Registered: Sep 2008
11-02-11 06:51 PM
Quote from Martinghoul:
There's nothing wrong with derivatives if they're adequately margined and traded on the exchange.
Now you're being funny again...
No just pushing the boundaries of accepted thought. That is much needed.
It is not that I am being funny. I am just looking at it at a way that does not conform to the current understanding that you follow.
I think you are a clever guy. But I find you have difficulty understanding anything outside the accepted understanding in text books, which are wrong.
Even if derivatives can work, under your regulations, the real world use is not working. There is too much room to abuse them.
Simple derivatives, easy to understand, less room to make problems, lower risk in use. Simple.