A former sell-side investment bank US Treasury flow trader, now a private prop trader.
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Thursday, October 18, 2012
Just got flat - sold my 7yr notes @ 98-18
Not the result I was looking for...but...the market seems to be saying that ZN @ 132-03 is the new center of value (mode shift??) so I've cut my losses to a miniscule amount. Now that I'm flat I can look for the next trade with a fresh perspective.
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