Recent content by mstier

...I think the complaint said they also managed to miss some of the appropriate disclosures :o

Proof that they've actually placed a trade in their life? Few mentors for sure.

Looks like it'll be fines only. Good thing he wasn't spoofing though, that would've been some hard time in the slammer!

http://www.courthousenews.com/2016/10/05/socal-trading-school-is-a-fraud-cftc-says.htm May this serve as a lesson to all who are feeling tempted to "buy the dream."

I would love to average (net) quarter of a tick per contract. You are using net and gross in same phrase - net quarter of a tick would make me a happy man. I could do it on lower volumes, but that doesn't seem to be optimal point on total revenue curve. In any case, higher volumes are...

I am fortunate to work at a firm that is colo'd at exchanges and pays member rates at CME. The short answer is yes of course, many thousands a day are paid in commissions. Just under $9k so far today. If I found myself paying retail rates my style of trading would of course change radically and...

That's pretty funny actually. I generate plenty of stats and have more tracking tools than I can reasonably justify spending time using. How would knowing my # of round trips improve my trading, given that I already know how many contracts I trade daily, my $/contract/product/strategy...

Today's count - 21,353 contracts (guy behind me 29,844). Lot size anywhere between 1 and 70. The smaller sizes are on thinner products, tests, etc. Larger sizes on stable, thick books. Calendar spread trades obviously contribute to making the total contract count looking a bit bigger. Mixing all...

Yes, absolutely. Likely more than most anyone else.

I am not an individual trader but work at a prop firm (not an arcade, a proper firm). We're exclusively futures. So far I have traded 19,967 contracts today. The guy behind me has traded 23,072 contracts today. For sure the # of round trips is much smaller than that. These types of numbers are...

I hope that I am posting in the right place.. I was told by a smaller prop shop to spend some time learning excel & vba inside and out and then get back in touch with them. I am wondering what types of processes the firm might rely on excel and vba for, and what specific skills I should...