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    Mentorship (4th year still not profitable)

    I might be wrong but FX markets are a bit too random i.e. sudden massive fluctuations occur more often. You might want to go into paper trade mode with FX for a little bit and get to know yourself as a FX trader a little bit. Also, might want to switch from day trading to more of a position...
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    How a West Coast Trading Network Spawned a New York Pension Fund Scandal Broker ties Navnoor Kang ma

    Trader for multi-billion dollar organization and seeking handouts for dinners and vacations?
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    Ackman is so full of it!

    Also in pursuit of "money money money" people also hurt themselves and deny ownself of many much cheaper and cheerful joys of life. The natural law is that not every one is a millionaire, 1 in 100? so folks have to find joys in general things and money will follow with only "little extra...
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    Ackman is so full of it!

    Not agreed. Changing capital sturcture? bring in a sharp currency derivatives trader and he/she would create positions that reduce cost of borrowing on companies debt by 1-2% if successful. Even .25% reduction would payoff handsomely. Bring in a good market forecaster and he would hedge...
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    Does TA work better or worse on lower or higher time frames?

    In day trading higher the number of trades you take the higher the operational variables kick in against you. In position trade, you have to deal with higher stop loss levels plus overnight surprises (not to say surprises happen even during the day). Does TA work better on either time...
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    Ackman is so full of it!

    Ackman has nearly 80% of his portfolio in less than 10 stocks. Nearly 50% in 3 stocks only !! He has merely 6-8 folks in his investments team while he has AUM of $10B. Any decent minded "Billionaire" who is true to his clients would have atleast a dozen college grad analysts diving into...
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    Ackman is so full of it!

    Slick Billy, take your profits in ADP and be merry. $45-50 range for ADP is on cards. If ADP takes out the high of $121 then of course this short is out of play at a loss.
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    Ackman is so full of it!

    August of 2015, technically speaking VRX gave a major sell signal. Too bad, fundamentals are so sacred and technicals such villains. In WWII, German pilots delivering supplies to Stalingrad reported several heavy concentrations of Soviet troops in the area which could pose danger to the flanks...
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    "Liar's Poker" Trader, the real American Psycho?

    I looked at the photo of this beast, he seems to be not very big physically so probably has need to feel domineering and hence goes on to "beat and rape" women to feed his "low self esteem". Most probably he is not able to make them "moan and groan loudly" with his little weener so goes on to...
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    Complacency and getting better as a trader

    Becoming better at something requires you to find your weaknesses/mistakes and overcome them.
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    What lessons can traders draw from Amaranth blow-up?

    It also seems in institutions many a times "a trade" is a result of single man i.e. superstar's initiative like Brian Hunter at Amaranth. It should rather be a committee initiative where analysts from different "trading disciplines" fundamental, technical, other quantitative, seasonal...
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    What lessons can traders draw from Amaranth blow-up?

    The problem that can be seen is Mr. Hunter was betting on the weather and more so because he had made serious dough in 2005 from it. That is no different to betting on a ball game based on few macro factors. To worsen this nonsense "dart game" approach, he piled up insanely on the leverage...
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    What lessons can traders draw from Amaranth blow-up?

    http://www.investopedia.com/articles/07/amaranth.asp A strategy that Hunter implemented involved playing the spread between the March and April 2007 contracts. Hunter bet the spread would widen between the two contracts, when in fact it narrowed greatly in early September. As mentioned before...
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    Former Private Equity Firm Partner Charged With Secretly Billing Clients for His Vacations and Salon

    This bastard should have piled up on $50 of apples and oranges, even cheap grade and gone to a small farm to feed the animals. Must have given him much better feeling than stealing quarter million from the clients.
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    What would you say about a hedge fund that puts 40% of their capital in one stock?

    Although it should be mentioned that "real serious" money is made from single sector bets mostly ex: real estate and energy in early 00s, internet in 90s etc. etc. So how would this bitcoin bet be any different than those mentioned above? Folks need to find HOT sectors before hand and take...
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    What would you say about a hedge fund that puts 40% of their capital in one stock?

    "Glorious Gunslingers" at this hedge fund do not know that bitcoin has run out its up leg, atleast for now. Coming down to 3000 is more likely scenario.
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    A new ETF uses IBM’s AI technology to help it pick winning stocks

    How is this any different from running a complex scanner for picking stocks. Once in the trade then run another program like HFT algos to create exit scenarios.
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    London police raids the offices of 20 binary options brokers

    90s and 00s was the time of Pump and Dump scams 10s are the times of binary options scam Why does SEC even let such scams to even settle into something major.......over the years.
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    Has anyone turned 5 figures into 7-8 in a few years?

    True, getting into the right sector at the right time is an easy way to multiply your accounts. The good part is different sectors go hot and cold all the time so opportunities are always there. However, Marcus and Swartz, the sector lucky guys should not be considered investment legends...
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    Voice chat during the day?

    I was wondering how would trading performance change if say atleast two minds are working on trading. Also, your mention about trading desks for 12 years...........what are the annual returns of the institutional traders. While them handling major to mega accounts can cause different...
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