Recent content by TraderNYC

I am in the same dilema. I just need to make sure I have enough to weather the learning curve... No one knew the QQQ's were going to rally 35%...I do not believe that is a valid point.

Bro...I know best...since I worked for SLK...Listen Specialists get rotated all the time...they take breaks throughout the day...for a half hour at a time...this is where an Interim Specialist one who they call "is on the wheel" takes over and trades the stocks..........

Yes...The program was a rotational program...rotated through NASADAQ Capital Markets, Fixed Income Desk, Prop Desk, AMEX Options and ETFs as well as Equities...I was placed on the Amex Options...but really wanted to do the Nasdaq MM'ing...I left after a few months...now I work for Caxton...

I was in SLK's(Goldman Sachs) Trader Training Program...I undertsand the Specialsit Role...I was an assistant while in the program...I wil be happy to field any questions.

Thanks You TM...! Big help...I am in the early stages of research...obviously! What about elasing equipment...(computers, desks,etc.....)

Really only looking at Jersey for right now.

I am very interested in learning other peoples experiences with starting their own shop or even trading team. Costs? Leasing Equipment? Space? ....Any info would be helpful. Thank You!

Bro...You have not been able to land a job for over a year? Get a head hunter...they found me a job at Caxton Associates....the largest hedge Fund in the world....

I love South Beach...let me know if anyone is starting something...this is very interesting.

Regarding the Youngest Child Theory...I COMPLETELY AGREE....! I have always been the gambler in the family...Always testing risk.....

I am a TA @ one of the largest hedge Funds in the world...I am telling you right now...you need good Sell-Side Institutional Alliances... more than anything else. Your team should be based around this. Where are you going to be located? How much capital....?

No I put on the position last week I think Monday or Tuesday....My exit is 29.95

I am stuck in a swing trade long 2,000 QQQ's from 31.36...been stuck for a week......Probably my worst trade yet.....I had 8 straight profitable Q trades 2 weeks ago then got caught in this mess......

Don...I have been reading Elitetrader for a while and am curious what the average Salary is of your traders? You must know or have a general number.... PS: I currently work for Caxton Associates run by Bruce Kovner...I am a TA.....and want to trade on my own so bad....