For decades, the US dollar has been the cleanest dirty shirt laundry. Sadly, the recent bizarre foreign policy has forced a new laundry to open up...
Most "physical cash" is credit. However, most things I have read say that most M(123) money is debt due to fractional reserve banking. Therefore...
I would be interested in more information on this for me to research further.
.... and most ordinary folks have assumed the other position! Bread and circuses. Keep them fed and keep them entertained and keep them fearful....
For background, I believe I read an estimate of about 160 million a day being pulled out by HFT. (That seems too high to me) Using Vicirek's...
Absolutely correct and that is why I got out in 2008 with the explosion in FTD (overstays) that suddenly appeared....
The explanation of the 1987 crash has always bothered me. I was new to markets then and didn't understand the world as deeply as I (think I LOL!)...
Interesting. Do you have any more insights into what the cause of the 1987 crash was? Is it related to your opening comment? I pay for my stocks...
Boy am I confused: http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370541706507#.U2Jy8flklJh One day markets are said to be rigged,...
+1 This comment show an excellent depth of market understanding. Day traders live and die by its implications....
Before late 80s and early 90s. Back then, the concern was getting robbed by specialists and MMs and getting bad fills. However, back then I could...
Perhaps the HFT issue is about the size and amounts of shares traded. Since my positions sizes are larger than most retail traders accounts, it...
1) When I went for consistency, I ultimately dropped all backtesting and holy grail searches. In my early years, consistency was not what I...
+1 When I work out a trading methodology, I always take into account who is selling to me and why. When one thinks that way, there are fewer...
I didn't say any of this. You set up a strawman argument and knocked it down. I don't think you understood what I am saying. Why would it matter...
Your first paragraph IMO describes guilt pretty well. Beware of self-sabotage until it is resolved. The breakthrough will come from courage and...
Yes, precisely.
My 2 cents: 1) of course it does by increasing slippage or the friction of taking or removing larger size positions. 2) backtesting for 100...
I wonder how many people will understand how superb this reply really is?
The rather odd comments on this website about HFT not affecting trading, have lead me to believe that MOST people who comment on ET are not...
Separate names with a comma.