Just Play the Game
Article :
April/May 2006
Losses and cold streaks need not shake your confidence -- as long as you're making good decisions.
> read more
Trade Vintage Cars
Article :
April/May 2005
For fun and profit, a classic chassis is tough to beat
> read more
Emotional Rescue
Article :
February/March 2006
Many so-called experts argue that the best traders in the world
are steely, dispassionate and entirely able to wall off their feelings. Don't believe the hype.
> read more
Black Market
Article :
December 2005/January 2006
Written off as a relic of the industrial revolution, coal not only remains a viable fuel -- it still trades. Why this rock might soon get on a roll.
> read more
Nightmare on Wall Street
Article :
October/November 2004
When traders dream, bad things happen. The dream doctor is in. Sleep tight.
> read more
Limit Your Losses, Extend Your Wins
Article :
June/July 2005
I've made a lot of money riding hot streaks, but it's just as important to recognize when to walk from a cold market
> read more
Time to Concentrate
Article :
June/July 2005
Everyone knows not to put all your eggs into one basket. But when do many baskets become too many baskets?
> read more
Juiced Up
Article :
June/July 2005
Roger Corrado has earned millions during a quarter-century in the NYBOT orange-juice pits. We put the squeeze on him for his top trading tips
> read more
Pretty Patterns
Article :
April/May 2005
Tells are overrated. In poker, as in trading, correctly reading repetitive patterns can lead to great profits
> read more
Winning From the Sidelines
Article :
October/November 2004
Sometimes the most profitable trades are the ones you don't make. I once guaranteed myself $250,000 by doing nothing
> read more
Long-Term Game, Long-Term Gains
Article :
December 2004/January 2005
Fluctuations, unlucky streaks: None of it matters if you're in the right game, avoid getting caught up in the short-term and always play tough
> read more
Making Money From Nothing
Article :
February/March 2005
Whether you're trading or raising, your smartest plays can come when the odds are against you
> read more
Need Sensitive Information In a Hurry?
Article :
February/March 2005
Trading Places' Clarence Beeks is at your service
> read more
Need Sensitive Information In a Hurry?
Article :
October/November 2004
Trading Places Clarence Beeks is at your service
> read more
Need Sensitive Information In a Hurry?
Article :
December 2004/January 2005
Trading Places' Clarence Beeks is at your service
> read more
Wake-Up Calls
Article :
April/May 2005
When traders dream, bizarre and terrible things happen. But fear not, for the Dream Doctor is in. Sleep tight
> read more
Hong Kong King
Article :
April/May 2005
Rickey Cheung is among the hottest traders in Asia today and runs one of the most exclusive seminars on earth. Consider these five rules on the house
> read more
Greenback Attack
Article :
April/May 2005
The American dollar might be weak, but trading the once-dominant currency will require some strength
> read more
Will Work-Related Stress Kill Me?
Article :
April/May 2005
Advice for avoiding a work-induced heart attack
> read more
Need Sensitive Information In a Hurry?
Article :
April/May 2005
Trading Places' Clarence Beeks is at your service
> read more
Analyze This
Article :
February/March 2005
When traders dream, bizarre and terrible things happen. But fear not, for the Dream Doctor is in. Sleep tight
> read more
Total Recall
Article :
February/March 2005
Last year's lessons become this year's profits, if you're in the right frame of mind to remember what you learned
> read more
Strictly Taboo
Article :
February/March 2005
Separating bunk from brilliance requires the wisdom to know the difference -- and a healthy dose of skepticism
> read more
Big-Picture Player
Article :
February/March 2005
Michael Palumbo came from nowhere to become one of Chicago's most profitable prop traders. Here are five reasons why
> read more
Paired Up
Article :
February/March 2005
One of Bright Trading's brightest stars sheds some light on his aggressive pairs-trading strategy
> read more
Electrogusher
Article :
February/March 2005
Want to trade crude oil like the big boys? Some slick opportunities are a hop, skip and e-miNY away
> read more
Will Bingeing Tank My Liver?
