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  1. R

    The Last Thread of RS7

    How ironic. I lost last wed-thurs-fri. So I took off Monday. Then yesterday I sat in my office and did not make a single trade (only because nothing was appealing) Today I had a good day. I told MrSub about my "break" on Monday and yesterday. This is something I have tried to make myself do...
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    The Last Thread of RS7

    Yeah, but you put the periods and commas in the right places!!! (after you edited:)) (Why quote the whole post?) :)RS7
  3. R

    Please Help With Getting a Job

    Yeah! And made 'em speak proper American! :)
  4. R

    The Last Thread of RS7

    Well it is time to talk about what we all do as traders. We lose. Now it is unfortunate that we lose more in the beginning, because it is so disheartening. But the good news is we learn from our mistakes (hopefully). But even after becoming highly experienced, we can expect to lose...
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    The Last Thread of RS7

    I will continue to "imput", but just in a different way after this thread. I will contribute, but not initiate as I said. Maybe after a while I will think of another subject and change my mind. But as of now, I think I covered a lot of material, and don't want to be repetitive (if it isn't...
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    The Last Thread of RS7

    Well I have given a lot of thought to this. I have decided to do my farewell thread. My swan song so to speak. This does not mean I will stop posting to ET. I will continue to be a participant. But for the foreseeable future, I will not initiate any more threads after this one. I started...
  7. R

    superego welcome or UN??? Poll.....

    Hey Faster my man... I am impressed your guy got so many votes! I didn't know you had that many aliases:) RS
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    nx question

    Here is an actual photograph of a NYSE specialist:
  9. R

    Liquidity Trading

    A bit more on my take of this thing...fwiw.. I don't know if this is for "suckers". I am not in a position to really evaluate it. But.... Nextrade is paying these guys a (very) minimal salary to "learn" how to trade. Then they give a small salary ($500 a week I think...but I bet not...
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    Liquidity Trading

    What I don't understand is this.... A few guys I know just started working at Nextrade to add liquidity. From what they told me (and maybe I misunderstood), they got paid x for adding liquidity, but had to pay about 3x when they did not. So it would seem they would have to be almost perfect...
  11. R

    state income tax

    Yeah, almost forgot about that. They say the reason is that they have planted every imaginable kind of vegetation that is not indigenous to the desert. And the spores and pollen just blows around looking for soil which doesn't exist. You just have to grow a beard like Don Bright...breath...
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    Your favourite Elite Trader & favourite Post

    Update on the missing Publias. His mailbox is full. The REAL Publias is too diligent to let something like that happen. I have contacted the CIA just in case the abduction was an act of international terrorism. And I have a call in to Tom Ridge. If I don't get confirmation of Publias being...
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    Level II, Worth it??

    As usual, Daniel has made a valid point. Since I DON'T try and scalp, and I virtually never hold a position for less than a half hour or so, to me, I find L2 close to worthless. But he's right. If L2 (or anything) helps you to make money, then it is of tremendous value. I do think there are...
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    Your favourite Elite Trader & favourite Post

    STOP THE PRESSES! CALL THE FBI!!!! Someone has obviously kidnapped Publias. This cannot be the real Publias talking! No Way! OK, whoever you are. Name your price. We will pay the ransom. We want him back! And Magna will be a major contributor. He is frantically raising funds right now...
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    Level II, Worth it??

    I guess I should take another look. But it just has seemed to me lately (since decimalization), that there are too many prices with such small increments, that it just didn't seem to show me anything useful. I don't have the patience or time to scroll down and look at all the size. You have...
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    Level II, Worth it??

    I have had L2 access since I traded SOES, which I stopped doing in 1996. Still have it, never look at it. IMO, not worth anything.
  17. R

    True Legendary Trading Stories

    I sat next to a guy that did a very similar thing the first few years. But last year he lost a few mil....couldn't get out of the hole, so he just left the firm and went elsewhere. Sat with another guy that had frequent 1mm a day swings. Now he has been cut to 1000 shares max and 1mm in...
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    True Legendary Trading Stories

    If they call you "George" that is the highest compliment. The opposite of "flea". How this came about??? Not a clue! Give it a try next time you are at a dice table. Throw a nice tip to the dealers, and you will hear "George" pronto. (Doesn't work at blackjack, 'cause the dealers can't talk to...
  19. R

    How I do It

    The Great Babak sees the future! (from Chit Chat forum) Notice time of posts. (Holy shmoly....could Babak be superego?) :)RS7
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    Your favourite Elite Trader & favourite Post

    It is the Viking spelling of "nonsense"....found on many rune stones throughout Europe, Iceland, Greenland and Minnesota. All of which refer to a "Darkhorse", who I always assumed was you. (And they think I am old). :)RS7
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