USDTRY has a yield differential right now of 5.35%, If you are leveraged at only 3:1 that becomes 16.05%, 10:1...15:1.... Hmmmm. That also makes it extremely expensive to buy the pair. Get the gist?
|Thread Tools||Search this Thread|
DislikedUSDTRY has a yield differential right now of 5.35%, If you are leveraged at only 3:1 that becomes 16.05%, 10:1...15:1.... Hmmmm. That also makes it extremely expensive to buy the pair. Get the gist?Ignored
DislikedI just got mad one day and decided that if I can't approach the markets with the mind of an investor, then I don't want to trade anymore. I didn't want to game the market anymore, I wanted to trade. Once I began thinking like an investor, I realized what I should have been doing all along.
Just pretend you have a huge pile of money that it's your job to manage, wisely! Who is worthy of using those dollars other than you right now? Who is offering a decent return with the least risk?Ignored
DislikedGotcha.... solid thinking... I'm sold on that one.Ignored
DislikedRemember also, at what price will USDTRY stop paying rollover? Do you see why "value" is kind of a fluffy idea? The risk in the pair is that rates will change and investors will pull out quickly. Other risks include governmental interventions. Basically, you want to pay attention to the big picture and have as many factors on your side as possible. Pay attention to news only in the way it effects those factors.Ignored
DislikedI just got mad one day and decided that if I can't approach the markets with the mind of an investor, then I don't want to trade anymore. I didn't want to game the market anymore, I wanted to trade. Once I began thinking like an investor, I realized what I should have been doing all along.Ignored
DislikedHave you looked at the Equity Millipede Thread?
Most of the key info is in the early part of the thread, fairly interesting. I'm working on something else right now, but building the equity millipede is a concept I can see down the line. I'm still trying to build my grubstake and get my psych under control ATM.Ignored
DislikedOh...one more thing. The trend will persist as long as the incentives are in place, with the exception of the conditions I mentioned in regards to the AUDUSD. Despite my opinion though, the AUDUSD is offering buyers nice returns. There might just be a big enough group of buyers that the trend is never really effected by profit taking.Ignored
DislikedI've looked at that thread a few times. When it comes to the term "trend" we all get confused. A trend to me is just the effect of traders taking advantage of the incentives the market is offering. If a market is giving decent returns, lot's of traders will want to be part of that market and you'll find yourself with a trend. It's quite simple really.Ignored
DislikedThis is where i am stuck atm. All of my OF thinking is done on Fundies...Ignored
DislikedBy the way, what I am working on is basically trying to figure out what the market might be pricing in, and then waiting for events or news that traps them which then causes them to want to get out asap, using market orders that will drive the move causing imbalances in demand/supply.
I guess, figuring out why price is moving and waiting for opportunities to capitalize on the mispricing or for a reason and location to hop in on it, (which would also be a mispricing).
It seems the most inefficient thing about markets is that humans trade them...Ignored
DislikedI think this is something that Darkstar hinted at and you figured out. Thanks for sharing it. Hope DS isn't pissed .
This scenario could be useful for longer term or shorter term traders, depending how good we are at reading order flow.Ignored
DislikedI don't think he would be (considering he actually wrote about it himself, a little bit more in depth as well) and it's not easy to do and requires thought, skill, knowledge and information. I am saying it very simply, and probably wrong, but I will work with this general idea. and overall, just the general idea of order flow trading.Ignored
DislikedThis is the art Soros mastered.Ignored
|Thread Tools||Search this Thread|