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The Really Useless Thread

  • #125,141
  • Nov 29, 2012 12:56pm Nov 29, 2012 12:56pm
(Blatantly stolen...without permission...from ZH. Muchos respect, though.)

Epic!!!

-----------------------------------------------------------------------------------

Fattest Finger Ever Slams Stockholm Stock Exchange With $70 Trillion Buy Order

We have seen some supposed 'fat-finger' trades in the last few days but Stockholm's stock exchange was brought to its knees yesterday as a record-breaking order hit the book and halted trading for four hours. A 4.3 billion contract buy order in the OMX30 futures (the Swedish equivalent of the Dow futures) caused the fiasco. This is equivalent to a SEK460 trillion notional exposure - or 131 times the Swedish GDP (around USD70 trillion). As one trader of the exchange noted, via SvD Narangsliv, "This just shows that it can get really bananas with machines" referring to the growing element of automated securities trading on that exchange. What's Swedish for FUBAR?

http://www.zerohedge.com/sites/defau...er_988200c.jpg
  • #125,142
  • Nov 29, 2012 1:02pm Nov 29, 2012 1:02pm
William Banzai...the master...

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"We all know what to do, we just don't know how to get re-elected after we have done it."--Jean-Claude Juncker "Mr Euro" aka "Claude-Des Fraude"


Jean-Claude is a Eurocrat sleaze
He suffers from ass-face disease
Don't pinch his cheeks
He shits when he speaks
And duck if he happens to sneeze

The Limerick King

  • #125,143
  • Nov 29, 2012 1:07pm Nov 29, 2012 1:07pm
catch up with u guys after a nap... i literally got home last night at 1am or so from that work job and stayed up and traded.... kinda scares me how long i can stay up now with no sleep since i started that job...

bbl

FukinPTFukinL
  • #125,144
  • Nov 29, 2012 1:12pm Nov 29, 2012 1:12pm
Quoting fxjawn
catch up with u guys after a nap... i literally got home last night at 1am or so from that work job and stayed up and traded.... kinda scares me how long i can stay up now with no sleep since i started that job...

bbl

FukinPTFukinL
Laterz. Sleep well, Madonna.
  • #125,145
  • Nov 29, 2012 1:15pm Nov 29, 2012 1:15pm
Quoting kenfen69
Laterz. Sleep well, Madonna.
its only noon here ill b u at 5 or so...

byeeeee
  • #125,146
  • Nov 29, 2012 1:18pm Nov 29, 2012 1:18pm
Quoting Mr Hatch
don't wanna become commercial as well.
That shite doesn't bother me. If somebody is going to be silly enough to follow my trades (even PO's that are posted for days) in a completely uncontrolled manner??? Well...happy account suicide...and thanks for your capital!
  • #125,147
  • Nov 29, 2012 1:18pm Nov 29, 2012 1:18pm
Quoting fxjawn
its only noon here ill b u at 5 or so...

byeeeee
Cheers brother...sleep well.
  • #125,148
  • Nov 29, 2012 2:27pm Nov 29, 2012 2:27pm
LOL cheerz mate
Quoting chazzle
serves you right for having such a good entry
  • #125,149
  • Nov 29, 2012 2:30pm Nov 29, 2012 2:30pm
Quoting kenfen69
Sup Larsey...you well?
Very well indeed
  • #125,150
  • Nov 29, 2012 2:30pm Nov 29, 2012 2:30pm
Quoting kenfen69
  • #125,151
  • Nov 29, 2012 2:37pm Nov 29, 2012 2:37pm
Quoting fxjawn

bbl

FukinPTFukinL



you toolshed, I needed a good laugh...
Look Sharp/Trade Tight
  • #125,152
  • Nov 29, 2012 2:41pm Nov 29, 2012 2:41pm

Cheers matey

Just trying my best, gotta build up the account to get on as a full timer though. I hope soon


Quoting kenfen69
Nice trading, geezer!

Can never get them all. You're not dealing in crumbs in what you're banking there.

Nice to see...great stuff!
  • #125,153
  • Nov 29, 2012 2:44pm Nov 29, 2012 2:44pm
Quoting Larseg
Very well indeed
Hi Captain After-The-Fact!

I only cared how you were doing yesterday...question void today! Worm-hole me might care...but I can't find him.
  • #125,154
  • Nov 29, 2012 2:47pm Nov 29, 2012 2:47pm
TC bro

Quoting fxjawn
its only noon here ill b u at 5 or so...

byeeeee
  • #125,155
  • Nov 29, 2012 2:47pm Nov 29, 2012 2:47pm
Crazy, crazy shite (again, ZH (and Nanex...market forensics))...

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The Danger Of Dyslexic Headline Scanning Algos

Whiting Petroleum just experienced a 'fat-finger' as we are sure Pisani and his ilk will describe it. What clearly happened was the headline/story scraping algos were tripped up by a sentence containing a bullish start and a bearish finish...


Whiting Petroleum Corp. explored selling itself [BULLISH buy buy buy] earlier this year but decided not to proceed after buyers balked over the oil producer’s asking price [BEARISH sell sell sell], according to people familiar with the sale efforts.

By the time the algos had read that first sentence of a WSJ Deal Journal blog post, the stock had pumped-and-dumped over 8% in 250 milliseconds - at which point humans entered the party (and sold). Efficient liquidity providers indeed.


http://www.zerohedge.com/sites/defau...121129_WLL.png

and in more detail - the action took place in 250 milliseconds as the sentence was read by all those liquidity-providing algorithms...

http://www.zerohedge.com/sites/defau...21129_WLL1.png
  • #125,156
  • Nov 29, 2012 2:51pm Nov 29, 2012 2:51pm
Quoting hkkhanus

Cheers matey

Just trying my best, gotta build up the account to get on as a full timer though. I hope soon
Won't be long if you keep doing what you're doing!
  • #125,157
  • Nov 29, 2012 2:53pm Nov 29, 2012 2:53pm


I have my eyes on you biatch!
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  • #125,158
  • Nov 29, 2012 2:54pm Nov 29, 2012 2:54pm
Quoting kenfen69
Crazy, crazy shite (again, ZH (and Nanex...market forensics))...
Headline/story scraping algos!?!

Tough to get a jump on those. That is some SERIOUS geek shit! :nerd:
  • #125,159
  • Nov 29, 2012 2:56pm Nov 29, 2012 2:56pm
Quoting kenfen69
Should be action ahead...

http://www.forexfactory.com/attachme...1&d=1354212068

Place your bets!
Updated...

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Close, but no go on the last top attempt...how about the bottom?

DTEMA right there, too.
  • #125,160
  • Nov 29, 2012 3:01pm Nov 29, 2012 3:01pm
the only problem is .... with trading, I have the patience of a 5 years old
Quoting kenfen69
Won't be long if you keep doing what you're doing!
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