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    passed a crazy evening on MIG Investments. I was commencing with 1927 bucks at MIG and things were an accomplishment. A friend of mine said the textile exports are about to to strengthen and cause fluctuations in the SGD rates. He swore to me the scheme of selling then is the real deal! Being as i had 100 Valeries, i loaded up nine Prince Charleses. I waited for a long wait, as the stop loss slowly closed the distance, untill i commenced to notice some uninspired variation. This bastard of a base currency rose through the roof! I unloaded at a loss of 287 pips per coin. I was starting to turn pretty vexed. I was thinking that SGD rate will be affected by the fluctuations in the export of domestic products, and as a result is going to come down. I had just lost 100 lots either way. Then the account sold at 22 percent of loss! Oh man, i sure wasn't expecting that to happen! I do declare! I had lost pretty much all the smackaroos i started out with. At least i am wearing my shirt!


    numerous people turn to me on what the meaning of riskless principal is. What riskless principal is, is two principal transactions occurring at the same price that are reported only once as an agency transaction. This is a principal transaction that synthesizes an agency transaction by removing the risks involved with holding a position. Large institutions might have legal and regulatory reasons for performing such a transaction.


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