+1.30 / contract from entry per now. Stay in the trade, more to come. Strange though, that DAX seems to go in the same direction. You have any (fundamental) explanation, Asusilovic?
âThe start of 2011 might be quite good as we still have a lot of liquidity driving the market,â said Michael Koehler, head of strategy at Landesbank Baden-Wuerttemberg in Mainz, Germany. âThe latest economic data that we got, especially from the U.S., was overall really good and we will definitely not see a double dip. Though the sovereign debt crisis issue is still not solved.â Yes, German mutual fund managers have the PERFECT explanation. Of course idiocy must be learned within a bank. The most "surprised" and "clueless" during the crisis have been bankers and mutual fund managers...as always. On the other hand: how would I consistently beat the market if there wouldn´t be "smart" people like Mr. Koehler?
BTW, excellent trade. I see a much higher upward move coming. We bought March calls en masse last week. And bought cheap FDAX starngles en masse. That´s going to be a nice vola trade in FDAX and FGBL.
I find it disingenuous that you trumpet and post the closing trade on all your wins but the losses, esp. the 'buy everything you can get, buying more again' variety go unaccounted- whilst you mock someone who actually is honest enough to comment on his losses. and now, after being 'all in' short, you're declaring you've been long en masse since last week. gmafb. i thought you had pretty good credibility here but, upon further review, when you have losers you almost never declare a loss or a stop out. instead, you have, seemingly, unlimited capital and ride out huge losses and then declare you're right after they turn. or, as in cases like i cited above, you just ignore your declarations of massive positions as if they never happened and then, after a period of radio silence, come back spouting about being long for the past week and what a great trader you are. great traders i've met from this site are pretty fast to acknowledge their bad trades. in fact, they post more about them than the good ones. anyone can manage a trade that goes their way, but when it's real money, capital is not unlimited. you're a smart guy, but your credibility as a trader to anyone paying attention to your posts is more than questionable. yeah, i know, you want me to leave 'your' thread. wouldn't want to have any accountability now, would you?
I'm fighting with flu but, hey, did you observe that on 21st dec calls were already several days expired?
Full Tilt, you have a large problem and this is your ego. Every informed person here on this board knows that I am a professional CTA. Our managed futures programs are up + 105.53 % (end of November 2010) and +29.66 % (end of November 2010). Our Manged Forex Program is up + 552.50 %. My company is the fastest growing CTA / Manged Forex company out there in the industry. We have launched a couple of days ago our GIM High Opportunity Forex Fund. Now, if you want to let your personal account grow : you may have a good idea of what you should do - let it manage by an expert, hum ? And for the record : This is not investment advice. Past results are not indicative of future performance. Have a nice day ;=)
Speaking of forex, I gave somebody christmas presents, I didn't realize that when enter into SMI (buy) and FTSE I'm going to be stuck in the middle of <ccy>/CHF war. I kind of deperately shorted EUR/CHF 125.11, , but went out at 125.22, obviously few hours before it went towards 124.50. With no liquidity all starts to be forex game ...