When Hedge Funds pull their business so follow the smartest traders.
Whether DB survives or not due to government intervention, no one is mentioning that the smartest and largest traders of the firm have left and are leaving. Many will take their hedge fund clients to competitors. This further exacerbates the run on the bank.
Some may do what I did when Bear Stearns was sinking which is to go across the street to a prop hedge fund and short the crap out of the firm all the way down. (Something I couldn't do while employed by Bear) The best trades happened every-time Bear got a pop in the stock such as DB is doing today because of the CEO's assurance. The fact is, the top brass will defend the company all the way down and if it wasn't for me bailing out of Bear Stearns with my retirement intact, I wouldn't be writing this to you today. Although I left 8-10 months before the final nail in the coffin was hammered into BSC, most of the firms traders and employees went down with the ship.
Again, only the smartest traders and analyst left Bear well before it was sold for $2 bucks/share, and I know without a shadow of a doubt this is happening again with DB.
If you would like to learn more about how to employ my "Institutional Bias" into your market analysis and trading feel free to email me.
- CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
GOVERNMENT REGULATIONS REQUIRE DISCLOSURE OF THE FACT THAT WHILE THE TRADING IDEAS AND TRADING METHODS SHOWN ON THIS WEBSITE MAY HAVE WORKED IN THE PAST; BUT PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. WHILE THERE IS A POTENTIAL FOR PROFITS THERE IS ALSO A HUGE RISK OF LOSS. A LOSS INCURRED IN CONNECTION WITH TRADING FUTURES CONTRACTS, STOCKS, OPTIONS OR FOREX CAN BE SIGNIFICANT. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION SINCE ALL SPECULATIVE TRADING IS INHERENTLY RISKY AND SHOULD ONLY BE UNDERTAKEN BY INDIVIDUALS WITH ADEQUATE RISK CAPITAL.
ALL INFORMATION ON THIS WEBSITE IS PROVIDED FOR EDUCATIONAL PURPOSES ONLY AND NOT AN OFFER OR A RECOMMENDATION TO TRADE FUTURES CONTRACTS, STOCKS, OPTIONS OR FOREX.
The OFSF is not a "trading system" or "strategy" being marketed on a performance track record of live or hypothetical results. Please do not purchase or subscribe to RedBridgeCapital services without carefully reading the complete required Disclaimers and Terms and Conditions located on the RBCC website.