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thanks! it didn't work b4 cuz i click on the full symbol where it had the globex:@esm4. BTW, how come i don't get any quotes for yen and euro?? I put globex:@jpym4 and globex:@eurm4. i get those quotes on my IB TWS though. Hmm... Also, can QT backfill intraday for the eminis? Because...

j_medved, I just dled QT. I'ved used it a while back. Now, I'm trying it again. Anyhow, can QT get historical DAILY chart of the e-minis? I know it can do the intraday chart. I can't seem to get the daily chart as well. I'm using IB to power the quotes. So, I guess it's no? hehe

why?? why at 115? It's a 4% move. Is that your profit target? What was your risk stop? If it's 4% then the R/R is not so good.

that's a very good point that many people fail to see. Let's walk through it now to becoming a doctor. So, you go to college for 4 years. You go to med school for 4years. You go to residency for 3-4yrs. During residency, you get paid like $35K/yr after EIGHT YEARS OF HARD WORK AND EDUCATION...

ice, that's a very good point. newbies always expect profits to come easily. and some many people just look at a chart of a crazy stock like TASR and said I could have made so and so $$. Let me tell you this all newbies. Trading seems easy, but it's probably will be the HARDEST thing...

Error404, I'm glad you found something that is working for you. But let me tell you this. There's NO such thing as a Holy Grail. It simply does NOT exist. Some of the best traders and midns in finance have tried to find such thing. None exist. All we have is an fleeting effect that will get...

There are very few "real" trading positions at i-banks. And even some of them are getting automated. People are working on automated market making. If that takes off, then a computer will make markets 24/7. No need for human traders. Quants jobs are not easier. You are competing with the top...

But those Ivy Leagues phds are hired on just as "quants' NOT as traders. And no, they don't get $200K anymore unless they are pretty senior. Now fresh phds probably get 70-80-90K base plus bonus. The really good quants(i.e. professors or those with years and years of experience with unique...

stockfrosty, Ironically, I think I've done better in index futures than stocks. Stocks can be EASIER, but you ahve to do a lto of research to find the good movers of the day. Or news stock. Or momentum plays etc. I think it's easier to hold stocks. But on the flip side, futures can be easy...

It will take a while. Right now, the average retail investors have been SOOO brainwashed that they will say mutual funds equal safe and for mom&pop. HFs are for the superrich who likes to roll the dice. And mom&pop sure ain't want to roll the dice especiallya fter that huge bear market we just...

I think the prop firm model is PERFECT is your are running $1M to $5M max. And you get 100% of it. Or a large % of it. Let's see. If you are tradign with $1M and you get 50% returns b/c of leverage, you get $500K. That's pretty darn good. As mucha s senior Wall St people working 90hrs/wk. But...

darkhorse, Thanks for the thread. I think you got a good point. Many traditioanl long only managers are now looking ot hire people from a hedge fund background or some hedging or other nonstandard strategies. It's the beginning... I dont' thinkt he MuFu industry will go away overnite. They...

this is hilarious! $1M/month adn $1M/day?! Let's see how the math works out. $1M/month woul dbe $12M a year. If you are runnign a $100M fund then that's 12% returna year. That's possible. I don't know how many prop traders has acces s to $100M. $1M/day is $250M a year! For $1B fund...

Yeah... I wonder where are all those people who called TOPS?? You guys know who you are. James,et al. Do you guys still have shorts on? Or covered after the first drop? Haha. The futility of calling tops and bottoms. My guess is that a lot of shorts on ET lost a LOT OF money on the way UP...

A Big Board Specialist Firm With a Burden of Debt By LANDON THOMAS Jr. Published: March 17, 2004 aBranche & Company, the largest market maker on the New York Stock Exchange, warned in a filing yesterday that it might have difficulty meeting its payments on $100 million in debt due in...

FDS had $1.70 move near midday today on 3/9/04. what are you talking about?

Hmm... Perhaps you need to trade other stocks. There are plenty of movers. I'm not saying it's easy. It's NOT easy. If BRCM isn't working after 4 LONG HOURS then you should try something else right? However, I pulled up a BRCM chart for today to see where the problem is. If you had short...

By STEVE LOHR and MATT RICHTEL or computer scientists and engineers, the 1990's were close to paradise - until the technology boom collapsed. But even as business has started to pick up again, the job market they operate in has become the toughest ever. While this group represents a...

If you do a few days swing at IDSA or RIMM and load it up with 10,000 shares block, you can have some unbelievable numbers too! i wonder how many prop shops let people do that.... Even at 80% cut, it would be great.

i was NOT giving them hell. Just asking. :D Anyhow, so today he was averaging 10cents a share? Hmm.. is that typical? I guess if you ave 10cents/share and do volume then it would make sense. What kind of stuff does he trade? Stuff that moves around a lot? Cuz some stocks have like a 20cents...