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How often do you caress your coins, and do you do it with the lights on or off?

Did Lottogirl blow up already?

Is that the Bright office???

I too am baffled by this. I never heard of a gross deal so high.

Looks like Alan took the postings here on this thread and turned it into an article. By Alan Farley Special to RealMoney.com 03/03/2003 11:56 AM EST Click here for more stories by Alan Farley It's Friday night, and we're headed over to the Trader's Bar. After a tough week, two...

Returns are irrelevant when it come to short term trading. Traders don't keep fund-size amounts of money in their accounts.

That would be excellent, thank you much. Maybe I'll be buying you a Margarita someday.

7-10 mil./month

I do very high volume. I'd like to set up an entitiy, and even possibly do something along the same line as you. Thanks for the name.

Do you trade as a prop or customer? If prop, do you use an entity? I have not been able to find a prop firm which allows this, maybe you know of one.

NYC is a great place to live. Many of the best traders live here. Yes, it is very expensive, and taxes are high, but if you live here you do so because you love it. It's also a great place to be young and single. :D

It seems that the only advantage you can cite about a sole proprieter recieving k-1 income is his not being required to pay 15% s.e. tax. You fail to mention any of the advantages of being an entity. A retirement plan is a notable one. Having the entity provide you with such things as a...

You can't call it, but we'd better hope for it before prices and then volatility become too low to find many good trading opportunities.

There are numerous reasons to trade as an entity. Ask any decent accountant. He or she should be able to enlighten you as to the tax advantages of having your income flow into an equity rather than straight to you as an individual. Anyone who is making decent income would be a fool not to become...

Does anyone know which (if any) prop firms will allow a trader to trade as an entity or allow the profits to be paid out to an entity rather than the individual?

Cramer mainly made it as a trader by paying out huge amounts of commission to the street to get the calls. He seems pretty intelligent anyway, and is just like every other investor now - caught in a terrible bear market that is bringing every long-termer down. There is nowhere to hide right now.

Yes, the issue is the entity being a part of a prop account. I don't know if there are any regulatory issues or if it is a gray area. Obviously it is much more desireable for income to go to an entity rather than individual. There are a number of reasons for this. If anyone knows for sure of a...

Does anyone know which (if any) prop firms will allow a trader to trade as an entity?