Recent content by triplehammer

Schottenfeld another NYC prop shop.

In this business, paying off a mortgage may not be a bad idea, when you can go for weeks without a paycheck. Leveraged accounts you can get 10 times your money or more, allthough if you hold positions overnight, firms are more careful

At the end of last post, I meant with very LITTLE volatility.

You have to ask yourself a question. If you are a bigtime trader. Should I put $250k of my money in some (likely uninsured) account so I can trade $3-5 million at a firm that will get worried about overnight positions, will ask for more money when your account gets low, so you can get a...

I have been at Opus for over a year. The difference at Opus is that they are very well capitalized and they can handle risk. While I do pay high commissions and give away share of profit, I have significantly more capital than I can get anywhere else and its worked out great for me. The hard...