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emg

Market Wizard
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Everything posted by emg

  1. order cancel. missed by 6 ticks
  2. plan on going long 1336.50
  3. order cancel..............
  4. order pending................
  5. plan on going long 1344.25
  6. Here is an interesting article: Sorry, but women can’t trade 8 March 2011 As it’s International Women’s Day and everyone’s bemoaning the fact that women don’t have a better deal in life, I’d like to make a brief point: I have tried to employ women as traders; it doesn’t work. Much as it pains me to say so, the reality seems to be that women can’t trade prop. Show me a woman who’s a competent prop trader. I’ll show you a man in disguise. I have tried very hard to disprove this theory. I have hired plenty of women. None of them have ever stuck at it. They all started off in a very conscientious and analytical manner and were very keen, but after two or three months it was all over. Why? I blame two things: emotion and boredom. When a woman trades, it doesn’t take long before she becomes emotionally involved in what she’s doing. She loses the discipline that’s needed to make money consistently. She fails to maximise profits and fails to minimise losses. She also becomes bored. Staring at a screen all day doesn’t seem to offer the mental stimulation that a woman requires. Women need interactivity. In my experience, they’re better at relationship-based trading. When it’s just them and the screen, it doesn’t work. I wish this wasn’t the case. I wish I didn’t have to be the one to point it out. But someone needs to. This isn't a qualitative judgement. In this industry, performance is measured very simply in terms of P&L. I have given a lot of female traders a chance. None of them have taken it. The author is an anonymous (male) prop trader.
  7. plan on going short 1361.75
  8. plan on going long 1348.75
  9. think about this: if you are a woman, the odds are higher a woman will fall in the 90% catagory. If you are 21 years old, the odds are higher he/she will fall int eh 90% catagory.
  10. plan on going long 1340.25
  11. u the moderated in this "The Candlestick Corner All about candlesticks. Moderated by brownsfan019." cmon!! is this a joke? i would expect u to be promoting your platform and i bring misery to traders.
  12. What demographics is most likely to lose in trading? #1 Women/Female Women are the worst traders ever! However, there are 2 kinds of women: Dyke and barbie doll women. Dyke is most likely to become a successful trader than a barbie doll women. Dyke has balls to trade large quantities. #2 Age 18-30 years old In this group, they are proud to become an adult. They are proud not to live at home with their parent. They are not married or are in the process of getting marry and will do anything to have fun (bars, nightclub vegas, drugs, etc etc etc). They have limited income and look at trading as gambling. These people will most likely to start trading less than $5000. Can't blame them due to limited income. #3 Blue Collar workers In this group, most of them do not have college degree. These group falls in the lower middleclass and lower class. Blue collar define as: A blue-collar worker is a member of the working class who typically performs manual labor and earns an hourly wage. Blue-collar workers are distinguished from those in the service sector Majority of this group search for the holy grail system through google search. #4 Age 65 years old and up In this group, they are retired after 40 years of working and looking to have fun (enjoy life). Majority of this group are the victim of getting scam by the 3rd party educational vendors. #5 Age 30-55 years old In this group, most are in the process of changing career and look at trading as get rich quick after reading many books like soros, warren buffet, etc, etc. They dream of sending their kids to havard. They dream of owning a yacht. They dream of trading at home instead of working at an office. However, it is this group has a higher chance of becoming a successful traders vs others above. They are matured. I am looking for a good answer. Bring them up!!
  13. out. 2 ticks loss...............
  14. order pending............
  15. plan on going short 1351.25
  16. emg

    FOMC Today

    CNBC (Live) on Justin.tv watch cnbc on internet tv
  17. http://www.marketwatch.com/story/warning-are-commodities-about-to-crash-2011-04-27 I do not believe commodities will crash. With the usd going down, Qe2 is almost done, high unemployment rate, china and india economies are booming, and low interest rate, we at the beginning of the "Great Inflation." Let the debate begins!
  18. here is an advice why emini sp is hard to trade: 1) Under capitalized. The minimum to trade in the futures market is $100K and begin 1 contract. if begin less than $100K, it gets harder to trade. After all, we are dealing and trading with margin. it is not like stocks where u buy and own it. 2) Of course u know the funds are controlling the es and are winning while more than 90% of small traders are losing, If u want to win the game, join the house. Why stick with more than 90% of losers group. More to come.
  19. http://www.marketwatch.com/story/imf-bombshell-age-of-america-about-to-end-2011-04-25 This is what i think will happen: When China becomes the world largest economy: 1) USA and Canada will begin forming under single currency. 2) USA will create a free trade zone similar to NAFTA in south america . 3) EU will begin aggressive campaign expanding in the Black Sea countries 4) Japan, Australia, and New Zealand will form somekind of pact or free trade zone. Lets the debate begins!
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