Recent content by PolarisT

  1. P

    Confused graduate HELP!

    JPM. You may always move to a position of greater responsibility inside a large firm based on your drive and abilities. The other deal is not beneficial since you will have to deal with a huge monthly payment from the get go.
  2. P

    Is becoming a quant a waste of time?

    I'll try to get "How I became a quant" since some of you are so enthusiastic about it. But I also suggest - as somebody already did - "My Life as a Quant" by Emanuel Derman. It's also easy to read but quite comprehensive at the same time and it helps to clarify the confusion about the concepts...
  3. P

    Social aspect of trading from home...

    DHOHHI, I agree with you. I traded at the office of my prop firm and I found it to be extremely distracting. While the jokes and the excitement can be entertaining, they are nevertheless distracting. On the other hand, I found that trading remotely can be quite boring at times. What I...
  4. P

    Prop trading from home

    Never heard of such a thing. Totally unusual. You should ask your firm the legal basis for doing that. Telecommuting does not turn your home into a "satellite office."
  5. P

    what is overnight leverage rate?

    Overnight leverage is the leverage given to you to hold shares overnight (from one day to the next). This leverage is much smaller than the ones you mentioned and many prop trading companies will not allow inexperienced traders to hold positions overnight (after the market daily close). Most...
  6. P

    Use neighbor's unsecured WiFi as backup connection?

    Always a bad idea to use somebody else's network connection. What you would be doing is connecting your machine to his router, instead of using a wire you are just using the airwaves. As far as security goes,unless you are encrypting all the information that you are transmitting - a concept...
  7. P

    Al Gore is a fraud

    Nick, You mention that the global warming threat "is disputed by many mainstream scientists." I guess those mainstream scientists that you refer to went into hiding :p when the official document regarding global warming was put together during the current Bush administration which...
  8. P

    FXDD...can we trust this broker?

    They seem to be registered under their corporate name Tradition. FXDD is listed as a subsidiary of Tradition in the following list: http://tradition.ch/company/presentgroup.asp The NFA registration is here: http://www.nfa.futures.org/BasicNet/Details.aspx?entityid=0271289 Nevertheless...
  9. P

    What kind of mistakes to pros make?

    Just to add to what HoundDogOne said about poker. When learning to play competitive chess, one of the first things you are told is that you learn more from one defeat than from a thousand victories.
Back
Top