cool stories from a proprietary trading firm

Discussion in 'Prop Firms' started by 1a2b3cppp, Jan 7, 2018.

  1. vanzandt

    vanzandt

    Wow....
    Thats some cool Bobby Axelrod "Billions" stuff. And accurate. I remember when Bear went down. People on the Yahoo finance boards at the time were going nuts screaming about buying it below $35. Intuition told me something was up. I didn't buy. I actually mocked them for fun.
    That was a very enjoyable post though.... as the one guy said.... keep em coming.
     
    #11     Jan 7, 2018
  2. dealmaker

    dealmaker


    Let's not forget Cramer recommending BSC as a buy/ long, one day prior to going under.
     
    #12     Jan 8, 2018
    Frederick Foresight, d08 and vanzandt like this.

  3. That's right, and none of them advertise here or anywhere else.

    Thanks for making my point for me
     
    #13     Jan 8, 2018
  4. vanzandt

    vanzandt

    Is it gonna end Soes?
    Untitled.jpg
     
    #14     Jan 8, 2018
  5. sle

    sle

    Well, most do advertise directly, use a head-hunter or, for really junior people, recruit on campus. There is a lot of competition for good people, to be honest (or maybe I am a loser that can't attract talent :()

    I am still confused about the business model of mentorship for a fee and since we are talking, might as well interrogate you. Is the idea that some senior guy, who is already trading his capital and needs help doing the scut work, gets some poor idiot to help him AND charges money for it? Isn't that equivalent of asking the prostitute for money after you fucked her? (pardon my analogy, if there are ladies passing by)
     
    #15     Jan 8, 2018
  6. Folks think they can buy a clue
    They can't

    For the most part, those with a real clue, don;t have the time or desire to share it with goofballs.
     
    #16     Jan 8, 2018
    sle likes this.
  7. here comes the rain again....
     
    #17     Jan 8, 2018
  8. Chris Mac

    Chris Mac

    WRONG, "part art part science" Lougar ! Again you talk you talk and you know nothing !
    CIS and BNF day trade japanese stocks for years, and some international futures.
    ZERO swing trade.
    It's better to remain silent and be thought a fool than to speak out and remove all doubt

    CM
     
    #18     Jan 8, 2018
  9. Calm down, angry bitter failed trader. Don't take your frustrations out on me.
    There's so many jumpy, anal people here.

    I mentioned day trading, and overnight, and maybe swing...because whatever little information there is on CIS and BNF...it briefly mentioned those things vaguely years back. If I recall, they both started out with stock, but then traded the broad index only. They kind of had to, they got too huge.
    Swing by definition is more than one day, or just overnight...I think CIS did some trades longer than just those holding periods.

    The bottom line, compounding is a powerful thing. It's bigger than the atom bomb dropped on the Japanese.
    If you were dropped in an ocean, you can create a small tidal wave...if you have the trading skill. Devastating killer tidal waves can't be created in swimming pools or lakes.
    Make Trading Great Again 2018...High-Five` :confused:
     
    Last edited: Jan 8, 2018
    #19     Jan 8, 2018
  10. Chris Mac

    Chris Mac

    CIS and BNF apply same strategy : buy/short at the opening stocks with huge interest and take profit fast. And yes, compounding is a powerful thing, I agree. CIS started with 10 000 dollars 15 years ago. But this is another subject

    CM
     
    #20     Jan 8, 2018