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Because MWD, GS, LEH, MER all lost money from their prepriatory trading division in 2001? And this is including the massive profit they make from order flow which has nothing to do with trading skills? Get your facts straight, they did make money from order flow, but that is a totally...

Lol, I missed that piece of news :-( I was looking at briefing and I didn't see it, stupid me. I thought I heard something on CNBC about GE . . .

6 fills and god damn order entry locked for about 20 seconds, AND I upped my share size to 800 today from 700, I was about to smash something when GE showed that 200K offer and I could not sell market. -15 (GE), flat, +3, +13, +14, -1, finished +$50 after commissions, whew!

If your open strategy continue to bail me out like that, if I am lucky enough in this life time to actually get that far, you can get the best seat at the wedding :-)

My advice is, if you can't pay your bills, don't come here, pressure will kill you before the market does. Go find a job, any job, save up money, go find a shared room outside of Manhattan, it should run quite a bit less than $500 a month, cut down your living expenses to a minimum while you...

Your situation is actually very simple. Any place that can offer you a salary and you don't have to sell yourself to it for many years, go for it, in this market condition nothing beats a salary when you are a newbie, absolutely nothing, although I think you will have a hard time finding any...

A very light game for me as I walked right into a home builder sell on the news gap and trap. Thankfully Don Bright's open strategy came through and absorbed most of the damage and I didn't have to play with a deficit. 10000 shares each way on 10 of 17 shooting, +359 before commissions, +192...

+33 +22 +9 -15. Thankfully I got a lift here as I am up just $50 right now after my other trades . . .

Squeezed out a really tough FOMC win. 15800 shares each way on 10 of 18 shooting, +680 before commissions, +357 after, 1 bullet. Pre-Market: FOMC day and GS beat earnings, I really questioned my broker open shorts, but decided to take the chance . . . 9:30: Filled on MER, ABT, and a...

2 losers 1 winner dead flat after commissions.

A very solid all around game to start the second pay period. 10700 shares each way on 11 of 16 shooting, +1205 before commissions, +1027 after, no bullets. I am playing at the highest level I have been playing at in a long, long time. With $7000 in the bag and 9 games left on schedule...

3 fills, 25, 10 -3 . . . Didn't do BMY, and only did a partial on MRK which happened to be my best winner, guess I am too conservative, last but not least mooked out of HD . . .

At Worldco the minimum order for a MOC is 3000 shares :-)

I had a solid week versus my average performance this year, won 4 out of 5, $2000, but I really had to work for every dollar as sometimes it really felt like pulling teeth. However, my entire team struggled big time, and my firm put up some of the worst numbers since last summer, two of my...

***I would be willing to bet that I lost less money in my 4 1/2 yr learning curve than in the above 3 1/2 months.*** Err, I was down $4500 at my lowest point. ***Because you do not understand and benefit from the leverage?*** Because leverage can kill a newbies faster than he can say...

Yet another difficult day but I managed to squeeze out my third straight victory, or the 16th of last 18. 14000 shares each way on 9 of 17 shooting, +880 before commissions, +647 after, no bullets. While my numbers are hardly top tier material, the level of consistency is there, and the...

Canceled my order on MRK, too much risk for me. Just one fill +17 cents . . . Widened the envelope because it is options expiration and the economic news came out at 9:15 did not factor into futures.

Sammy: Every trader I know is doing better than me, because I only compare myself against those that are superior and never look at those who are behind.

If you REALLY REALLY REALLY REALLY want it and you will give up everything in life to become a trader. Save up money, relocate to New York area, find a shared room (hell a shared room in outerborough can run less than $500 a month) outside of Manhattan, come to my office, fill out the paper...

While the relatively light size I traded today made it impossible to have a huge day (never found a position worth going a full lot on with the lack of overall momentum), this was a huge game for me as for the first time ever, my entire line of offense clicked. For the longest time I have...