Undoubtedly, Togo, who monitors the market in real time, can have thoughts of market control. This usually appears in cases of discrepancy between personal opinion and the development of the event of the market itself.. Usually,the smaller the time format, the more cases , controversial among traders. The fact, what , as you know, only cash flow can guide the direction of a financial asset. This cash flow is not constant over time. The main cash flow comes from large players, who break their entry or exit from the market for a certain period of time. For example, one fund decided to buy 20 million shares, they are not bought for 1 a minute, the fund usually accumulates positions over time, say, on 1 month, that is, about 1 million per day. There is 2 way of execution, or by yourself through your desk, or give an order to your broker. In both cases, the broker or fund will use algorithmic VWAP or TWAP methods , so as not to significantly affect the market and also in search of liquidity, which may not be present at certain times of the day. On some parts of the day and in low-liquid assets, even small prop traders are able to move the asset. So who are the dolls? As you noticed, the main trading volume falls on the first and last hour of the market, roughly speaking, since the main algorithms are precisely tuned for this time. Also , many large brokers executing orders of large funds, work according to this principle , especially, when the broker lacks order execution for the day, at the end of the day he aggressively fills the market order, otherwise, his client will not be satisfied. Therefore, we often see bursts or sharp drops at the closing due to, that brokers are completing orders aggressively with market orders. Failure of stops: If you take any day and take thousands of traders, then there will always be those, who will say, that their stop is ripped off at the very peak or bottom, hence, this is not an objective argument in favor of willfulness. Or rather, suppose, that many traders own those analysis and usually place stops in clusters and therefore there is a surge,but since the stops are placed at certain extreme levels, it often coincides with, that the main cash flow is suspended. Also, recently HFT has become widespread, which in turn added volatility and liquidity. And as in the case of mega trends and mega dolls? Well, if you have hundreds of billions of dollars and a constant flow of the same amount, to be placed in risky assets!!?? It is not posted for 1 month. Here you can turn on & quot; BUYOK & quot;, which will buy out the market in any strait, the same algorithms will use at least, as much as possible can be adjusted to any parameter of the market change. Who are these mega-dolls?? Major known, but there are also those, who is not particularly keen on publicity. One of them and the largest in the world. Meet, colossus WALL STREET — BlackRockwww2.blackrock.com/global/home/index.htm
Some facts about the company. BlackRock controls more money, than the GDP of Germany. The largest fund management company in size $ 3 trillion 450billion Pays only commissions to investment banks $1 billion in 2010. Manages pension funds in the amount of $1.4 trillion of such states, like New York, New Jersey, California and others. Invests in American stocks and bonds $240 billions on behalf of the Central Banks of different countries and sovereign wealth funds of different countries, such as Abu Dhabi Investment. They account for a huge trading volume on various exchanges.. The US Treasury consults with them on the financial due diligence of private enterprises and manages toxic assets in the amount of $150 billion on behalf of American taxpayers after the buyout of AIG and Bear Stearns in 2008. BlackRock is the most influential financial institution in the world. 1988 like a small boutique, Bond Trader Compared To Goldman Sachs, they are usually in the shadows and do not break those financial and reputation laurels. Goldman is more focused on trading and their managers earn much more, than in BlackRock, although manage less funds BlackRock model is based on service fee, Goldman ranks and proprietor( proprietary) positions, however, but Goldman seems to have a more prestigious brand in the public mind. BlackRock has a team of very strong analysts and risk professionals in the bond field and especially in the mortgage market.. They have been collecting data on the mortgage market since 1994. BlackRock helped the Fed and the US Treasury to buy out Bear Stearns , and also AIG,Citigroup,Fannie Mae и Freadie Mac. In 2010, the company is expected to start working $2 billion net on proceeds of $4.7 billion. They became so large by eating other competitors such as State Street Research & Management в 2004G, in 2006 bought an investment block from Merryll Lynch, thus raising assets to $1 trillion. Then they bought Barclays. Also, cool, what did they do filing with the SEC on 5% shares in 1800 companies, which temporarily paralyzed the SEC database. Soon, they are going to start trading , which will allow you to do matching and will allow them to reduce the commission, which they pay brokers. Despite,that Goldman and Black have a partnership , they compete constantly. As soon as the crisis broke out, Bernanke and Gainter were in constant contact with Fink, SAT DOWN, and other management companies. One of the first tasks for Black( chose Black, and not JPM, Goldman и Barclays) there was a rescue of the money-market fund from the Florida local government fund as the collapse of the mortgage market caused a huge outflow of funds from the fund. When Bear Streans went down in 2008, то Jamie Dimon,CEO of JPM, invited a team from 50 BlackRock analysts in order to evaluate Bear's assets. Geintner then offered to manage $30 billions of bad mortgages, which was isolated from Bear prior to the JPM sale. BlackRock played a similar role in the AIG cases.,Fannie Mae, Cold Mac. BlackRock has earned a decent amount of money. This became known after, how Senator Chuck Grassley expressed outrage , that there was a lack of competitive bidding on government contracts and the possibility of a conflict of interest.. Black showed, what will they earn $120 million for 3 years by the FRS.
