By the way Don, I appreciate it. Some belligerent traders here seem to like to have a prominent target to criticize, but as a remote trader with...
10 year suspension from exchange membership? I wonder who this is. I hope some shit like this doesn't go down with my firm some day. No way...
Doug Kass seems... unaware that there are not 90 months in a year.
A regular 3:1 ratio is very encouraging, especially if you're trading liquid issues (so it's scalable). Keeping a consistent $15/1000 or $20/1000...
Yeah, I kinda assumed that but never get good confirmed info. I've seen .001 for SDOT charged to management sub-LLCs at a firm that wasn't...
1. 20k gross after a year is incredibly slim, so I wouldn't think the firm would be too concerned about losing that trader. 2. That trader will...
Have you seriously heard of any firm trading the markets patenting anything? Imagine the legal consequences of that. Best you can do is patent...
Let's say the firm teaches him how to tape read, i.e.: buy when size steps up, sell when size steps down. Pretty much the standard 2001-2002...
Avoid at all costs. Do not sign that non-compete. What they will do is charge you huge commissions (like .008 - .01 a share) and keep you as an...
An unfortunate state of affairs with that bonehead continually doing the precisely wrong thing in every chance he has. I highly doubt he's...
I haven't heard a single word from my firm, so I don't know, but I can't believe this will end up happening. It would be too destabilizing to the...
I trained some friends. One family member wants to learn, but I can't teach him unless he becomes obsessed with it and spends all of his time...
Couldn't get the poll to work? My guess is that the majority, population-wise, will be index futures day traders who trade small moves. Followed...
Have to get 3rd party charts. Echo's charts are awful.
Of course not. The established prop firms will find a way to redefine their structure, if anything ends up happening at all. They've just been...
LOL
Obviously I can't say which ones but it was common, and I think it had something to do with how accounts were designated -- they were prop firms...
Without a doubt it will be bad across the board unless the standard prop firms find a way to legally tweak their arrangements (and I'm sure they...
Well, cynicism often disguises itself as a rational assessment of reality. There are too many people who make money day after day and their...
That is very interesting. I hope we hear more about how/if this gets implemented. I remember reading that Green site a year ago or so. They...
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