How, literally, do the non-retail entities trade?

Discussion in 'Trading' started by CyJackX, Sep 29, 2016.

  1. pinetboltz

    pinetboltz


    good stuff here guys...the fiji waters must keep them well hydrated.

    also not to be too skeptical about the level of access the fortune magazine reporters had, but is this his actual working desk? (ie. not a stand-in spot for the photo)

    bc:
    - the setup seems kind of underwhelming, to be honest -- 4 screens for quotes, +1 for chat, +1 for charts..and the charts seem kind of basic

    - not much paperwork, hard copy publications, stationery, notebooks for jotting random notes, etc -- the paperless office trend is going strong, but somehow the desk doesn't look very 'settled in' by someone who supposedly trades obsessively

    -for someone who generates that much alpha, and has a reputation for being secretive, he seems quite casual about letting reporters photograph that entire screen setup...if it were you, wouldn't you put up the windows screensaver, instead of showcasing the entire display?
     
    #21     Oct 26, 2016
    Occam likes this.
  2. dealmaker

    dealmaker

    At some point you have to accept the information provided as true and take it from there...
     
    Last edited: Oct 26, 2016
    #22     Oct 26, 2016
  3. Sig

    Sig

    They also have a ticker running around the room. Not sure that makes them better traders or if they ever even look at it at all, guessing not.
     
    #23     Oct 26, 2016
  4. tlatoani

    tlatoani


    Oh my! I guess we can assume he also trades off the old fashion ticker with the huge names on it going around the room in the picture?? I see you drank the kool aid!

    That is clearly a posed picture in front of retail looking platforms-- he may even be photoshopped onto the seat. Remember, its called MARKETING-- don't believe the hype.
     
    #24     Oct 26, 2016
    Sig likes this.
  5. dealmaker

    dealmaker

    I have seen that at quite a few institutions, I am guessing only the older guys look at that if at all.
     
    #25     Oct 26, 2016
  6. dealmaker

    dealmaker

    I don't mean to defend Stevie Cohen but he is not going after your money IE he is after institutional money and most institutions had stayed with him even when he was under scrutiny because he can deliver alpha thus he doesn't need to photo-shop for our benefit...
    Very impressive just joined Monday and already an expert....
     
    #26     Oct 26, 2016
  7. newwurldmn

    newwurldmn

    I think they put it for ambience. Like CNBC does.
     
    #27     Oct 26, 2016
    dealmaker likes this.
  8. ken__0

    ken__0

    I always wondered about this . Is this possible ?
    Some entity calls or messages a guy or gal on the floor and they say hey I want this and this at this ... do you accept it or not at xyz range . The guy or gal says yeah , he either works it in during the day moving the market all of a sudden and real quick or shows it in tape right at the close not effecting the market at all . Both maybe. Now we have the guy or gal on the floor front running the big order . Seems like its the way it was setup . They both make money and we need to watch out for it :)
     
    #28     Oct 26, 2016
  9. Robert Morse

    Robert Morse Sponsor

    Not sure why you think he has to impress anyone. I expect this is his desk and this is REALLY his home. I've was at the SAC offices twice in the 90's, but only saw a conference room.

    upload_2016-10-26_20-29-6.png
     
    #29     Oct 26, 2016
    dealmaker likes this.
  10. ken__0

    ken__0

    Can you comment on my theory.
     
    #30     Oct 26, 2016