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    How Come No Desks At Investment Banks?

    Yeah I saw that too. But the GS proprietary group has 10/20 people I think, and they weren't hired by GS, they were employees of some little company goldman bought out. So 10-20 of how many thousands working for GS? I don't think there are a lot of job openings there. And, the bonus is 10%...
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    How Come No Desks At Investment Banks?

    If you're good, and you're patient, the smart money will find you. You're not after dumb money, that's why they call it "dumb".
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    How Come No Desks At Investment Banks?

    Proprietary trading is not that extended these days because shareholders and management consider it "risky". There are a few though, but if you can make money, why share it with the bank? Go open a hedge fund. If you are not that good at trading, and manage to climb to a MD position before they...
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    4 letter word of 03?

    Blanchard and Co. files lawsuit against Barrick Gold Corp. and J. P. Morgan Chase Wed Dec 18, 4:45 PM ET TORONTO - A New Orleans retail gold dealer has filed a lawsuit against the Toronto-based Barrick Gold Corp. and J. P. Morgan Chase of New York alleging they manipulated the price of...
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    interesting

    What's funny is that GS trades short term for its account while selling the buy and hold approach to their clients in the asset mgmt division. If that's what the clients want...
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    interesting

    more evidence that short term trading is more profitable than investing ...
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    Volume Plotted on Y Axis?

    search for the thread "market profile" on this board
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    If you had $100k to spend...

    a used Ferrari Testarossa.
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    Just for knowledge.....

    Regardless of whether you are a Republican or a Democrat, it's quite risky to be long-term long over the next few years. What do you know... voters prefer ruining their retirement in exchange for what? another $300 tax break? http://www.elitetrader.com/vb/showthread.php?s=&threadid=10622
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    why those working at the statistics dept don't make a fortune?

    Soo??? :confused: The comment was about the people who calculate economic statistics: unemployment numbers, payrolls etc etc.... and it was a very good question: why those guys don't own the market? they have at least one informational advantage over the rest of us...
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    why those working at the statistics dept don't make a fortune?

    Because they would have sold at the open today.
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    Yet another easy 5 pts

    not thinking like the crowd...
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    Yet another easy 5 pts

    doesn't work ...
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    Larry Williams trading style

    how about three accounts over each of 25 years?
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    Larry Williams trading style

    williams has three accounts in the current robbins cup ... that i know of ... all losers BTW ... but what do i care anyway ... a fool and his money...
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    Larry Williams trading style

    yeah right, i would like to know after how many tries, and how many accounts she had in that particular contest. if you trade 100 accounts randomly chances are you will do extraordinarily well in one. also... if you trade live over hundreds of seminars, chances are you will hit at least one...
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    Larry Williams trading style

    larry williams is losing so far about 20 ES points in the robbins cup http://www.worldcupadvisor.com/liveupdate/closedpos/showclosedpos.asp?LIVEADVISOR_ID=25 not much better than a newbie.
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    Moon Shot

    This is weird. There is a delay of more than 10 seconds between 924.5 and 926.5 ... either your connectivity or (more likely) your broker quotes/software is slow. Go with a broker that allows native stops.. every millisecond is worth $$ in fast-moving markets...
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    Moon Shot

    Be quick.... or be deeead
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    Moon Shot

    It might work, it migh not. Sometimes the price wiggles up and down to catch people who do what you are suggesting. Classic example: greenman days. News move usually b/w 5-10 ES pts. So for say, a 30-min bar of 5 pts you get 1:1/2:1 risk reward not rich enough for me. I'm not saying you can't...
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