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actually thats pretty dead on, I have a friend who works in the oil pit at the nymex and one day when oil was tanking they published a picture of everyone freaking out...he said nothing was happening in the market but someone in the pit had just farted and the whole place stunk haha.

Well you would need expereince trading elsewhere and that might get you a job as an execution trader, meaning you just buy and sell what you are told. If you want to make bets at any reputable shop you will need an ivy league degree and a track record. Most portfolio managers and analysts with...

Every single day the papers, cnn, etc have pictures of some retard on the floor with his head in his hands or his hands over his mouth. Where do they get all these?? Enough already! http://www.cnn.com/

Weren't you totally screwed last week and went all in on some trade? Don't worry, the market will catch up with you.

If you are getting paid well why not stick with it for another year, then leave under the auspices of going to grade school so you don't burn any bridges. You can trade pretty much full time while going to school, so if it works out great, if it doesn't you leave grad school with a degree, two...

i use very little margin overnight, during the day i'll sometimes be close to all in if i am trading very actively and managing a bunch of positions, but i always make sure to scale back so i have plenty of powder dry for the next morning.

I have a friend who works at a fund of funds and he has been sending redemption notices on billions for his investors. I believe the funds are due on the last day of the year so the funds have until then to raise cash. He see the returns of alot of shops and says they are abysmal so expect more...

If I was long AAPL at 200 or RIMM at 140 I would most definitely be worried. They took the stairs up and the elevator down, it's going to be a long walk back, in this market I doubt they see it again....maybe in the next bull market. Spending on blackberries, ipods, iphones, etc is going to...

I'm running scottrade and IB and both have frozen on me a couple times.

You should look into trading futures or something where you can get margin on a small account and don't have to worry about PDT rules. Trading equities with 1,500 is just not going to work.

What do you get in this package? Is there a better level 2 package available through IB?

You should rip the broker a new asshole that is unacceptable.

The first time I imagine that most prospective employers chalk it up to a bad bet that won't happen again or the analyst lies and says that he was fired because the portfolio manager took a bad position and needed someone to blame, enter analyst as scapegoat. If your screw up and get fired again...

No but I have worked in the hedge fund industry so I know how it works on both the buy and sell side. You spend all day crunching numbers, calling companies and traveling to attend conferences, road shows and management meetings looking for an edge Yes it's high stress, at the end of all...

This is fucking enraging. Every single senator and congressman should be removed and we should elect two entirely new houses. Why the hell do we as citizens put up with this?? http://www.nypost.com/seven/10022008/news/nationalnews/piggy_pols_in_hog_heaven_with_pork_packe_131770.htm

I keep it simple and just look at a chart to determine trend, i don't really use any indicators. MA's are a self fulfilling prophecy so any of the popular ones bear watching because chances are there will be a quick trade there, even if the trend just stops momentarily and then continues...

Well IF all the banks take advantage of this plan and sell their risky assets then the people trading with them and lending to them will know that at least there are no other surprises hiding on the balance sheet. But in the end it will come down to trust still I guess.

I go mainly by price, especially in this market. I like volume and MA as indicators, they can make you feel more comfortable about a trade, but at the moment I think most technicals are useless because there is so much outside noise.

I don't really use TA on individual stocks but I do use it on the S&P. It's useful to know where support and resistance lie because in alot of cases individual stocks trade partly in step with the indices. I would recommend you focus on a few different stocks. Pick stuff with high volume and...

Some people seem to think that these big name guys like SAC and Citadel make money no matter what but that certainly isn't the case. They have good track records but believe me they get hit with these swings. SAC certainly didn't see this coming and their pnl took a huge hit last year. You...