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BRK - Berkshire hathaway Buffet's buddy Charlie Munger also heads a company. I'm sure that company is as clean as Buffet's.

why? is it market making where you need order flow?

why can't you replicate the main strategy of pulling down hundreds of thousands of dollars per day? is it because it requires order flow?

bravo!

what was the salary on your offer letter?

perhaps he was describing how DE Shaw's market making algos work. post a fake bid, and when the customer submits a market order, the bid at 90 will miraculously disappear and the customer get filled at 82? :D "Broker-dealer activities of the D. E. Shaw group are conducted in the United...

and why are those people losers? nothing wrong with working a menial job to pay the bills or as a means to pursue bigger goals.

enough with the boring stuff. how did the cocktail waitresses look? :)

don't forget to max it out first before you stop paying. :D

240: bearish daily: unclear weekly: bullish monthly: bearish agree?

b1s2, can you teach me to determine trend direction? i just don't see what you're seeing.

if that's all you want then you don't need to limit yourself to canada. the u.s. actually screws you in many ways. health insurance, car insurance, capital gains tax, sales tax, property tax, etc. are just the many ways that your money gets taken back by the corporations and the government.

if you own the debt it means you lent the money. the chart says the U.S. government owne 45% of the debt, so it lent 45% of the money. how does the u.s. government lend itself money?

pardon me if this is a stupid question. but what does it mean when the U.S. government owns 45% of the U.S. national debt? isn't this the debt of the u.s. government? then how can it borrow from itself?

hey b1s2, is the weekly ES chart looking bullish to you?

yes, i was referring to how you change your quoting behavior. how do you hedge exactly without eating into profits? on a per contract basis, your profit is the spread, so it doesn't seem like your hedging cost can be too high.

what do you do then the price is going in one direction? how do you know how much to bias your quotes?

well said

i guess you're saying you want a longer time frame. but why 240 as opposed to 300 or daily?

any particular reason for using 240 min?