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    Trading and Formula One Racing

    when you're young you have a lot less to lose and a lot more to prove. when you're old you have reputation sponsors and probably a family. young newbie traders sometimes get amazing % returns, of course that's with $500 daytrading margin, sooner or later they crash hard. No experienced...
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    Trading and Formula One Racing

    Racers are always looking for the quick and easy way to win. They're looking for the magic spring or the secret camshaft. Those things might exist, but I couldn't begin to tell you where to go and find them. If those things do exist. they won't make you a consistent winner. The people who win...
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    Trading and Formula One Racing

    There are a lot of parallels between the Formula One tournament and Futures Trading. It is a ruthless competition in technology, engineering, skill, mental, physical fitness and psychology. One difference is that in Futures trading you only risk your account. Formula One drivers risk their...
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    Historical day: China has included this Sunday the right for individual property !

    They are probably trying to sell some chinese sh*t.
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    The Surf Report

    you mean you will short if it goes down, but won't do anything if it goes up LOL
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    Bahamas

    buy corn too
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    DE Shaw

    Traders and the institutional world (portfolio managers marketers etc etc) have very different mindsets. Read "market wizards", who's the best trader according to Monroe Trout? The one with the best Sharpe Ratio. Now let's go to a pension fund, what is the best fund for a portfolio...
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    DE Shaw

    Rotella manages 1.4 billion, has much better sharpe ratio and has been around for 14 years. Rotella is objectively better than DE Shaws but you don't hear the media or hot shot academics trumpeting Rotella's performance. Rotella who? Check out also IIG, IIU convertible fund, Basis pac, ADA...
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    DE Shaw

    C'mon you say you are a fund manager, you should know better than just looking at average returns. If you look at their Sharpe ratio (for example) they would probably be among the top 100 but far away from the top 10. iasg.com database alone has more than 70 funds with better Sharpe Ratio...
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    DE Shaw

    Most recent number May 2004: 23% net annual average since the equity fund inception in 1989. They lost money in 2003 so they're not amongst the wizards who have never had a negative year. Assets= about 6 billion. Most recent numbers for Futures currencies and distressed funds are in the 33-40%...
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    The Surf Report

    This thread has followed recent index futures action much better than surfie... http://www.elitetrader.com/vb/showthread.php?threadid=33096&pagenumber=11
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    For the open minded only.....ditto heads won't enjoy this...

    ROFLMAO! That would be like Hitler calling Goebbels an "insane mass murderer"
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    NASD Seen Moving Toward Limiting Day Trading

    NASD Seen Moving Toward Limiting Day Trading Source: Compliance Reporter Grant Catton An NASD interpretation of a Federal Reserve Board rule on credit extension in cash accounts is being read as an attempt to limit day trading. The NASD's Notice To Members 04-38 interprets the Fed's...
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    news

    thanks for correcting my grammer :D :D :p :p
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    news

    chill down dude did i say anything offensive to you? or are you just angry you didn't make any coin today? that's what i get when i try to help assholes.
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    news

    institutional investors don't spend the day with the finger on the "trade" button ....
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    news

    how could you miss the spike then if you have fast news :D :D
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    news

    C, FNM earnings
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    Niederhoffer new book

    Hey VN lovers, I know another trader who made it big selling premia and doubling up when he was losing.... he was the #1 trader for years. oh boy how I admire him. I bought all his books. Unfortunately he was and is hugely misunderstood, obviously a bunch of ET pikers would never understand his...
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    Gann Theory Chat

    Gann himself said you have to have nerve aka BALLS to trade. And yes Gann secrets are BS and Borsellino is an idiot for having paid a lot of bucks for original Gann charts.
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