My understanding is that the desk fee is pro-rated for a partial or full elimination of the desk fee based on the monthly volume you do.
Never mind Mav, I now understand that CBOE is one of these exchanges though a list of few firms that give more than 10-1 would be nice.
So i.e. there are exchanges out there that don't require a Series 7 to be considered a "professional" and as long as you and your firm are...
Thanks. This is very intresting...this is useful information because I have some friends that are looking for that kind of a setup but didnt think...
Well being that you are the owner of a firm...I suppose you would know. Maybe I dont fully understand this whole thing...I can admit if Im...
I dont see what's so funny... Try getting 20-1 for "EQUITY" trading at a retail firm and then tell me that the license is not about extra...
You dont need the 25K with a Series 7. I've been trying to convince a friend of mine to go the the Series 7 route exactly for this reason. He...
Getting the Series 7 license is mostly about LEVERAGE in my book; other than the regulatory protection afforded to licensed traders I dont see any...
Dont quote me on the accuracy of this but I think the way it works is that....(Someone else might chime in and confirm it...Don?) Once...
Free Smart 7 trial here... http://www.passperfect.com/ Study was roughly 180-200 hours over a 3 month time period. Use at least 2...
In regards to the Series 7 Exam, a friend of mine who has an MBA and worked as a Smith Barney financial analyst said it was the hardest test she...
If I do lend then I always lend amounts I can afford to lose as a kind of litmus or patch test. 1)If the person didn't pay you at all....
Question for seasoned traders: How much volume do you have to trade in the QQQQ before liquidity starts to become a problem and you need to...
My apologies if I misquoted you in any way. To your credit, you did acknowledge that one does not need an edge to make money...though Im 100%...
With all due respect to my trading bros Mav and Purple... I cant believe that I just read 25 pages of this circular nonsense. :) I sum it up as...
I'll be trying my hand at a prop firm sometime in the summer and all I can say is Win or lose... I wont be blaming anyone but myself. Know the...
If it were easy, not only would everybody be doing it but it would no longer pose enough of a challenge to intrest me. Though that in itself...
I think I would trade a mini or micro account with forex and try to build it up before moving on to equities. You may decide to stay with forex....
If profits are one measure of smarts in trading then I think the smartest among us traders are the ones that are too busy making money to be...
I think one who who spends their time thinking how intelligent he or she is and is eager to tell others is counter-productive self serving...
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