Schonfeld Sec. bad moon rising ???

I hear ya stockrock....been trading myself for 2 plus now and looking to split from my current firm seeing as how they will most likely be out of business within the next 6 months. Happy hunting bro.....TB
 
Interesting enough, it seems other firms look at me better once they hear I was at Schonfeld for 2 years.

AT this time I would like to thank my mother and father for all their help. I would like to thank the Acadamy for the award and hope this brings peace and goodwill to all men (and women).

Another good point........since I started writing in this thread there hasn't been any knock down drag out cutting up of anyone. And I bet Mr. Bright likes all the attention going elsewhere (just figured we would talk about you a little) :D

Wish me luck....I got some interviews tommorrow. I just wonder. Are they interviewing me or am I interviewing them ?????

CYA all
 
Both. Let them interview you, but make sure they are quality people like Steve is. Wherever you end up associating, life is too short to deal with scum.... Don't settle for just the best monetary deal. Look at the entire firm. Good hunting...
 
Originally posted by Newatthis
Wherever you end up associating, life is too short to deal with scum....
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Now I understand why I have trouble dealing with myself. Thanks for the insight. :D
 
Originally posted by EQTRADER

What is troubling is he is letting the office managers make the layoff decisions and their choices have not really made much sense. They seem to be keeping the the traders who did real well 2-3 years ago but are really getting hurt now and getting rid of the traders who are holding there own in this tougher environment
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What makes you think this is the case? I find it difficult to believe that the managers can make this call when they have so little say in just about any other decisions!?!
 
Originally posted by ertrader
a great trader is one who can come back from his/her losses. A great trader is one who knows when to go heavy, when to go light and when to sit on the sidelines. A great trader is one that is willing, as I, to say, I'm wise enough to know that I know nothing at all.
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2nd that
 
Originally posted by rs7


What makes you think this is the case? I find it difficult to believe that the managers can make this call when they have so little say in just about any other decisions!?!
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I for one can say that the layoffs in NY were not necessarily based on recent performance. And it was defintely the manager that made the decision. I think they were given a number to get rid of and then they chose who (or is it whom ? ) to dump. Yes, many of those have never traded very well, but there are a number of them that have traded well in the past. And there are those that traded poorly in the past and were holding there own for the last half year (obviously I refer to myself here).

I can mainly speak of myself. I started with them and was not very good for almost a year. Then I found myself and for the last six months was net positive. I don't think the decision was based on my performance. Not sure what the decision about me was based on, but in the end, it is not my company and I don't make the decisions. So, I am thankful that I learned how to trade at a great firm (and all on their dollar) and I look forward to making money elsewhere. I think the experience at Schoni gives me quite an advantage over a newbie coming out of any IVY leauge school.

I just hope all make a fortune (how many have OMC short for 2 days ?).
 
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