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Response to edit...Here are the links I can find on what I remember happening before. http://economictimes.indiatimes.com/markets/global-markets/US-stocks-sink-after-Indias-surprise-rate-hike/articleshow/5704322.cms Stocks extended losses "after the central bank of India made an...

I like your logic :D

Surprise Interest Rate hike... anyone? Bank of England did it, Reserve Bank of India, Bank of Israel ect. Got to fight inflation, and take excess liquidity out of the system somehow before people catch on.

Since its lunch, your post reminded me of the old adage about the analyst and the trader. Chime in if you got a copy of the original. Basically a cocky analyst and a big trader are talking. The cocky analyst shows the big trader a chart and says when price goes here the price will go up, and...

Well I don't endorse that at "all".

I trade

My trading floor is a collaborative environment. Not a guru chat big difference. We at the floor put the time in to improve our craft. We stay up late and get up early discuss and focus on trading well and exceeding each persons individual growth goals. I would appreciate not being compared to...

Trust me I am not a guru. Nor do I want to be as thats not what I am building. A guru seeker wouldn't fit in anyway with our culture as I like to engage people who think for them selves. Since you are a sponsor of ET I have nothing bad to say about puretick. Your posted track record is quite...

One more important item.. Arrogant pikers need not apply. We will show you the door. Its one thing to be a piker the group can work with that, and respect the journey since we have all been there before and will be again when the market changes and we have to readapt. Its a whole other thing...

Fair enough, good thing I didn't mention if it wasn't the weekend I was actually willing to let the p&l blink negative again. :eek:

Not that I really care to hear the answer, but since your calling me unprofessional you have my interest. The range for that day according to you was a 10 point day. I would like to know how you knew beforefore hand it was only going to be a 10 point day. Also how did you come to the assumption...

Just wanted to drop in and say hi to Rearden. Hope you are doing well buddy, and remember don't tap the aquarium to much ;) Take care

Thanks, glad you liked it. I am back from europe and it was just fantastic. I am back and ready to trade. The trading floor today did pretty well. I personally had a trade setup up I was pleased with from a day earlier come in quite nicely. I closed it today in ES for a 10 handle net per...

The website is not officially done yet, the room is functioning, but if you want a sneak peek its. www.thetradersfloor.com I am going to be out of the country to see the world premere of the sequel to Andrew Loyd Webbers Phantom of the Opera "Love never Dies" in London. When I get back mid...

What ever people are trading in the room. The floor "color" is dynamic. Right now we cover ES, NQ, CL, NG, Bonds, Volatile Stocks, some discussion of long term option positions, and some forex pairs as they seem to come in and out of producing trade opportunity. As people are added...

The vote is to weed out "detractors" to the groups cohesiveness. True, if they are not detracting from the environment they will most likely be allowed to stay, though I do encourage "Value added" participation to add "color" to the markets we trade and cover. Thanks again for your question.

Retaildaytrader, I like your constructive candor. So I will respond. 1. The good traders rise to top in all situations. A good trader in my opinion might not be in someone else's. For example some may think the trader with the highest net in one year regardless of risk is the better...

Rehoboth, I thought about this question a lot and after careful consideration decided to go with a model similar to the one used by the apple app store on my iphone. Price way below the market average and offer a good value, yet high enough to where its not worth it for detractors to...

DollarRich funny you mention this as.. I've got a chat room I have been working on off and on. I recently revisited the idea lately. I am still working out the details of the level of my participation. I should have an official relaunch of it when I get back from Europe in mid March. Its...

I would agreed with that. My point is that fundamental drive you mention shifts from one about "accumulation" for accumulations sake, to one about being driven to "create something" like Cutten mentioned.