Search results

  1. M

    Housing Rolling Along 2

    6% 30 year and sub 6% 15 year is VERY low historically. oneway, I agree that the market is going to change over the next couple of years, however, I do not see a crash. Money is still very cheap and we might not see rates go much higher any time soon (as interpreted by fed comments...
  2. M

    Housing Rolling Along 2

    Things are slowing down but I just don't see the crash that you describe. With 30 year fixed rates hovering below 6% at the tail end of fed rate hike campaign...... money is still cheap. With that being said things are definetly cooling off. Slow markets do not equate to market crashes in...
  3. M

    Trading dying a slow death

    The easy money over the past 4 years has been in Real Estate....
  4. M

    Cant break in this business

    Also look at equity prop shops like Bright, Schonfeld, First New York Securities, etc. Those 3 provide training and make there money from commissions (so entry is easier). I only mentioned these 3 because I know they provide training. Out of the 3 above listed firms I know Bright will take...
  5. M

    Schonfeld Vs. Carlin

    RE Jeff will make it thru the REFCO situation and re-invent himself. What was Jeffs involvement with REFCO?
  6. M

    Why so eager for leverage at prop firms?

    There are many trading methods that benefit from that type leverage, various day trading strategies require better leverage than the typical brokerage is allowed to provide.
  7. M

    The Real Cost of being a Proprietary Equity Trader

    re: "Can someone tell me who is offering these rates at .0015 -.002. I would make so much more money at that rate." Genesis
  8. M

    When do you call it quits in a day?

    This should apply if you are a day trader. Set a loss limit for the day (the amount should be set at the amount you usually make on an average up day) When you hit that loss limit turn off your computer and get away from trading for the rest of the day. (this way for every 3 up days you have...
  9. M

    Housing Rolling Along 2

    Keep an eye on the $/euro. Alot of the money flowing into S. FL is European. The weak $ and high real estate values in Europe have made US real estate very attractive over the past couple of years for Europeans.
  10. M

    Housing Rolling Along 2

    Oneway, The lionshare of mortgages originated nationally have been fixed rates. Option arms have seen recent popularity in overvalued markets like Southern Cal, Southern FL, and a few others. Any fall out will be seen on a region by region basis where we see alot of speculators (many...
  11. M

    Housing Rolling Along 2

    Some warning signs are appearing on the horizon... I expect some softening in the RE market going forward.
  12. M

    Housing rolling along part III (But...)

    peilthetraveler I agree. I notice you use realtor.com also try loopnet.com for commercial (rental, lodging, land, etc) they are the best resourse for commercial property........ You can still cash flow in many areas of the country on rental property, the real estate "bubble" should be...
  13. M

    The Real Cost of being a Proprietary Equity Trader

    re: thanks for your comments and participation... glad to know you made millions, uh, thousands..... Yes, I love my new life as a thousandair.... Now I can super size my value meals at McDonalds! And shopping at wal-mart has never been better. On a serious note, I was only using...
  14. M

    The Real Cost of being a Proprietary Equity Trader

    With commissions as low as .0015 there has never been a better time to go prop. When I started 5 years ago I paid .0125.......... and gave a % of my overall profits to the company. It is safe to say fees and commissions are rock bottom at most of the prop firms left standing. Sure there...
  15. M

    Paid to Trade

    take a 2 week bartending course. Trade during the day and bartend at night. This will allow you to learn how to trade without worrying about day to day bills. Save all of your trading profits for the 1st year, and half or all in the second year. This will give you the bank roll you...
  16. M

    housing crash

    SteveD Re:would also guess that, from what I have seen on TV, most of those homes do not have mortgages. Most barely have a certificate of occupancy. Also, most are of modest cost so outlay should be minimal. How did you come to this conclusion? There is some valuable real estate...
  17. M

    profiting from Katrina?

    It is all the evil white mans fault. Find one and blame him for all of the misfortunes of African America... Wether it is a storm, poverty, lawlessness, lack of education, unemployment, drug abuse, prison, or crime ridden neighborhoods. Didn't you know that this disaster was conspiracy by...
  18. M

    ETG+Schoney?

    This should be good for the guys left at ETG. New direction and leadership.................... Good luck.
  19. M

    Housing Rolling Along 2

    re: nobody is buying one year out these days so they get creative and come up with this... "With buyer appetite so healthy, approximately one-third of our communities now have backlogs stretching out twelve months. Therefore, in a number of communities, we've chosen to hold off taking new...
  20. M

    Housing Rolling Along 2

    The housing bears have missed out on the best market of the new millennium. Sure things will change, the tide always turns....................... but picking tops (or bottoms) is a losers game. The facts speak for themselves.
Back
Top