Why Is The Obvious Not So Obvious?
- Thread starter nysestocks
- Start date
Quote from nysestocks:
W87 - this is a good chance to see how observant you have been - I said something, a "few" times that is very relevant to what has been recently posted!
Do you, or anyone else for that matter, have any idea what it might be?
It is very obvious that 2 people do not
Oh I beg to differ. I think there are probably more than 2 people reading this thread who have a fairly good idea. Indeed, pairs don't have to be pairs. With the proper use of leverage you can turn pears into apples and make a big basket of fruit. Still doesn't stop that big bad bastard of a black swan biting you in the arse every now and again.
Tis a good strategy though and one that many here could learn a lot from.
As I said earlier, this is THE best thread on ET at the moment. I never usually ever bother posting but this one has some high calibre thinkers involved and as I am a total novice I believe I can always learn something from such folk.
Anyway, we digress and I know that in no way do I need to lecture NYSE on how nasty swan bites can be. I know that I still have much to learn...
Perhaps it is time for us to "open" ourselves to other "interests" and move along the "path" just a little further. Is it worth us turning our discussions to something slightly more "exotic"?
Wadayareckon?
Perhaps it is time for us to "open" ourselves to other "interests" and move along the "path" just a little further. Is it worth us turning our discussions to something slightly more "exotic"?
Wadayareckon?
This is the thread that just keeps giving. Have re-read the majority of it for a 2nd time and picked up on an enormous amount of stuff that I missed the first time round.
Dunno what I was thinking when I presumed that NYSE was just pair trading a basket. Clearly not the case. Twas a brief foray back into the realm of idiotdom that I thought I had left behind. Oh well, does one good to slap oneself down as soon as you think you know something...and realise that you don't actually know anything.
Obviously there are a tiny number of insiders out there that actually "know" something and I would imagine they are the ones making the real money in the markets. To that end I would suppose that to genuinely "know" something of value is the true "holy grail" of trading.
Dunno what I was thinking when I presumed that NYSE was just pair trading a basket. Clearly not the case. Twas a brief foray back into the realm of idiotdom that I thought I had left behind. Oh well, does one good to slap oneself down as soon as you think you know something...and realise that you don't actually know anything.
Obviously there are a tiny number of insiders out there that actually "know" something and I would imagine they are the ones making the real money in the markets. To that end I would suppose that to genuinely "know" something of value is the true "holy grail" of trading.
This is the age of the internet mate.
Google is your best friend. You'll learn far more finding the info for yourself than if I try to explain it to you.