Recent content by protrader914

My question actually concerned them remaining open. I've heard (but can't verify) that they were shutting down the BD.

Hey brokenmarkets, not sure about your comment. You daytrade small-caps with <25k and you're now limited to purchases which aggregate to your cash amount. If you execute 2k shr trades with $10k in the account, your daytrading is limited to @ 5 buy trades/day. Also, you still have pattern day...

Has anyone heard anything about Genesis Securities closing or at least eliminating their self-clearing operation?

Has anyone heard anything about Genesis Securities closing or at least eliminating their self-clearing operation?

BNX....if you have the money to be a qualified day-trader, why would you lock up $5k in a prop shop? I know you indicated leverage as a reason, but if the company you're looking at is giving more then 4-to-1 on your money, then their days may be numbered and you are risking the deposit and any...

Sylvain needs to understand and appreciate the jungle he enters before beating his chest. Perhaps he is a smart guy and perhaps he sees the world through his holier-than-though perspective, but he can't hide behind his pocket-protector while a panel member of the CNBC's "who's who". In street...

That's what happens now that GE spun them off....now they'll be alot of cross-selling

American Greed is a great show. It's amazing these guys get away with the degree of fraud they do with so many ways to slip up and big brother" watching. I'm waiting for the Team Trading/Velez/Vacaro episode of the show!