Recent content by snowman80

you're a good lad. keep punching. was in a similar position: left decent buy side gig at a top am firm after 10 years to 'trade' for a living. did that for 6 years with mediocre results then went back to the same co two years ago. two observations: 1. it's pretty tough finding a job with a...

i think it’s just a screening method that brings the total number of names he follows down to a manageable number

why aspirin with breakfast? i thought 2-3 hours before bedtime was optimal.

as you go higher on the corporate totem pole focus shifts away from academic background, book smarts etc etc towards political maneuvering, careerism and generally playing the game right and so analyst programs are stuffed with ivy league grads but when you look at upper level management, 2-4...

do you still trade shares or is it all long only singles options? cheers

this belongs on a t-shirt

excellent advice throughout this thread :thumbsup:

screens in the bathroom i love it :D

i don’t think it went missing he claims that someone hacked into his account and lost that money trading options a good samaritan trying to double his stake for him?

the US will face a similar set of difficult decisions at some point bow to the CCP and keep enjoying any economic benefits from that relationship but pay for that shortsightedness with an erosion of independence or resist the pressure, suffer economically and avoid CCP’s control

if i put up 500k in bonds as collateral and proceed to lose 50k trading where is the cold hard cash coming from to cover the losses? is the broker fronting the money?

so if a trade goes against me the broker sells off some of the collateral to settle any losses?

how is daily mtm handled if you post treasuries as collateral with a broker? do you still have to maintain a cash balance at the clearing firm? i know this is standard practice in the institutional space but never heard of such arrangement for retail clients

your experience has made you wiser and now you can detect general, vague bullshit regurgitated day after day in an effort to sucker people in and sell them a bag of turds

if you move to a different broker and do what you’ve been doing in time you will run into similar problems you have to fly under the radar