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***And your answer to him is YES. But what kind of capital can one put in play with a 35K deposit or some one who built up that much capital over their time at Worldco.*** Assuming you are not holding overnight's, assuming you are above water in your capital account, virtually unlimited...

99% of our business is NYSE, you probably have to call our office to find out exactly what they are offering for Nasdaq. We offer as low as half a penny a share for NYSE (assuming you do say 200K roundtrip a day or something like that), up to 99% pay out.

Still have trouble with switching to my bread and butter set-ups after the open fills seamlessly, but a win is a win. 8200 shares each way on 6 of 11 shooting, +519 before commissions, +382 after, no bullets. Pre-Market: No real news that caught my eye, except of course, the housing numbers...

Sorry to rain on your Bright Trading parade Don, but that number is so off the wall it is not even funny. You said it before yourself that on average 40-50% of your traders is gone first year, look, if you claimed something like a 55% survival ratio it would be a lot more believable. 83%...

***is it 20,000 times 95%*** Yes. ***but what are the costs for trading Nasdaq stocks and is the firm trying to improve their rates for nasdaq?*** Actually, our Nasdaq rate/software is quite competitive, it is just not the best on the street as that is not our specialty, you will have...

I have a tendency to perform at my highest level when my heart is filled with a lot of pain that I must unleash. Today was no exception as I won my 10th game in a row. 9500 shares each way on 9 of 14 shooting, +1321 before commissions, +1162 after, no bullets. There is still a slight pause...

Currently Worldco only accepts U.S. residents. Not sure about others.

THE NUMBER ONE KILLER OF A NEWBIE TRADER: LACK OF CAPITAL. Regardless of what anyone tell you, this is the reason why you have to stop trading. Sure, "if a new trader already has 100K in capital then it is a non-issue", duh, the reality is most people don't have that kind of money to...

A huge game psychologically as I absolutely had to win this one to offset some of the emotional damages I took on Friday. I already told her on Friday that I will need the weekend to heal some of my wounds, but there will be no collapse and by Monday I will come out strong. It feels good to...

Vhehn: How painful is the penalty? I trade for a prop firm so capital access is not really an issue. Crazy: Out of our own pocket but at a discount rate, you get what you pay for as our firm provides a lot of choices. Anywhere from $25 - $250 a month depend on what you choose.

Just did my tax over the weekend, being single and almost no itemized deduction whatsoever it was a breeze, thanks to the K1 form as last year I had to enter 400 something Datek transactions, not fun. Anyway, I have just a few quick questions. I did everything with Turbo Tax for the Web...

***1) He became a big Anthony Robbins fan. He has the tapes/books.*** Another Tony but this time around it is no Oz, perhaps I would give it a try. ***2) Took art classes at the local museum.*** Mandatory, although she is into Fashion Design I would be more inclined toward learning...

When I woke up this morning I had a serious headache, and I had an entire night's worth of nightmares with all kind of unpleasant scenarios (literally everything from holding many thousand shares of a stock through a halt that hits me for many points, to receiving an invitation to her wedding)...

Well I have consulted most of my close friends not looking for advices but just to vent, and I feel much better. After all, this hasn't been the first time that she chooses someone else over me, and afterall she never committed herself to me in anyway, so at least it is fair and square. I...

Took the worst hit since I started trading today and it wasn't on my P&L. Thankfully the weekend is here and I will have two days to heal so I can come back next Monday, as the sense of total defeat devoured me today. 10000 shares each way on 8 of 18 shooting, +420 before commissions, +254...

It is not that I don't want to give respect, it is just that every time I am "feeling it" as far as respect is concerned, you make some high horse comments that throws me off. I respect you 100% as a trader, but as far as marketing tactics are concerned it is sub-zero.

In my eyes Nasdaq and NYSE are pretty much evenly matched in term of profitability. However, as a firm that backs its traders with capital (as mentioned before you can start here with ZERO capital, with a slight penalty in commission structure of course), it makes too much sense to force...

The market has been rallying for so long I almost forgot how to short today. Had a hard time in the morning as I did not sufficiently capitalize on the home builder sell-off but managed to finish solid, 21900 shares each way on 14 of 27 shooting, +1313 before commissions, +828 after, 2 bullets...

Of course the bubble years are gone. I don't need you to tell me that, I am still playing the game everyday am I? "Our traders have done well" Give me the cold hard numbers and get off the high horse, how many of your traders are making close to what they made last year at equivalent time...

The truth is 70% of the traders will tap out under this market condition, which means if you are offering a salary 70% of the people you hire will take 1500 x 6 then you have to eat whatever losses they generate. The bottomline is either you want it and you will give up everything for a...