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  1. H

    Buy a couple grand of Lehman and hold for two years?

    2 years???? You'll be lucky to still be solvent after 2 weeks.:D :D :D
  2. H

    compensation for trader at start up. 100MM aum

    If you read the OPs post, THEY came to HIM. So he is well within his right to ask for whatever the F he wants. i don't think that his guestimate is out of whack considering what he would be giving up to go work at a start-up. Doesn't matter that there are alot of BS traders out there...
  3. H

    compensation for trader at start up. 100MM aum

    yeah ur numbers seem about right. plenty of other issues to consider though. good luck.
  4. H

    compensation for trader at start up. 100MM aum

    Well, it all depends. Too many variables left unanswered. How many ways does the pie have to be split? Are you bringing significant intellectual capital to the fund? (trading systems) How much will you actually be responsible for? What is the fund fee structure? What are the start-up costs...
  5. H

    Not declaring yourself a professional when you really are

    Professional implies that one makes money doing something. So that disqualifies 3/4 of the traders here.:D :D :D :D
  6. H

    Worth buying a lifetime license of Ninja?

    i did not know that, thanks for the update.
  7. H

    Worth buying a lifetime license of Ninja?

    You can use the free version of Ninja as long as you like. You can actually trade live through the free version as well, the only diff between the free and the pay version is no bracket orders. So if you don't need brackets, no need to pay. If you do need brackets it is well worth the money.
  8. H

    Quick Question - Stop and Reverse Order

    Not sure about how to use TOS, but why not program the stop to execute 2x as much as the initial position? In other words: long 1 unit @ 55 sell 2 units @ 50 now your position is short 1 unit at 50. Is this what you are looking for?
  9. H

    Real estate deals

    As much as I hate over-regulation, the mortgage brokerage business should be regulated so that they can be held accountable. They should have to be bonded and liable for ommissions of fact or egregious lies used to obtain mortgages for clients. Fines than expulsion. Gets rid of the cheats and...
  10. H

    Prop firm or work on the floor

    The point everyone is trying to make is that if you have the ability to get a job trading ANYTHING, you take it. And learn. It is much easier to figure out what exactly you want to trade once you become a trader. Right now you are just a pissant (no offense) who has no leverage or say. If...
  11. H

    How to interrpret this 15 Min ES Candle

    Looks a bit like a flag pattern. Low risk entry near the bottom of the candle. I would have gone long there had I not already been long. :D The EMA is fine but more telling to me is the surge in volume. Remember: hindsight is 20/20.
  12. H

    Prop firm or work on the floor

    That is OC's point. Without knowing someone, you are virtually POWERLESS. Aggressive & driven guys are a dime a dozen.
  13. H

    Professional Traders

    You don't NEED to be on the floor if you lease a seat. The only time this makes sense if you don't plan on being on the floor is if you do high enough volume to the point where the cost of the monthly lease plus the reduced rate of commission is less than what a regular retail broker would...
  14. H

    SERIOUSLY need help with this career

    You should take a shower, comb your hair, and then try to marry HER.
  15. H

    Prop firm or work on the floor

    How bout this one: A bird in hand is worth 2 in the bush? And I don't even have one of them there fancy economics degrees!
  16. H

    Real estate deals

    My point was that 1) the house was over-valued to begin with 2) any "price drops" are completely arbitrary. More to the point-- that moron RE brokers are the ones making these decisions. As many have mentioned since my original post, real estate markets are VERY inefficient. As a trader and...
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    ES Blackbox with Real Money

    Wow that exit was tragic. Good entry though. keep up the good work.
  18. H

    Real estate deals

    I agree with this unless you can find something that is cash-flow positive as was mentioned above. One question now is whether or not the over-supply of houses for sale is going to expand the rental market and cause an over supply in rentals, which would then drive down both rental prices AND...
  19. H

    Real estate deals

    Perhaps these "deals" you speak of aren't really deals and that maybe current market value is over-inflated? Real estate "values" are based on what comparable homes are sold at, not what someone actually wants to pay for it. And worse yet is that these "values" are determined by bimbos with...
  20. H

    Evan Bayh is Obama's VP

    And Caine will help in Virginia. Virginia is more of a toss up and carries 2 more electoral votes. If he takes Biden he is finished. Biden is may be more to the left than Obama himself.
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