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Maybe, in tough times that's what you have to do. When I say I was a liar, I mean to say that I didn't list my roller-coaster life story on my resume. When I used to, people used to question why I couldn't stick to anything. Obviously, I learned from my mistakes and got rid of what caused...

Don't believe the news. The people they show are always losers if you go dig up the dirt. There is ALWAYS a need for competent people. It's the dumb ones who have to worry. If you're convinced you are better than other people you know in one dimension or another, then you will be able to...

50k jobs are not hard to find for someone with an engineering degree from a good school. Problem is, 50k is not enough to make it in any major metropolitan area. Truth be told, I think people are not being truthful when they say the paper doesn't matter. School reputation + decent GPA is a...

I had a 4.0 going into this semester, but this semester will be my undoing.

Chit chat form, but here goes: Don't ever go to school and work full time at the same time. It's a disaster in the making. You take time off for school, great. Then you catch up with school and work, and it's a juggling act. There is not enough time in the day or enough energy. I've got...

I just write software, but I'm not exactly in IT. So I'm not designing GUIs and such. My screen name is lolatency because I'm one of those guys who sits there shaving off microseconds to make sure our systems trade as fast as possible. I do stuff like speed up algorithms, look for fixes in...

Haha, no. I'm a deadbeat. My time will come, but I have to slowly get back into a rhythm of sanity and hope life doesn't send any 2-sigma shocks while I rebuild my savings.

How to answer questions, what to change on the resume, the canned responses to questions, etc. It actually does not pay to be truthful on the resume. If you have to explain too many things, etc. Yet, you also have to be aware of what keywords to put. One thing I have going for me that...

One more thing: Don't go to a prop firm and -stay- there unless you see someone else making money and they've thrown a few crumbs your way on how to make money. I did this, lost $. Also, a lot of the successful traders there also went bust when NYSE switched to hybrid.

Your post was so depressing. I did the part-time jobs for trading, but it NEVER works out. It's just to exhausting and tiring. I tried taking contracts, delivering pizza, working retail, whatever. It just doesn't work. I finally gave up and tried to get a job on Wall St. I think best...

I think the rents thing is a lagging indicator. People get locked into leases for 1 or 2 years. So if the distribution of leases signed in the months is uniform-discreet, you have the probability of lease renewal happening being 1/12th. If 1/12th of all leases get adjusted/rotated, only...

I gave up on technical analysis after doing exactly what you did. It works in certain situations, but only when the indicator happens to mathematically model/collide/coincide with some underlying phenomenon. But the books leave out the true rationale behind why the indicators exist or when...

I told my landlord back in Aug I only wanted a 5month lease. I told him this because I thought I was gonna get laid off and because I thought the economy would go into the toilet. He said Dec and Jan are hard to rent, could I maybe stay till Feb 1st. I said fine, so I added an extra month to...

Well, their models were more or less correct. Didn't they suffer from the hedge fund's equivalent of a bank run, with forced liquidations? I guess their calculations were botched with respect to leverage.

I'm so tired of this non-sense about bonuses. They shouldn't even be called bonuses. If you're so pissed about it, you should have addressed this with your government before they gave money to AIG. If a guy in a specific group generates a profit for that specific group, AND he has a...

So you have no style that you're willing to admit and you have no answer for the question. You just wanted to try and see yourself sound wise and wasted three paragraphs on it. Ok. Next?

Stat arb? Technical indicators? News trading? Chart patterns? Risk arb? Momentum trading? Fast market making and spread extraction? I'm trying to get a feel for what the distribution is like out there for people who have profitable trading systems. I get the feeling most people in...

Sounds like me. I need to lie less, but I find the utility of telling fibs to so tremendous in day to day operation. I.e., I'm late on an assignment, I have an excuse. If I'm good about it 90% of the time, is a lie bad the last 10% of the time? How would you recommend I go about unwinding my...

Agreed. I think they'll take an axe to their price and head back down to $100 after the consumer spending disappoints everyone in Feb, after the holiday season numbers are computed. How much spending are people really going to do? GOOG does things that are not wise for a company -- their...

Nothing great. The phone's core software was written by the same guy who did the core software work for danger.com, the makers of the sidekick. It's the same old java environment and has some nice extensions. If Android survives, it's because the software base is open to the public...