The DESTRUCTION of trading volume.
- Thread starter Grandluxe
- Start date
i remember trading when volume was less than a billion a day.
Who Creates Billionaires? Stocks or Forex
Start Forex trading which has transactions of $4 Trillion per day or $1,100 Trillion per year.
http://www.elitetrader.com/vb/showthread.php?s=&threadid=218370
Bias statistics. or B.S. statistics.
volume may never be as high as 2007 as bear stearn, lehman bro.s and dozens of bank prop desk shut down plus we are in 'recession' the casinos in Las Vegas is empty too.
interest rates may be 0% but --access to capital-- is greatly reduced risk is reduced. the move of capital to gold and commodities is a fear trade or inflation trade...not a sign of growth or optimism of the future.
central bank quantitive easing is bearish to the economy not bullish. it means the central bank is desparate
The problem is the gov't deficits cannot be covered without printing money, there is no lenders to the gov't. There is not that much money in the world or people's savings.
Savings=investments.
the problem with gov't is it's spends on wars etc and wastefult gov't bureacracy producing what?
ie. gov't spend 500 million in SEC, now what value does the SEC produce to the economy?
as for the military, 500 billion per year and there isn't even a 'real war'. 50% of the military is backoffice stuff.. only a few of the military is in the frontlines.
the reality the gov't is INEFFICIENT in allocating limited capital.
it's the number of participants not the volume. before there wer 100 guys trading a contract no there is 35 guys in the trading pit.
volume may never be as high as 2007 as bear stearn, lehman bro.s and dozens of bank prop desk shut down plus we are in 'recession' the casinos in Las Vegas is empty too.
interest rates may be 0% but --access to capital-- is greatly reduced risk is reduced. the move of capital to gold and commodities is a fear trade or inflation trade...not a sign of growth or optimism of the future.
central bank quantitive easing is bearish to the economy not bullish. it means the central bank is desparate
The problem is the gov't deficits cannot be covered without printing money, there is no lenders to the gov't. There is not that much money in the world or people's savings.
Savings=investments.
the problem with gov't is it's spends on wars etc and wastefult gov't bureacracy producing what?
ie. gov't spend 500 million in SEC, now what value does the SEC produce to the economy?
as for the military, 500 billion per year and there isn't even a 'real war'. 50% of the military is backoffice stuff.. only a few of the military is in the frontlines.
the reality the gov't is INEFFICIENT in allocating limited capital.
it's the number of participants not the volume. before there wer 100 guys trading a contract no there is 35 guys in the trading pit.
