Quote from dont:
I can't agree, the so called big boys can't trade worth a damn.
Its not their money so they don't care. How many retail traders have been hurt in the sub-prime mess. None, everyone who was hurt were so called hedge funds and banks.
Why do you think they bought that junk, because they knew that for a few years they could show great results and earn the fees until the inevitable bump came. But hey its not my money and I have earned a few multi-million dollar bonus now I put my cash in treasuries and retire.
Give me some guy who day in and day out hacks a living, without having to trade in some exotic hundred year derivative that he marks to myth any day.
