This is the result I got when I googled: "Who is the biggest bs artist on Elite Trader". https://www.elitetrader.com/et/thre...as-started-by-an-imbecile-have-a-look.199637/ Sounds like OP.
RESEARCH Evaluate the profitability of using the "wrong" side of the 20-minute baseline AND the "black sidewinder" as entry levels for 15-minute Deriv binary option contracts...
Shouldn't your research be done already by now since you'd "blow me out of the water" with your system? I have no idea who Xela is but @Baron can gladly IP trace and confirm that isn't me. He has my ID and phone number as well. meanwhile, still no live P&L. when can I apply?
What is the Series 7? The Series 7 is an exam and license that entitles the holder to sell all types of securities products except commodities and futures. What is the Series 63? The Series 63 exam is the Uniform Securities State Law Examination, a North American Securities Administrators Association (NASAA) exam administered by FINRA. The exam consists of 60 scored questions. Candidates have 75 minutes to complete the exam. The license entitles the holder to solicit orders for any type of security in a particular state. What is the 52 Munis? The Series 52 is a licensing exam required to transact in municipal securities such as muni bonds. The exam is known as the Municipal Securities Representative Qualification Examination (MR), and was developed by the Municipal Securities Rulemaking Board (MSRB) and administered by FINRA. What is the 55 Equities? The Series 55 Examination is designed to assess the competency of entry-level Equity Traders. It is intended to safeguard the investing public by helping to ensure that Equity Traders are competent to perform their jobs. What is CSC Canada? The Canadian Securities Course (CSC™) is an entry-level program that helps an individual to become a qualified mutual fund representative.
It dawned on me that since Ajay is a resident/citizen of India, there was no reason for us to limit the entity or entities we might trade through to NADEX. (I read that, in the past at least, there were exemptions for becoming registered broker-dealers for prop firms that engage in no other substantive business than trading on exchanges of which they were a member. I also read that all proprietary trading firms that were registered as broker-dealers with the Securities and Exchange Commission [SEC] would likely be required to join the Financial Industry Regulatory Authority [FINRA] under rule amendments proposed by the SEC back on July 29, 2022, but I do not know what has happened since then.) Accordingly, given that I don't really like NADEX, we are opting to trade through Deriv, with whom I've dealt since 2011, back when the were BetOnMarkets and I was living in the United Arab Emirates (UAE), even BEFORE they rebranded themselves as: Binary. At Deriv, we can execute trades for as little as a dollar, whereas the minimum at NADEX is $100. Also, we can purchase Forex binary option contracts that reach expiry in just 15 minutes, as opposed to the two-hour minimum at NADEX (unless one wishes to jump all the way down to five minutes, where the NADEX risk-to-reward structure gets even more INSANE than it normally is!) Yesterday was our first day going live after my spending a week specifically redesigning system protocols for trading on Deriv's platform while we did the final edit on the language included in the contract under which we would conduct a two-week "trial run." I was basically satisfied with our initial performance. As I commented to someone later... "An 80% to 100% daily success rate with a 70% return on winning trades (and 100% loss on losing trades) resulting in approximately 4% daily growth in total capital, beats the heck out of the 14% annual return on investment that is considered to be phenomenal with stocks!" But unfortunately, our pilot study is going to have to go on hold for three to six days while I await the the delivery of a part that stopped working later in the day, one that is a critical piece of the equipment I use. Anyway, if and when things get "serious," I think I'm going to have to hire a head of "compliance" to make sure we are operating in accordance with any and all of the laws applicable to whatever country we go to, looking for "junior traders."
NOTE: Keep following the FTX crypto exchange scandal! (Samuel Bankman-Fried had a lot of [democratic, Silicon Valley, financial world and family] connections.)
How to set up an entity NADEX account for a corporation, LLC, partnership, or trust: For any of these entities, you must be registered in the US and would be required to provide the following documents: Proof the entity is legally registered in the US (such as Articles of Operation/Incorporation) Documentation regarding the entity set-up and ownership (Operating Agreement, By-Laws, Trust Agreement) Nadex Certification for your entity type You will also need to provide additional documents specific to your entity type. Once your application is approved, you will need to obtain a legal entity identifier ("LEI") commonly known as a Global Markets Entity Identifier ("GMEI"), which involves a fee. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Entities trading in the foreign exchange market (Forex) include: forex brokers hedge funds retail investors corporations central banks governments institutional investors (i.e., pension funds, etc.) - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - So then, here are my questions for NADEX Customer Service... "The information you published online states that in addition to providing (1) proof that the entity is legally registered in the USA (such as Articles of Operation/Incorporation); (2) documentation regarding the entity set-up and ownership (Operating Agreement, By-Laws, Trust Agreement); and (3) NADEX Certification for my entity type... "Setting up as an entity will ALSO require; (4) additional documents specific to my entity type. "My questions are, if I wished to set up as a proprietary trading firm (i.e., an LLC) would I be able to do so? (Does NADEX even provide prop firm certification?) And if so, what 'additional documents specific to my entity type' would I need to provide?"
What is the cost for the registration of a new LEI record? The basic charge for a registration request is $100.00 or €90.00. In accordance with the 2014 funding plan for the Global Legal Entity Identifier Foundation (GLEIF), each registration is also subject to a $11.00 or €10.00 per record GLEIF Surcharge. What is the cost for renewing an existing LEI record? A renewal request will set the "Next Renewal Date" for the record to one year in the future from the time of the renewal request. The cost of a renewal request is based on the number of additional months that will be added to the record's Next Renewal Date. The basic charge for renewal is $80.00 or €72.00. In accordance with the 2014 funding plan for the Global Legal Entity Identifier Foundation (GLEIF), each renewal submission is also subject to a $11.00 or €10.00 per record per year GLEIF Surcharge.