Texas Calculatem and Poker Office Blog

Didn't do too much today. Just some general bits and bobs.

The day began routinely enough, though our clearer told us that we're exceeding our risk limits and should take it a bit easier. That gave us a chuckle, so we went to lunch and had sushi from Leadenhall.

I've cashed out my life savings and bought shares in the new venture. Alas my business partner is having trouble cashing out the pennies he has in his gambling accounts, so it may take until the end of the week until he starts trading for real. SMT. For some reason, the girl at Abbey thought he was being suspicious, and therefore decided to lock his account for ten days. What a spiteful girl! That lockdown could cost us dear, as it's now going to take even longer for him to transfer his cash into the company.

I attempted to withdraw £250 from the £300 I had remaining in Capital Spreads. Alas I could only withdraw £230 as £70 was from a refer a friend bonus. As a result, I'm £20 out of pocket so far. If I can withdraw the remaining £70 then I'll be a happy boy.

A couple of colleagues tried a new massage parlour. It was £30 for 30 minutes. Alas I was too busy to attend, but according to rumour mill, happy endings can be guaranteed for an extra £10.

We watched Cramer on CNBC. What a clown. Here's the video:



For some reason he thinks the markets owe him a living, and seems to want Bernanke to bail him out. I guess he's lost a lot of money, and the stress of recent weeks shows quite clearly. Nice.

At the end of the day, there was a serious mispricing in the Bund. My buddy, who trades it for a big bank, said it was silly to trade in the current climate. But we decided to throw caution to the wind, on the assumption that we could cash out 5 minutes later. Unfortunately the opportunity liquidate our positions did not arrive. So we have double the position we had on last week. I guess Mr Clearer will be calling us extra early tomorrow. Good times.