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    why do funds perform so poorly?

    It's called dumb money.
  2. H

    More Bidders for REFCo

    Goldman Sachs does not break the rules, GS makes the rules. Welcome to Wall Street.
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    The Guy from RealTimeFutures is AMAZING!

    You mean the guy from Fade the news. The one that you cannot even understand what stock ticker he is saying half the time.
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    Shorted RFX... Hmm.. Now what?

    You made at least 10k dude, nice job.
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    Easy to find a job in nyc ?

    Once again, people do not know what they are talking about. You can get more than 1:10 without the licensing at min 2 firms in NYC. The groups under those firms have capital up to get the BP, it worked the same way in the licensed groups. The days of Series 7 & Series 55 equaling anything...
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    HLV Trading

    No you're just a loser, period. That much is obvious from your posts. You do not even have a clue of what is like to be truly ripped off by a prop firm or a shady LLC so stop crying. Omni Pro is solid, it is the only software in the NYC prop industry that trades equities options and futures...
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    Time to profitability

    More like delusion.
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    Salomon Brothers Trading

    Not really but it is a safer bet rather than SIG. If Susquehanna has a salary and you get the position, then it's just your choice of conservative vs aggressive. Sounds like you really impressed someone at Citi, great job. Yes they are not on the level of Morgan Stanley, GS, Merrill but...
  9. H

    Dow 40K?

    The baby boomer wealth is inherited by their Generation X kin. You know how savy those are, hehe. Another bubble can be started.
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    REFCO bankruptcy before Bankruptcy law date?

    Exactly. I never said it was fair, far from it. The corporate executive system in public companies is very corrupt and getting worse with time. But nothing gets done about it so if you're a shareholder or employee, well that's the game unless you want to step up and push for reforms. Don't...
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    REFCO bankruptcy before Bankruptcy law date?

    I meant they are paying these execs & CEOs millions of dollars and I assume that if you are gonna pay such high compensation that you would expect the CEO would be making sure that this type fraud would not be happening. Refco is a severe case, yet it does not change the fact that this guy was...
  12. H

    REFCO bankruptcy before Bankruptcy law date?

    No the firm fully deserves what it gets. The firm chose or allowed this CEO to be in place and now they pay the price. Shareholders and employees need to get on top of these execs and this is the only way they are going to learn. WTF are they paying them millions of dollars for?
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    REFCO bankruptcy before Bankruptcy law date?

    It's not shallow at all. What is shallow is customers & shareholders not putting more pressure on executives to take full responsibility and finally take some flack for their insane compensation packages. This guy might have just killed a firm, yet corporate corruption is at its highs along...
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    PFE Ballistic on news

    LOL, sure but I'll have to scalp you. I figured you shorted pre market, but wanted to see if you were just BSing for attention. Shorting 13k of even a thick stock like is a playa move.
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    PFE Ballistic on news

    How did you get filled?
  16. H

    It seems that many people are losing money

    Funny, but actually some guy was on today on CNBC discussing it being a bear market so it is doubtful that there is much more room to the downside as the legal Pump & Dump crew starts pushing the bear idea near the intermediate lows. Next 6 weeks are seasonally the busiest trading times of...
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    Energy

    Ethanol is heavily subsidized, you should look up how much it really costs. They plan to use lower grade corn and grain with newer technologies but regardless, the environmental cost to our already nutrient depleted soil is too great. Most car use can easily be satisified by fully electric...
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    Need Advice on career change into trading

    It's interesting to see the "rah rah rah, keep going at it no matter what, quitting is for losers, the opportunities outside of trading US markets are BS" mentality being preached. This type of mentality is what I recently observed in guys that keep on trading, adapting & struggling as the turn...
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    Need Advice on career change into trading

    Your concept of success is not everyone's concept of success, people are at different points in their lives and seek out different goals. Some just want to move on seeking the smarter opportunity & potential while some want to pursue their passion & interest no matter the challenges. Success...
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    Am i getting the best deal out there

    It's a Genesis deal, come on people. Even if it's not, I've seen it before. He is going through a LLC who put up most of the money to get him that BP. It was advertised months ago.
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