Article :
February/March 2005
Advice for saving your liver -- and your brain
> read more
21 Club
Article :
February/March 2005
The ins and outs of blackjack tournaments
> read more
How To Trade Art
Article :
February/March 2005
High-end works can net you handsome profits -- more easily than you think
> read more
You Must Be Dreaming
Article :
December 2004/January 2005
When traders dream, bizarre and terrible things happen. but fear not, for The Dream Doctor is in. Sleep tight
> read more
Hot Streak
Article :
December 2004/January 2005
What can Allen Iverson, the Detroit Pistons and other hoopsters teach you about trading? A lot when you're mired in a slump
> read more
Risk Is Your Mistress
Article :
December 2004/January 2005
Understand that fact, and you're more likely to trade successfully -- with your manhood intact
> read more
Gleaming the Cube
Article :
December 2004/January 2005
When traded right, the QQQ is the market on speed -- and the best way to bet tech
> read more
Will Testicular Cancer Kill Me?
Article :
December 2004/January 2005
Why fiddling with your package could save your life
> read more
Master Video Poker (Part 2)
Article :
December 2004/January 2005
An ongoing lesson in beating Las Vegas at its own game
> read more
How To Start a Wine Cellar
Article :
December 2004/January 2005
Putting together a decent collection can prove fun for your tongue -- or wallet
> read more
The Mental Edge
Article :
October/November 2004
It's good advice for pitchers, and good advice when you get gun-shy with your trading
> read more
Decent Exposure
Article :
October/November 2004
The most elegant concept in trading is also the most ignored. Playing your P/L can help you break on through
> read more
Cash of The Titans
Article :
October/November 2004
Around the clock, around the world, nothing capitalizes on global interest-rate volatility better than Eurodollar futures contracts
> read more
Will My Heart Palpitations Kill Me?
Article :
October/November 2004
How to tell a benign surge from a dangerous palpatation
> read more
Weekly Street Sentiment for May 12
Posting :
First Coverage
:
05/12/2008
Derived from the aggregated analysis of thousands of actual trade ideas and data being sent in real-time from the sell-side to the buy-side, the First Coverage Weekly Street Sentiment provides a snapshot of market trends and a unique perspective of the mindset of the Street for the week ahead. The following data has been extracted directly from all information transmitted in the past week by sell-side representatives from more than 250 firms submitting information to portfolio and asset managers across North America via the First Coverage platform.
> read more
And Now, A Word From The Back Office...
Article :
May 2008
Signaling the rash of job cuts stalking the financial community is beginning to singe even the most devout workers – you know, the ones who got up early, kept their heads down, never fussed, put their backs uncomplainingly to the grind (not to mention refraining from brown-nosing, water-cooler gossip and all office-politicking, and are beginning now to think the better of it) – this open letter from one fallen Bartleby stands as an ominous warning of what happens to those who come to Wall Street with stars in their eyes.
> read more
Risk/Reward: Dig It
Article :
April 2008
Perry Capital product David Sackler avoids peril by following the advice of his famous former boss: Drill down deep.
> read more
Engineer looking to move into trading career
Posting :
Trading
:
04/22/2008
> read more
Handling Hot Tips
Posting :
Raymond Lee
:
04/16/2008
Supertraders swapping ideas on hot tips.
> read more
How Can Suze Orman Be So Wrong?
Posting :
Rod David
:
04/01/2008
Financial guru Suze Orman was Oprah Winfrey's guest yesterday. Don't get me wrong - I don't watch the show. Please. I'm not that shallow.
Where was I? Oh, right. So Dr. Phil had just wrapped up another excellent broadcast (the man is a genius) and the TV was still on. Here comes Oprah, with today's show titled "Emergency Money Questions with Suze Orman." Now, I happen to know a couple of things about money, questions and answers, so I'm not really interested. Not at first.
And then Suze starts talking...
