Recent content by Thug_Life

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    20:1 leverage on stocks possible?

    http://www.tradersnarrative.com/list-of-proprietary-trading-firms-735.html
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    Commissions! Commissions! Commissions!

    $3 per thousand shares. Here's a list of firms if you want to check around: http://www.tradersnarrative.com/list-of-proprietary-trading-firms-735.html
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    Dow Jones Agrees to Be Bought by Murdoch

    "look at the very people who are involved in this — they have popped up in other settings. This is — the great story here for anybody willing to find it and write about it and explain it is this vast right-wing conspiracy..." -Hillary Clinton
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    newbie @ forex

    I have seen leverage offers vary tremendously. How much leverage is reasonable for a beginnner with a smaller account?
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    Prop question

    Everything is negotiable, but good luck these days finding a prop deal with no capital contribution required. Such deals may be out there, but I have no seen any for trading stocks. I have no experience with futures or options, but for stocks if you are doing decent volume you can pretty...
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    Motivational Quotes for Traders

    http://www.hardrightedge.com/wheel/tcrules1.htm 1. Forget the news, remember the chart. You're not smart enough to know how news will affect price. The chart already knows the news is coming. 2. Buy the first pullback from a new high. Sell the first pullback from a new low. There's always...
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    Motivational Quotes for Traders

    Battle is a highly fluid situation. You plan on your contingencies I agree. I went through Army rotc in college, and much of the battlefield training is contingency planning.
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    Motivational Quotes for Traders

    When a stock is going up no elaborate explanation is needed as to why it is going up. Another lesson I learned early is that there is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and...
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    The basic dilemma of a typical beginner

    buying at the top and shorting right at the bottom It sounds like you are trading trends? Many guys here are trading counter-trend these days.
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    Options

    $5,000 would allow him to join a prop LLC and circumvent the PDT rule. Swing trade and save money until you get four more thousand bucks.
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    payouts & other stuff: newbies

    My main point is that the 1cent/share for a new guy is totally fair I disagree. Half a cent is fair. Why would anyone accept paying a full cent when there are so many half-cent and under deals out there?
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    Which online broker is best for penny stocks?

    http://www.humorshack.com/archive/jokes/business/17.shtml
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    Are women better at trading?

    Women tend to have too much fear, as opposed to men, who tend to have too much greed.
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    Daytraders: how many stocks do you monitor at a time?

    Sign up for a month of www.trade-ideas.com or ask them about a free trial. (btw I have no affilation other than being a user of their product)
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    Account opening in Prop firms

    fwiw, some prop firms now operate as Limited Liability Companies. You don't open an account, but instead you purchase a share of the LLC in exchange for them giving you leverage. In this scenario, there is no reporting of personal information to a government authority.
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