Forex Trading The Martingale Way

trading etfs “The market is bust for now, that does not mean that there is no chance that this will improve in the future,” the chairman of E.ON Global Commodities Christopher Delbrueck said Tuesday at the sidelines of an energy trading conference in Berlin. According to Delbrueck, the German power market at the moment is failing to deliver on its key targets to deliver clean, affordable and reliable electricity. Trading opportunities in power are also more limited due to the flatness of the curve with volumes continuing to shift from longer to shorter maturities, Delbrueck said. Article continues below… 8th Annual Central and Eastern European Power January 22-23, 2014: Warsaw, Poland Platts 8th Annual Central and Eastern European Power conference provides a critical platform for the region’s leading power companies, power plant developers, regulators, traders and solution providers to discuss what needs to be done to create sustainable power generation in the Central and Eastern European region. However, with regards to its gas wholesale trading business, the head of E.ON’s trading unit was more optimistic amid strong annual growth for the German gas hubs Gaspool and NCG.
Source: http://www.platts.com/latest-news/electric-power/berlin/eon-trading-chief-says-german-power-market-bust-26497941

A spokesman for the association, Aelred Connelly, said Nov. 22 that the group is reviewing its own benchmarks to see whether they conform to guidelines set by the International Organization of Securities Commissions in July. Those include making prices based on observable deals where possible. The LBMA oversees gold forward offered rates, which reflect bullion borrowing costs for different durations and are used in loan agreements.
Source: http://www.bloomberg.com/news/2013-11-26/gold-fix-drawing-scrutiny-amid-knowledge-tied-to-eruption.html

However, let’s consider what happens when you hit a losing streak: Your Bet $ (3) ZERO Once again, you have $10 to wager, with a starting bet of $1. In this scenario, you immediately lose on the first bet and bring your balance down to $9. You double your bet on the next wager, lose again and end up with $7. On the third bet, your wager is up to $4 and your losing streak continues, bringing you down to $3. You do not have enough money to double down, and the best you can do is bet it all.
Source: http://finance.yahoo.com/news/forex-trading-martingale-way-180000804.html

An SEC requirement that banks give some specifics on those businesses resulted in disclosures that firms such as Goldman Sachs, which gets more than half its revenue from trading, said lack meaningful context. “If you’re trying to figure out the profitability of different lines of business, I don’t know how you effectively do that,” said Edward Siedle, a former SEC attorney and president of Ocean Ridge, Florida-based Benchmark Financial Services Inc. “The commission needs to be careful not to require a disclosure scheme that is just as likely to be misleading as it is to be revealing.” John Nester, an SEC spokesman, and Michael DuVally at New York-based Goldman Sachs declined to comment about whether the disclosures could change. Goldman Sachs tells investors in quarterly earnings reports how much revenue it makes from trading “fixed income, currency and commodities” without giving specifics about the components. That line produced $6.93 billion in the first nine months of this year, 27 percent of the firm’s total revenue. The closest thing that investors get to a breakdown is in 10-Q filings that Goldman Sachs makes public a few weeks after reporting results.
Source: http://economictimes.indiatimes.com/news/international-business/goldman-currency-trading-shows-disclosure-gap/articleshow/26435040.cms?prtpage=1

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s