BofA discussing about 40,000 job cuts: report - News and Current Events | futures io social day trading
futures io futures trading


BofA discussing about 40,000 job cuts: report
Updated: Views / Replies:670 / 1
Created: by kbit Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

BofA discussing about 40,000 job cuts: report

  #1 (permalink)
Elite Member
Aurora, Il USA
 
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
 
kbit's Avatar
 
Posts: 5,872 since Nov 2010
Thanks: 3,301 given, 3,332 received

BofA discussing about 40,000 job cuts: report

BofA discussing about 40,000 job cuts: report | Reuters

Reply With Quote
 
  #2 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,240 since Jun 2009
Thanks: 29,356 given, 83,237 received

Yeah I read about this late yesterday... very sad news for those employees, but I think BofA's business model has been flawed for quite some time.

I don't know about you, but there are about 30 banks in a 3-4 mile stretch of a busy road near me. It is just insane. A bank on every corner makes no sense to me. This isn't fast food or gasoline.

And their purchase of Countrywide... no words for that...

So, I am sorry to see 40,000 lose their jobs, but it is only the beginning most likely. BofA may be too big to fail, but they aren't too big to make stupid decisions which lead them to insolvency.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following user says Thank You to Big Mike for this post:

Reply



futures io > > > > BofA discussing about 40,000 job cuts: report

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
European bank job 'bloodbath' hits 67,000 kbit News and Current Events 0 August 24th, 2011 06:22 PM
Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job kbit News and Current Events 2 July 4th, 2011 08:55 PM
Job Cuts Fall 12% to 2011 Low: Challenger Report Quick Summary News and Current Events 0 May 4th, 2011 09:00 AM
Job Creation at Anemic 36,000, but Rate Drops to 9.0 Percent Quick Summary News and Current Events 0 February 4th, 2011 10:10 AM
Planned Job Cuts in January Are the Lowest on Record Quick Summary News and Current Events 0 February 2nd, 2011 08:40 AM


All times are GMT -4. The time now is 07:20 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-18 in 0.08 seconds with 19 queries on phoenix via your IP 54.163.209.109