Stuck with ETFE VXX. The reverse split was done yesterday 1:4 — don't close it today, the broker messed up something with statistics, now they do not allow to close — “Symbol currently cannot be traded.” Wrote a ticket, no answer yet. Had to break the rules — sold the same amount of shares from another broker, it turned out like, neutral position. Already used to, By the way, to different jambs — common occurrence, as well as in the Russian markets. Before it could have thrown thunder and lightning, and now as calm as a tank.
PCI 2010: The first competition to kill working strategies has begun. Which strata will die first? What drives people, merging their work ideas? ABOUT…
I now want to switch from index trading, for trading stocks and futures. Mindful of your indulgence towards beginners and perhaps a desire to help in the first steps, decided to ask you for help. Perhaps some of the questions will be completely stupid., well, excuse me.. ))
1) Based on my practice, advise where is the most correct place to set the stop? Why? (for me this is not a solvable task)
The stop will depend on the idea of your system. There are no generic methods.
2) Written by: Margin requirements (Initial 2970$/ Maintenance margin 2200$) What's the difference between “initial” And “Supports” by margin? If I have 1000$, how many lots can I buy at their current price 0,9162 (австр.дол.).
I.e, originally, to buy one contract, you must have on your account 2970 Dollars. While holding a position, the account should not fall below 2200 Dollars. If you have only 1000 Dollars, you will not be able to buy any contracts.
3) In case of expiration of the contract, my position is closed at the current price? Is it worth keeping?
Yes, closes at the current price, if the broker does not support delivery, and in this case, the date will be different — before the expiration of the contract.. You can switch to the next month's contract in advance or on the same day, that is, sell this one and buy the next.
4) Written by: Commission 6$ for the lot. Min.kom. 10$. Does this mean what the 1 lot, whose current price 0,9162$ on the exchange, I cry 6$ Commission? This is how I will pay off???
Not, if min.kom 10 Dollars, you will pay at least 10 Dollars. It really isn't that much, since only one tick of the full AUD contract, if I'm not mistaken, 12,5 Dollars.
5) Not sure, Did you know, all shares are adjusted on the NYSE? After last week's rise, I can't find any paper, what would fall, although at other times they walk mostly differently. That's why you trade futures?
Not, most of my trade is stocks. Certainly, they are correlated, however, like all stock markets in the world.
Maitrade Hedge Fund In Fullers Pub'e clearly something is added to the beer, because I came up with a brilliant idea)) Thanks, come conforgery))I am hot
Year: 1989 Country: USA Genre: Comedy Duration: 01:29:37 Transfer: Professional (two-voiced) Director: Robert Boris. Cast: Robert Carradine, Michael Winslow, Malcolm McDowell, Randall “Tex” Cobb, Roddy Piper, Tony Plana, Ben Vereen. Description: Herbie Altman, stockbroker, scapegoated by superiors, ended up in a prison cell for the financial machinations of his company with a ruthless sentence 13 years! At first, knocked out of the usual life rut, he gradually got used to and began to develop within the walls of the prison… active exchange activity. Soon, the favorite newspaper of the prisoners became “Wall Street Journal”…
– Traders – it is a separate elite cohort in any bank or financial company. It happens, that professionals make millions for their organization, and sometimes – bankrupt her completely. A striking example – infamous Nick Lisson, the loser of over a billion dollars of the largest English bank, whom the queen herself trusted with her savings. Hedge Fund Manager John Paulson, vice versa, earned billions of dollars during the last crisis, playing down. Том Болдуин, which scalps the market with huge positions, earns hundreds of millions of dollars, and he started with his own money, trading with just one lot.
