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April 21, 2014, 8:45 a.m. EDT Barclays to exit most commodities trading LONDON-- Barclays PLC is to sell or exit most of its commodities businesses as part of an effort to shrink its investment bank and improve returns. Exiting commodities has been seen by analysts as a likely outcome of...

I am not sure who you are trying to convince.

Wow, more than half a century of trading experience.

By ROB COPELAND CONNECT Updated April 15, 2014 9:16 p.m. ET RBC to Close Proprietary-Trading Desk Royal Bank of Canada is planning to close one of the last proprietary-trading desks on Wall Street, another win for regulators that have pushed banks to cut back on making big bets with their...

"Follow your dreams, don't be surprised if you do not make it, most people don't."

But what has happened to the majority of these market wizards now?

I think Confucius did not understand the concept of being broke.

3 months? Try 5 years. Anyway people want to transition out of trading, you want to transition into trading?:eek:

Vic should sue if it is not true. Will baron reveal the OP's IP if given a court order?

I already told you to trade CL.

Hopefully they can get the 2 supertraders together. The Karen & Donna Show.

Better to leverage and max it all out when you are young. No guts, no glory. If you make it, hooray. If you don't, well, you are in the same position at 50 anyway.

Maybe he's getting what he wants. To go out in a blaze of glory. However, if a guy who has a statistics degree and PHD from Harvard/UChicago and a finance professor at Berkeley can't hack it, what hope is there for the retail trader trying to calculate "positive expectancy" and all kinds of...

For some men, the job market has passed them by. After high school, Joseph Maloney, 51 years old, followed the men in his family to work on Chicago's trading floors. For nearly three decades, he worked in back-office operations for commodity firms. As trading moved from open pits to computer...

The 3 generations thing is interesting. In the UK, I think there is a saying that goes "from clogs to clogs in three generations." I remembered when I visited my Chinese friend in college and was talking to his family when his dad said there was an ancient Chinese idiom,"Wealth does not pass 3...

Are you serious?:eek: Well Known Hedge Fundie Helm Holtz will surely have told us this if it was true.

I hope this young punk reads ET. He can probably improve his returns by learning how to draw a straight line.

You are too modest, Cornix. All you have to do is to apply what you taught NoDoji about trendline breakouts to Crude instead of Forex and your wife will stop yelling at you. :D

That's a revelation. I chanced upon his website and you think he was pulling in 2-3k everyday by reading his trading blotter. At least he's really honest. I browsed through his site and he mentioned he has a day job as well, so I guess it's just side income?

Who stalked you? Is it that woman in the video?