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  1. M

    How do you swear when you are doing badly?

    Holy Smokes! Batman! one of th great things about working in London as a trader is that within a week you'll have learnt to swear in about 20 different languages. Ta mere une put!
  2. M

    Do you yell and scream at the computer if you do a bad trade?

    one of the things I like about trading is that it teaches you to be calm, no? some people just sit there and blame the flippers, and it just goes offside, offside, more offside and they just keep on cussing. I think the worst thing you can do is have a target person that you always blame...
  3. M

    Biggest amount of money won/lost at a prop firm your ever saw

    seen a few guys make 100k on bunds in one good trade. seen a guy routinely let money market positions go offside by 500k and still not cut it. seen a whole hedge fund close because of a DJ US versus DJ Eurostoxx spread that went way way way way offside. don't know the losses, but it...
  4. M

    ghco...yes or no?

    fair enough. but for a company to last and do well they must be doing something right. call to mind all the prop shops that go bust in the first few years before you critiscise anybody whos been in business since the 80s. where can you get 0.54 a roundie? that's pretty amazing. it's 20 cents...
  5. M

    ghco...yes or no?

    yeah, sorry I wasn't fully clear about that. I'm talking about day traders. they weren't stabbing the market constantly looking for a tick or two. the high volume came from the fact that they worked their positions hard. a lot of the volume was accounted for by constantly altering the size...
  6. M

    ghco...yes or no?

    from my experience the best traders are the most aggressive ones and profit is directly correlated to volume.
  7. M

    Kinematics, Calculus, and other higher maths

    I've done a C++ program that records all trades (actual fills not orders) at all prices. it then prints the volumes out across the prices as a normal distribution curve at the end of the week. the idea is that the market always regresses to the mean (fair value, the area of highest volume). if...
  8. M

    ghco...yes or no?

    they do encourage you to trade like a maniac. just out of curiosity, HOW ELSE ARE YOU GOING TO LEARN? they want you to trade spreads (so do most places), but everybody does what suits them.
  9. M

    ghco...yes or no?

    1. is this at the London office? 2. the bonus is "discretionary" but in the past it was usually: basic+bonus = (profit-desk fees-commissions) x 30 or 40% 3. they have the best trader support I've ever seen anywhere 4. the people were always very nice and strangely good looking 5...
  10. M

    Anthony Robbins - Neurolinguistic Programming (NLP)

    hey whatever turns you on.
  11. M

    Anthony Robbins - Neurolinguistic Programming (NLP)

    if, like me, you can't stand Robbins with his cheesy grin and truisms, you might want to delve into the more academic side of hypnosis and NLP. check out Milton Erickson, Bandler and Grinder who are recognised therapists as opposed to "professional communicators" as Robbins calls himself. I find...
  12. M

    Any one trade bund outright?

    everybody goes home at 4pm London time/5pm Frankfurt time/11am NY time.
  13. M

    Anthony Robbins - Neurolinguistic Programming (NLP)

    I haven't used Robbins' programs but I have used the original Bandler and Grinder hypnosis techniques and it was really good for discipline. I always take my stop and never prematurely take profit now, it's no good for anything else, but you can kick your bad habits very fast through NLP or...
  14. M

    Any one trade bund outright?

    I have 10 lots on bund but they've only given me 4 lots on ten year so I have to use 4 lots only on bund to even it out if I'm doing bund in the morning and 10 year in afternoon. normally around the 100 ticks a week mark on a 4 lot. (about 25 ticks a week per contract, sometimes you get a good...
  15. M

    Any one trade bund outright?

    try this simple recipe: 1. look at the trend on a 15min chart or point and figure. 2. use a 1min stochastic to get in on retracements - enter when the lines cross in the 20% or 80% zone (80% zone in a downtrend, 20% zone in an uptrend) 3. 4 tick stop 4. 8 tick exit 5. when its on by 4...
  16. M

    Phone interview with SIG

    what did they ask you? was it for the Dublin office?
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