M6 - Man, Mind, Money, Markets, Method & Madness
- Thread starter DSM
- Start date
A good trader knows his entries and SL level at time of entry. He also knows his targets, or if having open targets, will trail entries with SL. Following this rule, trading becomes objective. The RR known at the start. In absence of which, trading becomes tentative and unclear as depicted in this image.....
Use These Four Numbers to Measure Your Financial Success
http://twocents.lifehacker.com/use-...rce=lifehacker_facebook&utm_medium=socialflow
Money site Financially Blonde runs down some basic measurements of financial success. According to the site:
"I have compiled a list of qualities that I think a financially sexy person has, and just as the Commodores tried to define physical sexiness in 1977 as 36-24-36, I like to say financial sexiness looks like 750-35-15-35."
The measurements, according to the site:
http://twocents.lifehacker.com/use-...rce=lifehacker_facebook&utm_medium=socialflow
Money site Financially Blonde runs down some basic measurements of financial success. According to the site:
"I have compiled a list of qualities that I think a financially sexy person has, and just as the Commodores tried to define physical sexiness in 1977 as 36-24-36, I like to say financial sexiness looks like 750-35-15-35."
The measurements, according to the site:
- A credit score of 750 or higher
- Credit card utilization of 35% or lower (using only 35 percent of your available credit)
- Saving 15% of your gross income
- A debt-to-income ratio of 35% or less
The Fed’s enormous balance sheet - Edited excerpt
http://www.marketwatch.com/story/the-feds-enormous-balance-sheet-in-seven-charts-2014-04-18
The Fed’s balance sheet is approaching $4.1 trillion, a hard number to wrap your head around. It’s a big number, even by Washington standards. It’s twice the government expenditures for all 50 states, equal to the net worth of 56 Bill Gates and could buy 6.5 billion iPhones, notes Vincent Reinhart, chief U.S. economist at Morgan Stanley.
How did the Federal Reserve’s balance sheet get so big? What does it mean for markets? Will it lead to crippling inflation down the road? With the Federal Reserve publishing its annual report on its open market operations, it is a good time to look at the balance sheet under a microscope. The balance sheet was expanded under the leadership of former Fed Chairman Ben Bernanke. Many think that the principal task of his successor, Janet Yellen, will be to reduce the size of the Fed’s asset holdings without upsetting financial markets.
With short-term interest rates stuck at zero, the Fed began in the spring of 2009 to buy $1.1 trillion of Treasurys and mortgage-backed securities in a program that became known as quantitative easing. The idea was to bring down long-term interest rates and spur growth. Investors were also expected to be pushed out of safe assets and take more risks.
In 2013 alone, the Fed’s balance sheet actions resulted in cumulative additional purchases of $1.02 trillion of longer-term securities to a year-end level of $3.8 billion. During the year, Treasury holdings grew by $543 billion and MBS (Mortgage Backed Securities) holdings grew by $509 billion. The Fed projects its balance sheet will peak at $4.2 trillion late this year as the Fed has begun to taper its bond purchases. What it means is that central bank has transferred the risk of higher interest rates to their balance sheet from the private market. Many economists think the Fed will not sell any assets. Selling the assets would tighten credit, the opposite effect of quantitative easing.
There is a record $2.5 trillion of excess reserves are sitting on commercial banks’ books. A big fear among some economists is that when banks decide to lend this money, it will lead to substantial inflation. The Fed would hike the interest rate it pays on excess reserves if it wanted to tamp down inflation pressures.
http://www.marketwatch.com/story/the-feds-enormous-balance-sheet-in-seven-charts-2014-04-18
The Fed’s balance sheet is approaching $4.1 trillion, a hard number to wrap your head around. It’s a big number, even by Washington standards. It’s twice the government expenditures for all 50 states, equal to the net worth of 56 Bill Gates and could buy 6.5 billion iPhones, notes Vincent Reinhart, chief U.S. economist at Morgan Stanley.
How did the Federal Reserve’s balance sheet get so big? What does it mean for markets? Will it lead to crippling inflation down the road? With the Federal Reserve publishing its annual report on its open market operations, it is a good time to look at the balance sheet under a microscope. The balance sheet was expanded under the leadership of former Fed Chairman Ben Bernanke. Many think that the principal task of his successor, Janet Yellen, will be to reduce the size of the Fed’s asset holdings without upsetting financial markets.
With short-term interest rates stuck at zero, the Fed began in the spring of 2009 to buy $1.1 trillion of Treasurys and mortgage-backed securities in a program that became known as quantitative easing. The idea was to bring down long-term interest rates and spur growth. Investors were also expected to be pushed out of safe assets and take more risks.
In 2013 alone, the Fed’s balance sheet actions resulted in cumulative additional purchases of $1.02 trillion of longer-term securities to a year-end level of $3.8 billion. During the year, Treasury holdings grew by $543 billion and MBS (Mortgage Backed Securities) holdings grew by $509 billion. The Fed projects its balance sheet will peak at $4.2 trillion late this year as the Fed has begun to taper its bond purchases. What it means is that central bank has transferred the risk of higher interest rates to their balance sheet from the private market. Many economists think the Fed will not sell any assets. Selling the assets would tighten credit, the opposite effect of quantitative easing.
There is a record $2.5 trillion of excess reserves are sitting on commercial banks’ books. A big fear among some economists is that when banks decide to lend this money, it will lead to substantial inflation. The Fed would hike the interest rate it pays on excess reserves if it wanted to tamp down inflation pressures.
Hi
Here a link which simulates a high frequency trading desktop: https://traderstrophy.com Just press: Try our trading simulation. You have to answer the calls and you have to trade according to market moves and according to your open positions.
If you want to work in such a company, you have to pass three different tests. Here a link which will give you an idea how such test look: http://tradertest.org.
Good fun and to not forget where you placed your easter eggs in the garden or in your house.
Here a link which simulates a high frequency trading desktop: https://traderstrophy.com Just press: Try our trading simulation. You have to answer the calls and you have to trade according to market moves and according to your open positions.
If you want to work in such a company, you have to pass three different tests. Here a link which will give you an idea how such test look: http://tradertest.org.
Good fun and to not forget where you placed your easter eggs in the garden or in your house.
Thanks Dan..... Seems an interesting link, and an Easter goodie! Am logged in thru iPad, so will check out via laptop tomorrow.
Wishing one and all a Happy Easter Sunday
Wishing one and all a Happy Easter Sunday
Hi
Here a link which simulates a high frequency trading desktop: https://traderstrophy.com Just press: Try our trading simulation. You have to answer the calls and you have to trade according to market moves and according to your open positions.
If you want to work in such a company, you have to pass three different tests. Here a link which will give you an idea how such test look: http://tradertest.org.
Good fun and to not forget where you placed your easter eggs in the garden or in your house.
Here a link which simulates a high frequency trading desktop: https://traderstrophy.com Just press: Try our trading simulation. You have to answer the calls and you have to trade according to market moves and according to your open positions.
If you want to work in such a company, you have to pass three different tests. Here a link which will give you an idea how such test look: http://tradertest.org.
Good fun and to not forget where you placed your easter eggs in the garden or in your house.
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