What is the current comments of traders who have joined this incubation program and have they delivered on their end the relationship they talked about?
Just looking for the legitness of this group.
Many do as Penson has a very low clearance rate. The one JBO I know best in VTraderPro and they clear ML and Goldman also.
Why do you prefer Penson best?
The ability to be flexible and dynamic along with understanding market structure is what these MIT and the smartest kids do not understand or have put in the years to understand so put your fancy degree in my pipe and I will smoke you like market pros do to Ivy league...
Partner split off many years ago and formed Quiksilver and shut it down at the beginning of year to focus on CTA and CPO business and get out of commish style business but VTraderGroup has always been active since 1999 and did not hold any interest in Quiksilver.
Herb...
You can look into creating a TT adapter look alike and than quick fix can be used to pass orders though but the 2 way message back and forth is harder to duplicate but there is a solution to make this happen.
Opening prints over the first 5 min while each stock opens and than they drive the pre market with the futures and than dump the first 10 to 30 min and settle where we should have opened.
Look back and you will see this game 10 out 12 months the last 3-4 years on...
Look at one of the JBO operations that clears ML or GS and they can give you access to the leverage and risk based margin that can help your stretch your capital and take home all or most of profits.
We have a Small Office in the SouthBay and are doing futures and ETF but with more of an ATS model with intra-day and swing strategies.
Vtrader is not really prop but more leverage and you take risk and take profit, although they do have more MM in options these...
There was a nice office forming in LaJolla about 3 years ago but in got "wojoed" and they closed up after less than 1 year.
Nice try..... but don't let a trader run a business...let them trade and have a business guy run the office.
I am here in the South Bay (Morgan Hill) and it seems that all these DotCom traders are back at their tech jobs. It is very quiet down here but I do what I need for interaction with skype and IM to buddies.
A big reason why them seem to make record profits from their internal trading teams each quarter.
They have an eye on where all their big players stand and where the active traders are playing for the day along with net log/short count and can force them them to...
Fuck picking direction and use the market environment to trade the market in the direction of least resistant and you should find some love.
I gave up calling direction and having an opinion as soon as we turned on our ATS servers and let them do the daily grind while...