> read more
Risk/Reward
Article :
April/May 2008
Perry Capital product David Sackler avoids peril by following the advice of his famous former boss: Drill down deep.
> read more
Big In Japan
Article :
March 2008
He is not a Liverpool rock band from the 1970s. He’s not even worth that much money – yet. He is Tadashi Mukai, the trader who outperformed all other hedge funds of his ilk in Japan last year by taking a unique tack: researching analysts instead of companies. May we present the million-dollar man and his mint-making methods?
> read more
Goldman: You’re Dismissed
Article :
March 2008
According to The New York Post, this may be what Goldman plans to say to a not-so-insignificant portion of its work force. (But remember, this is the Post we are talking about here: generally not the shining beacon of accuracy; yet, its reporters do get poached by The Wall Street Journal, so we’re at sixes and sevens about what to think.) That said, given the current mood on Wall Street, there’s a lot of reason to believe that for many, this may be a not-so-good Friday.
> read more
Think Big
Posting :
Raymond Lee
:
03/13/2008
Tired of listening to your Risk Management Department preach about minimizing risk? Then try this.
> read more
Prime Cuts
Article :
March 2008
The simmering steak and the celebratory trader: You cannot have one without the other. (What else would you consume to mark an historic market killing? A tofu salad and a Tab?) Here’s how to tackle both arenas in style.
> read more
Burned Alive
Article :
February 2008
OK, we are not trying to be the bearers of bad news, but you should know this: remember that idea some banks had awhile back that municipalities should issue auction-rate bonds in combination with interest-rate swaps? Well, that one was a real bad egg.
> read more
Any advice for a future trader?
Posting :
Trading
:
02/21/2008
> read more
Words of wizdom from the people who know better
Posting :
Trading
:
02/18/2008
Help and advice would be great, thank you for your time in advance. ( Sorry for the drawn out post)
> read more
Fall Guy For Trading Losses
Posting :
Raymond Lee
:
02/06/2008
When Societe General "suddenly discovered" recently that it lost $7-Billion USD, it blamed its loss on a low level employee. Maybe he did it and maybe he didn’t. Is he guilty or is he merely the victim of office politics?
> read more
Expect The Unexpected
Article :
February 2008
Chinese astrologer Tony Tan, a former broker at DBS Securities, made money for his clients during 2007 by telling them Asian equity markets would turn in ``peak performances'' in the Year of the Pig. Guess what he's predicting for 2008, the Year of the Rat?
> read more
Prime Cuts
Article :
February/March 2008
The simmering steak and the celebratory trader: You cannot have one without the other. (What else would you consume to mark an historic market killing? A tofu salad and a Tab?) To commemorate this time-honored union, we outfitted the maître d’s at Manhattan’s most venerable steakhouses in a few of this season’s finest suits — and received, in return, their expert advice, both epicurean and sartorial.
> read more
Spaghetti Hits Fan, But Fibonacci Lady Didn’t Sing
Posting :
Raymond Lee
:
01/30/2008
In mid-to-late January, as tons of spaghetti hit the fan and the stock indicies worldwide, I turned to two items in my personal library for advice.
> read more
Never Fight The Tape
Posting :
Larry Levin
:
01/22/2008
Instead of writing about today’s market action I thought I would tell you about some observations/experiences I have had recently that all have a common theme: Buy now, the low is in.
> read more
More Dirty Gossip
Article :
January 2008
Because you like it, and you like liking it. Ready? Two well-capitalized traders made a bet last year on which market sector would be the hottest for 2007. One of them wagered financial services. The other favored oil and gold. We clearly know which side won, but it turns out the bet (which was for $50,000) was made on the air, as the two men also happen to be big-time TV personalities. So who was the victor – and who went down in televised flames?
> read more
But the Oracle Said It Was OK…
Posting :
Jonathan Uretsky
:
01/16/2008
Opening statements were held today in federal court in Hartford, Connecticut in a case where the government is prosecuting a number of former executives of Berkshire Hathaway’s General Re insurance business over a reinsurance deal that dates back seven years.
