So What Did You Learn At The Arcade.....

This is a discussion on So What Did You Learn At The Arcade..... within the Trading Arcades forums, part of the Trading Career category; Originally Posted by spin2win thursday nights at abacus! or jamies bishopsgate lol - yeah - good boozers are always filled ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Sep 28, 2005, 12:32pm   #65
Legendary Member
 
charliechan's Avatar
 
Member Since Jun 2005
Default Re: So What Did You Learn At The Arcade.....

Quote:
Originally Posted by spin2win
thursday nights at abacus! or jamies bishopsgate

lol - yeah - good boozers are always filled with locals.
__________________
hope is not a strategy
charliechan is offline   Reply With Quote
Old Sep 28, 2005, 12:52pm   #66
Banned
 
SOCRATES's Avatar
 
Member Since Apr 2004
Default Re: So What Did You Learn At The Arcade.....

Quote:
Originally Posted by charliechan
lol - yeah - good boozers are always filled with locals.
Yes, ha ha Charlie, and the best locals are always well filled with booze in there, too. lol.
SOCRATES is offline   Reply With Quote
Old Sep 30, 2005, 11:13am   #67
Senior Member
 
Parky's Avatar
 
Member Since Sep 2005
Default Re: So What Did You Learn At The Arcade.....

Sorry too labour the point but there are good trading arcades out there with good training programs that give the trainee the best chance of success. (not all graduates too answer the other thread)
As to the "good traders are too busy trading" line, well I know what you mean but it is not right. I know of an excellent spread trader who has for many years been making good money trading the short end both Euribor and Eurodollar but he has had enough of doing 14/15/16 hour days.
His way forward is too build a little trading team, teach the younger generation his methodology and trading patterns and then back them and take a percentage in exchange.
He still trades as he considers it important to lead by example and be "in the trenches" with the troops but he dosent trade the size he used too and he now works a normal day although is frequently on the phone.
As i said before, dont accept being pigeon holed and told what you are trading, also if someone tells you their training scheme is two months, avoid it, a rigid time frame doesnt work as people take too trading at different speeds. i
If they take on twenty or more trainees at a time, avoid it, this is a mincing machine with a low success rate guaranteed, look to the smaller bespoke trading rooms who give one too one or at worse two to one ratios of trainees too experienced traders.
Parky is offline   Reply With Quote
Old Oct 1, 2005, 12:22pm   #68
Member
 
rogerha's Avatar
 
Member Since Jan 2005
Default Re: So What Did You Learn At The Arcade.....

So Parky, you are suggesting that the Arcades should not be ruled out, but approached carefully as with any business transaction. Shop around (if you are lucky enough to have the opportunity), and make your selection of arcade carefully.




Quote:
Originally Posted by Parky
Sorry too labour the point but there are good trading arcades out there with good training programs that give the trainee the best chance of success. (not all graduates too answer the other thread)
As to the "good traders are too busy trading" line, well I know what you mean but it is not right. I know of an excellent spread trader who has for many years been making good money trading the short end both Euribor and Eurodollar but he has had enough of doing 14/15/16 hour days.
His way forward is too build a little trading team, teach the younger generation his methodology and trading patterns and then back them and take a percentage in exchange.
He still trades as he considers it important to lead by example and be "in the trenches" with the troops but he dosent trade the size he used too and he now works a normal day although is frequently on the phone.
As i said before, dont accept being pigeon holed and told what you are trading, also if someone tells you their training scheme is two months, avoid it, a rigid time frame doesnt work as people take too trading at different speeds. i
If they take on twenty or more trainees at a time, avoid it, this is a mincing machine with a low success rate guaranteed, look to the smaller bespoke trading rooms who give one too one or at worse two to one ratios of trainees too experienced traders.
rogerha is offline   Reply With Quote
Old Oct 2, 2005, 3:09am   #69
Senior Member
 
police's Avatar
 
Member Since Sep 2005
Default Re: So What Did You Learn At The Arcade.....

It definately helps to get yourself involved within a trading room. And yes shop around - if the room already has successful traders then that speaks volumes
police is offline   Reply With Quote
Old Oct 2, 2005, 5:45am   #70
Legendary Member
 
Pat494's Avatar
 
Member Since Mar 2004
Default Re: So What Did You Learn At The Arcade.....

Quote:
Originally Posted by salltbtch
how do you get someone to sponsor you
Just filling in with the obvious vowels Sally the b ...

Sounds pretty scary to me !!
Sponser you ? well hmmmmmmmmmmmmmm
Think I will stick to gardening
(Nothing personal) lol
__________________
Lift your eyes to the heavens

Last edited by Pat494; Oct 2, 2005 at 12:36pm.
Pat494 is offline   Reply With Quote
Old Oct 2, 2005, 5:12pm   #71
TWI
Legendary Member
 
TWI's Avatar
 
Member Since Jan 2004
Default Re: So What Did You Learn At The Arcade.....

Quote:
There's a piece of software made by crazy Russians that basically automates that process. Has anyone tried it?
Edge, are you referring to Aquarius platform? If so I would watch out calling them "crazy Russians", they will not mind the "crazy" bit but might take offence at being called "Russians".
__________________
"I refuse to tiptoe quietly through life
only to arrive safely at death"
TWI is offline   Reply With Quote
Old Oct 2, 2005, 8:48pm   #72
Banned
 
SOCRATES's Avatar
 
Member Since Apr 2004
Default Re: So What Did You Learn At The Arcade.....

Quote:
Originally Posted by police
It definately helps to get yourself involved within a trading room. And yes shop around - if the room already has successful traders then that speaks volumes
It doesn't mean a thing. So don't hope. But good luck anyway.
SOCRATES is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search


Similar Threads
Thread Thread Starter Forum Replies Last Post
i want to learn how to trade please help sleezy First Steps 42 Sep 15, 2012 11:35am
Learn Fx steveb1 First Steps 7 Jul 22, 2009 10:02am
How can I learn to use Bloomberg? sak07 Data Feeds 15 Dec 10, 2008 7:28pm
Has anyone done the Finspreads learn to trade course? Paul_H Spread Betting & CFDs 6 May 27, 2008 5:09am