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  1. 8

    Jokes

    Not sure if this ones been posted or not but here goes. A priest and a rabbi are fishing in a boat. The sun is shinning, they're catching lots of fish. everything is just perfect. Rabbi: This is the best day imaginable. I couldn't ask God for a more perfect day priest: Well its almost...
  2. 8

    Observations on the NYSE specialist.

    I'd like to shares an experience with the ge specialist. I'm on the bid with 5000 shares. 25000 shares cross my price by 2 cents on the book. I get filled 700 shares out of the 25000. The rest get filled at the offer price. the shares on the offer price remain unchanged. The stock...
  3. 8

    What's the dumbest thing you've done?

    Got wrapped up in the fed meeting on wednesday. Saw a huge crossed mrk in XOM. took 8000 shares and offered out. Ths nyse dot dropped 30 cents, filled me 15 cents lower. Ah yes the standard 10:30 wednesday oil number, how soon we forget.
  4. 8

    Super Newbie

    Eazy, Before you go out and decide to become a trader, find out what they actually do. All my life I wanted to be a trader(or maybe it was just after the time the movie wall st. came out) anyway, I thought that was what stock brokers did, which sounds like what you're going into. The...
  5. 8

    SwiftTrade Campus

    "CAN YOU SPELL MILINIEUM." you mean MILLENNIUM? LOL Ironically, NYFIX is much easier to spell. I know because I had to go to NYFIX.com to get the correct spelling for millennium. :p Also, I wouldn't say we can all do it. I have three different strategies for nyfix but no one will tell me...
  6. 8

    Observations on the NYSE specialist.

    HA! You guys think these nyse specialists are so bad? (I did have an order filled over 3 minutes later on Friday, but it was next print) Try the amex or midwest guys, they're hilarious. I punched one for 2000 shares the other day, the stock went up 15cents during a futures rip, I hit the cancel...
  7. 8

    Why not share your winning strategy?

    Very simple. Lets say you have a winning strategy. You pass it on to 3 people. they pass it on to 3 people, who also pass it on to 3 people etc. Technical indicators become self fulfilling prophecies. traders take advantage by making the currency hit trigger points, strategy becomes less...
  8. 8

    Suggestions for Keeping Calm and Relaxed

    I'd Scream and yell at lokman for taking to many shares again and driving down the price of the stock. After all that yelling you'll feel like a beer and a long nap!
  9. 8

    Where does everyone live/trade and how old.

    everyone knows: "You're only as old as the women you feel" I'm 27 today, but I'll be 23 over the weekend.
  10. 8

    average profit goal for high volume traders?

    Heres a goal to go for. Forget pennies, forget shares traded forget avg size of winners. focus on % trading capital utilized. A professional trader should be able to make 1% of his trading capital per day. (not to be confused with margin allowed) e.g. 1000 shares of apple = $75, 000 us...
  11. 8

    The difference between winners and losers

    The difference between winners and losers is very simple: WINNERS HAVE A STRATEGY! PERIOD. (p.s. if you're willing to trade an unprofitable strategy, you are a whole different class of loser)
  12. 8

    The Cramer Effect

    slammed chk today when he said natual gas. specialist didn't fill, stock ran up like 30 cents. next time I'll do all auto ex.
  13. 8

    What's the best indicator?

    The Best indicator out of all of them comes form the Merc. essentially throughout the day there will be sirens and bells going off. To use the indicators properly, follow these rules precisely: 1. Buy on Bell 2. Sell on Siren
  14. 8

    Is trading Gambling or not .."What say You" Vote here.

    of course its gambling! everything is a gamble, just with different odds. Going to work everyday and earning that safe paycheck at the end of the week is still a gamble. Just ask the former employees of ENRON
  15. 8

    What's the dumbest thing you've done?

    reply to: Back in 2001, as a newly minted CTA, I made my first trade in the Schindler Trading Program. It was an exciting day for me and I wanted very badly to make my first couple of investors some money and to start what I hoped would be a profitable track record. My systematic strategy had...
  16. 8

    What's the dumbest thing you've done?

    Misery loves company I've always said. So lets all hear the dumbest thing you've ever done while trading. Amateurs and professionals alike do every day. Like the guy a couple months back who pressed the million sell key on INTC by accident. Or the guy who sold more shares than there were on...
  17. 8

    Words of Wisdom

    If you don't have: 1. Entry 2. Exit 3. Catalyst You don't have a trade, you only have hope.
  18. 8

    Words of Wisdom

    There are 3 types of traders in this world: 1. Those who watch things happen, 2. Those who make things happen, 3. And those who say "WHAT THE $&%# JUST HAPPENED?"
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