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I do not know how to answer that. You need technology in place for both. You need order flow for both.

Equity trades take 2 days to settle, both long and short. Options, 1 day. What country?

I was an Option MM, not equity. I assume Equity MMs have some type of global system to compare baskets of stocks with the ETFs and make small two sided markets around all stocks that they can hedge out market risk with ETFs and futures. They do not take directional bets or have a feeling. It is...

This is my personal preferred resolution for trading software. You get the extra lines below but everything does not get too small like the higher resolutions.

IMO, paper trading is a good way to determine what does not work and to get accustomed to software. Then when you jump to real trading, you have to start very small and continue your learning curve. Based on your losses, you were playing too big and did not learn from your mistakes. Paper...

Well, this should have been in the first post. You will need to wait 2 days for the first trade to clear to do the next trade. I suggest you apply for a margin account.

Sorry to anyone that that sent me a Profile post. I never knew they were here.

The risk controls are on the iLink connection but set by your FCM. https://www.cmegroup.com/globex/trade-on-cme-globex/risk-management-tools.html They have to set your credit limit, margin limit, order size limit, position size limit etc. No one is allowed unrestricted access without risk...

On the CME website look for iLink access. You get your own iLink ID to use from your FCM, not bypassing them. You need to be certified with the CME and test with your FCM. Wedbush requires a $2mm account to do this. Risk controls and credit are set by the FCM.

The other day, I was walking across the street and a bike almost hit me, which delayed my travel time to the store, where I bought a lotto ticket and lost my entire $2. If that bike did not delay me, I would have gotten better random number and won $$$$$$$$$$$$$$$. Come on. I traded for 25...

Honestly, this is a terrible excuse. We live with distractions throughout our entire life. He was ready to get out and his timing was bad...this time. That simple.

I should have said not a consistently profitable process.

IMO, that is not a scalable process. IMO, you need to pick a stock or index for a reason. Have a expectation based on some process that a stock will trade or not trade in a direction or range during a period of time, and then and only then, use an option strategy that fits your expectations. Or...

Do you guys that like to trade butterfly put them on randomly or is there a process behind it?