Search results

  1. A

    9/18/07 - A Sad Day For America

    Worst of all he didn't even signal that this was a 'one and done' cut. The clear signal is that he is willing to cut more. So now, everyone will spend even less and wait for even lower rates to buy that car or house. So this cut may actually increase the odds of a recession.
  2. A

    9/18/07 - A Sad Day For America

    What a moron Ben Bernake is - he just made life more expensive for the hardworking responsible people of America to bailout reckless speculators. A much Sadder Day for America than I could have imagined.
  3. A

    Prop firms, splits, and insurance

    How can this be?, please explain. Thanks.
  4. A

    The Largest Global Imbalances

    I beleive free markets are the best way to price currencies and securities. Governments disagree. They often intervene in the markets thru either fiscal, monetary, or trade policy and create imbalances. This imbalances eventually MUST correct. However they may also persist longer than you...
  5. A

    New Timmay vid on MSN

    I don't know if this is true - but its definately a good idea for Tim. He obviously sucks as a trader so I think he should try to move into the entertainment business. If fox news haven't appoached him already - I think he should talk so some guys on the inside and let them know he'd be...
  6. A

    Victims of Hubris

    Jesse Livermore Nick Leeson, jr. Micheal Milken LTCM Victor Niederhoffer Sowood Capital Management (a money market fund - lol) Amaranth MotherRock Victor Niederhoffer (again) International Management Associates LLC Bayou Group Eifuku Master Fund Askin Capital...
  7. A

    The Dementia of Rich Guys that Marry Pigs

    David Beckham and Russell Simons come to mind. But there are many others. Now I'm not saying these girls look bad but I mean with that kind of wealth and fame you can get a girl that has it all. The trick imo is to not fall for a fellow celebrety or rich chick.
  8. A

    Trader P/L 2007 Questions and Discussion

    Whatever - very few guys have the balls to post their PL each and every single day. I think the guys that post are just trying to take ownership of their PL and taking full responsibility for it regardless of profit or loss - and seeing where they stack up against other guys. Trading is a...
  9. A

    Trader P/L 2007 Questions and Discussion

    Well 98% of ET are losers so don't think too highly of the respect they give you. I shouldn't even be on this site but I'm addicted to the comedy and drama of ET so I can't quit. You're obviously a multimillionaire - and be grateful for that. But I'm not one that confuses brains with...
  10. A

    9/18/07 - A Sad Day For America

    Well its pretty clear that Ben is going to give the first signal that he is going to try to inflate his way out any potential economic weakness no matter how minor. In doing so, by lowering rates - he is basically saying to the entire world that he is willing to devalue the hard earned savings...
  11. A

    There will be no Fed rate cut

    Can a lot of money be made trading fed fund futures? I'd like to learn more about this contract - any good places to start? I'd like to take the other side of a 100 basis point cut by March 08 expectation.
  12. A

    Trader P/L 2007 Questions and Discussion

    LOL - you're too much john - jealous of everyone that makes more than you. :cool:
  13. A

    There will be no Fed rate cut

    Doesn't the fed usually take its marching orders from the fed funds futures and if the futures are wrong then fedspeak guides them to where the fed really stands?
  14. A

    Trader P/L 2007 Questions and Discussion

    You of all people Cocaine, fellow SCT devotee, know the potential of the market - have you forgotten the Crayola drill? MBAGH could have over 10 years experience. It could be that at last he's found a rock solid edge and he's exploiting it for all its worth. Which is a wise move imo.
  15. A

    Trader P/L 2007 Questions and Discussion

    OMFG - if I ever go from making a few hundred to a few thousand a day - I'll never post it. You guys are jealous mofos. You just can't stand the fact that someone can be more successful than you. Well MBAGH has said he's been on ET since 2002 so I assume he's been trading for over 5 years...
  16. A

    A Different Way of Looking at Losses and Profits

    Your situation is different. You trade many different strategies. I'm speaking as a guy that solely trades ES futures. For me there is a huge difference between a PF of 2.0 and above and 2.0 and below. When PF is below 2.0, trading is just a grind and you're constantly giving up more...
  17. A

    Trader P/L 2007 Questions and Discussion

    Szeven, he trades like a market maker in AMEX stocks - right? Hard to make the kind of money he does with that strategy if you're paying retail commisions like .005/share all in.
  18. A

    As CL Nears $80 - Buy or Sell?

    Well today OPEC increased production for the first time in two years. Pretty bearish fundemental news and it was good for a 50 cent selloff after the announcement. Then it went right back up. It seems CL is moving more on Gold and Dollar correlation rather than on the underlying...
  19. A

    A Different Way of Looking at Losses and Profits

    One of my biggest problems as an index futures trader was my inability to sustain a profit factor of above 2.0. I feel if you don't have a 2.0 profit factor then your not really a top trader and since you don't have a very large edge you're likely a blowup waiting to happen. So now what I do...
  20. A

    Trader P/L 2007 Questions and Discussion

    I have a question for MBAGearHead: How the f--k did you go from losing day after day sometimes 10 days in a row to practically printing money each day? Was it a change in system? Or did God speak to you in a dream and you saw the light?
Back
Top