In general, the times of crushing losses and millions “jackpots” for corporate traders have long passed. To date “nuts” control over traders tightened to the limit. The risk management system is now built as follows, what if someone even really wanted to repeat “feats” Nika Lisson, then it would be impossible. The system automatically blocks the trader, if the level of his losses has exceeded the previously agreed rates. If a trader works with his own money, then that's another story: he is his own boss and there are examples of amazing ups and downs. What is Jess Livermore worth, who made millions from practically nothing during the year, and then in a few weeks lost everything. After that Livermore sold his wife's jewelry, At home, borrowed and again a year later became a dollar millionaire.
80% successful traders do not manage their money, and by means of large trading companies and work under the supervision of professionals. Statistics show that, what in 70% cases, when the trader is on his own, he takes unnecessary risks, which is fraught with big losses.
– What do you control now??
– Now I manage the money of the Omikron corporation, operating in hundreds of thousands of dollars. List of shares, with whom I work, not static. With the help of special screening programs, among thousands of shares, you can find exactly those, that match your trading style. If earlier it was possible to select a portfolio from 10-20 shares and trade it for 2-3 Months, then today in conditions of increased volatility, once a 2-3 day the portfolio has to be revised and adjusted. For me, the most important thing is not the industry, and liquidity, the presence of noise on the action, number of events, risk-reward ratio.
Average trader's turnover, under whose control is $150-200 thousand, is $10 million. a day is about $200 million. per month. And there are tens of thousands of us. So imagine, what money is spinning in the industry. It is we who enable the "big fish" to buy and sell large blocks of shares in a short time, receiving a small reward for it.
-What instruments do you speculate with, and what place among them are the securities of the banking sector?
– There are so many instruments in the American markets, What happens, that you catch yourself thinking, what do you trade with a tool, that suits you, but you understand very distantly, What does this company do in general.
The most important thing is not the industry, and liquidity, the presence of noise on the action, number of events, risk-reward ratio. In my subjective opinion, the banking sector is the most dangerous, as it is poorly subject to technical analysis and extremely emotional. However, among the shares of companies, which I trade, still there are people like, for example, Morgan Stanley (ticker MS), which is listed on the New York Stock Exchange. This instrument has frequent entry signals., a little noise, but the risk at the breaking point is higher, than Wells Fargo, which does not have these terrible candlestick tails and emissions on breakouts of significant levels.
Another famous Credit Suisse sometimes behaves very well.. And there are days, when the securities of this company are dead and give absolutely no signals to enter or exit. We select stocks based on historical data, but we understand whether it is possible to work with them only during the session. Maybe this, that yesterday the paper gave a lot of opportunities to earn, and today we need it “take a vacation”.
Deutsche Bank is usually in a good trading range, but I find it difficult to analyze supply and demand in Level2. Can, certainly, and without it, but without this tool the chances of success are reduced.
HSBS (ticker HBC) - good volumes, but the entry signal is usually never confirmed, that is, you need to immediately make a decision. It has no transient state, Grows upwards, and then "bangs" down. But there is little noise and a fairly accurate tilt angle, if more 45% up, then in no case should you think about opening short positions.
Citi Bank is not good for intraday speculation, as it has a too low denomination and the trader will go broke on commissions. Potential movements that are too small are associated with this., I naturally mean in cent, not in percentage terms
– Everyone is interested, how much can a trader earn in “prime of life”. How much do you get?
– Let's start with this, what am I, as a specialist, I am very expensive. For example, already in 25 years I became the winner of international trading competitions. Add to this an impeccable reputation, which I support for a long time, which in itself is also very difficult. Knowledge helps me in my work, received in universities. I graduated from the Faculty of Economics, Moscow State University, and then – MBA in Investment Management at the Higher School of Economics. Education and experience – this is the basis of work in the field of trust management.
