Actually, large disparities in interest rates between trading partners is very much a disadvantage. Again - Draghi started this war by going really negative in order severely lower the Euro versus the Dollar; and it's worked. So yeah, Draghi started a currency war by radically lowering rates...
Draghi and the ECB finally forced the Fed's hand - Trump had nothing to do with it.
And Trump is hardly the first President to rail against the Fed's interest rate policies. Far from it.
What is missing from this 'toxic concoction' are shit pile OTC derivatives and subprime MBS and CDO's - at least in Countries with stress tested banking systems. It's worthwhile to note that in the US, the regulator independently runs the stress tests - while in Europe, the regulator relies...
Knuteson is NOT arguing that his strategy is optimum.
His argument has merit to a very limited extent - but it’s incomplete. Written like a true short timer analyst with a very incomplete resume in the markets.
Since 2008, buying and holding clearly outperforms buying and selling during the...
Both of his propositions would have had inferior returns as compared to “buy and hold”. D.E. Shaw, where he was a quantitative analyst, is a HF strategy firm AFAIK.
I’ve always felt that they would be optimum for swing trading with modest accounts.
Having said that - in reality they’re likely seeing quite a bit of scalping from marginally capitalized day traders - and the cost structure for micros is NOT attractive for that.
I can envisage discount...
If one of my own clients told me that he was quitting his job to start trading his stake of $15K
I would definitely try my hardest to talk him out of it - unless he also had 18 months of living expense money set off to the side. And that includes health care premiums, rent, software, Internet...
In reality it never works out like that, and if you’re taking money out of your account for living expenses it really really won’t work out like that.
I wish you good fortune!
I am personally not aware of a legitimate, exchange registered US proprietary futures trading firm that would accept client funds for “training” purposes.
Hint: Search the NFA database - it’s interesting.
LOL put up some crude oil or natural gas butterflies (the actual exchange spread trading range - not the synthetic closing price) if you can manage it with that top shelf charting program of yours.
Inter market (same product different expiry) calendar Pair, Butterfly and Condor futures exchange spreads are available for any product with 4,8,12 expiries in a calendar year. There are many thousands of combinations available.