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Hello: In response to your questions 1. Yes 2. Yes 3. Yes Steve

Hey: My job is to take 10 points out of the market. After that I could care less. I entered long on the third bar with a 1 point stop loss Posted the chart on another thread this morning, but the moderator apparently thought it should be "purged" :D Ozzy, if you are looking for some...

Firms I know of include White Cap Avidus Bear Golden Market Genesis Alliance If I remember correctly, these are a few of the firms that might be sources of reference or places to make friends. Because things change rapidly in this industry, I have no way of saying whether these firms...

Hello: I don't want to be impolite. I know you want to find help. I am going to suggest something you won't like. Naturally you can disregard it. You're in a part of the business that is populated by pros who have been doing it (trading) for a while. They have several advantages over you...

Hello: We have a mirror in both our office restrooms that has lettering at the top It says "DID YOU KEEP YOUR DISCIPLINE TODAY?". The gentleman that trained me had a rule that we all followed. Before leaving the office at the end of the day, you had to go in there, look yourself...

Unfortunately you are missing my point. I am sure it is because I am expressing it in a clumsy way. Putting on a delta neutral position does not reduce your risk for long. As soon as the position moves away from delta neutral, that reduction in risk starts to dissipate. The fact that a...

Hello Folks: While I don't want to oversimplify, I generally agree that delta neutral strategies can be expensive for retail traders. Just depends on how often you have to adjust deltas. I assume that a person of common intelligence will figure it out (if you can't see this right away, you...

Hello: I took a moment to look at your trading record. Based on distribution of consecutive wins and losses, it is clear that you have no edge. Your record is worse than would normally be attributed to random chance. I suggest you do not wait for the next month. Stop now. Find a tradeable...

And yet you post in a manner that implies that you are. I think I have wasted enough time with you today. No wonder serious traders don't stay on here. This site has become basically a gathering place for eccentrics, scam artists and idiots. I think I will take my own advice and...

Hello Ripley: It is pretty clear that you are a scam artist. I intend to complain to the proprietor of this site. I believe that a person of common intelligence who takes the time to think about your "offer" will come to the same conclusion. For those interested in learning a...

Hello: The idea that you can determine when to "reverse into it" in a positive way is easy to suggest, but more difficult than it seems to implement. In a noisy market like the ES, a trader is likely to encounter a series of out trades where he or she takes a loss, reverses, then losses...

Hello Folks: Well I didn't have the Friday I would like to have had. Not much of a day for me either way. Anyway, I just wanted to mention a couple of things for anyone who is interested. Just hoping to save you some time and money. First, take a good look at what "Market Monk" is...

OK then, I have an order in to get short below 1198. I am just sitting here waiting for the execution. For those that care to, look at your charts of the ES market today. Using 5 min bars or candles look at the close of the first bars. If you put in 5, 20 and 50 period EMA's you will notice...

Ok: Take a moment to think about who the "average" Goldman client is, and what kind of order to buy or sell they are likely to implement. Are they 1000 share daytraders? or are they investors looking for basket or block execution? Sorry, I have to get back to work. Good luck guys. Steve

Hey: I work in Lefty's office (along with 5 others). We are executing a "change of shift" here tonight. I drew the short straw and have to stay up to trade the DAX and Stoxx in a couple of hours. I use his workstation, because he has the nice setup (wide main screen) individually controlled...

You know Nitro: I been thinking about this for a bit. I understand your comment, but I wonder about the definition of "Public Figure". I think of "public figures" as people who we all see on TV, or who are active in politics, music or sports. In contrast, when I see some wannabe gangbanger...

Really the thing that I object to is when people don't think. Instead of taking my comment in a personal way. Think for a moment about the point I have tried to make. Personally, I don't want to know if Mr. Baldwin blew out his account. For the same reason, I don't want to know whether he...

Sammy I own property near Tom's. We are neighbors. I don't know him very well, but I think he is a good guy. On the other hand I think the folks at Bloomberg should leave him alone. I've already said that I think we all deserve a little privacy in this life. Maybe you are too fucking stupid...

Hello: No mystery as far as I know. I believe people deserve some privacy. Certainly your privilege to ask, and mine not to say anymore than I have. Good luck Steve

Hello: I'm familiar with the circumstances. Yes he has multiple seats. I'm not much for gossip, so I'll just leave it at that. Good luck folks Steve46