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The Really Useless Thread

  • #16,901
  • Sep 22, 2011 11:48pm Sep 22, 2011 11:48pm
Quoting kenfen69
Makes perfect sense!

It was just that last night...it seemed like something very, very heavy was going on when you guys were discussing it. Sounded like there were all types of "squeeze" about to be inflicted.

Yea, I cant tell you how many accounts I saw the same thing happen, over and over again. Start out trading bondos and spooz, then the CAD, corn, and sugar, then down to mid am grains...the mid am was your last stop, before you faded into the sub 100 balance....
Look Sharp/Trade Tight
  • #16,902
  • Sep 22, 2011 11:48pm Sep 22, 2011 11:48pm
Quoting Magix
Really gotta be more attentive to trades, maybe not as much on replies...

Boring!



I honestly can't count the number of times, pips, dollars or euros...that I've missed out, or messed up, because of yammering here. I could never work a real desk. I like it quiet in my room, but noisy at my fingers!
  • #16,903
  • Sep 22, 2011 11:51pm Sep 22, 2011 11:51pm
Quoting kenfen69
Makes perfect sense!

It was just that last night...it seemed like something very, very heavy was going on when you guys were discussing it. Sounded like there were all types of "squeeze" about to be inflicted.
Nah, it was just that just before the announcement, I was seeing 2500/cont. on a trade that went on, and when it came time to take it off, it was double that. That was like 240 ticks up; nearly the full margin, which meant that a short put on at the 2500 was then way under water on the full.

What happened, obviously, was they pulled the day trade margin, which I never even knew I had, which was a "duh" given the market.

Nice bounce off the 200m5.
  • #16,904
  • Sep 22, 2011 11:52pm Sep 22, 2011 11:52pm
Quoting OldQuant
Jes cool, mahn.
Two questions...

1- Is kill56 visiting west Texas?

or...

2- Have you taken that recci mission to Ecuador?

  • #16,905
  • Sep 22, 2011 11:53pm Sep 22, 2011 11:53pm
Quoting PayTheLimit
...that shit adds up when your shredding yourself...
Or...

Adds up ON TOP of shredding yourself!
  • #16,906
  • Sep 22, 2011 11:53pm Sep 22, 2011 11:53pm
last weeks low there at 99...
Look Sharp/Trade Tight
  • #16,907
  • Sep 22, 2011 11:55pm Sep 22, 2011 11:55pm
Quoting kenfen69
Or...

Adds up ON TOP of shredding yourself!

yea, true, on your loosing days, you where always like, what, I'm paying how much in commish, those bastards...
Look Sharp/Trade Tight
  • #16,908
  • Sep 22, 2011 11:56pm Sep 22, 2011 11:56pm
Quoting PayTheLimit
Yea, I cant tell you how many accounts I saw the same thing happen, over and over again. Start out trading bondos and spooz, then the CAD, corn, and sugar, then down to mid am grains...the mid am was your last stop, before you faded into the sub 100 balance....


Dayum...sounds painful...like a wonderful waterslide with razor blades appearing the lower you get.

Tell me this, mofo... How do you know about Prince George, BC? Is that really a requirement for someone on the desk, or you just like to know what you know, because then you KNOW it?
  • #16,909
  • Sep 22, 2011 11:56pm Sep 22, 2011 11:56pm
Quoting PayTheLimit
Yea, and then some. I think when I left the desk, we where chargin 20 bucks round turn, with fees...that shit adds up when your shredding yourself...
No way a noise trader can fight that in the long run. It's the green zeros on the roulette wheel. However slowly, they take it all.
  • #16,910
  • Sep 22, 2011 11:58pm Sep 22, 2011 11:58pm
Quoting OldQuant
What happened, obviously, was they pulled the day trade margin, which I never even knew I had, which was a "duh" given the market.
OK...good to know. Because when you're scratching your head on something that you could, literally, school me on...well...

