Traders, What's The One Pesky Task You Hate Doing The Most?

Rank: Chimp | 11

What part of your day do you dread doing the most?
What is your biggest ongoing pain?

Comments (13)

 
Mar 31,2013

MO/BO fuckups
IT pain
Rebooking trades
Having to post people who have no fucking clue (basically anyone in a non-S&T role)
Dealing with politics

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Mar 31,2013

Thanks for your answer.
I'm afraid I'm one of those people who have no fucking clue.
What does "Rebooking Trades" mean?

 
Best Response
Mar 31,2013
UniPaul:

Thanks for your answer.
I'm afraid I'm one of those people who have no fucking clue.
What does "Rebooking Trades" mean?

Figuring this out on your own entails a technically involved 3-stage process, so I'll give you a break. But allow me to illustrate the process, so you learn for next time. Something about teaching a man to fish.

Stage (1) - Examine the words "rebooking trades," studying them for meaning
(1)(a) Understand that "Re-" is a prefix typically indicating repetition of an action. (Note 1)
(1)(b) Understand that "booking" must be a process relating to "trades"

Stage (2) - Use the internet to interpret for the rest
(2)(a) Google the following string, including quotation marks: "booking a trade" finance
(2)(b) Identify relevant search results. (Note 2)
(2)(c) Learn what "booking trades" means.

Stage (3) - Synthesis
(3)(a) Recall item (1)(a).
(3)(b) Connect it to knowledge acquired in stage (2).
(3)(c) Learn what "rebooking trades" means, all by yourself!

Notes
Note 1: I.e., "booking" the trade again.
Note 2: the following PDF is 67-page academic study of the "Trade-Capture Process." You will find the answer to (2)(c) here. http://www.wpi.edu/Pubs/E-project/Available/E-proj...

"There are three ways to make a living in this business: be first, be smarter, or cheat."

 
Mar 31,2013
Sandhurst:
UniPaul:

Thanks for your answer.
I'm afraid I'm one of those people who have no fucking clue.
What does "Rebooking Trades" mean?

Figuring this out on your own entails a technically involved 3-stage process, so I'll give you a break. But allow me to illustrate the process, so you learn for next time. Something about teaching a man to fish.

Stage (1) - Examine the words "rebooking trades," studying them for meaning
(1)(a) Understand that "Re-" is a prefix typically indicating repetition of an action. (Note 1)
(1)(b) Understand that "booking" must be a process relating to "trades"

Stage (2) - Use the internet to interpret for the rest
(2)(a) Google the following string, including quotation marks: "booking a trade" finance
(2)(b) Identify relevant search results. (Note 2)
(2)(c) Learn what "booking trades" means.

Stage (3) - Synthesis
(3)(a) Recall item (1)(a).
(3)(b) Connect it to knowledge acquired in stage (2).
(3)(c) Learn what "rebooking trades" means, all by yourself!

Notes
Note 1: I.e., "booking" the trade again.
Note 2: the following PDF is 67-page academic study of the "Trade-Capture Process." You will find the answer to (2)(c) here. http://www.wpi.edu/Pubs/E-project/Available/E-proj...

The most eloquent burn I have seen on WSO...

"Sounds to me like you guys a couple of bookies."

 
Mar 31,2013
BillyRay05:
Sandhurst:
UniPaul:

Thanks for your answer.
I'm afraid I'm one of those people who have no fucking clue.
What does "Rebooking Trades" mean?

Figuring this out on your own entails a technically involved 3-stage process, so I'll give you a break. But allow me to illustrate the process, so you learn for next time. Something about teaching a man to fish.

Stage (1) - Examine the words "rebooking trades," studying them for meaning
(1)(a) Understand that "Re-" is a prefix typically indicating repetition of an action. (Note 1)
(1)(b) Understand that "booking" must be a process relating to "trades"

Stage (2) - Use the internet to interpret for the rest
(2)(a) Google the following string, including quotation marks: "booking a trade" finance
(2)(b) Identify relevant search results. (Note 2)
(2)(c) Learn what "booking trades" means.

Stage (3) - Synthesis
(3)(a) Recall item (1)(a).
(3)(b) Connect it to knowledge acquired in stage (2).
(3)(c) Learn what "rebooking trades" means, all by yourself!

Notes
Note 1: I.e., "booking" the trade again.
Note 2: the following PDF is 67-page academic study of the "Trade-Capture Process." You will find the answer to (2)(c) here. http://www.wpi.edu/Pubs/E-project/Available/E-proj...

The most eloquent burn I have seen on WSO...

pretty ill

 
Mar 31,2013
Sandhurst:
UniPaul:

Thanks for your answer.
I'm afraid I'm one of those people who have no fucking clue.
What does "Rebooking Trades" mean?

Figuring this out on your own entails a technically involved 3-stage process, so I'll give you a break. But allow me to illustrate the process, so you learn for next time. Something about teaching a man to fish.

Stage (1) - Examine the words "rebooking trades," studying them for meaning
(1)(a) Understand that "Re-" is a prefix typically indicating repetition of an action. (Note 1)
(1)(b) Understand that "booking" must be a process relating to "trades"

Stage (2) - Use the internet to interpret for the rest
(2)(a) Google the following string, including quotation marks: "booking a trade" finance
(2)(b) Identify relevant search results. (Note 2)
(2)(c) Learn what "booking trades" means.

Stage (3) - Synthesis
(3)(a) Recall item (1)(a).
(3)(b) Connect it to knowledge acquired in stage (2).
(3)(c) Learn what "rebooking trades" means, all by yourself!

Notes
Note 1: I.e., "booking" the trade again.
Note 2: the following PDF is 67-page academic study of the "Trade-Capture Process." You will find the answer to (2)(c) here. http://www.wpi.edu/Pubs/E-project/Available/E-proj...

SBed

 
Mar 31,2013

dealing with breaks. never ends well and is always in the face

 
Mar 31,2013

Having to get in 20 minutes earlier on Mondays in order to get everything running on time.
The absolutely useless bloomberg B-Key that takes about 25 tries to recognize my fingerprint.

 
Sep 30,2013

having to explain basic, basic trading ideas(delta hedging) to software guys who have been in the industry for 10 years.

 
Sep 30,2013

All the world's indeed a stage, And we are merely players, Performers and portrayers, Each another's audience, Outside the gilded cage
- Limelight (1981)