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You seem very angry at me or at someone or something. Professional help?

Sounds like you had a great day! I'm betting most heavily on a rise in short-term Japanese Interest rates- Euroyen Futures. Hopefully, that move is yet to come tonight!

C'mon Mecro, admit that you are leaning long. Come clean! It feels good. :-) I actually lost some money today anyway, I got the shake and bake in $/Yen with the intervention overnight. Overall a decent defensive day for me, however a bit into the red.

pspr, are you suggesting that i'm not one of the better traders on here? not offense if you are, i'm just joking around. i'm probably not anyway. best, Neal.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=27641

Thank you Intrinsic and Ebo for your help!

Mecro, a bottom is only a bottom in hindsight. :-)

May have. It was -100 when i wrote the message. I'm still a believer, nonetheless.

My computer is infected. How do I get rid of this beast?

I got lucky. Now I'm adding due to confirmation. I think the market can be -200+ today.

For no good reason other than I believe most shorts have been squeezed out already. Clearly I am fighting the trend and I know it. I think we are going down big within the next few days. Just wanted to record my outlook so that if I'm wrong, I can look very foolish in public and punish myself...

Ability to think outside the box and independently.

Do you guys know what 30 pips means? For example a move in $/Eur from 1.2590 to 1.2560 or $/Yen from 106.20 to 105.90 is considered a '30 pip move'. Not much at all. It's roughly equivalent to about a 25c move in a $20 stock for example.

You make it sound like one should just 'sign-up' for a job at a major investment bank after getting their MBA or they should just 'sign-up' at a major firm like Susquehanna after getting their entry ticket (MBA). I would guesstimate that there are maybe around 100 or so jobs like this (true...

I'm not a lawyer but I'd hold off as long as you can. There are tax reporting reporting requirements and other hassles involved in having a corporation. You can't just form it and forget about it. Also, you are not sure yet which type of corporation is most suitable. For example, a single member...

By the way, this Nikkei is incredible. Did someone say 100% up and room to go?

Bond traders are from Missouri at this point. Show us some inflation after all these years of crying wolf and we'll sell Bonds. Otherwise, from a valuation perspective we'd rather short Japanese rates, they are imputing below 1% for many, many years out on the curve. Basically Nikkei has rallied...

The answer to your question is that there is no rule that requires your investors to see your trades. However, you will not be able to run any Managed Accounts without showing your trades (a structure that allows you to trade as an authorized trader in their accounts). Managed Accounts are a way...

In my opinion, the best way to become a 'real' trader these days is to offer to do an unpaid internship for a newly formed hedge fund. Often, even unpaid, you may be rejected. However, there are many new hedge funds springing up on a daily basis and many are in need to cheap, reliable help to do...

The number of traders that actually get hired into the Sales & Trading programs on Wall St. (especially on the Trading side) are miniscule and it is just not practical to play this angle to get on a desk, in my opinion. Granted, if you are the Valedictorian of Harvard B-School you will get into...