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I'm not amazed that you don't have to own the debt to buy CDS or even write a CDS and collect premiums. Have you ever heard of calls and puts? You can buy or sell calls or puts on any stock let's say APPLE or GOOGLE without ever owning a single stock! That's why it's called a DERIVATIVES...

One of my best days ever! I doubled my account today! Well, it's a small test account. Nevertheless, money is money. Had I had a bigger account then yes, it would have been some serious dough. Still, this is no chum change. I'm not bullish. Just trading and following the price actions and...

Hey guys, How come no quotes for N225m on IB? What's going on? Is it a holiday? I know now it lunch break time. But even before this there was no quotes! What's going on? I can see on Bloomberg.com webpage the chart of the Nikkei but no quotes(bid/ask) in IB? Hmm... Please help...

Though I graduated from a premier academic institution, I think most finance professors are pretty clueless about actual mechanics and working of markets. As evident below, many even own a single stock. And trade so infrequenly. That below sums up why all they can do is teach efficient market...

Interesting. Ever since the "Greenspan put" was instituted I think there will be a floor on the maximum amount the market will fall in ONE DAY. Everytime there's jittery, Fed and now the ECB too will jump in to pump more $ into the system. When will this stop working? Or will it always work?

I think this is a very valid point. People are missing the issues. Even Jim Cramer on TV pounding that the Fed should cut rates. So clueless. Many people on this board trade. So, I'll use a trading example. It's like this. You have your trading account. And b/c you trade on...

I doubt the kid even has capital to pay $1000/hr at the rate he's blowing up his account right and left every day. And lately teh market has been going WILD! YM, EUR, ZN, JPY, etc. You gotta be able to catch at least something right? And why set such a high amount and then go on ET with...

Actually, they are NOTHING like LTCM. And they will NOT need a bailout anytime soon, b/c of excellent risk mgt. They don' t average down either. If you read RenTech's interview in II(institutional investor) back in 2000, Simons even explicitly said their strategies are NOTHING like LTCM. He...

Hi Jerry, I did a webupdate yesterday of my QT. And not the backfill doesn't work for intraday. Also, it doesn't seem to be able to log in anymore. I use IB as the broker. What could be the problem? Maybe shouldn't have upgraded since it was working fine. hehe. thnx, 99

Is this still the case? I thought you need to register and it's only free for a week or so? I just like to use SC for playback mode. That's it. If it' sposisble to just just it on those three symbols then it's fine with me. Please let me know if this is still possible. Thanks,

Does QT still work? I have it but it doesn't update the charts in real-time. You gotta manually refresh? Or am I doing something wrong? thx trader99

http://bloomberg.com/apps/news?pid=20601087&sid=amG9.r2fMr3Y&refer=home Market Impact of getting out of bad trades? Or Wall St screwed them for another billion. hehe

this does both Naz & NYSE scans right? Is there a free trial? what's the monthly price again?

jerry: For some reason, I'm not getting any quotes on QT. Hmm... Every so often I get this issue. What does this mean? Time zone difference? Too early? My IB is up and running fine. And futures are trading now too. Other than that, QT is super. thanks. 99

No, not exactly. You gotta understand not all quants are the same!! LTCM's approach is one of many quants approach. Unfortuantely, it failed and everyone associate LTCM's approach as the "quant" approach. This is not true. There are probably some quant methods that work that people will never...

hi steve or def, why can't i trade the jgb? what needs to be done to enable it? thanks.

yeah yeah. SURE. But is that a good way to trade? Who wants to ride that roller coaster? I respect the guy and he's supposedly "smart" and one of the best. Blah. Blah. He needs to learn some risk mgmt. So, what makes him so special? he's basically just a LONG only fund manager that's highly...

Maybe. I'm already out of it. Very quick. :)

Quark, You made a very GOOD point. I think at the TURNING point when the trend changes that's the hardest for people to believe/accept the new reality. They still think things will be the way they were forever. I must admit, I kept my bullish stance a bit too long. I wasted opportunities...

oh THANKS to the TRADING GODS!!! I was at the skin of my teeth. I need this Nikkei to rally some more. whoohoo baby! of course the world is not going to end! but it took some cajohnes to get in yesterday. 99