Recent content by Churn4Fun

Whats the word? Any good? Draw/Salary/Benefits?

Against the advise of some of the people on the forums, I took and passed L1 and L2. Both were very tough, and i'm sure L3 will be no different. I spent a considerable amount of time preparing, and while that was no fun, the joy of realizing you passed makes the sacrifice worth it....hopefully...

I've spent the last two years working at a small prop trading firm, using the firms own trading strategies. The trading taught to me is primarily a combo of program trading along w/ short term momentum scalps and reading/interpreting the L2 box. After two years, I've had a good measure of...

Those designations are basically worthless...I'm assuming your getting into the financial planning/insurance end of the business (which i left a little over a year ago). In that business, there are only a few designations that are worthwhile....CFP, CFA, and ChFC. It's no surprise that these...

I took both the Series 6 & 7.....though there is alot of overlapping info, you still have to sit for the entire series 7 regardless of whether you passed your 6 or not. As for whether the prep course is worthwhile, I have no idea, but I'd imagine you'd probably need more than 3 days to study...

ttt....thought I'd resurrect this thread for any additional input. I haven't started anything, but I'd like to add a designation or credential to the resume "just in case". Anyone have any input, experience as a CFA, and/or whether it's helped to propel your career?

I'm curious too...I'm pay $5 (plus ECN fees, Nasdaq and Securities taxes) per thousand shares w/ a 70% payout..is this fair? I'm also using 100% of their capital.

I actually already have a trading position....I've been trading at a prop firm for about 1.5 years and looking to start trading my own capital next month. I've been able to put up decent numbers w/ about $200K (4 to-1 margin), so about 50K should be adequate, but would eventually like to get...

The man was a genius, and a warrior for freedom. I saw his interview w/ Charlie Rose last year....even at his age, the guy was sharp at a tack. Freedom loving people will miss you.

If you don't have any major expenses, and can afford to live w/out a salary (as my experience at a prop firm), your not too old at all. The reason most of the guys at prop firms are young is b/c they are the only ones who can afford not getting paid for 6-12 months. The only older guys who...

I was bored the yesterday and decided to update my online Monster resume to include the fact that I have my series 7 license. I get home from work and have 8 messages, all from recruiters or brokerage firms looking asking me to come in for interviews. This is a 2 year old resume that hasn't...

ttt.....any other advise or input?