QE3 - The Fed, FOMC, Congress, and Election Year equals... ? - Traders Hideout | futures io social day trading
futures io futures trading


QE3 - The Fed, FOMC, Congress, and Election Year equals... ?
Updated: Views / Replies:17,413 / 208
Created: by Big Mike Attachments:17

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 17  
 
Thread Tools Search this Thread
 

QE3 - The Fed, FOMC, Congress, and Election Year equals... ?

  #111 (permalink)
Elite Member
Chicago Illinois USA
 
Futures Experience: Advanced
Platform: Ninja Trader
Broker/Data: IB
Favorite Futures: duh hammer!
 
wldman's Avatar
 
Posts: 2,069 since Aug 2011
Thanks: 967 given, 2,624 received

How about...

shut it down and let the cards fall as they may? Is that not what will happen anyway?

Reply With Quote
 
  #112 (permalink)
Membership Revoked
British Columbia
 
Futures Experience: Advanced
Platform: NINJA
Broker/Data: ZEN
Favorite Futures: Crude
 
Posts: 1,091 since May 2010
Thanks: 192 given, 484 received

Retail banking, the type of banking that serves the majority of people. As opposed to investment/commerical banking.


Private Banker View Post
What do you define as Bank Operations? I worked for one of the two mentioned here and would happy to clarify for you.


Reply With Quote
 
  #113 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,218 received



wldman View Post
shut it down and let the cards fall as they may? Is that not what will happen anyway?

Blasphemy!! How DARE you, sir!

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
 
  #114 (permalink)
Membership Revoked
British Columbia
 
Futures Experience: Advanced
Platform: NINJA
Broker/Data: ZEN
Favorite Futures: Crude
 
Posts: 1,091 since May 2010
Thanks: 192 given, 484 received

I keep hearing that it's never been done before.... one way to pay the chinese though, no doubt.. It's going to destroy the vast majority of people's lives though, bye bye middle class



Big Mike View Post
I guess one way to avoid QE4, QE5, QE6 ... is to make QE3 live forever and ever until everything is right in the world.

Mike


Reply With Quote
 
  #115 (permalink)
Elite Member
Chicago Illinois USA
 
Futures Experience: Advanced
Platform: Ninja Trader
Broker/Data: IB
Favorite Futures: duh hammer!
 
wldman's Avatar
 
Posts: 2,069 since Aug 2011
Thanks: 967 given, 2,624 received

I just thought...

that was how Capitalist economic systems where supposed to work. PB you can not seriously make a case for GS or JP reclassification...certainly not for it still being that way. I do not think some of those players where given a choice but the reclassification is a typical screw job on the taxpayer.

Reply With Quote
 
  #116 (permalink)
Elite Member
La Jolla, CA
 
Futures Experience: Master
Platform: Sierra Chart, X_Trader Pro, OptionsCity
Broker/Data: Advantage, Trading Technologies, OptionsCity, IQ Feed
Favorite Futures: CL, NG
 
Private Banker's Avatar
 
Posts: 1,040 since Jul 2010
Thanks: 1,713 given, 3,759 received


syxforex View Post
Retail banking, the type of banking that serves the majority of people. As opposed to investment/commerical banking.

OK, thanks. So retail banking is the only form of banking that exists? Both firms take client deposits, provide FDIC insurance on checking and certificate of deposit accounts, extend mortgage loans and lines of credit, provide unsecured lines of credit and collateralized lines of credit against securities, commercial real estate, yachts, fine art/numismatics, etc.

Commercial banking is also an extremely part of the banking system. It's not just securities based as I'm sure you know.

Reply With Quote
 
  #117 (permalink)
Membership Revoked
British Columbia
 
Futures Experience: Advanced
Platform: NINJA
Broker/Data: ZEN
Favorite Futures: Crude
 
Posts: 1,091 since May 2010
Thanks: 192 given, 484 received

Capitalism is just the concept of private property rights, most modern democratic economies are based on this principal right. There is not just one type of capitalism, however..


wldman View Post
that was how Capitalist economic systems where supposed to work. PB you can not seriously make a case for GS or JP reclassification...certainly not for it still being that way. I do not think some of those players where given a choice but the reclassification is a typical screw job on the taxpayer.



