I got greedy on that trade. I was over a point in the money from 30.40 and was looking for a larger down move. Had a trailing stop at 28.5 when...
10:47 Covered 1000 ADRX at 28.9 Position Flat
10:15 Covered 1000 ADRX at 28
9:05 am Short 2000 ADRX at 30.40
There are still a lot of great opportunities out there on the short side! People at my firm have been doing well shorting stocks with bad news on...
I can consistently do that scalping Nasdaq stocks. The problem is that my goal is more like $1000-$1500 net each day and that tends to get me...
If you want remote trading, open up an account with Datek. It's a lot cheaper than going through a prop firm. Remote trading with a prop firm is...
I wouldn't totally discount Treykool's numbers. My numbers are just a little lower than his, although I've been trading for over 2 years. His...
Yup. I made about $12K on 300 shares that day. Bought damn near the bottom before it was halted. I almost peed my pants... Two hours later...
You can make a decent living in today's market (high five figures, early six) if you trade conservatively and disciplined. I don't think...
If the trader is gross positive but net negative, they will probably be reviewed on a case by case basis. For example, the trader that does 3 MM...
My prop firm gave me that deal only because I had trade blotters to back up the fact that I was experienced and pretty consistent. I could never...
But at any given time, I never use up more than $150K in buying power for more than 10-30 minutes. The rest of the time, my positions are flat....
By the way, I made more than a 300% return last month. My capital contribution to the prop firm was 5K and I have 300K in buying power. Last...
IMHO, Newbies with limited funds should not put up money to learn how to trade at a prop firm. 9 out of 10 will blow through their accounts...
The patient sniper approach does work. I traded QCOM on Tuesday and Wednesday for momentum (long) and netted $3K for myself with 2-3000 share...
Prop firms are more concerned with your profitability than health insurance. Most firms pay its prop traders on a W-4 basis, which makes them...
When you guys discuss prop trading, are you also referring to Nasdaq market makers? Market makers still make a decent living and I wouldn't mind...
The books are published by Securities Training Corp. www.stcusa.com
The behavior of stocks can be construed as random, but this is irrelevant. Your decision when to trade and when not to is NOT random. Your...
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