Traders' Roundtable

Thanks very much for setting it out so simply, Ian. Your last sentence seems to me the take-home message.

<quote="Eventhorizon">Mark, there are some things going on here that are worth drawing attention to: the time frames of one's analysis are a key element here.

An error I continue to make ...

Okay, that was funny. Not nice, but funny.

[quote="rabidric"]he was short his p/l
[/quote]

Sorry to be imprecise in the wording there. No, of course, they can't move the external market, but they do widen the spreads to catch the stops. Google IG Index and/or Capital Spreads for recent reviews. Would, in turn, be curious to know which direct access spread betting firms you'd recommend ...

Spread betting? Sounds to me like a good way to run through 10k. Not legal in the US afaik, but in the UK the main outfits (IG Index, Capital Spreads, etc) are infamous for moving the market against high rollers to stop them out. Might as well just go to a casino.

By the way, chris67, I'm not dissing WCM, which is clearly top shelf in a lot of ways, but I was curious about your remarks about their effect on the rest of the CTA industry. It seems to me fairly unlikely at this stage (for the reasons stated above) that they're competing with Mulvaney at the ...

Yup; AFAIK=As far as I know.

chris67, is your concern with WCM that they've become the Big Ugly Gorilla of the CTA space (in terms of hogging inflows), or that they're no longer really pure TFF? AFAIK (and the FSA Register tends to bear this out) they still have more or less the same execution as they did in the early noughties ...