" I think he should probably lock it in here, or at least half. " Yes...a trader would think that way....but he isn't a trader....
DAVID FABER DAVID FABER ‏@DavidFaberCNBC Knight Capital gets $400M from four firms through conv pref offering. Conversion price is $1.50...
It's not a good call until he gets out of the trade. He's long KCG from 2.50 and 2.00 bucks or so. Once he gets out profitable all awards and...
You are right surf...... "About half of Jonesâs trading depends on technical analysis using historical price charts to predict market...
Interesting........do you trade real money for your own account or a fund/trading firm? Or do you just like to talk about others who do?
I hear ya on the Par for the course on ET.....agree 1000% with ya. Not so sure about someone saying a trade is crazy is the same as them saying...
How is this guy short from 2.00? Mav, quit drinking from Surf's Kool Aid. You saying this guy is short from Surf's fantasy price is almost as...
He paper trades. He can claim any price he wants :)
Uh huh Surf. Wasn't your claim to fame writing for Yahoo.com yrs ago? Stick to book recommendations...that you are great at.
It must be nice in paper trading land...lol. Great fills......he buys it at 2.60 and then has an average at 2.00. This is even too much for...
You said you averaged in at $2.00. It never traded there. Obviously you are paper trading, but at least use real prices. At least give your...
You got filled at 2.00 ? Low of the day was 2.27. http://finance.yahoo.com/q?s=KCG
The thing is......too many people (especially new traders) are looking for the holy grail.....the "easy" trades. They don't want to put in the...
Good find Surf. Looks very entertaining. Welcome back to ET.
He is the scummiest of the scum. He sells a bullshit strategy (good luck getting locates on the crap stocks he tries to short) to young wannabe...
They still run almost the exact same model at Schonfeld. Same strategy. The software/filter they have is basically the same they had back in the...
FNYS is not going under (changed their structure) and Schonfeld has the same exact model since the 90's. Otherwise you are right........ :)
I guess my point is just because one is not trading their own capital doesn't mean they won't work their ass off. The firms I have been with...
You make great points Mav. At the end of the day if a trader is not disciplined and doesn't have very good risk management skills, he isn't going...
What are you basing that on? I know guys who have traded their own money who feel very little pressure and had work habits that were less than...
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