Search results

I agree with you employers have played a major role in destroying IT training and employee development. During my last 10 years every time I requested anything that was “Training or Employee development” as an IT manager it was refused. The response came back from my management “…Why...

When you have to revert to terms like “…Bullshit Cannard…” it reflects badly on who you are and anything you say that may be worth reading… And I must vehemently disagree with your response. America is filled with active IT business technology that is not taught in any school...

You are right. Many fine IT professionals I know are out of work. My heart goes out to them. I still receive job requests once or twice a week from recruiters pleading with me to come to back to work in IT. That happens because besides being an IT manager I’m a qualified DB2 and IMS...

I worked in high tech 37 years. Many of the things you state about IT are correct. There are many entry or standard IT jobs where H1B’s dominant the scene. However, this is not the case in higher skill set jobs like DBA. I retired from IT as a DBA manager to trade full time and few if any...

To stay under TARP would be suicide. Citigroup can borrow all it wants from Uncle Ben without all the cry babies like BO and congress with their non-ending restricts.

Sorry but I disagree with your usage of the word parameter as it applies to a programming language used to code a trading strategy. A definition can be found online http://en.wikipedia.org/wiki/Parameter_(computer_science) "In computer programming, a parameter is a special kind of...

Glad you told me. I switched them to Madrid.

Maninjapan LOL, you didn’t hit any raw nerves. What you are seeing is many experienced traders elaborate on different types of automated trading. Too many newbie traders believe trading with automation is simple (not implying you are a newbie). That is far from the truth. I am still...

…And if trading doesn’t work that day there is always Cracklin’ Rosie….

The answer to your question is simple and yet very complex. The simple answer is your trading plan had better have a pre-defined contingency section it in to tell you under what conditions you will take an automated system offline for fine tuning or discontinue its use. In my plan I call this...

The answer to your question is each product (stock, option, mutual fund, commodities, forex, etc..) has a different set of accounting standards defined by government regulatory agencies. For example commodities use a mark-to-market accounting that is required by the CFTC that is not at all like...

I thank you and the other contributors for your kind comments. I completely agree with the percentages you listed. That is an excellent insight in to the types of traders and groups of traders that a moderator such as you has to deal with. I agree that trying to change any trader’s opinion is...

ET posts are often a classic case of the similar famous movie lines from the movie Cool Hand Luke where they said “…What we’ve got here is…. failure to communicate…” by both the prison warden (Strother Martin) and later in the movie by Luke (Paul Newman). This “Cynicism” happens...

Another bubble breaks.

Your 11.5% projection could be right on. The government in the past has always included in their employment figures the temps that are hired for the Christmas rush by retailers. I suspect that is what we are seeing from the timing of the report.

I see the same. Other traders do also. AAPL jumped 9 Pts down off the open today.

I agree they are always out of what they advertise.

Hello Swan Noir, All traders learn in one form or another the velocity of profits and losses as it affects their account balance. And too many traders discover their account balance is totally depleted even though they used “a recommended position size”. This happens because these traders...

Hello Abattia, What I presented in the last 2 installments (responses from me) was a peek at my printing business. This printing business prints money but is not like the other printing businesses in ET. It uses techniques that are relevant to my business plan (trading plan) and not others...

The other question you asked is “When is a trading system put on watch?” This has to do with the notes I make at the end of each performance review. These relate to my method of trading my strategy. Some of the factors I note are that would put a system “on watch”: - Market, sector or...