Daytrading & Divorce.....

[JSOP]

Reading all of this just made me more mad at my ex. Not for the things she did in the past. But for all the future things I believe she'll do to me in the future. If that makes any sense. Whoops she just called again. Must be because of the full moon or something.

You still have hope, @jinxu, your ex is just your ex-girlfriend. You are not married yet. LOL Heed everybody's advice.

 

[JSOP]

No, the speed of the bid/ask trading out on the screen was their demise. In the pit, if you're a local trader you buy bids, sell offers, and make markets. There was also an important clique of in-law floor brokers and ball players and such who constantly greased their family and friends with order flow that never made it to "open outcry". Most of those former pit traders could not transition to the screen. Because I'm a spread trader, I had access to all sorts of products on the screen that I never had standing in the 10 Yr. Note Pit. And, FIFO was in play. I ate that shit up. I also passed the DTB test in 1998 and started trading Eurex in addition to Globex and Project A. I went from living in a 2 bedroom on the South Side of Chicago to a 5 bedroom on the North Shore in the space of about 18 months. And my new bride just got greedier and more malevolent along the way unfortunately.

OMG!!! The bid/ask spread was THAT lucrative in those days in the pit that you can just make money by playing inside them??!! My gosh. I have never experienced that in my whole entire trading career having started with the electronic trading. I have been born too late.

 

[nooby_mcnoob]

One thing I want to point out is if you read "Coming Apart" by the same guy as wrote "The Bell Curve", it's very clear that your chance of divorce is decreased drastically if:

1. You and your spouse don't have divorce in your history, or family history
2. You are college/university educated

Just these two factors reduce the likelihood to 20%.

 

[Rationalize]

You forget that sometimes he leaves her.
She gets fat.
You can do better.
You pay her to leave.
If you have a professional job - the payment, ironically, comes out roughly to hooker rates.
One "service" per night, for each night of the marriage.

Do the math.

Everything is a trade.

 

[schweiz]

You forget that sometimes he leaves her.
She gets fat.
You can do better.
You pay her to leave.
If you have a professional job - the payment, ironically, comes out roughly to hooker rates.
One "service" per night, for each night of the marriage.

Do the math.

Everything is a trade.

But in (day)trading I can calculate my future loss and put a stop. In a divorce that will not work.

I also know my expenses (commission and fees for the exchange), while the expenses in a divorce are always unpredictable but for 100% sure much higher than imaginable.

The risk/reward ratio cannot be calculated but is horrific.

If you apply the rules that a good trader should respect, you never marry.

 

[Rationalize]

Your stop is your net worth.

Divide that by your estimated sexxual encounters.

Compare it to hooker rates.

There's your relative value trade.

 

[schweiz]

Your stop is your net worth.

Divide that by your estimated sexxual encounters.

Compare it to hooker rates.

There's your relative value trade.

I should go to court and ask a refund. The rate was much to high.

 

[bone]

Compare it to hooker rates.

My late great Father always told me it was cheaper by the piece.

 

[schweiz]

My late great Father always told me it was cheaper by the piece.

Yes, and more variation!

 

[Rationalize]

Yes, and more variation!

Oddly

-They never get fat
and
- They never get old