Recent content by Colombo

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    To the Career Traders...

    4-5 years sounds about right.... that is if you are dedicating 190% of your time to this. I mean this: You are not going to accomplish anything by going at this half a**. If you just started and are already frustrated, man, I would say hang up the boots and stick to the 9-5. This is like...
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    Tired of being a retail Broker

    I'm right there with you muscle....
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    Tired of being a retail Broker

    MIchael, When I left, this was an option (RIA). YOu take your book. Keep more of the pay ( usually 70-90%), clear with a larger institution catering to this type of structure and continue to manage your client's assets. Usually you agree upon per annum a fee with your clients of approx. 1%...
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    Tired of being a retail Broker

    It never fails...!.... I was wondering how long it was gonna take until some college chick with access to a computer would come on and put her two cents in with an unproductive comment..... typical.....
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    Tired of being a retail Broker

    Trading while at work, for the last 4 trading on own during 2007. alot of idle time, no? It seems I have to find things to do nowadays. My time is spent 1/3 looking for setups, 1/3 waiting for the setups to actually set up and then 1/3 waiting to get out once I am in. 1% is actually spent...
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    Tired of being a retail Broker

    I hear ya... Brown you trade for a living now? How long into it?
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    Tired of being a retail Broker

    I think it has more to do with "Not knowing what the hell is going on" Than a deliberate intent to screw over the clients. I learned my lesson back in 2004 when they were calling for EUR/USD at 1.50. They would come around the offices with the FX "expert" at that time and answer all your...
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    Tired of being a retail Broker

    agreed....
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    Tired of being a retail Broker

    could'nt have said it better myself.... Client's tend to be sticky to the broker, especially if you made money for them in addition to getting to know their family, visiting their second home on the weekends, etc. being chummy... The business is actually quite nice if you are into the...
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    Nikkei down 30% in 7 months...

    I agree with your outlook completely. I think you are a tad early though. I will wait for levels between 11,000 - 12,000. MTU is an excellent way to play Japan also. Cheers and good luck.
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    Tired of being a retail Broker

    Usually come around this place to check out what it is people are talking about. Don't usually post but could not help notice your request for advice.... I was in your exact same shoes about 4 years ago... International Financial Advisor, all the bells and whistles (licenses) with a top...
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    Juevos Bankeros

    I think you were trying to say "Huevos Banqueros....."
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    What would you do with $1 million?

    Oops.. pressed submit by mistake.. . How about placing the funds with a large wire house and investing these funds in some sort of asset allocation in short term Bonds, a strategy where your client will be assured 5% on her money. You can even get sexy and ladder the portfolio if you wish...
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    What is the Best FX Broker?

    Pal face it, most people you ask will tell you that the Oanda platform is really one of the better alternatives out there for the retailers. Football game mentality or not. Unless of coarse you are one of those "Trade off the news for a quick 5 pips" people (who by the way have this whole...
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