I agree with Don. Not enveloping only because of the "catastophe scenerio", doesn't make sense. By that logic, none of us should trade because...
http://www.greentreetrading.com/index.php?p=pef
Any of these props offer a salary? Greentree offers a prop deal where you pay "their costs". Any idea what this is? If they are acting as...
With Supermontage - Nasdaq tried to get all the ECNs in, making in effect one big order book if you route to Nasdaq. SM was supposed to kill the...
Some people would say that providing for your family is a laudable effort. I wouldn't, but some people would :)
Agree about the r/r and scaling - good stuff.. But don't all the "Trading is war" analogies just pump up the testosterone for the average...
Remember, whether people perceive you as a) A financial genius or.. b) An irresponsible gambler is based on only one thing.. Your success...
I am looking into MSFE programs, but I'm wondering if this whole concept of Fin Engineering is a bunch of hocus pocus, as used in propietary...
I agree, it's really only an issue if you asking them to have discretion with their decisions. If they are trading a system they can just press...
Just my 2c.. Personally, I do not automate anymore or have set targets and stops. I'm hesitant to do so because I believe that there is...
Longer-term holding periods would be better than scalping, if there were not so many changes in direction. It's all this whipping around in the...
One thing is for sure, scalping is an interesting way to make a living. I understand it is not suited to some people and that's ok, to each his...
..and CNBC. Their cheerleading is sickening. So unprofessional, IMO.
Manipulation is a word used only by an obvious loser. When someone says the word, you know they just lost money! Notice how it's never...
This is a sad story. I would not hire someone to trade your account for you (especially from ET! :)). There is nothing to prevent them from...
I did not say that TMBR will fill a customer at a worse than NBBO price. I said that when a customer is filled by TMBR they are being filled by...
My point is just that the temptation to do larger size orders has some effect on your other trading costs, most importantly, at what price your...
Rates based on per share, and the reduced rate for larger size orders such as Bright's and Interactive Brokers' model - is not a fair comparison....
I disagree with many of these statements critical of prop firms. First of all, their intentions or expectations about how often you trade are...
LTCM did not fail because their assumptions/model was flawed. They had on too much leverage to be able to withstand the positions going way too...
Separate names with a comma.