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Hi all--I'm trying to do a mailbag post in the future. Send in any questions (or observations/remarks/hot takes) and I'll post them with my reply.

I honestly think the circlejerk of every trader wanting a turbo sports car has gone so far, even people who dont really want one think they should want one. It would be a massive waste to drive a lambo in NYC anyway

I don't own a car. Make of that what you will.

Daytrading for 14 years, never had a real job. Check out my blog at churningandburning.com — my latest post (the 10 traders you meet in prop) is a banger.

https://churningandburning.com/2023/09/10-traders-you-encounter-in-prop.html New post! The 10 traders you meet when you’re at a prop desk… many great characters.

He didn't work regularly with us but Steenbarger would do guest lectures. We had guest lectures from "known people" in the trading industry once the Joint Venture started.

He stuck through it the rest of the year. Then he pivoted to another financial sector and moved on. Seems happier now.

New post about how one could see everyone's PnL at the new firm. And all their real-time positions too. https://churningandburning.com/2023/08/full-transparency.html

New post: https://churningandburning.com/2023/08/joint-venture.html The MBC Trading Desk enters a new partnership.

New post: https://churningandburning.com/2023/08/bitcoin.html March 2013 and I'm depressed and trading bitcoin. It's a few days away from when MBC merges with a new firm (which will be the next chapter after this)

New post! Life during Hurricane Sandy plus the most bizarre incident I've experienced during a trading floor involving the biggest whale on the desk, Spark Merling. https://churningandburning.com/2023/08/sandy.html

New post and I think it's a fun one -- a bit about MBC's past, me trading more biotechs, and a new trader graph I call The Pain/Time Matrix https://churningandburning.com/2023/07/pain-time-matrix.html

New post! One of the most highly anticipated days as a trader: the Facebook IPO. Tons of hype and fanfare on it. https://churningandburning.com/2023/07/facebook-ipo.html

So I tried to "entertain" a systematic approach to it because a chatroom I was in (alldayholds) was headed that way. I didn't 100% commit to purely algorithmic entries and kept a lot of feel+discretion in it. I got tired of seeing the lead chat guy commit so many different backtesting flaws and...

Thanks for the congrats guys. MW: Are you talking about the managing partners of my firm in 2002? I don't think they had started their own firm yet at that point. Lwlee: Writing has actually helped spur some interest in trading again. Actually being curious about markets and having a creative...

The entire post is about a poor process and poor decision making in trade, despite an acceptable result. I’m glad you can recognize that. I almost never about good trades because they’re usually boring. Thank you for your advice. As a side note I became a dad yesterday and it might be a little...

New post up about women, broker dealers, penny stocks, and friends along the way. Thanks to everyone reading! https://churningandburning.com/2023/07/camraderie.html

Thanks for the good word KTM! I found a flow in writing that I never thought would come back. Please pass it around, many traders with shared experiences from this time period have reached out to me and loved it.

You can read my first chapter "Financial Capital of the World" and see how badly that first book hooked me in. Then the slow disillusionment of the next 3 chapters to find out the reality of the situation. Funny to look back at it.

I did an AMA on reddit to answer questions like these -- My answer to that question: "Shorting small caps is my oldest strategy. I have more in the bag too, I've had past success swing trading trends in tech and crypto, trading special situations (reverse splits, warrants, stock spin-offs...