Recent content by thetradergator

Thanks for all the feedback and good advice from those who took the time to give me an honest opinion. The question never was "should I do this." I will be a trader at some point, either succeeding or failing on my own merits. After talking it over with my wife, I'm going to finish out the...

Thanks. This is really helpful. I'm really just not that familiar with rebate scalping. From what I know, it's all about being paid to add liquidity, placing orders all day to collect. While this may be profitable, it doesn't really sound like what I want to do. If it helps me get better in the...

"You work in finance (sort of). Why would you want to jump out of working in finance* to... work in finance?" Because I don't want to work in "finance", I want to trade. I just want to be in front of a screen all day either making money or losing money on my own strengths/weaknesses. It fits...

I would not be holding overnight. I just mean that I wouldn't be scalping for pennies. I'm looking to take quarters/dollars, but would still be flat at the end of the day.

I am in Tampa, FL. I don't know of any prop firms in the area, and haven't really found any via Google. I would likely need to trade remotely. I'm also not interested in scalping. My strategy is looking to take more like .25-$1, while risking much less than that. In the simulator I use, which...

My firm is sell side

Thanks for the advice. Unfortunately, I'm very restricted from trading at my firm. My equities account has to be at my firm, so I'm paying the "employee discount" price of $34.95 per trade which kills any chance of short term trading. I also have material non-public information on several stocks...

I don't want to quit because I think my job is tough. I want to quit and trade because I enjoy trading and hate working for a big company in a highly regulated industry with a ton of personal trading restrictions. I'm not afraid of hard work or else I wouldn't be in the role I'm in at 26. I also...

Thanks for the encouragement. Only putting up $10k instead of $20k is a valid point. The biggest issue for me with a prop firm is finding one that is reputable. I know the competition is fierce and they will promise the world, but I want my money to be safe, even if I end up paying a little more...

It's also less of a question of "should I do this" as it is "how should I do this." I'm really looking more for the advantages/disadvantages of prop versus retail. The secure job I have may seem like a good deal, but I hate it and the two hours a day commute it requires. I'm occupied from 630 in...

I am a current Compliance Officer and I'm not really sure what you are getting at?

Thanks for the responses so far. I should probably explain a little more about my trading history. I do have 4 years of equity trading experience with live money. It's just been more of a swing trading strategy due to my full time job and trading restrictions. I have also traded Forex for 4...

I've read many of the threads on here for the past few weeks and thought I'd ask for some advice. I'm a 26 year old Equity Research Compliance Officer, and fed up with working the 9-5 (more like 730-530) corporate job. I have thought about giving it up and trading full time for the past year...