  • #16,911
  • Sep 23, 2011 12:01am Sep 23, 2011 12:01am
Quoting PayTheLimit
I'm paying how much in commish, those bastards...
Never lose!

Part of what makes'em what they are!

I do love the opportunity they give me, though. Happy to pay...most days!

Bastards! Bastardos even!
  • #16,912
  • Sep 23, 2011 12:03am Sep 23, 2011 12:03am
Quoting kenfen69
Two questions...
Big fan of the islands. And of reggae. I was embarrased I didn't know Jimmy Cliff, but I couldn't play You Tube on that old machine is my only excuse.

I'm not going to be able to stay long enough to make a decision regarding shorting this thing. The 200m5 rejection wasn't that strong, but I don't want any more here. Just going to put the limit in again over 36 and get it or be happy with what I've got.
  • #16,913
  • Sep 23, 2011 12:06am Sep 23, 2011 12:06am
Quoting kenfen69
How do you know about Prince George, BC?
He knows that because he wasn't a lumber trader. He was a sawdust in his socks lumber trader.
  • #16,914
  • Sep 23, 2011 12:06am Sep 23, 2011 12:06am
Quoting kenfen69

Tell me this, mofo... How do you know about Prince George, BC? Is that really a requirement for someone on the desk, or you just like to know what you know, because then you KNOW it?
just like I know Buckhorn, Stoner, Stanley, Kamloops, and Frasier...if you trade lumber, you gotta know some people in BC...

Prince George is an important starting point for deliveries, lots of deliveries and prices are quote using that as a starting point...
Look Sharp/Trade Tight
  • #16,915
  • Sep 23, 2011 12:07am Sep 23, 2011 12:07am
Quoting OldQuant
Big fan of the islands. And of reggae. I was embarrased I didn't know Jimmy Cliff, but I couldn't play You Tube on that old machine is my only excuse.

I'm not going to be able to stay long enough to make a decision regarding shorting this thing. The 200m5 rejection wasn't that strong, but I don't want any more here. Just going to put the limit in again over 36 and get it or be happy with what I've got.
We are below support now, but my M5 is starting to look topside hungry...

We should just hammer into full on sales mode according to the M1 though, at least to double tap new support...
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #16,916
  • Sep 23, 2011 12:10am Sep 23, 2011 12:10am
Quoting PayTheLimit
Yea, I cant tell you how many accounts I saw the same thing happen, over and over again. Start out trading bondos and spooz, then the CAD, corn, and sugar, then down to mid am grains...the mid am was your last stop, before you faded into the sub 100 balance....

I am one of them, damn you stop loss!


whats number 1 reason for failing though? have to be SL...
  • #16,917
  • Sep 23, 2011 12:11am Sep 23, 2011 12:11am
Okay, the limit's in. I could put in some complicated OCO MIT order below here, but with my record of late, all that would happen is I'd end up being long soybeans or something. So this is de plan.

Bid this thing up there and then dump it.

Good night.
  • #16,918
  • Sep 23, 2011 12:14am Sep 23, 2011 12:14am
Quoting OldQuant
He knows that because he wasn't a lumber trader. He was a sawdust in his socks lumber trader.

Quoting PayTheLimit
just like I know Buckhorn, Stoner, Stanley, Kamloops, and Frasier...if you trade lumber, you gotta know some people in BC...

Prince George is an important starting point for deliveries, lots of deliveries and prices are quote using that as a starting point...
Fakkin' A...the pair of you!

Assets!

  • #16,919
  • Sep 23, 2011 12:15am Sep 23, 2011 12:15am
Quoting kenfen69
Fakkin' A...the pair of you!

Assets!


useless assets...
Look Sharp/Trade Tight
  • #16,920
  • Sep 23, 2011 12:15am Sep 23, 2011 12:15am
Quoting OldQuant
Okay, the limit's in. I could put in some complicated OCO MIT order below here, but with my record of late, all that would happen is I'd end up being long soybeans or something.


Sleep well, my friend.

Take care.
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