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  1. bone

    Hong Kong: Pro-Democracy Elections Landslide

    OK, now I understand why there's movement on trade with the US... Beijing has got a serious problem on its hands much closer to home... :wtf: The Chinese Communist Party in a business suit, subtle as ever.
  2. bone

    Hong Kong: Pro-Democracy Elections Landslide

    That would be the biggest mistake Xi could make and he knows it. They’d be left with Russia and Iran as trading partners - full stop. North America, the EU, and all the regional Pacific Rim Democracies including South Korea, Australia, Japan would economically blockade China if, as you say...
  3. bone

    Hong Kong: Pro-Democracy Elections Landslide

    BBC, WaPo, NYT reporting on Hong Kong Elections: Beijing Utterly Humiliated by Hong Kong Elections. BBC calls it a “stinging rebuke” for Beijing and Mayor Lam, and strong symbolic support for the Democracy Protests. Record voter turnout of 71.2%, Pro-Beijing Representatives swept out of...
  4. bone

    Stop-loss: Trail or not?

    I will trade any market circumstance provided that my indicator package and rules conditions are satisfied.
  5. bone

    BLOOMBERG 2020

    I think it’s a race. And they could tax the top 1% at 100% and not pay for half of it. Kamala Harris at one point floated the idea of $500/month UBI. Societies don’t offer things like free college and free medical care and free child care and free pre-K without a National Sales Tax and a...
  6. bone

    Stop-loss: Trail or not?

    Yeah, if you’re an independent who’s scalping and day trading with a mouse - that is the longest of long shots. Best of luck with that. And there was a time in my own past when I would trade a few hundred thousand Eurex and LIFFE Round Turns per month. Day trading. Stupid size.
  7. bone

    Stop-loss: Trail or not?

    There are two best uses for the micro market: 1. For a modestly capitalized trader to learn how to swing trade, and 2. To test an automated strategy in a live market Mere mortals are not going to manually scalp 100 round turns per day with a mouse and survive much less build account equity...
  8. bone

    Stop-loss: Trail or not?

    Well, we’re swing trading. And there’s a reason for that. Furthermore - we’re trading inter and intra market spreads NOT outright flat price. And there’s a probability based reason for that. IMHO the only way to “day trade” modern markets without automation and a very high performance ECN...
  9. bone

    BLOOMBERG 2020

    And he’s low tier when it comes to pandering. There’s more than 50 social welfare spending proposals up on that debate stage. And counting.
  10. bone

    Stop-loss: Trail or not?

    YMMV, but when my clients use a trailing stop, they get taken out WAY too early. Instant regret. So I emphatically discourage trailing stops and instead teach hard profit targets based upon a targeting system utilizing on-the-run modeled historical trading range. And we stay with the trade...
  11. bone

    Bridgewater Bets $1.5 billion on Upcoming Market Drop

    No, I meant what I posted - if they are long some real stars, it’s possible that those names could outperform the S&P 500 Put premium losses in a market rally. That’s the entire premise of a well engineered relative value portfolio - which is what Bridgewater now has.
  12. bone

    BLOOMBERG 2020

    Andrew Yang would be a great candidate in the General - but the corporatist Dems would never countenance that.
  13. bone

    Mike Bloomberg is preparing to enter the Democratic presidential primary

    Emerson College... Whut? https://projects.fivethirtyeight.com/2020-primaries/democratic/national/ Emerson College and Marquette University goosed The Hill’s editorial staff...
  14. bone

    Mike Bloomberg is preparing to enter the Democratic presidential primary

    I take your point: the Corporatist Dems tend to kill off what’s good for them - ask Bernie 2016 supporters. And any Dem with a ($B) asterisk will only be purified as donor class. Which makes Tom Steyer “stupid”. What this really means is that billions of dollars of personal wealth allows...
  15. bone

    Mike Bloomberg is preparing to enter the Democratic presidential primary

    Bloomberg is NOT stupid. Far from it. Biden has been sinking in the polls - and Pelosi/Schiff are about to hand over the keys to the impeachment bus to Mitch McConnell without moving public sentiment appreciably in favor of impeachment amongst the persuadable voters that matter in the...
  16. bone

    BLOOMBERG 2020

    Bloomberg is NOT stupid. Far from it. Biden has been sinking in the polls - and Pelosi/Schiff are about to hand over the keys to the impeachment bus to Mitch McConnell without moving public sentiment appreciably in favor of impeachment amongst the persuadable voters that matter in the...
  17. bone

    Bridgewater Bets $1.5 billion on Upcoming Market Drop

    Spread On, Spread Off. Naked legs rarely “resolve” themselves. :vomit:
  18. bone

    Bridgewater Bets $1.5 billion on Upcoming Market Drop

    If they’ve chosen their portfolio long equity names wisely they can make money even if the S&P rally continues. ;)
  19. bone

    Bridgewater Bets $1.5 billion on Upcoming Market Drop

    The new paradigm is that old paradigms are toast. And yes, stock markets and real estate cannot be automatically appreciating assets. Japan has had negative interest rates for going on seven years - and this isn’t the first time that the BoJ maintained a protracted period of negative rates...
  20. bone

    Bridgewater Bets $1.5 billion on Upcoming Market Drop

    Buying and holding over a very protracted period of time (decades) seems to work.
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