Like any professional, I went to success in stages. In the beginning, I received 50% income from the amount given to me in management, but for today i take 98%. The company is enough 2%. After all, for the organization – this is secondary income. Her main profit is part of the commission, which the broker returns. The company will never go to waste. The organization, which work according to this scheme, are considered very reliable, as for them the risks of bankruptcy are extremely small.
Trading – this is a highly profitable profession. Logically, what's on the exchange, if one wins, means, someone else – loses. But I don't see anything wrong with that: eventually – it's just business. Standard competition laws apply here – the best profit. Nobody bothers outsiders to improve their professionalism, for example, in trading schools, and stand out in the ranks of the winners.
– Is it difficult to become a professional trader?
– The hardest part – it is to learn to apply knowledge in time, while controlling your emotions. The big problem is, that you can't take someone else's experience and use it. For different people, the same stock can be overly fast., it will be difficult to make a decision on it, so too slow. Than short-term speculation, the more important is the experience and skills gained. To an extent – it's a trial and error. But the road to success will be shorter, if there is an experienced comrade nearby.
The beauty and horror of day trading at the same time is, that in order to master this profession you do not need to graduate from specialized institutes. To understand whether you can master this profession or not, just get the necessary knowledge, practice mnemonic skills and trade.
A foundation of theoretical knowledge for mastering the profession of an intraday trader, fits into two workshops on 5 hours. The rest of the time is practice on virtual accounts and hone your skills.. It can take from a week to months or even – years in difficult cases. Now Stock Trading School is negotiating with the Omikron trading corporation, so that she gives the best graduates of Stock Trading School money for management without making a risk deposit or minimizing it. Naturally, to get a recommendation from us, taking a forty-five hour course "Professional Day Trader" will not be enough. You still need to trade from our dealing rooms on virtual accounts under our guidance. The trader must gain experience, and we – statistics of his operations. With its help, we will be able to find the weak and strong points of the trader and together choose the exact style of trading., which suits and will bring money to this particular specialist. In trading, there are no universal solutions for everyone and everything is highly personalized.. So the only approach is, fruitful, – this is an individual training, based on the, how the trader perceived and reproduces that information, which he received in the first ten hours of theoretical studies.
– I only teach in my free time from trading. During my work, I show by personal example the algorithm of actions of a professional trader.. In addition to me, the school also has successful and experienced traders and teachers., who constantly monitor and help beginners. More and more of us, as successful traders switch from Russian exchanges to American ones. I have never seen the reverse process..
Besides, we have released two video courses on active professional trading. We did this to facilitate the learning process.. Many additionally require an alternative to live seminars form of information submission. In a live lesson, you can accidentally miss something, do not have time to write down or just forget. Eventually you can be late for the seminar. And an additional video course will refresh your knowledge and fill in the gaps. The only thing, what you need after studying our video courses, – it is to gain experience, first on a virtual account, and then – on the monetary. This is also best done under the supervision of professionals..
Our video courses – it is the foundation for successful trading. Having studied them, all that remains is to gain experience. It can be free, if you stick with that, what did you learn in the video course, or can cost a pretty penny. The market is a great teacher, who does not forgive negligence and punishes those, who doesn't work, but just playing. This is the main difference between a professional trader and an amateur.. Professional earns, and an amateur – plays, like in a casino.
– Crisis triggered a wave of allegations of fraud in securities trading and fund management in the West. Is it true?, that professional traders are often tempted to engage in scams?
The reason is rather not some malicious intent on the part of traders., rather, in the unjustified excitement of some hedge funds, which allow traders to take on increased risks. As for the acclaimed Goldman Sachs scandal (paper, prohibited for trading in most dealing rooms), then this is due to the wrong, that they were accused or suspected of something, and with that, that the average risk / reward ratio is unacceptable for the intraday trader. The beginning of the session there is generally a disaster and is more like gambling in a casino., than to work. Whatever the scandals in the American stock markets, they remain the most transparent and honest. This is one of the main reasons, why 99,9% professional traders choose NYSE , AMEX, NASDAQ. At these sites, everyone has equal opportunities to work and earn money.. There is no insider factor here, does not allow to work normally on Russian and other developing exchanges and even some platforms of developed countries.
