Rogue Trader

Trader, using error account, trade using company money aka other people money, where his account is too big to fail then company continue to fund his account.

At first, no body found out, as he is the chief trader and also the settler which normally handle by two person. With this, he could cover all the traded which amount with huge losses with ease.

One fine day, positions get affected with one big bad news, where they have no way back but to continue to support the market.

His positions get bigger and bigger, with the exposure, the looses get so big that, Barring can no longer provide the funding to support the margin.

And soon, Barrings have found out the fraud trade, and the amount of lose have make the bank run out of liquidity. And soon the bank has declared insolvent, and NICK has been caught.

Lesson:
1. Trade with your own means.
2. Admit mistake, when it is a mistake.
3. Be calm and be strong

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Street Party – Taiwan

When you are doing something, be sure that you are very good at it before you turn away.

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Floored: Into The Pit – Epic Trader Movie!

Floored: Into The Pit – Epic Trader Movie!

The last line of the whole clip – 80’s and 90’s Floor Trader were Kings,Back office and the computer boys, we laugh at them. Now they got their revenge.

Computers has killed their jobs, and floor traders could no longer fight with the computer of the speeds and worldwide capacity of tradings. Floor trader is not fast enough to react on the global demand and supply. And hence electronic trading has been taking the breath away from the floor.

People who have been 30 years on the floor, have lost their instinct and their mojo in the market. However, Trading never change, There is still up and down in the market. There are still people making big money, losing big money. The only thing change is the way of people trading. Electronic trading takes over. And Right now people no longer put in simple buy sell trades, there is advance order type, stop loss, iceberg, contingent. And orders are no longer put in individually, there are codes and system constantly putting and changing order, they name in algo tradings. And with the quantz, adding in more complicated conditions, to place trade in the market.

Imagine yourself is so good at one thing, and one fine day, someone tell you that, we no longer need you. What will you do next? or should put it as what can you do next.

Market are cruel, when they dont need you, you better find a way to go with it, or you find a way out. Stuck in the same places is never a situation you would like to be in.

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What you expect! Why don’t you just do it yourself!

What you expect in life that doesn’t meet up with what other expect

What would you do?

跟人溝通就是很難,尤其是自己身邊的人

別人就會有所要求,盡量滿足,

但是辦不到的,就得不到體諒

自己想要達到的還沒達到,還要滿足別人

滿足不了還要被埋怨,那種心情真的不知怎麽說

 

現在心理的OS:

What you expect me to do?

What don’t you do it yourself?

Why you just keep you hand in your ketiak?

And after things happened, then you kept on use your index finger to pin point me!

Do you know something call budget and limitation?

And also something call self preference!

If you don’t like it, just leave it!

You have the freedom to say that you don’t like!

BUT PLEASE DON’T COMPLAIN ON ME! THANK YOU!!!!

 

就覺得告訴對方,他也不一定會了解,諒解

說了也是SAI HEI!

 

就爲什麽人的心就不能放開一點!

自己不爽,就要說三道四,然後把所有指責就放在別人的身上

你有你理想,我有我理想,

我沒有必要活在你的理想裏!!

 

FUCK OFF!!

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Why is it so damn hard to look for someone

As above!

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買米,方知米貴

還沒打工多久,就把第一個老闆給炒了。

也不知道這麽做是對還是錯

每個人都說你這樣做是對的

還沒開始就被下定論

 

今早,就被安排,又有換工的機會,

可是這次的是内部調動

也不知道是好,還是坏,

還是那樣,看一步,走一步

 

錢,真是惡魔

沒錢,更是變成万惡之魔

 

婚宴,新人,快樂,

可是我卻感受不到一絲感動

似乎只爲了結婚,而結婚。

 

要不斷提醒自己,

Its not how good you are,

Its how good you want to be.

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因爲它,我下兩個星期就得過灰姑娘的生活

因爲它,我有機會參加我個人第一次以朋友身份參加的婚禮,

被邀請無比榮幸,被朋友的肯定,不得空也要去啦

一個MSN的留言,一封sms,我就答應了

難得人家看得起我,還要拒絕人的話,真是太不要臉了

從返舞臺,感覺真好,

工作簡單,但要應付的人不簡單,

替你們感到不忿,但是事情還得做下去

終于在昨晚1030圓滿落幕,恭喜你們拉

剩下在大學的日子27天

努力!!

 

It’s not how good you are,

It’s how good you want to be.

–Paul Adren

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