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PCA

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Posts posted by PCA

  1. Could be many reasons why entering the 10 items line with 14. Did he count them? Dare to claim he is not doing it regularly.

    5 seconds longer to wait for the guys behind him or what else.

    Pretty sure that if the French would have shared his clip most people here would have got more sympathy.

    Yes bragging about nationality, status and money is annoying but beyond that I do very much agree to his behaviour.

     

  2.  

    Many thanks for all the constructive responses, very much appreciated.

    I am now sorted with the assistance I was seeking.

    Cheers

    Gary

     

    easy Gary,

    you are already doing ok then just tenfold your position size and you'll do well accordingly.

    Should things unexpectedly go sour just ask pros like 4evermaat or Manarak and they'll be continuously of great help.

  3.  

     

    hard to believe that you were a trader, might be true that you were working at the DTB though. Serving drinks and cookies or such is my guess.

    The first question I always ask when meeting an ex-trader is why did you stop but I actually shouldn't.

    ... says the "math is disturbing" guy, LOL.

     

    I like the one with almonds, thank you.

    that you believe there were any traders actually working "at the DTB" actually shows your ignorance.

    trading at the DTB has always been fully computerized and decentral.

    you are a plonker.

     

    still love those cookies and trying to analyze the volatility smile and plonkerism.

  4.  

     

    @manarak, it shows the distribution of implied volatility of in, at and out of the money options.

    ok, you get 50% of the question's points for that answer, can you also tell what is causing the distribution to look like a smile?
     

    hard to believe that you were a trader, might be true that you were working at the DTB though. Serving drinks and cookies or such is my guess.

    The first question I always ask when meeting an ex-trader is why did you stop but I actually shouldn't.

    ... says the "math is disturbing" guy, LOL.

     

    I like the one with almonds, thank you.

  5.  

    @manarak, it shows the distribution of implied volatility of in, at and out of the money options.

    ok, you get 50% of the question's points for that answer, can you also tell what is causing the distribution to look like a smile?
     

    hard to believe that you were a trader, might be true that you were working at the DTB though. Serving drinks and cookies or such is my guess.

    The first question I always ask when meeting an ex-trader is why did you stop but I actually shouldn't.

  6. to be successful with options trading or options spreads still does require proper chart reading skills of the underlying and the consideration of volatility impact on the probable change in premium. Math is disturbing.

    Straddles and Strangles on earnings plays are usually a no no unless you decide to drop a leg after things have cleared and you see a dominant directional move. 'Unless' in this regard means being lucky.

    Options writing yes very good as a strategy and profitable in most cases.

    Earnings plays go long put or call unprotected, lose 7 out of 10 and still make a lot. (know how to read chars make more than a lot)

    Talking US stock options only while not sure what you mean with you're trading US markets.

  7.  

    Anyone here trade CFD's I tend to just trade crude oil here in the U.K but I do have the glimmer of hope that one day I could make it in to a full time job which would allow me to travel more.

     

    if you trade crude oil (futs) profitably which is probably not the case you could trade almost everything and everywhere else as well. CFDs are much more of a scam than NYMEX and all it's products.

  8.  

    Maybe it is time the Police posted a person at every car hire company to check how much customers paid and investigate all the ones paying 5 times the usual cost or maybe they should get a share, sort of like a tax for all their hard work catching crooks and clearing up road accidents.

     

    last four words made sense but preventing in the first place, no?

    Shit if I wouldn't be so close to the issue discussed her I'd really like to harmonize.

  9. It's a front position which everybody faces first when entering. The decision derived is crystal clear and made from the first glance. Business is cold and there was more mercy than anything when spending time with such an applicant. There is a load of rubbish in this thread and some reasonable thinking but certainly more of the first. I do agree with the OP but at the same time with those saying that it should not be up for discussion because it is very common and simply not worth to talk about it. However it stimulates reading more about it just like your iPhone is in control of you.

