Search results

I hope with health care reform we can flush the money obsessed doctors out of the system and replace them with people more interested in healing. While medicine may not be like the clergy, studying long for no pay, it should not be as money obsessed as it is. It should be a calling to heal...

I don't know about the rant. I just posted it for the last paragraph: For those with as much history in the biz as I, they know that even Dick Donchian's 5 & 20-day moving averages and Abe Cohen's Point & Figure text are the 'secret sauces' that are as good, and often better, in ROI than...

I saw this in the comments section in the WSJ regarding Citadel suing some former employees. I am not an algo trader, but I thought I would pass this on. --------------------------------------------------- "The Citadel suit is ridiculous, absurd, just a Red Herring to cosmetically place...

Can Americans get an H1B visa from India to trade this?

Someone says this every six months or so since ET started. Like clockwork.

Quantitative traders know what their edge is through testing historical data. They know which patterns or programs are showing promise. Of course they don't know if they have a real edge until they start making consistent money. A discretionary trader usually does not know what their edge...

That was a good post Nexen.

There are two paths to successful trading: the linear way, where you apply computer power, statistics and probabilities to come up with an edge and exploit it with a lot of capital. Sophistication taken to the extreme, as with a hedge fund. Here, traditional, measurable brain power is the key...

Its easy to shoot something down. What are your elements to trading success?

Their buy China policy will keep all their stimulus money at home. http://finance.yahoo.com/news/Beijing-orders-Buy-China-for-apf-15546146.html?sec=topStories&pos=8&asset=&ccode=

China has gone protectionist. Forget about any benefit from their stimulus. I wonder how the stock market will react, though the major news sources are covering up this story...

Trade options on ETFs like QQQQ or SPY etc. You get the same bang for the buck as futures or better.

Who is top dog..... http://www.funnyordie.com/videos/dc131a468d/damn-it-feels-good-to-be-a-banker-the-musical-from-portala

I never had a store card. Started with American Express green in the early 1980's, then platinum. Got tired of paying $200 a year for no perceived benefit. Switched to no fee major bank cards. What turned me off about the credit card industry was the constant mergers, changing terms...

You still know nothing about me and you are still an idiot.

I suppose that the banks and multinational corporations that have their hands in the taxpayer pocket for hundreds of billions of dollars are a part of that shiftless and lazy utopia as well. Add to that rebate credit card holders who think they are entitled to free money. Where is this country...

You assume everything, but you know nothing. You are an idiot.

I never had a Sears card - but you seem familiar with it.

Many traders go through this once or twice. Take a year or two off and come back part time. What hurts is that intellectually you feel like you have failed (perhaps for the first time in your life). Remember, the smarter you are, the longer it takes to be a good trader. Your mind will see an...

Either you work for a financial firm and are spewing their non-sense or you are a fucking idiot. If a bank only makes a 1.5% split on a transaction fee and they pay you a 2-4% rebate and give you an interest free loan where the fuck do you think that extra money comes from? Do the math if...