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    Finding a Trading/Investment/Finance Internship in the D.C. Metro Area?

    www.dc-energy.com is highly competitive but compensates very well. constellation commodities may or may not have some positions in the area.
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    Poker Question - What are the odds?

    Agree with the first part, I think the second is (46*45*44)/6*4*2 though like I mentioned above and I'll quote below In my original post I think I made a calculation wrong and (46*45*44)/6*4*2 should equal 1897.5 instead of 3795. But it looks like I did it right in my final answer which...
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    Poker Question - What are the odds?

    Because I am using all permutations of three pairs (Part B) divided all permutations of possible three two cards hands (Part A). You have to consider the total number of ways for both of your sets. If I am using 52*51*50*49*48*47 for Part A I have to include all possible ways the pairs can...
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    Poker Question - What are the odds?

    I don't agree with the last three It needs to be 6/46 for the first number because it doesn't matter which player's pair the first card of the flop matches. There are 6 cards that could be drawn to makes someone's three of a kind. After someone makes three of a kind, there are only 4 cards...
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    Poker Question - What are the odds?

    I don't think this is correct either for calculating the odds of 3 pocket pairs, but your idea should work when done correctly. Your approach I think was to divide the number of possible permutations of three consecutive pairs (Part B) into the number of possible pairs (Part A), but I think...
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    Asian Markets Opportunities

    Curious to everyone's opinions on trading the Asian markets. Is there really a lot of opportunity/inefficiencies in some of these 'emerging' markets or is hype overblown? Input welcome.
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    Non Compete Agreements

    I am curious if anyone here that works as a prop trader for a true prop firm, or has received an offer, has signed a non compete agreement. If so, when did you sign and how long is your non compete duration? Just taking a survey here, thanks!
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    Non Competes

    I am curious if anyone here that works as a prop trader for a true prop firm, or received an offer from one, and has signed a non compete agreement. If so, when did you sign and how long is your non compete duration? Just taking a survey here, thanks!
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    Debunking Myths - Is trading really a Zero Sum game

    All I'm saying is the process of trading is zero sum, e.g. there is no value created in trading itself. The only value created is by those managing the companies the market trades and their corresponding profits, but all of that is outside the realm of the stock exchanges. The process of...
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    Poker Question - What are the odds?

    Right, 51 cards left total. Right, so we are looking for 48 possible cards. 48/51. I have no idea why you're multiplying two probabilities together; this is just counting.
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    Poker Question - What are the odds?

    Agreed I don't understand this. There are 51 cards left in the deck at this point, 48 of which are a different number than the first card, therefore the probability of a unique card is 48/51. Same here, 50 cards left, 44 of which are of a different numbers than the first two since we have...
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    Debunking Myths - Is trading really a Zero Sum game

    Trading is zero sum. As per a rebuttal to an answer in a similar conversation I had on yahoo answers, someone posted: "The stock market is NOT a zero sum game. If it was, there would be no long term investors. IPO: Jim buys at $55 Jim sells to Tom at $60 Tom sells to Bill at $70 Bill is...
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    Poker Question - What are the odds?

    Hey, I'll take a stab, let me know if my answer makes sense. I am getting approximately 1 in 9.38 million. I did this in three steps. First is the probability you each get a different first pocket card, second is that you all match your pocket card, and third is that the flop matches all...
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    Any chess players here?

    They do make the switch! http://www.deshaw.com/Staff.html "Our staff includes a number of Rhodes, Fulbright, and Marshall Scholars, Putnam Fellows, and the winners of more than 20 medals in the International Math Olympiad. Current employees include the 2003 U.S. Women's Chess Champion, a...
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    rho trading - Chicago

    I haven't found anything about them on the web, that's why I'm on ET too.
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    rho trading - Chicago

    There is a large thread dedicated to this question already http://www.elitetrader.com/vb/showthread.php?threadid=66942
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    rho trading - Chicago

    I've recently received an invitation to take an online test with Rho and so am resurrecting this thread to see if anyone has new information on Rho Trading in the last 6 months, or hopefully some info about the online test that could help out a fellow Elite Trader pass. Any input appreciated.
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    math test for imc-chicago

    The IMC Test is given by test company SHL Solutions (I took it offsite/online). You can go to their website http://www.shl.com/shl/en-int and take a practice test. It's very similar.
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    Cover Letters

    My post was regarding apps to pure prop firms requiring no capital contribution where they would be looking for just trading talent/potential. At retail or prop firms requiring deposit I would assume cover letter would be moot in their consideration for applicants. I do agree somewhat with...
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    Cover Letters

    As I am sending out applications to prop firms I can't help but wonder if the cover letters I am writing have anything to do with the chances of me actually getting noticed at some of these places. My cover letters follow a fairly typical format: Paragraph 1: Let them know what you're...
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