  10. So I sold one fund a few days ago at 22.22. This was the high print since the first wave down. it was down $1500 USD from the start of the collapse, but i'm sure it would be down $4000 today if i held it to the close (I'm guessing today the markets get crushed and finishes lower - 300 points or more, or much more. lol).

    it's so easy to not look at your portfolio, but it's real money...

    i agree that it is likely healthier and better to not look at things for years......but that's just not me.

    the question now is....what do i do with the money i just freed up?

    easy one, stay in cash until the dust has settled. Further downside in the stock market is very probable. Commodities are very interesting but then you really have to know what you're doing.

  11. I don't need to know what correspondent bank my bank uses, nor does my bank ask me for this information on the payment order form. If Krungsri bank does not know their own correspondent banks, that's their problem and I certainly won't be able to help them.

    Usually you don't need to know this if you don't transfer from an 'investment account'. Bank to bank is never a problem, BIC and/or IBAN is enough.

    Funny to state it's their problem tongue.png

  12. When you make a remittance from your Krungsri bank account to a person in Switzerland, you do not need to indicate the name or number of Krungsri's ccorrrspondent bank in Switzerland.

    What you need is the name and address of the beneficiary, ie of the person to whom you want to send money, and the name, address and SWIFT code of the beneficiary's bank and the number of his account at that bank. The beneficiary has to give you these details.

    you do need the correspondent bank if you want to receive to or send from a foreign currency account with Krungsri Bank and I guess that's the case with the OP.

  13. Trying to factor in the historical rates is a waste of time. It is what it is at any particular time. Dollar cost averaging is when you decide to take a position and purchase over a length of time, 100 shares each month for instance.

    I have around 230k AUD in a TD account with HSBC Perth, at present they pay around 3.25%. I am based in Thailand and will never be living in Oz to use the AUD there.

    I have no need to use this money at present, and if required I can let it sit for 5 years or more ,any thoughts on how to make the most on these funds.

    My plan was to use it as retirement cash, but as it is now there is no way I can change to Thai Baht at the present rate.

    In your specific case I'd suggest that you convert your AUD to NZD hedging as a buffer to more losses in the 10% range (betting on parity or below with NZD/AUD) against USD. I don't know what sort of interest you'd receive with NZD compared to the 3.25 % in AUD stated which sounds unreal to me but that's what I would do now wearing your shoes. AUD/USD 60 most likely soon and 50 possible too (not very) but if then that's where exhaustion will swing it around again in no time.

    USD is tricky but it will get hammered again in a while and harder than ever. Capitalism in America is way after it's peak.

    60 is rubbish and if it got that low would be temporary, Australia is facing the same problems as everybody else, hugh room for growth once we get the right government pulling the strings, lot of doom and gloom merchants abound crazy stupid things both in here and in newspapers...

    NZ???? Ummm hardly a rock solid currency.

    everything's possible but a further drop most likely. Currencies when trending they do it for a very long time usually ignoring any sort of fundamentals because those moves are caused and driven forward by big institutions.

    The only positive thing I can think about is that there is a strong seasonal tendency for rising AUD lasting the whole of October.

  14. From my experience it's easy for them to transfer to their own account overseas (ie. has same account name), but if the transfer is to a 3rd party such as for buying foreign property, then the bank will want documents of proof of the reason. Eg. property purchase agreement in case of real estate transactions. And they may also want to see any foreign government issued ID of the Thai citizen as well.

    certainly but the OP's issue is to get out his/her own money otherwise the question simply wouldn't have been raised. Proof for reason to send to 3rd party is no obstacle at all.

    Maybe should have posted replies per PM but not really that it can harm more than hurt by doing it here.

    Leaving a sinking ship is instinctive behavior.

  15. Google’s earnings per share (EPS) for the last 12 months were $21, so at its current valuation (of $600 per share), I consider it high.

    Personally I sold half my shares in Google not so long I go. I kept the other half, because the company might still surprise, but so far they have come up with dozens of new products over the last decade, but no new significant revenue source or business model.

    absolutely, Google won't be more than a dead duck within the next few or more than just a few years.

    The steal company mentioned from another member posting in this thread before is way much better, maybe not a 15 bucks stock but a doubler within 2 years or so. However there's no rush right now to buy any shares as you'll get them cheaper - all of them.

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