Leverage, I dont understand the principle of it...
- Thread starter capitalistsmith
- Start date
Jesse Livermore's book Reminiscence of a Stock Operator will tell you everything you need to know about bucket shops and leverage.
"I learned early that there is nothing new in Wall Street. There canât be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again. Iâve never forgotten that. "
Bucket shops give everyone leverage so that it only takes a small move in the underlying to go against them and create a margin closeout on their accounts.
This has been going on for a long time.
"I learned early that there is nothing new in Wall Street. There canât be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again. Iâve never forgotten that. "
Bucket shops give everyone leverage so that it only takes a small move in the underlying to go against them and create a margin closeout on their accounts.
This has been going on for a long time.
Quote from Tango 6 Alpha:
That is a Phenom 300:
Do you know who happens to own this one? Do you recognize the hanger behind it? Do you know how much that hanger cost? Do you know what it took to secure that hanger, in light of the low hanger availability in the part of the country that I live in?
So you answer is no, you cannot provide a link to any site which connects one of your usernames to Embry Riddle.
I know that if the tail number was visible I could prove that plane assuredly belongs to someone other than you.
Quote from Tango 6 Alpha:
That is a Phenom 300:
Do you know who happens to own this one? Do you recognize the hanger behind it? Do you know how much that hanger cost? Do you know what it took to secure that hanger, in light of the low hanger availability in the part of the country that I live in?
Oops. Google images, numbnuts:
http://australianaviation.com.au/2010/01/first-phenom-300-lj-delivered/
I can hear the retort now... "Of course I wouldn't post an image of my actual jet! It's on an ATS rendition mission in Prague!"
http://australianaviation.com.au/wp-content/uploads/2010/01/1_Phenom_300_Delivery_-_Alta_.jpg
GODAMMIT! I'M RICH AND A VERY SUCCESSFUL BIG FOREX TRADER! WHY WON'T YOU LITTLE RETAIL TRADERS BELIEVE THAT?
I AM MISSING A VERY IMPORTANT MEETING WITH NEW INVESTORS WASTING MY TIME HERE ON ET, JUST TO CONVINCE YOU.
That's the problem with you small traders, you just don't realize how valuable time is when you get to my level.
well thanks a lot, you probabaly just all cost me another 1 million (not that a million is that big of a deal anymore)
but it is a big waste of my time
and us big traders don't waste time on ET with little retail traders
SATIISFIED?
next?
I AM MISSING A VERY IMPORTANT MEETING WITH NEW INVESTORS WASTING MY TIME HERE ON ET, JUST TO CONVINCE YOU.
That's the problem with you small traders, you just don't realize how valuable time is when you get to my level.
well thanks a lot, you probabaly just all cost me another 1 million (not that a million is that big of a deal anymore)
but it is a big waste of my time
and us big traders don't waste time on ET with little retail traders
SATIISFIED?
next?
http://www.avweb.com/avwebflash/news/FirstDelivery_EmbraerPhenom300LightJet_201802-1.html
January 6, 2010
First Delivery: Embraer's Phenom 300 Light Jet
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By Mary Grady, Contributing editor
Embraer announced this week it delivered the first copy of its recently certified Phenom 300 executive jet on Dec. 29. Executive Flight Services, a subsidiary of Executive AirShare, took possession of the aircraft at Embraer's headquarters in São José dos Campos, Brazil. Executive AirShare, a fractional operator, already has a fleet of Phenom 100 aircraft, which started deliveries about a year ago. "As the world's leading operator of Phenom 100 aircraft, we have been extremely pleased with the performance and low direct operating costs of this entry-level jet, and hold similarly high expectations for the Phenom 300," said Keith Plumb, president and chief operating officer of Executive AirShare. Embraer's training facility in Dallas, Texas, graduated its first four Phenom 300 pilots last month. All four already held type ratings for the Phenom 100.
The Phenom 300 light jet can fly with a single pilot and seats six to eight passengers. It can cruise at up to 453 knots at an altitude up to 45,000 feet, and has a range of 1,971 nautical miles. AVweb's editorial director Paul Bertorelli took a tour of the jet at NBAA 2009; click here for the video.
January 6, 2010
First Delivery: Embraer's Phenom 300 Light Jet
Email this article |Print this article
By Mary Grady, Contributing editor
Embraer announced this week it delivered the first copy of its recently certified Phenom 300 executive jet on Dec. 29. Executive Flight Services, a subsidiary of Executive AirShare, took possession of the aircraft at Embraer's headquarters in São José dos Campos, Brazil. Executive AirShare, a fractional operator, already has a fleet of Phenom 100 aircraft, which started deliveries about a year ago. "As the world's leading operator of Phenom 100 aircraft, we have been extremely pleased with the performance and low direct operating costs of this entry-level jet, and hold similarly high expectations for the Phenom 300," said Keith Plumb, president and chief operating officer of Executive AirShare. Embraer's training facility in Dallas, Texas, graduated its first four Phenom 300 pilots last month. All four already held type ratings for the Phenom 100.
The Phenom 300 light jet can fly with a single pilot and seats six to eight passengers. It can cruise at up to 453 knots at an altitude up to 45,000 feet, and has a range of 1,971 nautical miles. AVweb's editorial director Paul Bertorelli took a tour of the jet at NBAA 2009; click here for the video.
Tango 6 Alpha, you are on full tilt, and everybody here at the table is just having fun with you.
It's no longer about winning or losing
it's just about how depraved the human mind can be
I know it's kind of cruel
But nobody ever accused traders of being kind
and this is why leverage almost always works
Like the man said, to them that have more shall be given, to them that don't have, even that what they got shall be taken away (I paraphrase, mostly for the sake of those Indiana traders.)
It's no longer about winning or losing
it's just about how depraved the human mind can be
I know it's kind of cruel
But nobody ever accused traders of being kind
and this is why leverage almost always works
Like the man said, to them that have more shall be given, to them that don't have, even that what they got shall be taken away (I paraphrase, mostly for the sake of those Indiana traders.)