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    Deutsche bank fixed income traders brace for job losses

    Deutsche issues note offering small hope to its paranoid fixed income traders by Sarah Butcher April 2014 Deutsche Bank’s fixed income currencies and commodities (FICC) professionals are living in fear. Sometime soon, several hundred of their number will be asked to leave their desks at...
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    FX trader ran ponzi scheme and blew it all in nightclubs

    Apr 24, 2014 00:13 A young trader used investors’ cash as his ‘personal piggy-bank’ and blew more than £500,000 in exclusive nightclubs, a court heard yesterday. The Daily Mirror reports that financial wizard Alex Hope, 25, allegedly masterminded a £5.6m Ponzi fraud to fund his...
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    SCTlearning from scratch

    Hope Jack gets well soon.
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    US$1 million is not enough for retirement

    2 ES points is considered to be the standard average among professionals here on ET. So you are well below the average.:D
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    What is your typical timeline to exit a position?

    No timeline for exit. If I am in a position, I hold until I break or the market breaks.
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    US$1 million is not enough for retirement

    Why even $1M may not be enough for retirement 6:56 p.m. EDT April 22, 2014 You've been saving like a miser to get ready for retirement. You've pinched pennies, kept that last car for what seems like an eternity. And now you've banked a cool $1 million for your retirement years. Think...
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    Working on Wall Street is 'a dystopian nightmare': Kevin Roose

    Those people he interviewed are even lucky they have jobs.
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    Barclays could cut 7,500 jobs across FICC trading desks

    Barclays May Cut 7,500 at Investment Bank, Bernstein Says By Ambereen Choudhury Apr 23, 2014 4:17 AM GMT-0400 Barclays Plc (BARC), the U.K.’s second-largest bank by assets, could eliminate 7,500 jobs at its investment bank to improve returns at its securities unit, according to a report by...
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    Topsteptrader

    Not bad. So how is it going this year? You averaging more than 1 point per contract a day so far?
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    Moving in with parents becomes more common for the middle-aged

    What to do? Shit happens. Even for those who are doing well now, anything can happen to you.
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    Came for knowledge, left feeling "dumber"

    That means you are on the road to recovery. You should dumb down even more and trade what you see and switch off the thinking cap. This is the 1st step. Mkt up, buy. Mkt down, sell. Nothing happens, smoke weed and watch porn.
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    BMT Elite Membership

    AMP did not pay "protection money" aka advertising income to BigMike. So they got hammered. If they did, like Mirus, Big Mike would simply have deleted any unfavorable post.
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    Jay Carney decorates his kitchen with Soviet propaganda posters

    That's where I want to send Obama after his term ends.
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    Jay Carney decorates his kitchen with Soviet propaganda posters

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    More Men in Prime Working Ages Don't Have Jobs

    Why be middle class when you can become the rich class?
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    how to get short-term capital like $20M for 1 month?

    The only way is a big time loanshark/mafiosi/Colombian drug cartel. Be prepared to pay very high interest. Do you need introductions?
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    White House rolls out red carpet for French socialist economist

    French economist Thomas Piketty warns that modern-day capitalism leads to unsustainable levels of inequality. While he is often linked to France's Socialist Party, his writings have made him unusually popular in the US. Thomas Piketty’s “Capital in the Twenty-First Century” has only...
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    Today France, tomorrow the U.S.

    Trading is a dying industry. Thanks, Obama!
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    ES Journal - 2014

    think Europe is still on holiday too.
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    ES Journal - 2014

    looks very sleepy...Should we trade?:mad:
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