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  1. R

    Trader P/L 2006 Questions and Discussion

    http://www.bloomberg.com/invest/glossary/bfglosp.htm "Painting the tape Illegal practice by traders who manipulate the market by buying and selling a security to create the illusion of high trading activity and to attract other traders who may push up the price. " Sounds about right to me.
  2. R

    Swiss bank vs Bobby Fischer

    You can tell when a company, like UBS, is dog shit by the commercials they choose to air. Cue announcer with smug, deep base voice: "Wherever you are, we're right next to you. We just call it 'You and Us'. You and Us. UBS." What the fuck is <i>that</i> supposed to mean?! Did they...
  3. R

    Trader P/L 2006 Questions and Discussion

    I'll take half, and Steve is more than welcome to the other half... <i>Do you have a long or short bias at start of day?</i> --->Sometimes. <i>Do you think you can push a stock? If so, do you push as part of your daily strategy?</i> ---> I significantly influence the price movement...
  4. R

    Trader P/L 2006 Questions and Discussion

    I'm factoring in the ECN rebates. It does hit 4 or 5 grand on very heavy days.
  5. R

    Israel to vote, Lebanon accepts cease-fire; Hezbollah says it will

    The U.N. resolution is indeed smoke & mirrors, but you should know that Israel is NOT razing Maronite villages- only muz villages which are active participants in this war.
  6. R

    Trader P/L 2006 Questions and Discussion

    Mine aren't. You can subtract about 2 or 3 grand from each day to arrive at my actual net.
  7. R

    Good poker player = good trader?

    I couldn't agree more. ...and that's one of the reasons why, if you seat nine gamblers and one shark at a poker table, the shark nearly always emerges a bit richer when the game is done. Getting dealt lousy cards is but a minor obstacle to the highly skilled player.
  8. R

    Good poker player = good trader?

    You're making a fool of yourself.
  9. R

    Questions for Rearden Metal

    Wow... this video can seriously help you become a better trader. I'm not joking.
  10. R

    Trader P/L 2006 Questions and Discussion

    You're right! They wouldn't put up the kind of numbers I do, but they <b>would</b> still get in my way. Get it? I described a ficticious example of this process in another thead: Quote from Mr B: <i>if you have a winning method and you share it, others will use it too. which means more...
  11. R

    Questions for Rearden Metal

    Yes, because unlike my trading in individual equities, <b>there is no method.</b> I just do whatever seems logical/feels right/ fits in with recent market patterns.
  12. R

    Questions for Rearden Metal

    Options, yes. Futures- I was actually the guy who pioneered Schonfeld's prop futures program to begin with. I was their very first prop futures trader. Currently, I'm using SPY & QQQQ instead, as I prefer to consolidate all my non-options trading activity into 'one stop shopping' through Echo.
  13. R

    Questions for Rearden Metal

    <i>My BIG question though has to do with your awareness of your depression, whether it was a life-long thing or circumstantial</i> ----->It began, and got really bad during my military service. I was OK during my assent (1996-2000), but really bad again once the market got dull and stayed...
  14. R

    Gordon Gekko

    The word you're looking for here is <b>LBO</b>. In simple terms, when a company trades well below book value, a corporate raider gets the financing together to buy out a controlling stake in the company. He then liquidates the company's assets for a profit. He wins, but many workers jobs are...
  15. R

    Tradesports' fail to pay

    The obviously thing TS needs to do, to avert a PR disaster: <b>Immediately</b> pay BOTH sides of the bet. It'll be cheaper for them in the long run...
  16. R

    Will the Fed pause on Tuesday?

    I got it. I just meant that the lottery tickets guy probably wouldn't understand.
  17. R

    Will the Fed pause on Tuesday?

    Do you think your target audience understands what you're saying? This would be like me answering your posts in Hebrew or Arabic.
  18. R

    Will the Fed pause on Tuesday?

    That's racist! :D
  19. R

    So many pretenders on ET

    "Although, why would anyone take the time to take a screenshot to show everyone they're making money? What would someone get out of it?" ----> A positive halo effect for all of their other posts on ET, where they'd like their opinion taken seriously. "If you have a system that...
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