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obviously you didn't read my previous posts

done. added position at 1.2303 support i mean the 15 min chart support at 1.2306. daily suport of 1.2340 was broken arleady

yeah, but if you think about it, then fundamentals are in the USD's favor.. espeically the fed's not going to stop raising rates. as soon as it breaks 1.2309 support, i'm going to pyramid some more short EUR

french vote no. nice. i'm ignoring my profit target of 1.2440. i'm letting this one ride. short from 1.2680. its going down more, i don't see any support up until 1.2340. but i don't think that's going to hold anyway, next major support is all the way down at 1.2000. maybe then i'll...

dude, that was what i was thinking.. that you just wanted to see the reaction by posting something that people here generally agree too.. that education is worthless. anyway, i agree with your previous posts... education is extremely important. maybe you have read my posts before...

its not the job. its the brand name. sadly people either forget, or deny how important a brand name is, especially on this board.

intresting. i'm still short eur/usd from 1.2680. profit target 1.2440

right on sle. that previous post you quoted is just a lame excuse for not aiming higher. like saying if i make millions, i'll be spending millions too so i won't be more well off

ok maybe he isn't being sarcastic.... then you're just one confused person to have switched your position on education within a few minutes.

i think he is being sarcastic

yup, when did you attend? i graduated about a year ago. maybe we have met

that's an interesting point. come to think of it, it may well sum up what laypeople would view as gambling. the very possibility that there is a large loss will constitute gambling, as the average person is risk averse. true, money management is a critical factor not in itself, but as a...

to a layperson, a trader is looked down upon because success is measured differently. to the layperson, climbing the corporate ladder and getting a title or something embedded in our culture. however, to a trader, success is bottom line. to me, success is to have a sharpe ratio >2 glad to...

wow you are fast in replying. haha yeah we crossed posts.. i would say gambling is putting a bet in a game that you know the odds are against you in the hope of a huge payoff that has a negative expected value. this would differ from trading strategies that are backtested and show a...

what subject? i was in wharton undergrad, financial engineering at iit and am now in gsb for mba. you've got to realize you're attacking their profession. anybody with any feelings with feel animosity towards that. dude, you know, trading in the derivatives markets, just because they are...

i think what you are missing is that the act of wealth transfer in itself is a vehicle to improve the efficiency of the financial system. take for example IPOs. arguably, the institutions who buy the newly issued stock from the i-banks are entering into a zero sum game with the firm. however...

i disagree that trading in a futures market or any other zero sum game market is equivalent to taking money from other people. what if the counterparty's goal was not to speculate? they just want to hedge their position. yes, the bottom line is that wealth is transferred, but there is value...

thus trading is not gambling...

makes me want to setup something like that myself

mr Kamikaze's post is spot on. great post man. no, not all I-bank traders are flow traders. There are many types, including the structured (equity or fixed income) derivatives traders. that's the hot job to get in nowadays. these are not flow at all and involve lots of math and attact...