to $3,000 as Ms. Woods said? Maybe some day, not yet. Not sure what hedge funds follow that. Maybe Mr. Billy Hwang thought about that....

I know ages and educational backgrounds do not speak for everything. But I have been wondering about the education and work background about the two Credit Suisse executives just let go. Lara Warner, BS out of Pen State in 1988. Worked for AT&T and Lehman Brothers as Equity Research. No...

I would like algo on economic indicators, not scanning news....

I suggest we do not drag the legal stuff into this.... Common sense wins.

Cycle of shifting what? The economy already peaked and declining is coming later this year? That would be just so amazing and amusing. This economy has a lot of strength. Sure we can have a near term peak over the summer for the huge recovery. But the economy will still be steady. As to...

How can machine reads news? There can be fake news and real news, and in between.

Yes. If a Bloomberg news reporter has been involved in anything like this, Bloomberg should have done its own investigation and report the results. There may be nothing wrong with this. But they should withhold its highest integrity and build the trust with viewers. All financial reporters...

I just wonder how a financial reporter can be in such a close relationship with an investor for such a long time period. More puzzling is Bloomberg is not concerned, or as reported. I do not know the whole story. But a lot of funny guys out there. Billy Hwang, Greensill Bank, Sanjeev Gupta...