Search results

  1. TraDaToR

    1/4% Tax on all stock trades pushed in NY Times today

    Yes I am. I think Sarko was elected in 2007, so this moron is here 'til 2012. Strauss-Kahn may be the most likely candidate for PS. He is a socialist by heart but a pragmatic technician when it comes to the economy.I guess you don't land chief of the IMF for nothing. I remember that when...
  2. TraDaToR

    1/4% Tax on all stock trades pushed in NY Times today

    Sarko made a speech and he looked really upset, fearing nothing concrete would be done. "Who dare to say that african countries don't need this money? Who dare to say that we don't need an organism to control everyone's behaviour? Who dare to say that we don't need innovative financing,like...
  3. TraDaToR

    No daily trading limits on metals

    I don't trade big positions, but still... On an entire career, it would be unrealistic not to take those scenarios into account...
  4. TraDaToR

    No daily trading limits on metals

    I am just saying limits are a good way to avoid gigantic fat fingers... However I agree that limits on an ordinary volatile trend day have no real purpose...
  5. TraDaToR

    1/4% Tax on all stock trades pushed in NY Times today

    What about Soros? When did he say that? Buffett is just a bull market hero that sat on his fat ass collecting dividends all his life. He knows he will die soon and try to buy his place in heaven with "good actions "... But Soros is a real trader... Today, trading has become one of the...
  6. TraDaToR

    No daily trading limits on metals

    The example I chose was a data error, so I 'm quite relieved... Does anyone know if it has ever happen? Let's say a 50K$ per contract spik that never got busted? The 2 year note one in the summer was crazy too, how much was it on a $ per contract basis? It's not something you can hedge...
  7. TraDaToR

    Are there any True Wall street traders on this site

    I don't know if it's just me, but making cold calls all day long to sell garbage stocks to elderly people is one of the last thing I would like to do in life. I did the cold call thing in a different inductry one time on a summer job and sweared I would never do it again. I would seriously...
  8. TraDaToR

    1/4% Tax on all stock trades pushed in NY Times today

    This is a paper from the european parliament from dec 3: http://www.europarl.europa.eu/sides/getDoc.do?type=IM-PRESS&reference=20091203IPR65915&format=XML&language=EN Not many arguments against the tax. On a side note, Barroso defended again ( briefly )the TT on euro parliament yesterday.
  9. TraDaToR

    UK Natural Gas NOV 09 Contract on 10/05: OMG!!!

    Apparently it was an error. Sorry. The ICE website doesn't report this spike. The error is quite on every data provider though. Can someone watch on a reliable source like TT, Zen or CQG if there is an enormous spike on oct 5TH on NOV09 UK Nat gas? Thanks a lot.
  10. TraDaToR

    UK Natural Gas NOV 09 Contract on 10/05: OMG!!!

    Hello, has someone ever seen such a spike in his trading career? or even traded through it?
  11. TraDaToR

    No daily trading limits on metals

    Anyone? I guess Taleb is right when he says rare events are mostly ignored in trader's risk management.
  12. TraDaToR

    No daily trading limits on metals

    Hello metals traders, How do you deal psychologically with the fact that there is no daily limits and that anytime you're placing a limit order in the book, you can be caught in an ulimited fat finger...? As a non metal example, on oct 5th on IPE UK natural gas which also has no trading...
  13. TraDaToR

    UK Natural Gas NOV 09 Contract on 10/05: OMG!!!

    Hello, Are there some IPE traders on board?Tell me it's a joke and they busted the whole thing. On both IB and CTS T4,I've got a spike from 0.30 to 3.25, which according to me corresponds to a 90K$ per contract fat finger. Imagine you're waiting with a 10 lot in front of that... Almost -...
  14. TraDaToR

    1/4% Tax on all stock trades pushed in NY Times today

    Not sure at all, but I think it was Mack.
  15. TraDaToR

    1/4% Tax on all stock trades pushed in NY Times today

    Libertad, you are getting redundant... Market Making function can exist with a 0.01% tax. Spreads just have to be 0.03% and higher for MMs, for example. A lot of illiquid markets with Market makers have spreads way bigger than this tax.
  16. TraDaToR

    1/4% Tax on all stock trades pushed in NY Times today

    And this is one of the most undercovered topics... The media needs to tell the public there are other ways of taxing BANKS.
  17. TraDaToR

    1/4% Tax on all stock trades pushed in NY Times today

    Also IMO, they is no F...in' way little prop shops everywhere would get exemptions under a global tax like this one. MMs would be chosen fews with really strict rules to provide liquidity, and again, they are not projecting any exemptions at all for now.They will only if they have to.
  18. TraDaToR

    1/4% Tax on all stock trades pushed in NY Times today

    Sorry,I didn't know TradeSports wasn't around anymore... You get the idea though.
  19. TraDaToR

    1/4% Tax on all stock trades pushed in NY Times today

    If they apply a 0.05% tax , real liquidity/spreads will be 0.05% wider. Simple.logical. There will be no exemptions at all AT FIRST if implemented.Don't forget it's aimed at banks , not retail tarders. When it will be dangerous is when they realize they fucked this or that market and want to...
Back
Top