Search results

Bring back Grasso!

saying you have no, zero, none, emotional tension while trading real money....specially when size is on the line is absolute nonsense.......you are saying someone can be a robot, please, I have seen different aspects of life besides trading, pilots, surgeons, musicians, emotion always...

we all have issues.....but i would guess anyone with the balls to make 5mill in a day might have more or might be able to controll them more.......a great trader to be sure.

Ever read Lewis Borsellino's book, THE DAY TRADER? he talks about making $5mil on tues following the crash.....he said after he closed his positions he went into the john and puked his guts out..........and he made the $$.......he would have puked his guts out the other way too! can you...

Question....how many other prop shops have gone under? Broadway? Hartland? Lions group? Harbor? How is shonfeld and hold brothers doing? My point is give amateurs 10 or 20:1 margin....we all know 90% will fail? So can I assume in the end.....when the final chapter is written that 90%...

anyone see the big screen HP and Toshiba? heavy but im thinking of getting one.....any thoughts?

yeah....Is the difference of paper trading a 1, 20, 50 etc etc lot the same as real trading?

Here is a really dumb question: If I want to go laptop...which is the best? anyone using the 17" laps? HP and Toshiba make em.

I appreciate what you are saying...but I am talking about traders who operate on a different level. They have respect for and know how to leg into size......a loss on 200shares might tell them to go the other way with 1000sh.. Great treaders learn to interpret market action by how there...

I wonder if the current head of the SEC, blue blood Bill Donadson even knows what a "prop" shop is or what they do and have been doing......he'd probably say..."oh, you mean chop shop!"

Actually the key is position sizing.....also an area of interest to Tharp.....these great traders that I am talking about...they know how to leg in with greater size in the winners.....also the losers tell them something.....they are messingers, loss leaders, ammunition in the war.

SEC has bigger issues....they can't police huge scams like Enron.....what was that a $120billion scam? or odd-lott issues like worldco......

I understand most traders would do that....these did not.....the fact that they were able to pull the trigger so fast accounted for the 50-50 win loss rate.....the fact that they could identify a powerful trend EARLY....and PRESS it for the majority of the move made them their money. I AM NOT...

i should clarify...these are discretionary traders...not "system" just lightning fast and don't freeze up with losers.....

I don't think the good Doc trades.....which may be neither here nor there but I don't think I would take flying lessons from a guy who knows flying in theory but not in practice. Far as 50% winners are concerned, If you make twice on those winners as lose you are ahead of the game. As a...

check this out, only 1500-2500 trade thurs a day! http://www.securitiesindustry.com/midweek.cfm?article=927

Examine your personality carefully before proceeding with arbitration. I have been doing this for 20 years and have found I never really "won". The distraction was never really worth it, even in the big ones. Of course if you are the type to just "forget it" go right ahead!

Take the bust and "half jokingly" ask for $100 or whatever in free commish???

Huh? they just boosted the divedend, regular 28.25c plus additional 10c

next you will be telling us there is trouble at Enron.