Our best AM Idea for today, which we highlighted in our AM Meeting is to get long CTSH as long as it is holding above 76.50. Saved from carnage by 1 cent. hod 76.49 then tanked to 75 My condolences to their 'students' Once they move on to options, you know they are desperate.
They got that one backwards didn't they? It would have been brilliant had they posted: Our best AM Idea for today is to get short CTSH as long as it is holding below 76.50. <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=3081151">
Yeah its not bad. Some of the stuff about 'how a prop firm works' 'how you get an interview' etc was a bit boring and I didn't get anything out of that stuff. However the stuff about actual trading and the chapters describing some of the traders was really good stuff. Overall I liked the book... would recommend it... but its not better then say Market Wizards or the other classics
"Our best AM Idea for today, which we highlighted in our AM Meeting is to get long JDSU above 22.00" Instant loser on the open. Maybe we should just fade these clowns and bank. How much do they get for "training"?
Dudes, any 1/2 assed wall streeter can write a book and look brilliant in print when they don't have to face real time quotes. The only skills that matter are those used in the heat of battle.
PropMTL - Yea, some parts are good entertainment, I was pleasantly surprised. I'd also say it's pretty well put together and left me with a more positive view on SMB than I had previously. stock777 - Not sure anyone here is passing the book off as brilliance, just wanted to see people's take on it, for better or worse.
I liked reading the book. It's more like shop talk at lunch than a "how to manual." You probably won't learn that much about trading from it except that they trade "stocks in play" and watch the tape. You'll have to pay much more to see how they "play." If you "try" their services, you must sign a non-disclosure agreement. I decided not to try their services, so I can't say if they're great or not. I have tried several trading rooms and was disappointed in all of them. On the days that I listened, they were either losing or barely scraping by. I won't mention any names.