Keep in mind these thoughts for today: – Obstacles cannot stop you. Problems cannot stop you. Most of all other people cannot stop you. Only YOU can stop you. – There are 3 times when people change – When hurt enough, when they desire enough, or when they learn enough that they want to change.…
DetailsWell….That’ll Learn Ya…
I came across this headline – Knight Capital Says Trading Glitch Cost It $440 Million $10 million a minute. That’s about how much the trading problem that set off turmoil on the stock market on Wednesday morning is already costing the trading firm. The Knight Capital Group announced on Thursday that it lost $440 million when…
DetailsBetter…Sort Of
Still no volume follow through. Widespread participation would be good. Given the mess the inhabitants of Wall Street have made of their own patch I dont blame the majority of people for not wanting to be involved. The perception that this is still a rigged game run by criminals still persists.
Its Friday
And since we are in the middle of the Olympics……
Algo’s In The Local Market
On the way back from the Gold Coast I had the chance to catch up with a mater who I had not seen for many a year. He once had the misfortune to sit next to me on a dealing desk – he has since recovered from that experience and gone on to successfully manage…
DetailsFX Volumes
Snipped the two charts below from Celent Basically they show – 1. AUD/USD volume up 2. Total volume down
DetailsI Have Returned
I have just returned from the Gold Coast aka the inappropriate tattooed bogan capital of Australia. Whilst there I spoke at the AIA Conference, caught up with some folks I knew, heard some interesting opinions and got a sense of peoples feelings about the markets. All in all….not bad. However, during one point in my…
DetailsA Letter From Mark Zuckerberg
Nice little touch up from The New Yorker At Facebook headquarters, we like to have all-night coding parties where we get shitfaced and write algorithms and other computer stuff you wouldn’t understand. I want you to do the same thing, except instead of coding, I want you to click on random ads for Ancestry.com and…
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