If one gambles and loses, he is a gambler. If one trades and loses, he is a gambler. If one gambles and wins, he is a success. If one...
Well, even outside of trading, the trend is always lower cost and better service. Thats how we compete. So the long term trend in this...
Its always nice to see the house weigh in. :) Yes, back to it.
Well, first, as I remember, every trade has a number attached to it, that identifies it for clearing. So if you were "being fed a simulation" you...
My post wasn't an attack on you, although some might think you took it that way. While I agree with you, businesses do not have to share the...
This is directly from the CME, maybe we can adopt these stipulations in distinguishing proprietary trader from all the rest. A. The...
So how does a firm explain to you the relationship between their higher rate and all of the factors you mention? If its in their business...
One thing missing is that its very hard to quantify "good service" or "a solid firm. " It is very easy to quanify savings on .002 versus .008,...
One of my good friends is one of the top 5 commodity traders in the United States, and is on par with John Henry (CTA rankings, autumn gold) and...
Well, thats why you diversify across a number of MA spreads at once. I spent two years trading MA for a hedge fund in Los Angeles. We...
I edited some of your quote to fit what really comes across as I read your thinking. Dude (to speak to your youth) You are setting yourself...
Okay...i just got an email from a buddy at ETG...he said something is happening with Schonfeld...what is it?
I think you miss the point of the statement. The point, to use your boxing analogy, is that you wouldn't attempt to step into the practice ring...
I read Pit Bull. Thats enough of Marty Schwartz for me. While I admire his success as a trader, it came at a great sacrifice to his personal...
After much mental labor (most of it reading posts) I conclude these definitions related to trading: 1. Proprietary: A firm hires a trader,...
Thanks for that, and I used to be one as well. :)
Awesome, now racking him in my ETpost hall of fame. (Scary that I keep one, huh). The Mark Douglas idea is spot on. Thank you for being upfront...
Awesome as well. Rack him too!
Dude....absolutely awesome! Rack him.
I read this whole thread. One of the assumptions of many is that one is going to walk into this profession, and with a certain amount of money,...
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