Recent content by tomcole

Does anyone use them or have experience with them? I tried the freebie trial, but dont know much beyond that.

Rather than make whispers in the wind comments about a cascading effect in markets due to some derivatives transactions, he should detail what he thinks/knows/ Otherwise, looks like a marketing article

Fidelity's platform has had difficulties in the past, but, IMHO, the fact they answer their phones, are an excellent credit and will fix problems, makes them a standout broker.

Man is large but dwarfed by firms like Fidelity When you are the market, as this guy apparently was, you have to manage the position. How do you leave stops? He crushed the mkt as he got out in a somewhat orderly fashion, imagine if someone offered hugh loads on NG and didnt care about the fill?

Theres plenty of blame to go around. But if this guy stayed within limits and everything documented, what did he have to lose? He has his bundle from last year, so he can retire and never work again. If the trade had gone his way, the fund size doubles in a month, hes a hero with potentially...

d/l pingplotter if you prefer a graphical display

An IP address for a price server is no big deal. If they make some comments about security, remind them that if your pc is communicating with any server, it knows the ip.

A more probably scenario is that the other funds and banks who take the trades, got a discount and re-sold the trades to customers who had the other side. Keep in mind that a few firms know the positions, trades and value of the portfolio and this is probably more of an attempt to rescue the...

Of course, a broker can take on trades for their account and hope for the best. I think another scenario is that MS has some customers whith offsetting positions and they are trying to maintain the market by getting people to close positions gracefully. Thers lots of negative stuff that can...

Its hardly safe for most traders in the best of times in NG, much less now. When there is a major breakdown/blowup by a major participant, it scares other large players and they tend to wind down their exposure to avoid getting caught in someone else's stampede. I wouldnt be surprised to...

Its very rare for a local or a bank trader to successfully manage money. Their skill rests in the ability to scalp and to make money providing liquidity to traders and fund managers. Running money and holding positions requires having a view beyond the next 5 minutes and to be right - locals and...

This is what he does -->bank, medium size, asset mgmt If he trades against their rules and is caught or the SEC sends a letter asking for info on his activity, whatever he made, will cost his frim ten times to investigate, report etc and show they're in compliance. Hes about to embark on a...

Serious firms who have these restrictions, have them because they think the employee may be exposed to non-public material info about companies. They have a list of companies which are not tradeable by employees, he simply hasnt hit on one of these stocks. In addition, his comp probably has a...

I sincerely hope you re-consider such a foolish idea and don't do it. But, if you do go forward with it, I sincerely hope you get caught, lose a significant amount of money, get fired and are barred from the securities industry. If you're caught, not only do you make yourself look...