Recent content by TradingMan

There's also an office in Macau if you don't mind the 50 min TurboCat commute... but be prepared for some of the lowest commision pricinfg structures in the industry.. remember Swift treats this part of the world like a 3rd world country and pays out similiar...

I think Solo's been smokin' some good crack... pass the pipe please...

Also try working in in China they only give out something like 20% to the guys making $5k per month... hows that for economics...

Well if one of these guys is making $40k per month then the company still gets $4k of this... If new guy blow can make even a fraction of this say $5K per month Swift takes 65% which is 3.25k... they still get more from taking only 10%... my numbers are probably off abit but you get the point...

You get yelled at to cut your loss... then you will probably be told to stop trading for an hour or if the loss was very big your computer station gets locked down...

It helps to have a good mentor to analyze or critize your trading mistakes. Listen carefully to what they have to say and focus on your weaknesses, like cutting loses or holding onto a losing trade in the hopes that it will turn around, sometimes there's no bottom. Set daily quantitative goals...

I agree sobriety is a must for me... the other night I had a few beers (watching a hockey) and the next day trading I was very undisciplined it was as if I had a trading block in my head. Made several mistakes I wouldn't normally make, like jumping the gun several times because I felt impatient...

Haha... I guess there's no such thing as a free lunch... But anyway I thought I heard somewhere Swift covering new traders accounts for their first 2 months, but I guess I was wrong...

So what stock are you referring to... I heard EMC was a good one...

Thanks for the correction Bogan7... Do you work for Swift in Canada and if so what % do you make on every dollar you earn? I read it starts at 45% can someone confirm. Also what happens if you start off losing money say -$100 in your 1-2 month, does this get carried over or do you have to...

For the first 5 months or so you are considered a student and do not make any commisions. You start off trading 100 shares and work your way up trading more shares as you hit certain milestones. Once you make a certain amount in your final month you then graduate to become a trader. Its then you...

Does anyone know if there is one in Hong Kong? I know there's some in China... Anywhere else?

Or be down -$120 like I was today... keep reading the markets wrong and everytime I went long the market dropped and everytime I went short the market went up... oh well next week will be better...

I think the housing prices have begun too slow down abit. But I don't see them dropping anytime soon either especially with the 2010 Winter Olympics around the corner. I know this year everyones BC Housing Assesments went up, more than the usually increase and made alot of people upset, means...