Forum: Traders Hideout
September 2nd, 2012, 10:22 AM
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Replies: 37
Views: 25,992
Amen brother...
both a blessing and a curse. Especially true for the guys that can not adopt a trading personality and a rest of life personality. I evaluate everything from a cba perspective and look at risk...
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Forum: Traders Hideout
September 1st, 2012, 08:31 AM
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Replies: 37
Views: 25,992
It should be noted...
that every one of those people on the UBS desk is 1) an employee 2) on the same team 3) gets paid a salary 4) to a person does not risk a penny of their own money in their daily vocation. If you do...
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Forum: Traders Hideout
August 20th, 2012, 12:15 PM
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Replies: 37
Views: 25,992
Jedi...
is right that order flow was the primary, or at least a primary edge for may on the floor. For me it was not a scalp as much as it was an arbitrage.
The "usual" scalp for me was based on the...
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Forum: Traders Hideout
August 20th, 2012, 09:22 AM
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Replies: 37
Views: 25,992
@Fat Tails
I see your question and I will love responding to you for a change. That which you copied to the thread is just about the perfect "textbook" for the pricing method that I was referring to. Let me...
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Forum: Traders Hideout
August 20th, 2012, 09:13 AM
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Replies: 37
Views: 25,992
IDK..
if anyone can make money that way anymore. The spreads are pennies and expenses are too high. There is just no edge most of the time even for the floor guy.
My DPM (direct primary market maker)...
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Forum: Traders Hideout
August 20th, 2012, 06:59 AM
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Replies: 37
Views: 25,992
No need to ask...
anyone else. Fat Tails is exactly correct.
On the trading floor...at least in my time, prior high, low, open, close, floor trader pivots. His comments on the noise level as a audible cue is...
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