What will you do if they ban trading?

arabianights · Feb 22, 2009

It's reasonably easy to conceive of a world where these idiots make trading effectively impossible (I am not saying this is likely) e.g. designate a government market maker in shares and bonds quoting a 5% spread, introduce bretton woods style fixed fx rates and ban derivatives... what will you do then?

MrGecko · Feb 22, 2009

Gather my money and run.

Skill Leverage · Feb 22, 2009

I'll probably go back to jerking guys off for cash

PualoP · Feb 22, 2009

Trade fish down Billingsgate

richi rich · Feb 22, 2009

quoting a 5% spread? lolz

MrGecko · Feb 22, 2009

As much as my answer was said in jest, I would actually do something similar - just sort of drift my way around the world, like a Nomad. The idea of it appeals to me.

Skill Leverage · Feb 22, 2009

Sailing around the world eh...I'll be your first mate any time Gecko.

Unless you're not a virgin, then I'll be your second or third mate. I doubt it can be much higher than that.

barjon · Feb 22, 2009

arabianights said:
It's reasonably easy to conceive of a world where these idiots make trading effectively impossible (I am not saying this is likely) e.g. designate a government market maker in shares and bonds quoting a 5% spread, introduce bretton woods style fixed fx rates and ban derivatives... what will you do then?

you mean like it was when i started 30+ years ago - no problem just widen your timeframe and sit back in your rocking chair all day while the computer gathers dust.

jon

arabianights · Feb 22, 2009

Skill Leverage said:
Sailing around the world eh...I'll be your first mate any time Gecko.

Unless you're not a virgin, then I'll be your second or third mate. I doubt it can be much higher than that.

you love sea men don't you?

arabianights · Feb 22, 2009

barjon said:
you mean like it was when i started 30+ years ago - no problem just widen your timeframe and sit back in your rocking chair all day while the computer gathers dust.

jon

somehow jon I can picture you in a rocking chair already!

richi rich · Feb 22, 2009

barjon u are bare old

dilesh23 · Feb 22, 2009

start trading the CRACK .... spread

barjon · Feb 22, 2009

arabianights said:
somehow jon I can picture you in a rocking chair already!

got me

mauzj · Feb 22, 2009

I'd try to live off benefits.

trader_dante · Feb 22, 2009

arabianights said:
It's reasonably easy to conceive of a world where these idiots make trading effectively impossible (I am not saying this is likely) e.g. designate a government market maker in shares and bonds quoting a 5% spread, introduce bretton woods style fixed fx rates and ban derivatives... what will you do then?

Is overcoming a 5% spread impossible?

I think it would actually make things easier and we'd all start making money at this game.

Whatever limits they put on trading, I would find a way to profit from it unless they literally banned all buying and selling altogether.

I also believe the above scenario may happen soon.

Trader1UK · Feb 22, 2009

What is wrong with the U.S. policies!!! Man they want to ban everything and anything they feel like... wheres the freedom in that?
Why the F**K ban trading, why the F**K ban hedging!!! These crooks cant get enough, they have drained the "Amercian People" out of their saving and still they want more...
F**Kn CROOKS!!!.... Thank F**K im not a U.S. Citizen..!!

mauzj · Feb 22, 2009

Si55AMG said:
What is wrong with the U.S. policies!!! Man they want to ban everything and anything they feel like... wheres the freedom in that?
Why the F**K ban trading, why the F**K ban hedging!!! These crooks cant get enough, they have drained the "Amercian People" out of their saving and still they want more...
F**Kn CROOKS!!!.... Thank F**K im not a U.S. Citizen..!!

It was just a hypothetical question man! I think you might need a chill pill.

Try thinking of your happy place. I'm currently dreaming about white beaches and Summer Glau.

Hotch · Feb 22, 2009

Guess I'd do all those mysterious things that Arabian and the tax man want to know about

shadowninja · Feb 22, 2009

mauzj said:
It was just a hypothetical question man! I think you might need a chill pill.

Try thinking of your happy place. I'm currently dreaming about white beaches and Summer Glau.

Back of the queue, you!

glyder · Feb 22, 2009

arabianights said:
It's reasonably easy to conceive of a world where these idiots make trading effectively impossible (I am not saying this is likely) e.g. designate a government market maker in shares and bonds quoting a 5% spread, introduce bretton woods style fixed fx rates and ban derivatives... what will you do then?

This isn't the first time I've heard this type of question asked recently. Just my luck if the options to trade runout just when I'm begining to make some headway. It'll make the world a far dulller place. Not just for traders but for everyone. Little do they know....
I'm reading Atlas Shrugged at the moment. It reads almost more like a commentary on how the world is becoming rather than fiction.
scary stuff

What will you do if they ban trading?

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