It's not so much a system as a general strategy. I was being fecitious. No systems work.
Just read The Logical Trader. It's the only "system" that works.
Here is my advice. I'm listing it in descending order of what I would advise you to do. 1. If the market-making job is with SIG, take it....
HUH????????????????
You don't really believe this, do you?
It's all about scalability. And it's why most hedge funds are having a hard time making money today compared to 15 years ago. It's very difficult...
Agreed - I'd be looking to buy the dips and short the rallies. The rhetoric is so negative (and the fundamentals too - competing with bundled...
Perfect trade = Positive Expectancy I'll refer you to The Logical Trader by Marc Fisher.
Yup - and no order flow or daily Open. No visibility.
Depends on what level of drawdown you're ok with. Also consider that if you are trading a breakout strategy, you should look for stocks that...
Read the Logical Trader by Marc Fisher. Backtest it and compare getting out after X profit compared to holding and doing a Market On Close....
Really? What info was he looking for?
Thanks, Trackready, for being so easy to read... makes for a quick pass over when anyone comes on here looking for meaningful info. Perhaps I'm...
Glad to be of assistance.
I didn't say that it was huge. I said that it was huge to you. And your downplaying of this phantom 50k account tells me that it is. If it...
Trackready. Please don't get caught in the trap of going into long-winded defensive postings. It's the most obvious sign of desperation, naivety,...
The fact that you're airing this tells me that you're paper trading - probably successfully - and are looking for validation or a pointed critique...
Since when is the internet free? I pay $40/month to Time Warner for a cable modem. Seems to me that the success of the net revolves around...
Uhm - I think the idea is that there wouldn't be a labor market for such a position. And I don't think I'm being too literal in saying this....
Emerging markets are crashing/crashed like it's 87 - not the US markets. Much like 87 proved to be a terrific buying opp here, this might too...
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