DislikedGood question. I think there has been some confusion about the direction of the forex market structure and liquidity. In my experience, the market operation is normal now and money is being made. Perhaps Volker's proposal to eliminate prop trading at US banks is part of this, but we know now that his proposal has no support in the US Senate or House. So, perhaps some people are using this time to evaluate their trading careers or are just giving up. In time, things may get back to normal but until then, patience is needed. I am waiting to hear from...Ignored
I'm at a loss on what the future holds. Leverage restrictions I can live with, don't like it, and it may force me into different markets where resources required would be safer but will cross that bridge when it gets here.
I watched the ag reports the other day, and there was an individual (wish I had his name and credentials), but he yapped on about the commodity/futures markets and how legislation was needed to regulate it to bring it back to a tool of the farmers and producers and not speculators.
It seems there's hands or wannabe hands in all the markets at the moment.
I really don't know. The way things work now are in part due to the flexibility of the markets, if they clamp down too much who knows where the money will move too. I agree something needs to be done to insure the fiasco does not happen again, but they are are about to sacrifice the cash cow on the alter of populism.
regards,
As for the thread, seems most of the old gang has moved on, popping back in every now and then. Which is a sign of success or failure, people come here looking for answers, if they find them they grow, if not they move on. As for FTI, I don't want to speak for him, probably just needs a break and apart from the social aspects of the thread, there's not much to add.
Time for a new batch of traders to take up the mantel.