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That's the point, when you register with an exchange you are becoming a registered trader, and the exchanges require fingerprints. I checked with the firm I trade with and they could care less about the fingerprints but the EXCHANGE requires them of all registered prop traders. Pretty clear...

Not sure what firm you are talking about but for myself and guys I know at many firms this has still been a good market for pulling money out of, not near as good as last fall, but still nicely green. I personally have no idea how you or anyone could make more money retail, I could never come...

Perfectly said.

Ummm, you do realize this site is called "Elitetrader" right? Like the elite of traders who like to trade and chomp at the bit for more things to trade. If that is the way you feel about trading why are you here?

With his outlook on it he never will become one. He'll finally realize how he should have looked at life differently and try to become one when he is 40 and his wife leaves him for one, saying "All you do is sit around here bitching about everyone else instead of getting up and doing something...

Yeah, they have a lot of different options including pure direct co-location at the exchanges. They pretty much start you out on Echopro (their Sterling) then graduate you to the ML Order router, their order router, and on up as you do more volume and build acct (or trust I assume). At least...

C'mon, no way it is 1-2%, maybe 10-20%, but even then that is the point - If you ask someone who failed, of course they say no. But the interesting story is seeing how many of those who succeeded who say no.

Would be pretty cool if Elite had those kind of restrictions on people joining. Hey Baron, idea for you: Some sports message boards like Rivals.com and such will have some message boards where everyone can read and post, and then a private one that costs money and is more exclusive. How...

I agree that the Income Tax blinds us from the cost of everything, I don't know enough about how a needs tax would work so I can't say much about it but so far it sounds a lot better than the current system, that's for sure (but what doesn't). Maybe on this forum everyone blames the poor for...

I think that is more of what he was looking for, obviously since most traders fail then waaay more people would be negative about it if it was a question to everyone that tried. I think it is more interesting to have it remain with successful traders (self-proclaimed at least), asking the...

The whole 20-lashings for spitting gum on the sidewalk, while in a way I like it, also kind of scares me. Are there any good non-asian places?

Antitrust, You were very engaged in the conversation until I asked this question, and then you disappeared. I have always wondered how the people like you justify the inequities in the tax system, I really would like some insight as to how you answer this: The reality is the top 5% do not...

I haven't seen Assent's software for a loooooong time, and stuff changes so fast in this business my opinion is probably outdated. I did go to an Assent office some 5 years ago just to see it and it seemed like ok software. My take on it then was that Assent's was more for keyboard "hotkey"...

I am not to the extreme that you are, but I know your pain. My years in this business have changed me a lot, more self-centered - yes, less forgiving - definitely, emotionally angry, sometimes. It is a tough business, probably one of the hardest things a person can do, but funny enough, I...

OK, personal attacks aside (besides pointing out that with your 15 spelling and grammar errors in one post I have a hard time believing you are not a biased recipient of democratic handouts) we'll just look at the numbers: If you say that 60% of the income should pay 60% of the taxes, then...

Of course the upper group generates more income on the types of assets they own, in one sense that is WHY they are the upper group. If you had your way and say took all the assets from everyone and redistributed them equally, the upper group people would still make more on the same assets...

We're not talking about taxes on what people own (outside of property taxes), but taxes on what people make. But even then, with the numbers you mention, that would be much more fair. If the bottom 50% paid 15% of all taxes instead of 0% that would work for me. Bottom line is what made this...

That's the point, some countries they hate Americans, some they love Americans, don't have to even speak the language and you are a king. Wouldn't you rather go to a place where the women love Americans rather than a place where they hate Americans? Hate to say it, but those are exactly the...

That's the hard part, thinking about it like a single person it gets pretty easy to live somewhere else, the main thing is if the chicks dig Americans there. But with a family and kids, wow the choices narrow to pretty much nothing. When you really sit and think about it we have only three...

Don't even respond to the guy Don, like someone pointed out he has 3500 posts in one year, he is just sitting behind a computer with nothing to do all day but try and create drama to feel better about his life. Firms like yours provide a valuable service by allowing traders to trade directly...