I'm not sure I've ever made two trade recommendations in the same week, but you guys should be aware of this opportunity if you're not already. If you're looking for a long term trade with the potential to return a double, triple, or even more over the next year, you need to take a look at silver. Gold is on an absolute tear right now, and people have begun quietly talking about $2,500 an ounce gold in the next two years. The relationship between gold and silver has always been linked and, as gold prices itself out of practicality, more and more people will be buying into silver. Over the 20th
17 Sep 2010
I've been lurking for a while so I figured it's time to pull up a seat and start participating in the community. I'm a long time retail options trader with experience in developing spread trading systems. I hope to utilize this forum to network with like minded spirits that have been down the path of leaping from retail trader to fund manager. More specifically, I look forward to learning the process and sharing my experience of starting an offshore fund.
20 Jun 2014
Short sellers get a bad rep when they really shouldn't. I think it's because 90% of the population doesn't understand how you can sell something you don't own, or how you can make money by the value of something dropping. The way I used to explain it to people is that there is only one way to make money in the market: buy low and sell high. You just don't always have to do it in that order. So the Short and Distort is merely the Pump and Dump in reverse. Rather than buying a stock and spreading a bunch of bullshit rumors about how great it is, guys who short and distort sell the stock first
10 Sep 2010
Can you trade bond and equity spreads (aka long/short debt of a company and short/long the same company's equity) out of a personal account?
19 Mar 2013
In nearly all markets (and I'm talking from an equity and index derivatives angle mainly, personally), volume is at a trickle, volatility is flat, spreads are tight as a gnat's arse, and there seems to be no hope on the horizon. Market makers are finding it very hard (and if they disappear, along with it goes a source of liquidity for derivatives, thus further slowing recovery), prop houses and banks. So what is holding recovery back? I'd really like to hear everyone's opinion. I've got my own - banks in equity and derivatives have cornered flow (internalisation), investor confidence is down, everyone's looking for the mythical sure-bet, in Europe and US - a new wave of regulation and potential taxing of exchanges is keeping people off the books and in the dark.
15 Sep 2010
The Irish bailout being unveiled this week will determine the performance of both the Euro and the global equity markets. Irish and Portuguese bond spreads had been widening over the past four weeks, since Ireland again became the focus of bearish investors. Sources claim that the current bailout will be less than 100 billion euros, and will cover the entire country's budget needs for the next three years. Ireland's current budget deficit is about 19 billion euros/year. The problem is that the Irish banking system may need more help than analysts expect. The system has more than half a trillion in assets. According to Reuters, the hole in the commercial real estate sector is greater than 25 billion Euros alone. This does not include potential residential losses.
22 Nov 2010