“We create implied forward rates based on the reserve contracts we see that’s transacted… It’s implied based on reserve contracts, not futures.”
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Pitch The PM ·
The Core Report · #1003 Large Caps Continue To Take A Beating
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created a forex reserve for every long position on forward contracts to curb speculative hedging
“We create implied forward rates based on the reserve contracts we see that’s transacted… It’s implied based on reserve contracts, not futures.”
“At every down curb and every up curb, we stop, we praise them, and then the dog starts to stop themselves. Then maybe they make a mistake... you repeat and you allow the dog to be successful.”
“…write out those positive words…when you do that every day for three days, four days, five days, six days…the change that you have created in words will also become the change in your mind.”
“We put ourselves forward for awards... it creates an awesome buzz that externally people were recognizing the good stuff we were doing.”
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