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With this warmer weather, what kind of action for tommorrow? Test $11.00?

Do what you like.........but don't say we did'nt give you good advice:cool:

Do not just jump into this game and join a prop firm with 5K and no trading strategy......save up enough money to cover your cost of living for atleast 1 year and find a mentor that is profitable to guide you.

"""I need to make approximately $250-300 a day on average or about $5k per month before taxes. If I am trading 50-100k than that should not be an unreasonable outcome. Also please explain why the movement cannot be capitalized on. I understand the difference between bid and ask but with the...

I know they move.....but what makes you think you can catch them? Do you have a trading strategy?

""What makes it so difficult to do what I am talking about doing? Large cap liquid names move +/- 1% to 2% every day. The momentum is not that hard to see. Why do you say that the probability of moving that 5k leveraged 5:1 (meaning 25k) succesfully make money on this movement?"" Give it a...

So if you do a round trip with 1000 share lot your only paying $1.60 plus ecn,sec,etc?

Why are you trying to start in on somebody saying they have been "trading a prop firms capital full time for 2 months"? Don't you have to start sometime and somewhere in history? Who the f**K are you anyway to bash a new daytrader......some POS retail trader that borrowed 25k from mommy and...

Age 24 years old, been day trading full time at a prop firm for a little over 2 months and have been trading a portfolio for family,friends and myself for 5 years

Are you trading remote or in the office? If remote then you should get 100 percent payout if in the office then I would think thats a good deal

Maverick, I was trading "X" today and the specialist kept flashing 40000-100000 bids and offers that were not on the open book everytime it started trading up to size that was on the book. For example if it would start trading up to 50.50 and there was some size on the open book at 50.50 he...

Why were you terminated at your old trading firm?

And then there is COOLWHIP who lives above his moms garage:p

Yeah Steve spill it:D

From looking around my firm, I would estimate the average age to be around 25 years old

CoolWeb....So I should be picking my mentor's brain as much as possible and not worrying so much about trading on my own?

Oh by the way.....my current style of trading that was taught to me by my mentor (after sitting with him for about a month )is scalping NYSE using the openbook,etc. I've been trading for about 2 months and im trading 100 share lots of CHK,COP,WMT, and a few others so far.

MOMO.....I hear what your saying, but I'm not going to be swing size around in the begining. So what im asking is what is going to seperate me from the failures that sat in the same chair that im currently sitting at in my firm?

I would like to start this thread to hear the thoughts of other traders about what myself and other new prop traders can do to increase thier chance of making it into the 5 percentile of people that are able to make a living trading. What seperates the the winners from the failures? Not...

I'm still making money trading this sector so what is your point? Just because your not making money does'nt mean you should discourage others from trading this sector. I guess your just another bitter LOSER....thanks for the money:p