Just got the Sept. issue. Congrats to Keith O'Malley for getting a mention. They mentioned this trade........... http://www.elitetrader.com/vb/showthread.php?s=&postid=1744233#post1744233
Me too. But here it is. I noticed they don't have this issue (sept 08) at their site yet.... still shows Aug. Pretty good article on how the daytrading industry has changed, too.
There was a good article in there this month about Schonfeld, T3, and some other "real" prop firms and how this industry was not dead but thriving and pointing out how most of the idiots who traded in late 1990's should never have been there in the first place. These places are funding the guys and pay out at most 50%: I wonder how much the average guy gets to trade with in a shop like this.