daniel_m, wow. You remember huh? haha. I still remember your many comments. hehe. Yes, things have improved. And I'm glad I STUCK with prop...
In case you guys have been totally brainwashed by the "prop trading" hype/snake oil, etc. traders at most firms do get PAID to trade/invest long...
Don, Well, I have to agree with you on this point but only to a certain point. :) Wall Street jobs aren't exactly going away per se. Just...
thank goodness i didn't take their offer in '97 sincer merrill and ms gave better ones. ....
I think trading for a living is probably the MOST difficult/toughest job out there. But the light at the end of the tunnel is that it's POSSIBLE!...
Personally, I don't want that much leverage. I'm just saying that those kinds of leverage are pretty "normal" in the fx spot markets. Leverage is...
That's normal in fx markets. FXCM offers 100:1 leverage. And in some instances 200:1. enjoy.... ;)
hi all, I noticed that e-Signal also offers "paper trading". Is that just for equities? Or can one papertrade eminis, other futures, etc.?...
jskri: True, that every Street firm has prop traders. But a vast majority of so called "traders" are really market makers. Probably around...
YoungNAmbitious: I don't know if I can answer your question directly, "How come no one here seems to want to work at the trading desk of an...
Corso482, That's some good points you made! Obviously, there's always a slim chance that you could still fail at anything! hehe. BUT given all...
plumlazy: EXACTLY! Just because you made profit in the 30sec to 5mins that you hold a position on an intraday basis does NOT necessarily mean...
fkeane! Good point! I think as a society and more so Hollywood makes one feel bad about "quitting" as though one didn't try hard enough or...
tnteo, I tend to agree with you. I believe the "traditional" definitions of scalpers are those who 1)work the bid/ask spread 2) take "small...
http://www.nytimes.com/2002/11/15/technology/15SUPE.html NEC Machine Again Leads Speed Ranks SAN FRANCISCO, Nov. 14 â The twice-a-year...
Actually, NO! Mutual funds who managed a few hundred billions(like Vanguaard, Fidelity, Janus,etc.) don't use that much computing power. They are...
Yeah. Grossman runs a pretty nice hedge fund. I've read about him over 2yrs ago. In fact, all the "new finance" professors who don't believe in...
Jem, DarkHorse, et al: Yes, I believe the market is HIGHLY inefficient and at many times very IRRATIONAL. But it doesn't make it easier to make...
vladiator: Hi all. I'm back. I haven't written in a while, but I like to add to this. I think most people in the general public - casual...
Yeah... I have some of the same problems sometimes. I noticed that I'm usually "right" on the direction but a lot of times a little "early" like...
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