Thanks for the kind words. We use writing as a means of analysis - first and foremost we are traders interested in making money, and...
Crashmaker, heh... that brings back memories. What a doorstopper of a book (or two books I should say, as it comes in two volumes). Have to...
Yep. This is why we maintain the ability to vary position size by a factor of 40 to 1 or more. The flip side of the risk reduction argument is...
Welcome to Elite Trader.
Of course rushes exist. They are not predictable every time, but they are recognizable a meaningful percentage of the time, as are the market...
Rand fascinates me precisely because she invites polarizing reactions such as this. I personally think there is some real merit in Objectivism...
I don't want to get into the semantics of one identical trader versus another, because it is a red herring relative to the point I was making....
Who are you talking to and what are you referring to?
China is in far more danger of being overleveraged than the United States, and may even be headed for internal economic collapse. The US has...
The Federal Reserve is Terrified of the Tea Party This leaves one last possibility: The Fed has decided it wants to see President Obama...
http://stocktwits.com/MercenaryJack/message/9525883 Paul Krugman is officially Batshit Insane [img]
Yes, we have researched (and written) a fair amount on the impotence of Fed policy as relating to economic growth. Yes again. We have the...
Post-Fed Recalibration While normal QE3 / normal policy language expectations were baked into the cake, the possibility that Bernanke would...
How much exposure do you have to this trade? Just curious because you seem so intensely focused on what appears to be (forgive me) just a run...
[img] The day Bernanke snorted ten lines of monetary policy cocaine (and told the hawks to go to hell)
Trading Wisdom 26: The Symbol of the Trader "The symbol of all relationships among such men, the moral symbol of respect for human beings, is...
VC Inspired Reflections on QE3 In recent trading of the US dollar, stimulus expectations and reigning conventional wisdom - and you know by now...
Possibly - haven't decided yet
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