Recent content by trader4life

I attended the Tony Oz seminar, which was well worth the wait to get in. He spoke a lot about his "scans" which are in the Real-tick system, which explain exactly how he trades and what setups he looks for for trade entry and exit. As an added bonus, all attendees received a copy of his book...

One of these days, the promise of true 24/7 global markets will materialize, and then, we can all be like Carl Wallenda, and live on the tightrope all the time!!! Until then, read a book, have a family, smell the roses.......

Having an "edge", any edge, is PRICELESS for trading. Bullets clearly give you an edge over the general market. Declining prices are usually fiercer, and provide incredible money making opportunities, for too many reasons to go into now, not to mention in this market the overall trend is to...

Great idea....I would love to join the group, too. I see that agreeing on a place and time is difficult, so I'll keep checking this thread. Not to sound to stupid or mis-informed, but I must admit I don't even have info (time and location) on the expo. Would someone mind providing that...

I'd be interested too, but without a huge amount of capital, we would be hard pressed to come close to the cost of some of the existing firms in NYC. Another approach to what you want is to open a branch of an existing firm. Most require that you have 1 person with a Series 24 license, some...

Don, Actually, I am an ex Bright Trader. That's why I feel it is such a shame that the Manhattan office is being so neglected. Afterall, NYC, not Las Vegas, is the financial capital of the world. There are probably tens of thousands of traders in Manhattan, and Bright should have a flagship...

Don, Thanks for the info on Gene. Unless I have it wrong, up to a million shares at Bright gets you .9 per share (with rebate). The next million, you pay .85 (for the 2nd million, but not the first). Where I trade now, I pay a flat .7 for all my executions, regardless of my volume. There is no...

The Dearborn course gets my vote, too!!! In addition, take a class if you can fit it into your schedule. It will help make cramming less painful. Good Luck!!! Trader4life

I'd rather not say where I am working, but know for a fact you if you are in NYC, you can get .07 at Andover, Generic, Sonic, Worldco ('cause I either work at one of those or have been offered that rate at one of those). Part of it might be (although I haven't confrmed this) the NYC market...

DOn, Thanks for responding. You mentioned Gene Weissman (??). Who is he and what firm is he with? And yes, some of the firms I mentioned either I have worked at or know of some issues: Bright's cost structure is not competetive, at least not in NYC where an expereinced trader can get .07 per...

I am a prop trader at a NYC firm and am looking to move on. I have my Series 7 and 63, am willing to put up $10k capital (maybe a bit more for the PERFECT situation), trade almost exclusively Listed stocks, trade 1.0-1.5 million shares a month, and am consistently profitable (have not had a...