Recent content by ScottSam

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    Experienced trader looking for new prop firm

    If monthly profit avg = 8,000 Avg vol = 750,000 shares You are paying 113$ in commish and 800 in split, for a total of 913. To get 100% payout, a firm will charge at the very least 2$ per 1000. So commish = 1500 and split 0 for a total of 1500$ in costs (vs 913 currently). At...
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    Global Market Trading

    Yes, they are. What made you think otherwise ?
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    Prop Firm for Canadian

    It's still out there, just gotta knock on the right doors. The relationship between buying power and deposit amount is mostly irrelevant in prop firms that participate in traders' profits. Not saying this is the case for all prop firms. But I know a handful, and they've been around for years...
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    The new SMB 5-year career path program

    You make me feel special haha ;p
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    Is this is a good deal?

    Are you located in the US ?
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    Annual Returns for Prop Traders?

    Annual earnings are hard to average for prop traders. I've seen a few clues in my years, but nothing extremely informative as far as yearly averages go. And these annual earnings have to be judged against the cost of living of your location. And then personal goals/risk tolerance issues kick...
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    Annual Returns for Prop Traders?

    Agreed 100% for me. I hate when non-traders ask me about my "annual return" with that half-curious half-condescending look on their face. I don't care about annual returns. I work for absolute dollars. I've never paid a bill with a %. Of course, all keeping in mind that we're talking about...
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    Is Trading Just Guessing?

    Short answer: yes. Long answer: yes, but...
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    What firms have the cheapest commissions for day trading?

    Any and all Canadian firms. The standard being 0.20 / 1000 shares, or 0.0002.
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    Why Is The Obvious Not So Obvious?

    What about Bob ?
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    Prop commission rates and profitability

    I second.
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    Prop commission rates and profitability

    Yikes, you guys are mentioning 2.00 / 2.50 / 4.00 per 1000 shares for those volumes. Anyone can get 1/10th that, especially with over 1M monthly volume.
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    PropTrader - Daily exploits

    Funny you should mention that. I am actively seeking a faster news/rumors service myself. Not easy to come by.
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    PropTrader - Daily exploits

    Definitely one of those tougher weeks. I had hopes that the new year would jump start things, but that just goes to show how useful "hope" is in the markets... ;)
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    Subtle words/logics about trading

    Bag Holder is the standout.
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