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  1. M

    Backwards Britain

    Something does not ring true. Companies do not indicate they will hire you unless they actually have made a firm decision and will actually go out of their way to avoid insinuating someone is going to be hired unless they are. Secondly, I know of no company that gives reasons for non hiring...
  2. M

    "The Stock Market Is For Suckers": Mark Cuban

    Much of the conventional stock market wisdom is propaganda from someone with a vested interest. 'Buy and Hold' as a mantra seemed to appear as the brokerage industry shifted to fees on assets rather than commission on stock trades. Reduced the number of salespeople needed and freed them up to...
  3. M

    NYSE Closing for President Ford's Funeral?

    In 1885 markets were not correlated globally and linked via fiber optic networks. I personally don't feel a past President dying warrants a closure of business. Nobody is forced to be President against their will and nobody joins an exchange or broker against their will, so please, no need...
  4. M

    % of losers in various trading entities

    "Back in the early 1990's Goldman consistently took young people into the prop group and churned them out. The success rate was minimal, 5 percent at most" Christian Siva-Jothy, Former Head of Proprietary Trading, Goldman Sachs quoted in Inside The House Of Money, P90 One can only assume...
  5. M

    What are some good career choices for those over 40?

    Forget corporations and bosses.
  6. M

    One of the reasons I like Position Trading

    "Funny thing is that for 99% of the public you will get called a "day trader" if you trade on your own/at a prop, no matter how you trade..." .but if you ask them to define what a day trader is they can't...............they just know it is bad because they read it so. There are actually...
  7. M

    One of the reasons I like Position Trading

    Poition trading is like being a factory owner - you just sit there while others do the work and the cash rolls in. Being a daytrader is like being a sweat shop employee. Every day you start again with nothing and have to make your quota. Not conjecture on my part, direct experience.
  8. M

    Jesse Livermore timeless wisdom

    Livermore seemed to make the point that you can't overcome your psychological makeup so you have to trade with a strategy that won't allow your psychological makeup to undermine you.
  9. M

    Wolfe Waves Paterns

    I also think there is an agenda here and retract my apology.
  10. M

    Wolfe Waves Paterns

    If you are genuine I apologise for harrassing you but we get kind of tired of posts containing a URL to a $3,000 system from people who had Jesus come to them in their dreams and beseech them to share their system with the struggling traders of ET for a mere $2999*. Occasionally the innocent...
  11. M

    Wolfe Waves Paterns

    I think you will find it is by invitation only (it is that exclusive)
  12. M

    Wolfe Waves Paterns

    Looks like snakeoil to me.
  13. M

    How to make 1179% in a month and a half

    Anyone know which were the 21 stocks? I can guess at a few but would like to know for sure. P.S. Might save someone the bother of claiming to have discovered a new chart pattern e.g the RUSSian Hook.
  14. M

    Anyone trading Tokyo stocks with IB yet?

    ...............or built in screening capability of Bloomberg, Reuters etc........
  15. M

    Anyone trading Tokyo stocks with IB yet?

    This: http://capital.jp/search.php for fumdamental screens. For technical screening not aware of any other than Reuters datalink EoD data and Metastock.
  16. M

    A job as foriegn exchange trader

    First off, London salaries for all but the elite seem to have hardly changed over the last 10 years, while housing costs have. Secondly, 10+ years ago a dealer could quote a corporate a 10 - 100 pip spread and lay it off for 2 point interbank spread - i.e not as competitive as it is now and...
  17. M

    Graphics cards information

    Quad AGP: http://www.naplestech.com/shopcart/xentera_gt4_agp_612524.asp Discomtinued. No knowledge of how it performs
  18. M

    Tiny Hedge Fund Startup Questions

    My understanding is that [non institutional] clients call every day - were we in on this, how the hell could we have missed that? etc.
  19. M

    Tom Williams VSA Book Free in PDF

    This is definitely one of the better books out there. A bit cheesy at times - but better than the vast majority of Scahbaker/Edwards & Magee cribs. I wouldn't get tooooo involved in Volume Spread analysis - the key takeaway is understanding why a move happened via the context in which the...
  20. M

    What's your favorite trading quote of all time?

    "To succeed as a King you must first succeed as a man". Henry VIII of England on his deathbed to his son. Although remembered for obesity and six wives, in his youth Henry was both an athlete and a brilliant scholar. Note this relates to a point I made elsewhere that you have to...
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