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I am still ploughing through the journals, but I understand that spyder decided that ranking the stocks into 3 lists was not necessary. He took the 100 or so stocks and then culled them directly, as this gave more trade candidates. So maybe you don't have to create the three lists at all. Suss

Can I ask how other people do their culling and sorting? I have read most of the threads and I use stocktables.com to get the initial list of approx 100 and my trading software can generate average volumes and the like. For getting rank and estimating DU I currently use the Wealth-Lab scripts...

If you are hired to do cash equity sales at GS then that's what you will do. You will sit and read research, work out your spiel, pick up the phone and sell that research to institutional clients, every day. You won't be doing any prop trading and you are likely to have some limitations put on...

They are VERY visible in society. Where I lived in Osaka there was a building with a yakuza group crest and name on the front door. It was their "office", simple as that. Do Mafia families in NY have official offices with "Corleone Syndicate" emblazoned on the door? They're like lice in many...

I see what you're saying. However, the research stacks up pretty well: all the GDP, productivity, wealth, etc. is *not* making people happier. If it isn't, what's the point in the higher GDP? Indeed, if generating that higher GDP costs time and money, one might be happier with *lower* GDP. I...

There's a lot research out there on the the hedonic treadmill, hedonic adaptation and so on. The field is still fairly new so the consensus is in flux but most people believe that individuals have a certain "set point" of happiness and that very little will change that set point. You get a big...

These figures are good but (a) as you are trading a very small amount you have not run into liquidity problems that could hit once you get more money and (b) you do not say which market you made the money in. Making money in, say, the dot.com bubble was easy - and the same goes for Chinese...

If you want a fast HDD system, put together 2 drives in a RAID config. Ideally, use 4 drives so that you can use RAID0+1 or whatever it's called - striped and mirrored. That will be both faster and safer than one big drive. Areca make fast RAID cards. Mine works well with 4 x 250gb drives...

Yeah, but overall comp at an IB is going to be a lot better than the 100k he mentioned (if I understand him correctly). A solid execution or sales trader should easily be making 500-1000k pa. Suss

And minimum wages are going up in China too :-) Spread the wealth! Suss

If you can grow your $100k account at 50% a year you would make $1m in less than 7 years. :) And if you can't make that kind of return with a very small fund that has none of the reporting or liquidity issues that would affect a larger fund you probably don't have a system that works well...

I don't know what kind of person he was, but a life spent with books can't have been all bad. Got a lot of time for people "read" as well as "do". And a 10k library... Class. Suss

Windows Powerpro: run scripts, launch programs, create toolbars, make and display timers, define hotkeys, schedule actions - pretty much anything you can think of, it can do and you don't have to be a programmer to do it. And it's free. I've been a satisfied user for a decade...

No. I know many traders and the IT skills of most of them are pretty poor. Our development team does just that - develops the applications that the traders need. I guess you could in practise cross from one to the other, but you could do that from another discipline as well. Learning how to...

Bottomed a couple of years back after about 15 years of decline (which followed about 15 years of continuous rises). Suss

Others have already repeatedly and persuasively made the points that the City is a meritocratic place, that race is not a significant issue and that not all university degrees are equal. I suspect that you're running into two issues. First, there is still a lot of ageism for new entrants to...

I own Metastock, Technifilter (no longer available), Neuroshell Trader and NeoTicker. I would say that Metastock is good for the range of add-on packages available and there are also a ton of educational resources. I have switched to NeoTicker because it is very capable, flexible and...

I see little if anything to suggest that the high-value added part of manufacturing comes from China. China supplies labour and not much else. Most of the machine tools and the electronic components used to make this stuff comes from Japan, while most of the semiconductors come from the US or...

If people in other countries want to pay for their healthcare via a taxation-like system, surely that's their choice. It seems to me that the main problem the US faces is not how the money for healthcare is sourced. The core issue is that the country spends twice the amount per capita than...

Not true. I know people at Goldies on far less than that [Edit: yes, I realise this is an average, but these are competent people and thus I believe a reasonable indicator]. GS has successfully developed this mythique about it being the elite place to work but if you measure by pay, this...