There have been many Shill threads on this and related Pro Firm topics, however, these all share the commonality of being promotional complimentary advertisement type discussions. The real costs of being a proprietary trader, whether remote or in the offices of one of these "also ran" firms is a discussion that really doesn't get the light of day and is a serious one from the perspective of those serious enough to go through the Series 7 General Securities license process as well as agree to allow a clearing agent to hold ones funds in a segregated account, which some firms have embezzled, pilfered and never returned. One needs to factor in the costs of ones: 1) median average past 3 year monthly wages as being forgone during one's trading (learning to be profitable) phase 2) [using the example of being remote to conserve expenses vs. commuting to an office] -- the 3 month / 6 month estimated offices expenses: 2a) high speed internet access 2b) sufficiently robust computer and terminals 2c) computer technical support contract services 2d) heating, A/C, lighting, furnishing office 2e) phone, cell, Business news channel on CATV 2f) various other sundries associated with running an office (paper, printer, etc.) 3) MDF's (market data fees) associated with the Prop Shop's DA (direct access) Software, for example using Redi+ through Speer Leeds Kellog / Goldman Sachs: 3a) $200 / $400 monthly license fees 3b) $50 NYSE Openbook 3c) $20 CME futures realtime 3d) $50 NASD services/quotes 3e) $80 other associated service fees 3f) $80 to a Squawk Box vendor 3g) $80 to (stock screening software) for trading leads during typical trading days 3h) $80 for Paltalk, Hotcomm or other communication software license monthly fees 3i) $180 for eSignal, Tradestation, eQuotes or other outside charting software 3j) $65 for news / magazine subscriptions, etc. 4) Training classes and associated travel/lodging fees, whether to: 4a) learn about Pairs Trading or... 4b) learn about Trend Trading or... 4c) learn about Tax Strategies or... 4d) learn about ....etc... 5) Professional service fees associated with Legal, Accounting, Tax or other support roles... 6) Profit / Loss account slippage changes in one's principal balances It is no wonder that the excitement of being self employed as a trader is sold by these firms and real discussions regarding the true costs of running one's own operation are avoided. ((please, let's keep this thread professional, real and substantive, not petty or degrading)) What have been your experiences or findings and how can your comments add to this realistic discussion?