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  1. M

    China revaluation imminent?

    what type of paranoid chicken little talk is that. are you sure you are a trader? just cuz we aren't #1 doesnt mean we are last place and die like a starving homeless person. britain aint #1 anymore and they seem to be doing just fine. same with spain, france and germany. the USA is the #1...
  2. M

    Forex scalping

    so would you say a $100K lot in FX is equivalent to trading 1K lots in stocks? what are the execution fees like? for example, 0.5 cent rates for 1K shares of stock is like $10 for a round trip and then like a buck for SEC fees. thanks for the explanation. i think a quicker explanation...
  3. M

    Uunocal

    congress is busy working this summer on blocking the UCL bid instead of taking recess. too bad they don't even show 1% of the same effort towards fixing social security or reforming health care.
  4. M

    Forex scalping

    and what is a "pip"? sorry but im a NYSE scalper so im a total noob when it comes to FX.
  5. M

    China revaluation imminent?

    they did not miss this jewel. their finance ministers realize and agree that the floatation of the yuan will help out china in the long run. switching a pegged closed currency system that is used by one of the largest economies in the world and over 1 billion people to a free floating system...
  6. M

    SCALPER Mentors, Maybe you are interested?

    i agree with that point. you should try to pick a scalping mentor who makes at least $100K per year. you should ask for a tax return or some sort of proof of their profits. you can make alot more money off managing a group of traders than trading alone. however, to start a group you need...
  7. M

    Forex scalping

    what is a reasonable average daily profit from FX scalping after doing it for 6-12 months?
  8. M

    China revaluation imminent?

    it was an example but the cost of goods versus the retail price is indeed very high. remember those pokemon keychains with the poke ball and the pokemon inside that were all the rage 7-8 years ago? i know the ppl who helped manufacture them and the factory billed the US company 7-8 cents...
  9. M

    bullets for LU

    maybe he meant to ask this 5 years ago.
  10. M

    China revaluation imminent?

    you are wrong and so is 75% of congress that thinks a yuan revaluation will be a magic bullet for fixing our economy. alan greenspan and john snow have said it will not do anything significant for our economy. are you going to believe them or some dumbass senator from kentucky or the fed reserve...
  11. M

    What website do you feel helps you most in your trading

    how much does www.streetaccount.com cost per month? is it alot better than briefing.com? thanks.
  12. M

    Last S7 question I have....

    the options related questions should be the easiest part on the exam. they are basic math questions essentially. then again i was a finance major so maybe i was biased. the hardest questions for my fellow finance majors were the regulatory questions because they are straight up memorization...
  13. M

    Prop Trading Firm

    hold bros should not ask anything too technical like brain teasers or finance questions. everyone will definitely ask why you want to daytrade. hold bros is a reputable firm but i cannot comment on any training they might offer. if you know anyone who is trading, i suggest going to that firm...
  14. M

    We Should have sold China ENRON when we had the chance :D

    they wouldnt have fallen for the Enron trick since they would have examined their financial statements and noticed the few billion missing here and the few billion missing there. the biggest losers and suckers were the enron employees who made the mistake of investing most if not 100% of...
  15. M

    Prop Trading Firm

    most firms require that you front up some money now. this aint the golden years like during the internet boom. if they dont ask for money, they are probably going to sweatshop you with high fees and commissions. first new york doesnt ask for money and they pay a salary but they are hard to get...
  16. M

    Briefing.com -Worth the Fees

    that CTTY trade was insane. unfortunately i dont have briefing.com but if i did, that would have been 10+ points in the bank. i mean it was a $6 stock. even if you bought 100 shares, you could hold it to bankruptcy and still only lose $600. anyways, all the different news providers have their...
  17. M

    Keyboards for Trading

    wow this thing is the coolest keyboard i have ever seen! i have my doubts about how accurate it performs however.
  18. M

    Keyboards for Trading

    Anyone have any recommendations for trading keyboards? I thought about getting an Alienware gaming keyboard since it has more buttons but the keyboard layout doesnt seem much different than a conventional keyboard. If there was a store that could customize keyboards, that would be awesome...
  19. M

    Har

    i never trade HAR anymore after i got jacked for $1K a few months ago when their 1Q earnings came out. i tried to bounce an 8-point drop (on the second cleanup mind you) with 700 shares off ECN's and then I marketed out 200 shares right away in case there was only 1 retracement print. the...
  20. M

    Investment Bank career advice

    what are the other benefits of working in operations then?
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