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If you have no infrastructure and no strategy, there should be no time pressure. The time-pressure comes when you know your edge is evaporating in the market. The most difficult aspect of trading is to expand an edge and push the business forward. In the absence of any revenue stream, you...

You guys are too harsh. If he has debt, he should have taken the job. Otherwise, waiting may be a better option. When I graduated, I graduated into a recession. I took the first job I could find, and it was terrible. It took me 3 -years- to get back on track. Then, I found out I needed...

That, and stealing/looting/robbing weaker people. The Queen of England's ancestors are not all saints.

Actually, you can live trade with them for free if you're willing to write your own code for it. I was not happy with NT, though. Seemed clunky and unpolished.

Tell the hedge fund to abandon this value investing non-sense and buy a decent high-frequency trading firm that can collect the rebates or spread all day long on NFLX. :-)

The part that kills me is where they think making your wife work means empowerment for her.

Not to mention, there aren't very many jobs in Chicago. I mean, there /are/, but for entry-level people it's extremely competitive right now. The illegals (Poles, Mexicans) have taken up the sort of jobs people without jobs would have defaulted back on in times of stress. The local economy is...

+1, Insightful There are enough lawyers and regulators involved that I don't think front-running is a problem. Retail/prop shops generally give their customer the ability to customize routes. It's the smart-routing logic that I find questionable, because smart-routing is fundamentally...

Microsoft just does not have the management know-how to pull off a product that functions as well as the iphone or android. They try to make themselves seem hip and cool, but have been the weirdo at the party for at least 8 years now. They basically have this "lazy class" of product managers...

IBM PC/XT with 8086, 640k, CGA card, but monochrome monitor, dual floppy, +32mb HD. Also, I had a math coprocessor.

-lived-. I no longer live there. I am in NY, of which I am equally not fond of. I wish the finance industry would dispense of Chicago and NY and move to Texas, Georgia, or possibly even Florida.

I am not a fan of Chicago, but I have lived there for some time. It's an easy place to live, but it's also a place where I pretty much never wanted to go out, and never wanted to be bothered. While I'm sure there are interesting people who live in Chicago, the signal to noise ratio is so...

This is why I don't aspire to manage other people's money as a fund-manager, unless that other-people's-money comes from a group that 1) can afford to lose money as part of a calculated risk, and 2) whose sole business is trading and risk-management. The idea that someone would not diversify to...

I bought a mac-mini for fun and recreation and stumbled upon their XGrid configuration settings. The idea crossed my mind to use the spare cycles for data-mining, but as of now the system is just connected to a TV and is a glorified gaming and fun system for the family room. Anyone have any...

The country lost its battle when they let everyone vote, instead of specific, qualified groups that had a vested interest in maintaining property rights. The founding fathers never believed the general public was qualified to vote, unless they had some skin in the game with regards to property...

My solution is to run XP in a VM for very specific purposes. Rather than buy licenses, I just use all the sticker labels on old, disposed computers and enter those in. People donate these XP boxes to donation centers now, just grab the stickers and you've got a fresh, workable license. I'd...

I used an owner-assist service and then listed the property on MLS with a lower-than-avg commission. I paid 2.5% commission. There's other ways, but then again I did this in a slightly hotter market than now.

I think he's doing well, but am not privy to anything more than rumors.

He is still there, but he trades out of NY because he thinks everyone in Chicago is to be pissed on.

I don't see what's wrong with what Solis said. If you have to pay an illegal the same wage you have to pay a legal worker, why would you hire an illegal worker with the added risks involved? This can only help.