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I'll contribute, count me in.

Sounds good to me.

I would also like to add that if you have some kind of audited or verified track record of your performance after you dropped out of school, firms would hire you. If you don't, imo you made a bad decision to drop out with only one year of school left and not build a track record with your future...

I'm an engineer, and I'll admit that having a degree doesn't equate at all to trading talent. However, a degree in financial engineering, compsci, etc, is probably a sought after foundation for taking a quantitative/automated trading approach to the business. The thing is, there are probably...

From my understanding, Chimera is a churn-and-burn prop shop and FNYS is more respected by the guys on this site. Hope that answers the question. You could always get someone to do the other interview for you though... JK! Props for getting both interviews though :).

Take the short seller, since that can significantly reduce risk when added to a long-only portfolio.

im doing it, CS is not my primary background though so I'm having a hard time getting started. I know Matlab but I'm having trouble getting the ActiveX to work and there's not many resources on it anyways.

Not a terrible choice to accumulate here, I would definitely want to watch how it performs at around 34 and 40. The entire solar group appears to be almost unstoppable. Personally I would either build an initial position here or around 50 if it gets there.

$360k worth of Etrade? How much of your capital is that

These are great trades, may I ask what is your general method and how long you have been trading?

your examples suffer from heuristic bias. more specifically, the law of small numbers. for every exhibit of dementia you bring up, there are at least ten famous people who are normal. you only remember the people who are demented. it doesn't help the media blows it way out of proportion...

i think the consensus is a great trader needs to have psychology and edge, one that he discovered through hours of screen time. after all, if a great trader was stuck with a crappy edge trying to squeeze money out of a rock, he really wouldn't be that great of a trader if he didn't realize...

Even great strategies will have an inevitable string of drawdowns that mess with the trader's head. Is the strategy broken or just drawdowns? Either case, it affects your confidence. Good traders know the difference and will have allocated so little % of their total equity that they will...

I'd suggest some deep OTM puts, probably on the DIA. Otherwise if you are unsure about the direction of the price move, I would recommend a long strangle.

What a momo, trading an illiquid stock is a trading decision and therefore is no excuse.

I have tremendous respect for Jim Rogers.

wah wah wah wah wah, wah wah wah

Stay in bed, drink fluids, eat a multivitamin. Chicken noodle soup is the holy grail.

Sometimes it depends on what your edge is fit for. Sometimes the edge is time-independent, ie. trend-following. Edges can work just for overnight setups, or maybe it is based on an inefficiency in the intraday timeframe (ie. some big player steps in with buy orders at 3:30 pm every day, you...

prophet?