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    trading is LUCK ???

    As far as I know, there are thousands more people who make a living trading than there are people who make a living gambling at a casino (in fact, I don't know anyone who gambles for a living but quite a few extremely successful people who trade for a living). This fact should clearly define...
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    trading is LUCK ???

    Just as insider trading is banned by the securites regulators, card counting is banned by every casino in existence. Clearly, card counting gives you the edge but it is not really allowed now is it? Card counting can be seen as the "insider trading" of blackjack (when you count cards, you...
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    trading is LUCK ???

    I don't condone the anti-competitive actions of Bill Gates....I realize, however, that he is doing what he must do to survive (Darwin's Theory at it's best I guess). Bill Gates is in a position of great power and he wants to keep it that way for as long as possible. I don't blame him for...
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    trading is LUCK ???

    There is a distinction to be made between casino gamblers and traders. That is all I am saying. On any particular trade anything could possibly happen but do traders' P&Ls depend largely on on the outcome of a single trade? Sometimes....but in such cases we call it GAMBLING (especially when a...
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    trading is LUCK ???

    If you are gambling, no matter how good your money management skills are, you will likely go home broke.....I don't think the same is true with trading though. So it appears there IS a distinction between trading and gambling.....what a surprise:) Trading is not a rolling of the...
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    trading is LUCK ???

    Sometimes you have to be willing resort to sleazy practices to remain at the top of the food chain. That, unfortunately, seems to be a reality of life.....the moment you blink you find yourself being eaten up by the rest of the sleazy competitors who didn't blink.
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    trading is LUCK ???

    How long have you been trading for a living? I can't imagine you surviving in this business for very long with the gambling attitude. Clearly there is a difference between saving $50,000 to trade and taking that money to a casino. But actually, to you, there is no distinction is there...
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    First New York Securities Traders

    you must mean FNYS
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    What are the best prop firms in NYC

    Hey I interviewed with that guy. Isn't he the head of risk management at Shill?
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    How much do you REALLY LOSE trading?

    unless you are paid a salary while you learn.:cool:
  11. T

    trading is LUCK ???

    Please don't liken trading to gambling......Gambling cannot be considered a viable career whereas trading can be........thousands of people making a daily living trading and I know of not one person who does the same thing with gambling.....so the answer must be NO.....luck doesn't make you...
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    Prop Futures

    What hae you heard about these firms? What have you heard about GHCO? Does Tradlink and Matrix Trading pay a salary like GHCO supposedly does? Thanks
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    Heartland Securities Bankruptcy

    that link you gave is not working
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    WorldCo Poll

    Over time, I think the poll will become a better indication of the overall experience at WorldCo as more and more traders answer the poll.
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    WorldCo Poll

    Are you referring to the poll? Don't want to offend anybody. Since worldco employs like 800 traders (and actually many more have worked there over the years it has been around, I imagine) i thought a poll would give people insight on how many traders were happy there as opposed to the number...
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    WorldCo Poll

    Since there are so many people who have had experience at worldco, I think we can create a poll to get all the opinions on the firm
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    Any Millionaire Traders out there?

    If you made at least $1,000,000 last year, please stand up. Just Curious. (please don't say that nobody makes that kind of money in these market conditions.....that is total bullshit)
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    Who wants to short Yahoo with me?

    Rather than merge with Time Warner, AOL might have done better to make deals with many cable internet providers across the country where the cost of AOL and the cable internet connection together could be made more reasonable. No one I know who has a cable connection has AOL; no one I know who...
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    Who wants to short Yahoo with me?

    My bad. I meant to say "a company which offers cable internet access to a large part of the United States as part of its primary business" (Time Warner is a cable tv provider, primarily). This is important because then AOL could offer ALL its customers cable access at reasonable rates...
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    Who wants to short Yahoo with me?

    I would prefer to short AOL because it is clear to me that it will not survive amidst the ensuing cable-connection revolution. To be honest, when I had AOL about 8 years ago, the only feature I found useful was its messenger system. Now you can get the messenger software free (and if they...
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