– Agree with the opinion of the information portal “My finances”, that you are ripping the stock market bread out of grasping American teeth?
– I need to make money and I do it. Then you might as well say, that a more experienced surgeon will take money away from a less experienced one. So you can get to the point of absurdity. Trading – it is one of the few industries, where you can get decent rewards at an early age. Overall, it's like a sport, that is, a profession for young. Although, there are exceptions. Nevertheless, if you have a good high-paying job, do not leave her immediately after, how did you make your first thousand dollars. Different time zones between Russia and the USA allow you to try yourself as a trader in the evening, because American markets open in 17.30 and close at midnight Moscow time. Nevertheless, I can not but rejoice that, that among my students there have already appeared those, for whom trading is the main income. We are now deciding, where will we trade in summer: in Bali or on the Cote d'Azur. Our work is not tied to a specific place. The only thing, what we need – these are computers, stable working internet and close people around.
“My favorite stocks” NYSE
XOM Exxon Mobil Corp V Visa Inc WMT Wal-Mart Stores Inc TOT Total SA TM Toyota Motor Corp TIF Tiffany&Co SLB Shlumberger Limited SNE Sony Corp SI Siemens AG SAP SAP AG RY Royal Bank of Canada RNR Renaissancere Holding REP Repsol YPF SA PM Philip Morris PG The Procter & Gamble PEP PepsiCo Inc NKE NIKE Inc MCD McDonald MAR Marriott KO Coca-Cola JNJ Johnson&Johnson HSY Hershey HPQ Hewlett-Packard HOG Harley-Davison HMC Honda HLF Herbalife FDX FedEx DB Deutsche Bank COP ConocoPhilips CAT Caterpillar BHP BHP Billiton BA Boeing
NASDAQ
SBUX Starbucks ORCL Oracle MSFT Microsoft AMZN Amazon.com AAPL Apple AMEX SPY GLD BTI British American Tobacco DIG Ultra Oil & Gas ProShares
AMEX
BTI (British American Tobacco), SPY, SSO, SDS, FAS, DOES
Name: Broker Original name: Quicksilver Year of manufacture: 1986 Genre: Thriller, melodrama, drama Released: USA Director: Thomas Michael Donnelly Starring: Kevin Bacon, Jamie Hertz, Paul Rodriguez, Rudi Remos, Laurence Fishburne. Description: Kevin Bacon as a successful Wall Street broker, which one day goes broke, losing absolutely everything. Having woken up a little, he suddenly decides to use something, what nature has endowed him with, in the field of bicycles. Yes. He becomes a messenger, delivering mail on a bicycle. A somewhat goofy jumble of comedy and melodrama. The only thing, perhaps, what might interest the viewer – is to learn about the life of such cyclist messengers. Maybe, someone will intercept the idea and start their own business?
I think who has been reading me for a long time, that a long time ago the original chat was with svyat and everything was fine. He had a wonderful blog smartapple.biz, unfortunately which he stopped keeping., but turned into a good forum for traders. Over time, he opened the Trader Pool useful for beginners. It is profitable for him and cheaper for beginners. Initially, he collaborated with RTFM, but they had problems, it’s good that they couldn’t outbid me, because a month before MIG-Invest asked me to write a couple of posts about them and help with the site from a technical point of view. I don't need money, just like to help, I love everything new. Everyone who contacts me knows, that I just spend my time on them, I analyze transactions and help with errors, without asking for anything in return and without luring you to your broker. Then he was lured away by broker JC and then our paths diverged, the person began to sort out my words and try to put in a bad light. Ultimately deleting me from Chat and I stopped all communication with him. Well that's so backstory… The pool is currently cooperating with Avalon Fund Aktiv , but before that he tried in every possible way to denigrate MIG-Invest . Compare 2 site and you will understand. I think a lot of people remember, what I said after deleting me …