> read more
Gambling Tips For 2008
Article :
December 2007
The start of a new year is always a good opportunity to take stock and work out where you can make more (or lose less) from your gambling benders. Here are five resolutions, culled from the experts, guaranteed to improve any bettor's performance.
> read more
Beef On Bonuses
Article :
December 2007
The play-by-play of how Wall Street's end-of-year bonuses climbed 14%, even as shareholders got steamrolled by the worst declines since 2002 and were forced to swallow the shabbiest earnings in almost a decade. We pretty much know who didn’t make out like a bandit. Now, for those who did...
> read more
2007 Holiday Gift Guide
Posting :
Jesse Kornbluth
:
11/30/2007
There are holidays to visit the Bentley dealer, but this doesn't feel like one of them. For all but the top half-percent, the dominant vibe this season is caution and frugality. The hot gift, I read, is large, flat-screen TVs. Runner-ups: iPods, cell phones and jewelry. And then, I guess, the gift cliche: sweaters.
> read more
DealmakerDaily.com: Meet the 2007 Rainmakers
Article :
November 2007
With this year destined to go down as one of the most volatile in recent M&A history, a few select names weathered storms spectacularly well. When a deal needed to get done amid intensified shareholder activism and credit-market calamity, who got the call? We've sorted through hundreds of peer nominations to compile the most prestigious list in investment banking.
> read more
Market Rally Ain’t Over Until The Fibonacci Lady Sings
Posting :
Raymond Lee
:
11/27/2007
The recent downtrend in the stock market indicies could give the impression that there’s no end in sight to the downtrend until well after year-end. But cheer up! It ain’t over until the Fibonacci lady sings.
> read more
Firms still recruiting MBA's for '08 S/T programs?
Posting :
Trading
:
11/24/2007
Looking for help targeting firms still recruiting for S/T programs for MBA '08 graduates
> read more
Test: Are You A Psycho?
Article :
November 2007
Or do you just have the makings of a great trader? (As we know, the two are so close on the food chain.) Seems that psychological testing is alive and well at many of the top firms. But can you “study” for their exams? Are they legit? How do you cheat? And who do they really benefit – them or you?
> read more
Friday Levity: Divorce Fair!
Article :
October 2007
Ride the merry-go-round of broken romance, find the top detective to root around in your spouse’s skeleton-rife closet, discover the handy-dandy beauty of the DNA test and, in short, have a gay-all time. It’s not too late to fly to Vienna now for the weekend…Just tell your mate what you always tell them: it’s only business (heh, heh, divorce business).
> read more
The Mighty Crash: Touring The Ruins
Article :
October 2007
Even if you are sick unto death of hearing about the 20th anniversary of Black Monday (which we are and which, incidentally, happens to be today) we are going to beat you about the head with it anyway. Because if we have to hear about it, you do, too. And because we are sadistic like that. But you like it. All innuendo aside, in a global market where no one ever seems to learn much of anything, were any lessons learned that fateful day? And, historically, does buying on the dips really work when things go pear-shaped?
> read more
Flavor Of The Moment
Article :
October 2007
Looks like all the newspapers and Web sites that constantly read each other’s stuff have decided today’s Hedge-Funds-Are-In-Play Day. As such, we feel torn between offering up some tidbits and pooh-poohing the whole thing, because it’s sure to be overblown (as usual) and a slow news day (alack and alas, no more funds blowing up). In any case, here’s the latest fund to hit the auction block.
> read more
A Human Portfolio
Article :
October 2007
As the markets were melting down in 1987, hedge-fund pioneer George Weiss began eschewing undervalued securities for
undervalued children, guaranteeing college tuition to hundreds of inner-city kids. Twenty years later, has he made a difference?
