Im new to prop, so can't add much to the pros/cons discussion. However, this comment I can say something about: "...would require giving up...
FF, I'd agree with your last post wholeheartedly. A lot of new traders to the floor look for someone to teach them trading. As you said,...
Hi Livingston, It appears you answered a question I had about scaling in or pyramiding. It sounds like this IS something you'll do. Could...
Ok, I'll admit my ignorance and total novice status regarding equities here LOL! I asked Livingston about the "open book," but in order to not...
Thanks again, Livingston - looking forward to the PM! Thiago, I was on the futures floor, but left to pursue another, unrelated project I'd...
kjkent, Just a thought here, but what you might do is to open a small account and trade 100 shares (or even less), just to get the feel of...
Hi Livingston! I just printed out your notes, and wanted to say THANK YOU! I know you're busy with your own trading, and really appreciate...
FF, A good observation, but would it matter if it were a specialist vs some large commercial interest like a bank? Not saying I know the...
Thanks, Optioncoach! Yuo're right, a search first would've been the thing to do.
Greetings Don, Can you explain this K-1 and the Self Employment taxation exemption a bit? Does this mean one only pays capital gains taxes...
I owe you my thanks once again, Livingston - thank you! Just sent you a PM!
Thanks, Livingston! Very helpful, yes, and seems to suggest that a least a few of the lessons of the futures floor MAY have some relevance to...
Education's goal, since the early part of the 20th century (and probably before) has been much more about "citizenship" than teaching people any...
Thanks again, Livingston! I'd like to compare techniques and terminology a bit. In your last post, you said "read the tape..." On the...
Thanks, Livingston! Would you agree that the position itself dictates holding period? It would seem that in some trades you're going to exit...
Joining the Forum to learn! I'm a former futures trader away from trading for several years, and interested in equities trading. A question...
Name-calling and flaming... "staples of ET." Too funny, and you're right! Thanks hcour for lightening the mood LOL!
Pabst, I don't dissagree with you at all. My point was simply amazement (and at my age damn little should amaze me anymore) at how quickly...
We have a runner-up, too, I think... http://www.elitetrader.com/vb/showthread.php?s=&threadid=73229
I traded ag futures on the floor. Not stocks, I know, but trading nonetheless. It took over a year to be profitable, and as someone already...
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