Search results

For such few fills, you can just create a spreadsheet. I will try to post a recent analysis from the office tomorrow, so you can have an idea of what I look at for scalpers. I would caution you against trying to scalp and analyze every trade at the same time. Scalping requires a flow and you...

I agree with you. Treating trading as anything less than a real business will lead to road blocks. That pretty much goes for any pursuit. I think your comments are accurate. I was hoping this thread won't turn into a flame war as many others have.

Your comments in this thread, Steve, are certainly accurate in most ways for those who intend to pursue trading as a career. However, I would caution against making blanket statements about what others are doing and whether or not they qualify as traders. I say this more toward the fact that you...

Steve, Can you give us a little background? Your opinions are quite strong and your experiences may be different than others. It would be good to have some background to put your point into perspective.

No. That would be the opposite of what I said earlier. I'm saying he is better off getting some experience in his chosen field of study (assuming he had the grades and has a great offer) before he pursues trading. The skills gained through a corporate environment are easily transferable to...

A 10 yr engineering professional or any advanced-degree professional does not fit the recruitment or business plan. There are many reasons for this and is outside of the scope of this thread. The main reasons are agility, speed of perception, ability to pull the trigger and take a risk without...

Thanks. I just order one to try out. I got it from Page Computer. I also dropped some question to Moview to see if additional parts can be added later to the same stand. I appreciate your input and all the photos. The stand looks perfect for your desk.

Sorry about the trouble. Can you take a picture of the top of the vertical tube looking down. I have a 5th monitor on my setup that I think they have a center mount for (I know I'm getting carried away with this one :) ). Thanks. PS: If it is a hassle, forget about it.

These are valid points, volente. If he plans to get married and have kids in 3 years, it would make sense to get the trading bug out now. However, if he takes the engineering job and then fails at trading after leaving that job, then he has the skill from his first job and the humbling...

There is no stat that is accurate I believe. However, I know that a majority fail. You happen to be in an environment where the majority in that shop are doing well. You have to realize that there are a huge number of traders out there and the ones with the best chance are in a corporate...

Yeah. I see that the center line of the monitors doesn't line up with the pole. It looks great though. How long is the pole and how much did it cost delivered? Also, is it possible to add to this (is it modular)?

The issue is clutter and space. Currently the whole setup fits on standard 60" office desks. We had to move into a smaller office at the clearing firm and I'm looking for ways to tidy up the look, make it more ergonomic and less cluttered on each trader's desk. Unfortunately, I don't have the...

I didn't take offense to your statement. I am just merely stating a contrasting view. By definition, the majority of traders have to lose in order for the minority to win. That is just the way it is. Otherwise, there will be no money to be made. Some of these traders lose their own money as...

That is a very strong opinion and bold statement. One thing one must accept as a trader is that it is close to impossible to know everything well enough to make judgement on it. Hence, daytrading might be a heck of a lot more profitable than swing trading at times and vice versa. I trade full...

The problem, T, is that I'm trying to conserve space by creating a stacked configuration like the one that comes with the quad stands. Right now, the monitors sit in a single row next to each other and span about 7 ft across from end to end. I'm watching traders turning their heads side to side...

Let me know how they work out. The important things are how stable it is and how adjustable will it be for your needs.

Several threads discuss Ergotron's quad LCD monitor stands. I have had these priced out and have squeezed to get the lowest price possible. Unfortunately, I find them to expensive even to buy in bulk. I'm looking to replace the current setups for each of my traders with Quad stands. It is more...

Like I said, I don't know of a prop shop in Chicago that offers a salary. This might have changed in the last year. They all offer draws. There is a big difference. A salary is compensation for services rendered. A draw is a loan against future earnings. You need to make sure you read the fine...

I started out as an engineer out of college and then went into full time trading later on. I have both experiences. My best advice to you is to start in your field of study first. Establish experience working in a corporate environment and treat trading as a hobby that you do with a small...

Interesting.... now you are speaking for some collective. "I" was replaced with "we". And "my" with "our". At least you read my reply carefully enough this time to feel that you need backup. I believe the other posters here are correct in their opinion that I should learn to better filter...