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I cannot for the life of me recall any really worthwhile and potentially lucrative profession where the majority of those attempting it did not experience failure. Whether it is medical school or Pro Football or a software company start-up, the odds are really quite small. The other...

If you want to scratch off that scab, use your ET search functionality for the member 'emg'. Look at his posts. Suppress your gag reflex. The mantra and littany that nearly all traders fail is constantly being perpetuated by one or two members who are starting threads on the topic or...

So they can buy them cheap, and sell them even cheaper.

Maybe boss should have paid up for a Quant with some chops for the position. This is where saving $50K is really the height of stupidity if indeed intradaybill has sniffed this one out and flushed it into the open for a clean shot. Do you at least have a Bloomberg terminal and MatLab with...

I knew who started this post before I opened the topic tab for the first time. Amazing powers of deduction.

Yep, we have gotten to the point where layups from that Broker you blew and gang-banging your Brother-in-Law's customer deck with a wink and a nod and a few grams of coke are just nowhere to be found these days. Chicago pit traders will have to actually take on some risk and use the computer...

Game, set, and match. You could also have thrown Jefferson, Waters, and Rangel et al in there as well but your point had been so thoroughly correct that apparently the reinforcements weren't needed. The search engine query within the 'Daily KOS' and 'Nation' must have been incredibly...

You are also going to see either the Texas or Florida Mercantile Exchange.

There is a very legitimate reason why donors are slow to contribute to Obama's campaign this time around. The economic and polling trends do not portend well. Even Soros does not like to throw good money money at a bleak situation.

We rolled out of July on June 20th, and our models in both ZC Z1-Z2 and ZC U1-Z1 have been short bias since early March. Today's price action was very good for us. ZW U1-Z1 has been a short bias since mid-February, but looks like we are working on a trend change to a buy bias in the near...

He nailed your ass to the floorboards on that one, FT. You have issues with when confronted with logic and facts it would appear.

Yep, or the Texas Mercantile Exchange. And Illinois Democrats deserve it richly.

Spoken like a true progressive machine Democrat. This is why Texas accounted for 37 % of the country's new jobs during this recession. One state accounted for more jobs than 49 other States. Care to wager that union crane operators in Dallas make just a fraction of that ?

Oh, I am sure that Barack Obama is a great guy as well. And a real American success story. No dispute from me - I agree with that sentiment. Just a crappy president who is in way over his head. And outsourcing legislation and leadership initiatives to Nancy Pelosi and Harry Reid was a...

One lot futures spreads. For example, one of the positions taken was short Dec 11 Eurodollars and long Dec 12 Eurodollars as a calendar spread position. That particular client (triplenickel) went live on March 01, 2011 with a $25K account. He has returned 45% net on that as of yesterday...

John Lennon would have voted for her we are led to believe. About as believable as Obama winning in Alaska or Texas. http://www.torontosun.com/2011/06/28/lennon-was-a-closet-republican-assistant

http://www.realclearpolitics.com/video/2011/06/29/durbin_illegal_alien_could_be_our_future_president.html Dick Durbin believes an illegal alien could be a future president. The Dream Act by executive fiat.

There are some very good NG guys who occasionally post on this board, and I hope one of them adds some color for you.' Personally, I find Schork's stuff to be very prescient and of very high quality, and I used to subscribe to his newsletter.

This really is chump change compared to Al Gore's profiteering.

There is a group of floor grain spread traders who blew out in May. Cost of carry basis models. Ex-commercial guys. One of them posted here frequently. Anyone who seriously believes that the electronic markets have not priced in some important piece of fundamental information is delusional...