Last edited by syxforex; September 13th, 2012 at 06:35 PM.
Reply With Quote
 
  #118 (permalink)
Membership Revoked
British Columbia
 
Futures Experience: Advanced
Platform: NINJA
Broker/Data: ZEN
Favorite Futures: Crude
 
Posts: 1,091 since May 2010
Thanks: 192 given, 484 received

Yes, indeed, I'm not an expert on US financial regulation, but it was my understanding that the back door to the fed was originally put in place as a mechanism to protect the private banking system as directly related to the general public. A means to ensure liquidity and prevent bank deposits from bank runs in times of crisis.

Since Glass-Steagal the lines have blurred between what is commerical and investment banking where the two were once quite distinct. Especially in the past ten years or so. But when we look at a company like Goldman or Morgan that makes 90% of it's profits from broking and trading, we can see that they really don't belong on the back door program designed to protect the public banking system.


Private Banker View Post
OK, thanks. So retail banking is the only form of banking that exists? Both firms take client deposits, provide FDIC insurance on checking and certificate of deposit accounts, extend mortgage loans and lines of credit, provide unsecured lines of credit and collateralized lines of credit against securities, commercial real estate, yachts, fine art/numismatics, etc.

Commercial banking is also an extremely part of the banking system. It's not just securities based as I'm sure you know.


Reply With Quote
The following 2 users say Thank You to syxforex for this post:
 
  #119 (permalink)
Elite Member
La Jolla, CA
 
Futures Experience: Master
Platform: Sierra Chart, X_Trader Pro, OptionsCity
Broker/Data: Advantage, Trading Technologies, OptionsCity, IQ Feed
Favorite Futures: CL, NG
 
Private Banker's Avatar
 
Posts: 1,040 since Jul 2010
Thanks: 1,713 given, 3,759 received


syxforex View Post
Since Glass-Steagal the lines have blurred between what is commerical and investment banking where the two were once quite distinct. Especially in the past ten years or so. But when we look at a company like Goldman or Morgan that makes 90% of it's profits from broking and trading, we can see that they really don't belong on the back door program designed to protect the public banking system.

That's an excellent point! Very well said!

Reply With Quote
The following user says Thank You to Private Banker for this post:
 
  #120 (permalink)
Membership Revoked
British Columbia
 
Futures Experience: Advanced
Platform: NINJA
Broker/Data: ZEN
Favorite Futures: Crude
 
Posts: 1,091 since May 2010
Thanks: 192 given, 484 received


One of my concerns is of the free money Goldman is able to get from the fed to go out and innovate with opaque derivative products, how much of this are they able to transfer to their clients. If people knew how a trading house operates, what they really do, and how they are getting screwed, honestly, there would be riots... The American Citizen would freak out if they knew how it works...

Reply With Quote

Reply



futures io > > > QE3 - The Fed, FOMC, Congress, and Election Year equals... ?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Fed's Fisher to Wall Street: QE3 is "fantasy" kbit News and Current Events 0 February 15th, 2012 03:31 PM
Obama's Election-Year Budget to Target Rich Quick Summary News and Current Events 0 February 13th, 2012 07:00 AM
When Doves Laugh: 4 Weeks Until The Quiet Coup In The Fed Gives QE3 A Green Light Quick Summary News and Current Events 0 December 4th, 2011 09:40 PM
FOMC Minutes – Fed Starts Talking Exit Strategy Process, But Not Yet Timing kbit News and Current Events 0 May 18th, 2011 06:18 PM
Congress to Tread Carefully in Run-Up to Election Quick Summary News and Current Events 0 September 12th, 2010 12:00 PM


All times are GMT -4. The time now is 12:43 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-11 in 0.11 seconds with 20 queries on phoenix via your IP 107.20.115.174