I took the Series 56 today

[LEAPup]

Quote from brenden:

man what happens if you fail and your livelihood is trading?!
or could you imagine a firm that has monster traders and decide not to do the test and leave, it can kill firms!!

also the new sec rule on dma on clearing protocol...
funny it seems the sec or obama wants to eradicate prop trading all over...

any comments?

Deep in the heart of this administration and their appointed regulatory heads, I think the object is to harm trading firms.

In fact I believe that deep inside the heart of this administration is the desire to descimate the capitalist system, and they're taking aim at trading from what I've seen. You may want to look into voting for Ron Paul is he gets the nomination. I know I will!

 

[microjohn]

FYI, they've just extended the deadline to September 17, 2011.

Not much, but better than August 12th.

Don't take it from me, though. I'm just a loser from a one man shop.

 

[emg]

More than 50% of prop traders will fail taking the series 56. They will fail.

 

[Angrycat]

Quote from LEAPup:

Deep in the heart of this administration and their appointed regulatory heads, I think the object is to harm trading firms.

In fact I believe that deep inside the heart of this administration is the desire to descimate the capitalist system, and they're taking aim at trading from what I've seen. You may want to look into voting for Ron Paul is he gets the nomination. I know I will!

Exactly. Ron and Rand and Gary are pretty much as close as we come to a respectable politician (an oxymoron, really. Emphasis on "moron").

The only nit I will pick is that the financial industry is not the only industry being decimated by over-regulation. I can't find a single industry that isn't being tortured by new and insane regs.

 

[scorpion]

Eprado. First off . You have not contributed any facts about anything on these threads that is helpful to anyone. Period..

What you do is insult others & accuse others of spamming or whatever bs you can make up just to make yourself feel important.

Assholes like you are the reason why traders do not like to post anything on et . Some are you guys come out of the woodwork and attack everyone for no reason. Your just parasites. You have nothing to offer to anyone because you have no knowledge to share . Your clueless.

The good thing their are some people that do like sharing with others & at times provide good info on this site & can be civil in sharing information with each other is the reason we have this board. the quality of info & posters have almost disappeared because of the idiots that show up.

Everyone has different views or expressing their opinions about a subject & should be respectful to one another. If you don't like what you read fine. move on & act like a adult & not degrade this site for those that actually like to share & can act respectful to one another & provide info on various topics.

Too many ignorant people that should not be allowed to post on this site

The bad apples should be banned then maybe other traders that used to be on here will return & try to have normal discussions once again.

Until then everyone has to deal with idiots like you that come on & pollute this site.

 

[T3TG]

I agree that there is a difference between "spamming" and being helpful (even if there might be self-interest involved).
I know the firm where I work will have a S56 study program out on Monday, and I will gladly share my experience with it on this forum--- and if this community doesn't find it useful, so be it. I have been in this business for over a decade and have avoided posting stuff online... it will be very easy for me to go back to discussing things with traders in "real life."
The unfortunate thing about the internet is you don't have to be an expert to get "published." In any business there will be shills/scammers and a$$holes... however this form of media just makes it easier for them to hide their true identity.

Quote from scorpion:

Eprado. First off . You have not contributed any facts about anything on these threads that is helpful to anyone. Period..

What you do is insult others & accuse others of spamming or whatever bs you can make up just to make yourself feel important.

Assholes like you are the reason why traders do not like to post anything on et . Some are you guys come out of the woodwork and attack everyone for no reason. Your just parasites. You have nothing to offer anyone because you have no knowledge to share . Your clueless.

The good thing their are some people that do like sharing with others & at times provide good info on this site & can be civil in sharing information with each other is the reason we have this board. the quality of info & posters have almost disappeared because of the idiots that show up.

Everyone has different views or expressing their opinions about a subject & should be respectful to one another. If you don't like what you read fine. move on & act like a adult & not degrade this site for those that actually like to share & can act respectful to one another & provide info on various topics.

Too many ignorant people that should not be allowed to post on this site

The bad apples should be banned then maybe other traders that used to be on here will return & try to have normal discussions once again.

Until then everyone has to deal with idiots like you that come on & pollute this site.

 

[Maverick74]

Quote from T3TG:

I agree that there is a difference between "spamming" and being helpful (even if there might be self-interest involved).
I know the firm where I work will have a S56 study program out on Monday, and I will gladly share my experience with it on this forum--- and if this community doesn't find it useful, so be it. I have been in this business for over a decade and have avoided posting stuff online... it will be very easy for me to go back to discussing things with traders in "real life."
The unfortunate thing about the internet is you don't have to be an expert to get "published." In any business there will be shills/scammers and a$$holes... however this form of media just makes it easier for them to hide their true identity.

Who do you think is spamming on this thread?

 

[T3TG]

I was just replying to scorpions' comment about "spammers" and making a general observation that the internet makes it easier for jerks to be jerks.... that's all!

Quote from Maverick74:

Who do you think is spamming on this thread?

 

[Maverick74]

Quote from T3TG:

I was just replying to scorpions' comment about "spammers" and making a general observation that the internet makes it easier for jerks to be jerks.... that's all!

Yeah but Scorpion was attacking EPrado and I sure hope you don't think he is a spammer. It just seemed like you were agreeing with him on that. That's all.

 

[T3TG]

I am Swiss

I am not attacking or defending anyone... was just making a general observation.

I don't know any of you.... haven't formed any opinions. Sorry for the confusion.

Quote from Maverick74:

Yeah but Scorpion was attacking EPrado and I sure hope you don't think he is a spammer. It just seemed like you were agreeing with him on that. That's all.