You could easily substitute the title of why face off with the odds in daytrading to: why face off with the odds with respect to possible success...applicable to "all small entrepreneurial businesses in general"...all professional actors..sports....etc..etc...
The masses in each category...
Darkhorse...good posts.....
Other reasons for success...and then later failure = flat movement...or lack of more successes....
Examples:
The introduction of a new product..ie..cellular phones..in the beginning you know its a good idea...but after everyone has one...so what...
The...
qazmax
Senior Member
Registered: May 2002
Posts: 369
04-19-04 11:51 AM
INET under rated...
INET is under-rated in my opinion...
They currently charge .0025 to route out and ARCA charges .003 to remove.
This means it is cheaper to use INET to remove an ARCA quote than it is...
This is very interesting....normally you would think that if a service like Trader Brad....Pristine.....Marketwise.. ..were for real...they would jump at the opportunity to get in front of a lot of traders looking for edges..This is exactly why you will never seem them on ET...THEY ARE NOT FOR...
Today's not so surprising is exactly why these types such as David Nassar, Oliver Velez, Greg Capra will never respond here.
They want to make sure they get some money first.
Darkhorse.......you have great posts.......
The reason for this type of thinking is that some individuals whose strategies are capable of some size will initially find prop useful because of the added leverage.......
The smaller size strategies will like the 100% payouts and will stay...
In the quest to stave off Snake Oil...and to compliment the suggestions by Lazybones in prior posts...
Some may find the following information of some interest....
From the AIMR site:
http://www.aimr.com/investorservices/InvestAdvr_RIADesc.html
Any individual or firm that gives...
Money gladly follows performance...and if the regulations are relaxed...firms like Fidelity will just get bigger....They have capitalized on the smorgasbord concept...They have the ability to offer funds of the same class which will in effect always produce the best and worst returns each...
Performance related questions should be sent to: performance@pristine.com
The performance results noted above are hypothetical. Unlike an actual performance record, hypothetical results do not represent actual trading. Simulated trading programs in general are also subject to the fact that...
SEC subpoenas MarketWatch execs
By August Cole, CBS.MarketWatch.com
Last Update: 4:50 PM ET April 6, 2004
SAN FRANCISCO (CBS.MW) -- The Securities and Exchange Commission has subpoenaed personal stock-trading records of four MarketWatch.com executives as part of the...
Lazybones....Bali Survivor...
Excellent Posts.....
What you may find interesting is the typical technique that the
snake oilers use...
Firstly they have the intent of a media company...they sell adds...periodicals..tapes..cds..seminars....
They appeal to those who want or need money...
Really like this thread.....
Seems as though there will be some extremely wealthy traders in the prop business....
The prop business makes the leverage available ...and you get to keep it all....why give it away in some hedge fund formula...?
Look at it this way....your style produces...
Db-waw.........
It"s performance that matters...
The public..me...anybody else cares about one thing....
"Making money"!!!!!!!!!!!!!!
They don't care how ...or who.......
If you have the statements and blotters....and your style can handle size...you can go to fund of...
Stock indices reflect the accumulations of the printing of money by the fed....better than the bond indices...unfortunately indices do not equal just any stocks...
If all stocks values were truly reflected in indices it would be very interesting to see the result versus bonds...
Then the...