> read more
Northern Rock Shares Rocked (Again)
Article :
September 2007
It's not looking like Northern Rock is going to get acquired anytime soon, and even worse some are starting to wonder whether or not the bank will be able to pay its intermim dividend. What's more, three hedge funds have reportedly discussed plans to dismantle the bank. All of this adds up to a very poor showing in the market yesterday, with Northern Rock's shares losing over 11% by the time the market closed yesterday. You likely should not be holding your breath for that takeover, either. Gordon Scott of Fitch Ratings said, "It depends on how markets evolve and how markets normalise."
> read more
Hunter's Cold Comfort
Article :
September 2007
While it should be reassuring that an explosive trader like Brian Hunter is not able to get enough cash together to start a new hedge fund – after sinking the last one – we're still a little disappointed to hear about his plan B. (Like, wasn't the Wild West probably a lot more boring after Jesse James?) Click here to find out where he ended up.
> read more
Trading
Posting :
Trading
:
09/14/2007
> read more
Lazard In Switzerland
Article :
September 2007
Lazard, the investment bank headed by Bruce Wasserstein, has been on a tear in Europe. Just last week they announced that they were hiring Ken Costa from UBS so he could manage Lazard's London office. Yesterday, it was reported that Lazard is also opening an "outpost" in Switzerland. It will be managed by Rolf Bachmann of McKinsey & Company. According to DealBook, Bachmann's strength lies in his knowledge of M&A.
> read more
Need Advice on Possible Fraud on Prop Trading
Posting :
Social Connections
:
09/06/2007
> read more
'Downside Risk Omninous'
Article :
September 2007
The global economy's wings have been clipped, according to the OECD, which also had a gentle piece of advice for the Fed today.
> read more
Divorce Bull Market Nigh?
Article :
August 2007
With the market in a tizzy and bonuses across Wall Street on the chopping block, the down-low on what sort of advice divorce lawyers are offering the upwardly mobile on cutting their losses. Reader beware – it’s not pretty.
> read more
The Sky’s Falling!
Posting :
Raymond Lee
:
08/27/2007
Thanks to the worldwide market crash of August 16, 2007, books about an imminent world-wide recession or depression will soon become bestsellers.
> read more
Rose To Blackstone
Article :
August 2007
This is developing into a nice little drama. Blackstone's taken on Goldman's former PR guy, Peter Rose. It's been rumored that Blackstone and Goldman have been enduring a riff as buyout competition has gotten tighter, and maybe because Goldman has some bitterness that Blackstone's significantly smaller tax bill has helped their numbers look much better than Goldman's. But now with how much they've spent on lobbyist coming out, and with their share price enduring some dips since its IPO, Blackstone is looking for some good PR. Interesting they went to Goldman to get it. An act of aggression, or is it humble?
> read more
Advice on becoming a trading assistant
Posting :
Trading
:
08/07/2007
> read more
Door Jams
Article :
September 2007
A new live set offers Jim Morrison drunk, disorderly, and disintegrating.
> read more
Student asking for advice
Posting :
Trading
:
07/26/2007
> read more
Experienced Trader Looking for Advice
Posting :
Trading
:
07/25/2007
> read more
Blackstone, Bailer-Outer Of Choice?
Article :
July 2007
Joining Bear Stearns, Basis Capital Fund Management – the Aussie fund similarly plagued by subprime woes – has hired B’stone to give it some much-needed advice (read: kick in its boneheaded arse) on how to extract itself from an untenable situation.
> read more
Watch List: Wrist Reward
Article :
July 2007
If you’re going to engage in some highly volatile pursuits, take one of these virtually indestructible timepieces with you.
> read more
New Trading Assistant/Clerk Wants Advice
Posting :
Trading
:
07/15/2007
New Clerk Looking for Advice
> read more
Subway Eats Fresh Losses
Article :
July 2007
The billionaire co-founder of sandwich chain Subway lost nearly $200 million on aggressive trades in tech and telecom stocks – then futilely tried to pin it all on his UBS broker.
> read more
Return Of The `Giggling Guru’
Article :
July 2007
The Beatles sought guidance from Maharishi Mahesh Yogi in 1968 – so why not Wall Street in 2007?
> read more
