How is it that Naked Short Selling is an acceptable practice, but the pattern day trader rules are enforced? If a long position requires 3 days to settle, shouldn't short positions be monitored for naked shorts?
Anyone ever heard of Gladiator Holdings LLC? Advertising on Craigslist & they have a website. Just wanted to see if anyone was familiar with them. Thanks.
Hydroblunt
Registered: Jun 2004
Posts: 3413
06-25-08 07:13 PM
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Quote from artis74:
Im a firm believer in not having a built in excuse. I have found that traders that have worked for me who...
Fair enough. You make a good point, but I think differently. If I have to give an extra effort for awhile to get where i want to be, that's going to give me more focus on my goals and get me there quicker. I'd love to be in a position where i can just drop everything and focus only on trading...
artis74
Registered: Dec 2004
Posts: 200
06-25-08 02:01 PM
i highly recomend not doing this. do not do anything half hearted. this will allow you to focus all your efforts where they need to be.
Who said this was a half-hearted attempt? Reality is that sometimes you need...
Curious to here what prop traders have done as side jobs or businesses until they "made it" and could support themselves solely from trading income. How long did it take? Which firm did you start with? Thanks.