Recent content by jasmine1

out of balance with the Board clouds pass and strata matters hidden in grey petrified souls a formation of numberors struggling to ride along side the algorithm soldiers a winter dusk settles in doors close to sounds of an electronic buzz or something hearts have migrated or died...

These are all products that trade in the US and are issued by US investment houses. I think what the poster was asking about: are there any etf (like) products that trade and are issued IN OTHER COUNTRIES.

Every so often I like to pull Robert Prechter's 'At the CREST of the Tidal Wave A Forecast for the Great Bear Market' off my bookshelf to remind me of what can happen when I start thinking too rigid about the long-term direction of the markets, based on wave theory, and the pain that rigid...

I would agree with you, but I did get hit with a fine (once in my early 20s) for failing to include $150.00 of income I received from an odd job I had. Getting an audit is like winning the lottery only the prize sucks.

You use (need) the trader capital deposits to limit your risk.

There will always be a place for proprietary traders who can consistently make money. I for one am glad this capital deposit (skin, token money...) could be eliminated because it will raise the standards in the boutique trading business and force firms to hire real talent and not just fill those...

The thread poster is asking for a definition of a proprietary firm not a definition of Mr. Bright's firm. That is what I provided him in my previous post.

A proprietary trader trades with the firm's capital and gets a percentage of his or her profits. The firm takes ALL the risk and a good percentage of the profits as well as commissions and fees. If a firm claims to be a proprietary firm, their trader's do not put up a "token amount of risk...

cute...modern poetry. And the author's gift is coded in numbers. Searching for an edge with lessons to be had from algorithmically astute, Wall St. dreamers.... I love to read these posts...hope you make a fortune

mit 44, A broker in training at Smith Barney...Lehman, hardly a bucket-shop boiler room and a 13+ year career is not the fast track to success. (The majority of brokers at SB were also worthless, mindless nitwits with one thing in mind - COMMISSION, but that's for you to figure out. You're...

mti 44 I was being sarcastic...well...maybe a wee bit cynical. Good luck to you.

Most Trading Arcades (not all) have taken on the role of the old (many of you old stockbrokers will remember) boiler-room bucket shops. Why hire a trainee/broker/salesman to push a stock when there is no spread in it or mark-up? Just build a large trading arcade and keep the seats...

Running the leg down the length of economic rings, draining away excess in beautiful circular breaths. That trader is now yelling that primal scream that few can recognize as audible. A deteriorated gambler and hopefully less degenerate as a result. I hope the trader makes a comeback. That...

"extraordinary revolution that is happening today as never seen before..." It is(was)a bull market. A revolution...with all due respect, I disagree.

Specialists no longer wield that influence. They're chickenhearted jellyfish working in a well maintained flea hotel. When the markets go fast Specialists are the first to hit the sidelines, the first to punk out and when the big volume comes it's like they don't even exist. The highbrow...