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Is there a list of good options prop firms somewhere?

To haircut deposits bellow €100,000 is crazy. Their 'guarantees' or promises will be worthless if they do that as people won't trust these promises anymore. If Spain, Greece or Italy starts to have a bank run (If stocks drop another 5-10% that is certainly a possibility) then it will be hard...

What is the difference between your good kelly formula and the Optimal F? It seems that you are trying to reinvent the wheel here, the Optimal F already corrects lots of problems with the Kelly and it more applicable to trading. It is based off the worst possible loss instead of 'average loss'...

Sheila Bair wacked debt holders of Wamu and within weeks no US bank could raise debt at reasonable terms. The FDIC was forced to bail everyone out through the debt guarantee program This Cyprus haircut might be similar, it will prove to be a mistake in my view

Any info on what happens to USD deposits in Cyprus banks?

How come I don't see these types of threads for long positions very often?

I closed my STP short when they got extension of debt maturies, thought the stock would squeeze as shorts covered and retail buyers pile in. Normally it probably would, I suspect lots of debt holders are shorting the stock as a hedge

If you want to point out losses these are not even good examples because my losses were limited by the buyout price. I wish all my short losses were like this ones. I've shorted stocks that went up four fold in 2 weeks against me, but I also shorted ones that collapsed 80% in less than a week...

1) you can't know for sure but sometimes you might be able to tell through fundamental analysis that the market or analysts are missing something and that makes it more likely than not the stock will miss 2) my stop was the standard 'garbage index' 100% stop. In volatile stocks I cover when...

"If we needed more proof that Google (GOOG) has stolen Apple's mojo, according to a report by Citigroup, the Mountain View search giant has recently surpassed Apple to become the most-owned stock by the 50 biggest actively managed U.S. mutual funds." GOOG setting to a similar play AAPL had in...

Markets have been good for perma bulls, or bulls who just don't get shaken out no matter what. I underestimated how Fed action would initiate this 2003-2007 like complacency/speculative boom. I agree with Druckenmiller that it will end badly. Spreads have been compressing everywhere, vol super...

MLNX is a good example, when it missed and had bad guidance it went from 100 to 80s/70s I believe, it popped back to 90s outside regular trading hours. There was plenty of time to short as it became clear the tide was turning. There are a ton of big funds that need to liquidate anyway, we have...

I got hurt on Z. First I shorted in the 40s and covered in the 20s, then I reshorted in the 20s thinking it would drop some more. It went all the way back up to 40s The lesson to me is to never short momentum high flyers unless you just KNOW they are going to miss earnings. No matter what the...

http://www.vanityfair.com/business/2013/04/bill-ackman-dan-loeb-herbalife#

Its totally bizzare for a CEO to resign when the company is having strong earnings growth like this

http://www.reuters.com/article/2013/03/07/avgtechnologies-ceo-idUSL4N0BZ6XN20130307 I shorted this stock in the low $13s and got squeezed after earnings. There is an SA piece that prompted me to short (by Prescience). This resignation could mean the guy is trying to cash out and get out...

UNXL just hit $28. I just don't know how much of the hype is real and how much is bullshit. Analyzing touch screen market share possibilities seem difficult to me

I ended up covering this one a bit too soon in the 1.40s. Are you still short the stock? Where do you think this thing will end up?

An update: I haven't been very active on macro trading in the last few months. I have been focused on more equity trading (specially on the short side and on short-term time frames) because I'm finding it to be more profitable since I find that distortions there to be abundant and everyday...

I tend to agree with this, I have been following this stock for a while and put a quick trade here and there but I'm scared to short for longer, this stock is choppy as hell and the momentum still seem to be to the upside