More brokers and other fancial people than real traders.

Quote from ertrader1:

ET is just a comunity of people in the Financial world....and I highly doubt anyone on this site is taking seriously, let alone REAL TRADERS....

Et chat, real time during trading hours is ok be even then you get yahoos coming on calling markets and predicting moves...

So, im not so sure individuals come to this site to read what the real traders from ET have to say, , because IMHO....most of the so called Real traders are full of shit.

BUT there are a few, who can be helpful and have intellectual insight on things.
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Well, we now know who at least one of the brokers is.

:D
 
Story in the NY Times today about how MBA's are losing jobs at a faster rate than ever. Why? Mostly because there's a glut of them, produced by the Higher Ed propaganda machine.

What we need are more illiterates and know-nothings , not more Phd's.
 
trade station respects this site enough. When a person opens an account a question of reference has et as a source selection. I suppose some of you guys are the real deal.

I'm impressed by the knowledge. I hit the jackpot when I found this site during my second month as a trader. All the info I need to know is mixed in here. I need to read these threads and figure out what each of the top et participants are conveying to further my education. Sometimes life is easy. Imagine if you came upon this site after two months of trading.

Cheers! and thanks
 
There are some amazing FOREX traders here, with great insight and tons of knowledge regarding various cross-rates, support/resistance levels, central bank issues, etc.

One of the more in-depth posts that I ran across recently touched upon the recent terrorist activity in Spain, with the following logic:

200 people die in Madrid on a commuter train at the hand of terrorism. This is very bearish for all dollar-denominated assets. Sell the USD, and sell US equities.

Guess what?

The next day the Dow Jones rallies 100 points and the Nasdaq 40. Hmmmmm....

:eek:
 
MBA's are rubber stamps in my opinion. i had attended many MBA courses in my university's business school and one thing kept hitting me: all these people already knew what were in these classes and were just waiting to get out. i got alot out of them though, since i came from a non-financial background.

it made me wonder, why get an MBA when you learned everything already through work?

-m.o.
 
is just a "merit-badge" or "brownie-button" that Wall Street Investment banks have glorified and obsessed over for the past 20 years . . . Even though much of what you say is true, you still need it on your resume to have a good chance at getting recruited by a top investment bank.
 
Quote from waggie945:

is just a "merit-badge" or "brownie-button" that Wall Street Investment banks have glorified and obsessed over for the past 20 years . . . Even though much of what you say is true, you still need it on your resume to have a good chance at getting recruited by a top investment bank.
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Yup,

Just more brainwashing and a MBA shows that you will put up with absolute BS and work slave mentality.
 
Quote from roberk:

Like the goldrushes of old, there are the few that make a lot of money; the majority that go through hell and lose all their stake. And there are the consistent winners who sell the shovels, the worthless land and dreams.
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where did you hear that??? ive been saying something similar to that for ages, so im curious as to where you may of heard that...
 
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