3 Days. You are basically telling this guy to learn trading/ produce a strategy in 3 days. That is beyond stupid. It takes much more than...
Exactly.....when I started I was taught by the experienced guys. Did a lot of watching and asking questions. Also did a lot of clerk-like duties....
Ideally the best way to get into the business at 22 yrs old is to get a job as a trader's assistant. Learn by watching an experienced guy for a...
While I am not gonna argue with you as I am definitely more on your side of thinking when it comes to getting a trading job......firms that do...
Stay away from believing anything you see on Million Dollar Traders or Wall Street Warriors. Those shows are scripted and full of clowns. Most of...
+1 Leave it at "I am a recent graduate who really wants to learn trading and get in with a solid firm". Definitely check your ego at the...
Again..there are futures firms that will back guys 100% IF they have the statements to validate their strategy. As far as what size they have to...
I think people need to be more clear when they say "day trading". Firms that are well capitalized, hedge funds, etc have day traders that make a...
Yes. Directional/outright trading firms that give guys discretion. They are out there. Contrary to belief on ET...there are still firms that have...
Back in the 90's all prop firms backed their guys. Back then from what I can remember the "put up your money, we give you leverage, we take no...
I'm not going to name names on here. But I would say very few are in it for P/L. The prop firms that have people put up money and payout 90% have...
Some Equity firms do get lower commission for their guys because of all the volume they do, but they don't pass on all the savings. Some don't...
I know plenty of guys doing very well outright trading. Not sure why some people say that the only way to make money is spreading...pairs.......
No...he was an outright trader legging out of winning positions. Would buy a ton of Bunds/10 yrs and offer them out higher as they went his way....
I haven't traded Stoxx in a long time. At one point there was definitely a lot of money to be made watching the DOM. If you have the right...
You're Welcome. Refco/Mac guys never traded spreads while I was there (I left about 6 months before Refco imploded). They were all outright guys...
There is a pattern here...people who fail at day trading start threads "You can't make money daytrading" Then the ones who can't make money...
When I was at Refco/Mac, everyone was an outright trader. The people that ran the firm wanted guys flipping big size for a tick or two...they...
You are hilarious. You trade 175k or so and are worried about position limits. HILARIOUS. I believe you once said you were concerned with position...
I stand corrected....the few times I traded on the same desk with him at Refco he was trading mostly Bunds. He traded very large...
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