Search results

By the time many people get their MBA's some 23 year-old kid is already trading for 2 years and has a high six-figure to low seven-figure comp. Personally, I think that an MBA is a waste of time for trading. MBA's are a dime a dozen. It's better to take the road less travelled. To me, a CFA is...

You'll have to give some idea of what your methodology is. For example, broadly speaking, are you a trend-follower, counter-trend trader, quantitatively oriented manager? These are pretty basic questions that you should be expected to answer if you want anyone to give you any capital. I don't...

I agree.

I respect your opinion and again I agree regarding the sales side. Probably need to have an MBA to be able to talk the bullshit to the clients. On the trading side, I'm fairly sure many managers couldn't care less about an MBA as long as the P/L, experience history is there. Junior guys may come...

Basically, I agree with you. Old line traders are much a thing of the past and becoming more so each day. The big senior traders are generally still of the old-guard (see: Ace Greenberg, et al.). As for Quants I agree, however, MBA has been more of an 'also-ran' as opposed to a pre-requisite. I...

Who said that an MBA or a degree from the best business school in the country is key? Maybe if you are talking about investment banking, certainly not trading. Traders fit into 2 camps now, Ph.D quants and street-smart tough fighters who come ready to bite the ass off a bear every day that they...

Is English your first language? I'm serious, just a question. Not trying to be insulting just curious. Thanks. Neal.

Is that because you can't read? You certainly can't spell very well! You walked right into that one! :-)

With all due respect, the deal hindges and is otherwise irrelevant without knowing how much the trader is able to lose before the plug is pulled. This is the entire essence of the deal and it makes the all the difference between a good deal or otherwise.

Don't listen to all the naysayers. As usual people that defeat themselves certainly will fail before they start. Small success story for you. I know a guy that had a real desire to become a trader (he runs a hedge fund now) and he had no connections into the trading world. This was back in the...

You have 4 days of Theta (Fri., Sat., Sun. Mon.) due to the Martin Luther King holiday. Also, Vol. dropped. That's the explanation.

First off, I did not call you an idiot. I said that you are making yourself look like an idiot. Secondly, if you think that you can rely on your brokers to get you funding for your strategy, obviously, you don't know anything about raising capital. Third, rest assured that before I committed any...

Nononesense, you are making yourself look like an idiot. He did not say that his other models return 100% per month like is 'top model' does. I think the guy is legit and I think some people are jealous and don't understand the life of an entrepreneur. I might be willing to help. PM me and let's...

Isn't the speed of trading and stability of the connectivity worth the extra $$$? ALso, how much are you talking about and who does that get paid to? Please advise. Thanks! Neal.

Anyone know what I'm talking about? Anyone have any experience writing directly to Island? Please advise. Thanks.

Just heard from Morgan Stanley that $5 Billion was bought. Piss poor performance of $/Yen for that much size. Sorry to keep talking my book but it's the truth.

Illiquid, You can F*ing say that again! Getting too old for this sh*t. Neal.

Don't blink, that fast!

Illiquid, how can you tell how much Yen was sold? It certainly looks like this intervention is having much more impact. My call is $/Yen @ 105 tommorrow afternoon, after this intervention fails miserably once again.

I'm in buying more YEn bigtime!