Here is my advice and it comes from part of my experience. First, cover your expenses and standard of living. Expect no money from trading,...
What is a career troll?
Having said that...in 1999 i traded a company called, damn now i forgot. Somehow got involved in a class action suit and I won like 120...
RU KIDDING? Both are toy/ brokers for people who don't have a local casino. 10.00 a trade? for lame 2:1 margin? how ridiculous. Those...
I learn from and contribute where i can to this site. Best place to find specific information on our profession. Congratulations ET. Thanks...
The question may be designed not to query your knowedge about that specific book directly, but to see if you have things in common with their...
if you are looking at and doing what everyone else is doing...you are not looking at a lot of money in your pocket. For example, a pair...
So how does ECHO address ECN rebates?
Its not a monthly commission rate. The ECN rebates come in at the end of the month. For example: If your rate is .005 and you add liquidity...
thanks for that link to your post. My next question is....am I really getting screwed if I am in a situation where I get my rebates at the end of...
Pass through ECN REBATEs are only a good thing if you ADD liquidity...if you take...you pay like .003 MORE per share....so why is an ECN rebate...
So you have to keep track of every trade you get a rebate on....????? So you have to go through your trading sheets every day...then again at...
If I could distill the essence of trading, good to great trading, this is the key concept. If you feel yourself sitting in a trade and its eating...
This resonates with me as I negotiated my first prop account since trading for a fund. The largest component is the relationship between fees and...
I like how you let your equity tell you when you could trade full time only. You were not undercapitalized in trading 8K because you had a full...
I see and hear about undercapitalization in many business fields. I hear it a lot in trading offered as an excuse for failure. In my opinion,...
Buzz Swartz started with 10K, built it up to 100K, then ran his business as a trader. While he ran it up, he had a wife that obviously supported...
Yabut....Yeah BUT....only an @#$ing idoiot would NOT put everything they had into something if they knew they were good. And with a prop firm,...
This is pretty much true, if the traders who compete against each other use EXACTLY the same exact strategy. But, if you developed a successful...
The Feds so kindly "urged" me to redo my tax returns for 2001 and 2002, my second and third years trading. I was happy to redo them and zero out...
Separate names with a comma.