Archive for June, 2009

**I am interested in understanding how option contracts are traded for electricity.
**Is it possible to buy region specific electricity contracts?
**Where can I find historical pricing?

how do futures contracts facilitate trading among strangers?

what shall i need to become a broker in Canada .What license.

What is a decent way to find investors?

I know this isn’t the brightest question perhaps(so…pls. save the jokes ), but I will be glad to hear your own experience in the area.

I am asking, because so far I contacted about 100 venture capital companies(phone/e-mail/fax) to promise them an investment model generating about 20 times(2000%) per year and the stupid bastards think I am joking. The answers I got were like: "Sorry, we have frozen our investment plans for a while", "Your industry of interest doesn’t meet our goals" - or usually via fax/e-mail just no answer at all. I even found e-mail of Ed Thorp to explain a few things, but totally quiet from there too. Now, I have 1-2 last hopes, which I am checking right now - wish me luck .
I know that the "right" way will be to get my degree and then land a job in bank - BUT I have my fears that until I become a trader this way, I will have to work in back office or some position 1-2 years and as well, the bank managers will push me to execute deals that will no guarantee profit. I am afraid that I won’t be able to use my models 100% on my own. And this is what I want here. After all - my models are NOT associated with economical risk - so I deserve complete freedom there. You are probably wondering now, since someone can earn 20 times yearly - then someone on the other side must lose big? You bet your ass that this is true . But those who lose in my model are the common people and country banks - which totally doesn’t bother me. From what I read so far, being a trader you have not one, but 2 goals : 1. Making money at any price. 2. Forcing many others to lose money. I have found a brilliant way to accomplish both - but once again: most people think I am joking when I speak of hundreds of times guaranteed profit. And of course…it is legal. Also, another problem is perhaps the fact that I am not an American, even worse(sort of), I am from Eastern Europe and since most Americans are biased towards scammers from that region - when they hear of someone from Eastern Europe, promising 200 times return - all they think of is: "advanced fee scam". But…I am not asking for any money in advance. I proposed to the capital funds to open letter of credit on my name via bank of their choice. Once the letter of credit is opened - I will show them the know how + trade via demo software + trade at later stage their own money. Once the profits exceed a certain level - THEN they are going to release the letter of credit, which of course will be on amount smaller than the profits realized so far. The only point that bothers me is the fact - then I don’t want to release the know-how just like that to the sharks. After all, those poor bastards Scholes and Merton lost big and they never released their complete investment strategy - just the formula and what’s known from SEC. I also re-read the rules of SEC, NASD, Nymex/Globex, LSE, ASX to see if my model would be legal or not limited somehow. So far I have found only a few not directly related limitations, which won’t stop me at all.

Anyway…any advice in your own experience on the subject is highly appreciated.

Thanks

According to Michael Greenberger former director of commodities futures and speculation trading is the sole cause of all fuel cost being so high.

Can the President declare war on these perpetrators since they have crippled our economy?
If this is a fact. What does that make all those claiming for the last several years it is supply and demand, weather…?
Why does our government refuse to end the future and speculation, or at least provide the oversight and transparency that would put an immediate halt to this?

I am being sued by my ex real estate broker?

i signed a contract when I first started real estate before I actually had my license in hand (issued by DRE) but my future broker required me to sign a contract for employment as an agent anyway. Now I am no longer working under this broker but a mediation was done with a prior client wanting money for damages 2 yrs later. My ex broker now wants me to pay the errors and omissions deductable because the contract states I will hold the broker harmless. My main question is: is the contract enforcable considering I did not have my license yet.
Just to clarify I never did any transactions prior to receiveing my license, But I did sign the contract prior to being licensed as a term of being reimbursed by my broker for my license fees. I was given a 3 page contract with pre marked paragraphs and had to sign it or I would not get my License money reimbursed and find another broker.

The SAFE Port Act seems to suggest it isn't, or at least that it's illegal for a U.S. bank to fund your account.

Here's the bill:
http://thomas.loc.gov/cgi-bin/query/D?c109:6:./temp/~c109ngStnM::

Here's the Wiki:
http://en.wikipedia.org/wiki/Safe_Port_Act

This site:
http://www.chrisfmasse.com/3/3/opinion/2006/10/
says:
"The real-money prediction exchanges are not exempted from the Internet Gambling Prohibition and Enforcement Act of 2006. Also, there’s no indication that the US Treasury and US DOJ will exclude the real-money prediction exchanges (a.k.a. betting exchanges) when they will enforce the law."

selection of Career?

I have done my Masters in International Business at PSG, Coimbatore, India - specialised in Finance and logistics. Basic Qualification: BSc maths not B.com

I started my career as financial analyst in a sub broker office at chennai - dealt with International commodity market (CBOT, NYMEX) for 2 years. Then I moved to manufacturing company - manufacturer of Activated carbon as commercial executive, dealt with US and China market - worked for 1.5 years. Currently I am in Auto component manufacturer co. as commercial officer. They have changed my profile and more often i deals with suppliers for price negotiation.

I love trade finance- Supply chain mgmt. I do not know how to move further in my career. End of the day, now I am mix of varieties. but no specific profile. How I have to rpesent myself and what should be my target. Friends says ERP helps me.

I have an avid interest in the financial markets and I want to start investing in commodities. All I need is materials to read, and brokers I can speak to, and mostly, advice from experienced traders or enthusiasts.

I have an avid interest in the financial markets and I want to start investing in commodities. All I need is materials to read, and brokers I can speak to, and mostly, advice from experienced traders or enthusiasts.

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