jpm trade desk lost money a total of 8 days in 2010

[shortie]

Quote from Restricted:

Yeah thats fucked up. .Whoever is responsible for those losing says should be canned.

Strangely enough, JPM did fire 8 people in 2010 http://www.bullshitnews.org

 

[tomahawk]

The house always wins in the end. But every now and then they gotta let Aunt Bea hit the jackpot in the slots so she keeps coming back.

 

[bone]

I take it they are not scalping ES based on tic data and a MACD divergence study on TradeStation.

 

[brownsfan019]

A source would be nice. Even better would be that ET requires a source.

 

[nonlinear5]

This is apparently the source:
http://www.streetinsider.com/Corpor...g+Record+for+Second+Half+of+2010/6298884.html

And here is the actual JPM document where they mention daily trading profits and the number of losing trading days by year (see page 7):
http://files.shareholder.com/downlo...2901304c/2-15-11-Investor-Day-Invest-Bank.pdf

 

[athlonmank8]

Looks like we've learned a lot