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  1. B

    Get off this National pastime of pessimism!

    Is your home a box, with no windows and the tv tuned to CNBC cheerleading all day? I've heard of positive thinking bringing positive results, but your bordering on ridiculous. If you actually were a good trader you would take a look around, see the reality of the situation and trade on such...
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    CNBC broadcast on a 7 second delay

    Most networks run a delay since the janet jackson thing at the superbowl in 04. The FCC also threw down a big fine on ABC yesterday for a five year old NYPD blue episode so perhaps cnbc decided to they needed to protect themselves.
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    You still think RECESSION is coming?

    Herder George's sheep Kool-aid, I can't believe how many people actually drink this stuff. We're in recession now! Open up your eyes. Stop waiting for someone else to tell you some number massaged by the Bush administration. "Sheep get slaughtered" - Gordon Gekko
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    "the good thing about recessions is

    Change that to by the time the Fed and Bush admit were in one it will be pretty accurate. I know we're in recession, I don't wait for the piece of paper with six month old numbers.
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    Best calls you've seen on ET

    all the folks who said short google at $100 and are still short.
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    No recession according to BEIGE BOOK

    Only if your a lamb. Buffett doesn't wait for earnings and reports to buy or sell. He goes out to the mall, into the real world and gets the vibe of whats going on. Thats why I told you to walk around and see for yourself. Sit around and drink George's Kool-aid if you want, but at this...
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    No recession according to BEIGE BOOK

    Hey you sit around and wait for six month old numbers to be massaged and told to you by the bush admin. As some guy named Gordon Gekko once said, "sheep get slaughtered". Here sheepy, sheepy. Herder George has a piece of paper for you...
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    No recession according to BEIGE BOOK

    Seriously take a walk around any city in the united states outside of New York and then come back and tell me we're not in a recession. Stick that text book definition and bush manipulated numbers, they'll take you far. I went to college I remember how much I learned from my text books as...
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    A relaxing way after trading

    damn 17.5. why can't i get to 18? of course the site sets the bar there.
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    There cannot be a recession now.

    I don't need to wait for a piece of paper to come out six months from now to tell me that recession began in late '07. I look and see it. I look at the job market and see it. I look at credit defaults and see it. I look at the market and see it. I look at guidance and see it. You wait...
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    There cannot be a recession now.

    Stop drinking the Kool-aid. We're already in recession. Look around at every community and tell me were not. Manhattan is not the basis at which to judge the rest of the country's weakened economical state.
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    No recession according to BEIGE BOOK

    Exactly, traders act. Economists sit around drinking their coffee stick their thumb up their butt, waiting for a piece of paper and then debate a while on how to react. Meanwhile the next two quarters are going to fade as a well because of their inability to be proactive.
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    No recession according to BEIGE BOOK

    I took econ 1 and 2 bud. The school of economics sent me a letter asking me to consider it for a major. I passed. You stick to the text book definitions. I'll stick to the reality of what I see. Text book definitions is why the fed is never preemptive in preventing recession.
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    No recession according to BEIGE BOOK

    The Feds primary job is to guard against inflation. They fear it like a penny trader fears a 1000 shares in the quote. We are already in recession. The Fed wouldn't even bother to lower rates if we weren't . By the time they admit to the public we are (there politically minded), we'll...
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    Do you make money trading for a living?

    If your not making money, your not trading for a living. Your just trading.
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    tape reading

    book reading is not tape reading. book chasing is for rebate and volume geeks who would rather line Goldman's and the NYSE's pockets instead of their own. Don't get me wrong. Somedays penny/ rebate trading is the only thing working. But it ain't every minute of every day in every stock...
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    Is this to be worried?

    Sorry I wanted to add a little more to my last post. Because it was straight sarcasm with no added value, so here goes. If its a super complicated math algorithm they probably wouldn't be able to figure it out (if they were that smart they'd already have their own system). If its some...
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    Is this to be worried?

    If it were that easy, anyone who worked at the SEC reviewing trades could get rich. Plus them dudes at StockWatch in the movie "Wall Street" would never have busted up Fox and Gecco and wouldn't have been dressed so bad.
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    How do prop firms leverage your trades?

    Honestly I have to know. Why would you care about compliance unless you were a compliance officer? I mean studying the material for the 7 and 63 was stale enough. I can't imagine how stale all that principal material is. Honestly why? Are you into sadomasochism? Read a series 24 book...
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    Are there any stock/equities intraday traders left?

    There were plenty of traders who busted out after the bull market ended in 2000. I watched plenty of people struggle with the end of bullets and the bear market in 03/04. And now automation has kicked more to the curb. There is always change in the markets. Strategies only work until...
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