Recent content by BugBear

Hi, I'm a young'ish trader trying to find my niche. Are there any 'full time' traders out there who make a living from ES/YM/ER2 trading? I'm more into forex at the moment but notice over the last month or so I've done better from swing trading the e-mini's, mainly because some of the forex...

You're joking right, if you had that sort of funding your trading potential would be unlimited. Just think of the sums you could lose :cheesy: A lot of the problems described on here could be solved by trailing stops, something the SB'ers refuse to provide?

Why not set a +30 stop loss before you went out clubbing balls? :o

One presumes a huge number of hedge funds are the counterparties to great deal of these credit default swaps, which is great until something goes wrong, then you have something that makes LTCM appear like a storm in a tea cup. This is the moral hazard of modern central banking, everything is...

I think the new Basel rules are only just coming in, ironically they may co-incide with a nice credit crunch :o

Developments in the form of CDO's have blown most of this out of the water, banks only need to maintain minimal equity in these vechicles, the rest can be returned as collateral for further loans. I think the new Basel rules have lifted what little restrictions remain, banks can essentially...

If you started a bank you would deposit some of your shareholders equity with the central bank, this high power money allows outright leverage IIRC (e.g. £10k > £100k). However, with a 10% ratio depositors money of say £10k would back loans of £9k then the £9k may be redeposited with the bank...

Happenin right now :| Hrm, I'm short but I'm scared. Someone hold my hand :) Will we test 400?

Breaking down? Hrm.

Hrm, it's on a different account and to be left open for the week, suppose I could of took profit :o

+70pts on the Dow today, excluding 50pt long I still have open. Up >30pt on the FTSE today and 1505.8 > 1509.9 on the S&P (should have left it open). Good day you think?

Just scalped 4pts from 55 > 59 (in addition to the 4pts spread, hrm)

Do we usually get a nice rally into the close? btw, anyone do better than 4pt spread on SB for dow cash?

Do you have that support due to fib retracement / MA or the trend line?

Ahh, very useful, thanks for that. I forgot to add my main signal is going long when it hits around or below the lower bollinger band and exit towards the upper bollinger depending if %k %d is crossing on a couple of time frames. I'm not brave enough short the reversal even though it appears I...