Search results

This only applies to NYSE, right?

I didn't say you had to be a successful trader, the point i was trying to make was in reference to whoever said that swift had a better profitability percentage of traders. Obviously you get all types in this business but the average bright trader treats trading more differently than someone at...

I've traded with both Swift and Bright for good periods of time and would find it very hard to believe swift has a higher success rate than Bright. How many branches of swift have closed down over the years are you telling me the big numbers are coming from Asia? You don't hear about the...

I was having an amazing year and consistently profitable trading pairs until I got super-leveraged in a few and almost blew up, if it weren't for that everything would be awesome...i know there's lots of other guys in my firm that are cleaning up...

Oh and all my pair trading is not automated, completely discretionary.

Take any acceptable maximum level of risk and multiply by 5 and that's what caused my drawdown...it's really quite simple i was loaded tits deep in a few select stocks - i held over 2 million in capital in four stocks for several days in a row. I'm not making any excuses it was stupid, the...

Is there anything worse than a late year drawdown? I was up 360K at the end of november only to piss away 250K in a few days...had to circle the wagons as i reverted back into 'survival' mode. Like you, this humbling experienced has taken me down a few notches.

I was planning on posting in here start of next year but after the last week i had i don't know if it's gonna happen...in the last week i pissed away what would have been an amazing year, here's yesterday (no joke) :(

I damn near blew my account out in a combination of BHP/FCX/NEM/RTP...got super-overleveraged in too much size, could have taken lots of rolls/lightened up but didn't now i was forced too...ugh think i may take a break from posting for awhile

There's only one way to make it in trading and that is to figure it out on your own. To be able to do that you need to put yourself in a position that will allow you to succeed....trading with no money, borrowed money, in a lot of debt or any combination of these (which you seem to be presented...

I had a very similar situation when I got into trading...you'll need to work at least 30 hours a week just to get by (assuming you aren't living at home and not paying rent/food ect.) while trading full-time and be prepared to do this for at least 2-3 years before you can quit your part-time...

Hopefully his suscribers don't realize this...paying a guy money for a 'skill' that generates him less than minimum wage.

Hey surf, would it kill you to contribute one somewhat useful post to elitetrader for every 5 posts spent licking some loser's ass?

I can't expand on much of it, there are pair traders that have devised a trading edge and methodology strickly around dividends. I just try to put myself in a position to make sure i collect more than I pay which is a nice added bonus to my overall profitability. One of the pairs i trade...

Good stuff. Many spreads have been getting blown out but there's been lots of trading opportunities out there to offset potential damange....I just want to introduce a new element to pairs you probably haven't looked at, dividends.

Hey johhny how's your overall profitability? A lot of pair traders are getting whacked as many spreads are at retarded stretches.

If i can recall DE Shaw really took it on the nose last summer when the volatility spiked high for the first time in ages...up until that point their returns were some of the best around, like other posters mentioned if you can get in there, take it!

Does your program incorporate trade accounting, or do you calculate profit and losses manually? Good job, always interesting to hear other trader's pair trading strategies.

I intially said that because i was honestly confused..you said company money sorry i apologize because when you mentioned taking on clients (way back), e.g. like a hedge fund, it is entirely different than trading prop which was the whole premise of this long and detailed discussion. That's why...

I had to reread what you said about four times because your grammar is so poor...listen i was trying to give you honest advice, i have been nothing but straightforward and direct to everyone on this site (including no less than 50 pms i've received over the years). You should take the...