From the Trader’s Desk: 2 for 1 Special!

Happy Friday from the Trader’s Desk!

This week, I’m giving you a 2 for 1 special! As the “fin speak” in “Optimal Play” and “The Oath” was at a minimum, I’ll be giving you my thoughts and observations on both today.

Optimal Play

I was so happy that basically an entire episode was dedicated to my sister Damianista’s specialty of game theory. If you haven’t, read her recap. It will give you a professional’s take, and it’s great.

I don’t know much about game theory (a reason I need to sit in on a game theory class, taught at a major university; know anyone that can help?), but I do know what is and isn’t insider trading. And, it’s a shame that poor flight attendant McKayla didn’t. I guess she didn’t know you are supposed to do a Dollar Bill when you are talking to ADA’s and just keep saying “Lawyer! Lawyer! Lawyer!” Continue reading “From the Trader’s Desk: 2 for 1 Special!”

“From the Trader’s Desk” Ep. 2: Dead Cat Bounce

Welcome to “From the Trader’s Desk” and my recap of “Dead Cat Bounce”. (I’m just going to say this upfront: I hate that term, but only because I’m a cat momma!)

We open up at the Spartan-Ives sponsored “Thought Leaders” conference, which costs $3,000 to attend. These types of conferences are common, and can be market movers. Certain managers will mention a stock they like (or don’t) and it will move the stock price as they are speaking.

Source: Showtime

Continue reading ““From the Trader’s Desk” Ep. 2: Dead Cat Bounce”

From the Trader’s Desk: “Risk Management”, Episode 1 Season 2 of Billions

Welcome to “From the Trader’s Desk” for the 2nd Season of Billions! The original concept of these posts was to recap of 2-3 episodes from my point of view as a trader, and to help with any confusion with “fin speak”. However, “Risk Management” was so meaty; I had to dive right in. So now, without further ado….

”Trading is gambling, legalized gambling.”

source: Showtime

Damianista will tell you that I told her that on one of our first meetings. I think she asked me how I got into the financial industry, and I told her I loved to gamble, and this was a way to do it legally.

How fitting then is it that we open Season 2 with Axe sitting at a racetrack! Now, I’ll admit, I didn’t know it was Yonkers Raceway. I thought it was Belmont Park, a place my grandfather would take me to as a kid. Axe tells Bach “this place made me”, and I totally get why. Continue reading “From the Trader’s Desk: “Risk Management”, Episode 1 Season 2 of Billions”

From the Trader’s Desk: A Review of Season 1 of Billions – Capturing the Essence of the Hedge Fund World

Hello from the “Trader’s Desk”!

As we get ready to enjoy the second season of Billions, we thought we would introduce our upcoming new series “From the Trader’s Desk” with my review of Season 1.

“From the Trader’s Desk” will be my take on what’s going on in the show (and a little fact checking) from the point of view of a Wall Street trader. I hope you enjoy reading it as much I enjoy writing it! Now, without further ado…

“Those who can, trade; those who can’t, prosecute.”

source: Showtime

That phrase came to mind once I knew the synopsis of Billions. Hedge Fund Titan (Bobby Axelrod) vs. the US Attorney (Chuck Rhodes). It’s a scenario that’s been playing out on Wall Street for some time. The players change, but the song remains the same.

I’ve spent my whole career on Wall Street; working my way up from a back office clerk to finally running my own money. So, I come into this show not only with the knowledge of the terms and situations, but also with the perspective of the hedge fund world. Continue reading “From the Trader’s Desk: A Review of Season 1 of Billions – Capturing the Essence of the Hedge Fund World”

Well, How Did I Get Here? Lady Trader’s Fan Story

And you may ask yourself, well
How did I get here? – Talking Heads

Damianista often visits New York, and when she does, we try and get together to chat and catch up. On one of her Spring visits, on a subway ride home, she asked me how I became a fan of Damian Lewis. I told her the story and her reaction was: “You should post that on the blog!” When I finally wrote up my story, Damianista came up with the brilliant idea of getting stories of how others became fans of Damian Lewis and posting them on the blog. How interesting it would be to read everyone’s stories and to see just how we all became a happy, FUN community! Damianista sent the word out, and the response was amazing!

We will be publishing fan stories right here every Tuesday. Damianista was gracious enough to let my story be the first one to get us rolling, so here it is! Continue reading “Well, How Did I Get Here? Lady Trader’s Fan Story”

Life With Charlie Crews, Season 1: Episodes Three and Four

It’s Tuesday, so it must be time for the second installment of our summer re-watch of “Life”! I was tasked with Season 1, Episodes Three and Four (“Let Her Go” and “What They Saw”, respectively).

duo

I will admit it: I’m a crime drama junkie! I have watched every episode (multiple times) of the original “Law and Order” (yes all 456!) and even did background work in two scenes in Season 17, Episode 3. Thanks to the modern miracles we call Amazon Prime and Netflix, I have also been able to devour “Sherlock”, “Walllander”, “Prime Suspect” “Inspector Morse” “Inspector Lewis” “Endeavour” “Grantchester” “Luther” and “Shetland”. However, I have never watched a single episode of “CSI”, whether it be New York, Miami, Las Vegas or Des Moines! While thinking about why I enjoyed some shows more than others, I began to see what drew me to the ones I loved. Continue reading “Life With Charlie Crews, Season 1: Episodes Three and Four”