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  1. M

    If you didnt make money today

    Go short GOOG when it starts to trend down. Stock is so insanely overvalued and the hype is so huge, that it is due for a meltdown. That is my piece of advice.....Plus, the market makers love wiping out the call options set at 390, 400 etc. I see this short term going down and longer term...
  2. M

    Another one hangs it up

    Yikes. If you can find inner well being in corporate life, then so be it. I have found it to be the most soul crushing, life altering, depressing place on earth. There is a reason why so many people want to be their own boss, own a business or do something on their own. Sure, some of the...
  3. M

    To the Board; Please help...I appreciate your answers.

    In 5 years, the buyside is going to be mostly done by algorithms. It is coming, trust me. That leaves portfolio rebalancing as an option like for WRAP programs. Talk about drudgery. You are not involved in the markets and you just go thru and rebalance the portfolios all day long. It is enough...
  4. M

    To the Board; Please help...I appreciate your answers.

    I know there are some highly intelligent people here so here goes: I was a buyside trader for alot of years and was recently squeezed out. I never made the money I thought I deserved since it was salary. The owners got megarich, but not me and the environment there turned ugly since they...
  5. M

    Need advice on setting up....Please help.

    I am going to go take the RIA exam again and want to manage people's money.. Questions: 1) Is it smart to incorporate? If yes, in Nevada ok? I live in CA. 2) Are there places that will take an RIA who is just starting out on his own independently? 3) Is it true you can have 15 accounts...
  6. M

    Another one hangs it up

    Here they could care less about you. I just think if you have the right money management skills and know how to trade, you might as well do it for yourself and make yourself money. I was restricted on my personal trading at my company so I missed out. I made them $23,000,000 last year and was...
  7. M

    Another one hangs it up

    Having a job isn't as wonderful as one might think.. The endless politics, the abuse, the backstabbing, the manipulations, the lack of appreciation. I have been there and done that. I want to stay independent and trade my own account for awhile and maybe add some others to manage. I was on the...
  8. M

    If you work for someone, can you be held liable?

    What I meant by error was this: A trading error...or error in judgment related to trading..
  9. M

    If you work for someone, can you be held liable?

    For an error? Just curious.....this came up and I honestly don't know the answer.
  10. M

    Taking a break, Vacation, or just some time off. Do you take quality time off from

    Best thing you can do is take time for yourself and your family once in awhile. I think if you are a trader at home, set a goal for how much you want to make in a week, if you hit it, take some time off until the following week or slow down some. Odds are you will give some of the profit...
  11. M

    Downsized out of Buyside....any suggestions?

    I know there are some smart guys here....so definitely will take your advice seriously. Thanks
  12. M

    Who will sponsor you for Series 7?

    I had one at one time but it lapsed since I left the retail side. Is there anyone that will sponsor someone? thanks
  13. M

    Downsized out of Buyside....any suggestions?

    I had a long career with a company and was pushed out. They are bringing in new blood with algorithms. Really hurts. Does anyone have any suggestions for where to go next? Seems like the buyside is dying with these new computer programs. I can trade my own account for awhile so am not...
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