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So here's the question I have yet to hear a very good answer for: Where do you go? I mean suppose someone were actually open to the idea of heading to another country, anyone who makes good money thinks about these things every so often, seriously what country do you head to? Real country...

Dang they beat me to it, now they'll be the ones getting the Nigerian General's $20 mil. I could have used the extra cash, oh well.

Very true, I do everything in my power to end every day flat, I am a pure daytrader. There are times that things do not go as planned and I take home some positions, in that case I try to hedge with SPYs but that is nothing more than a dirty bandaid really. For me, I equate taking home stock...

With how this thread has devolved into a fight between futures vs stock guys, I fear stepping into it. Always interesting how some guys are so entrenched in one or the other and hate the guys who tout the other. Stock guys vs futures guys is worse than Repubs vs Dems, almost more of like how...

This is sarchasm right? If not it is probably one of the most incorrect posts of all time here. Have to be kidding.

Wow man, gotta say this post makes you sound like a total lunatic. Incoherent triumphant babbling, you sound like quite the diehard commie. Might want to ease up on someone like Sandy in the future that even though his political views are not the same as your own, makes a very well thought out...

Here's my fear, you hear stories where people did not think they were doing anything wrong and they wind up in an IRS mess like this, and it sticks in the back of your mind. In your friend's case, was he messing with the IRS to hide money or was he all on the up and up and they just took him...

I'm not thinking about doing it, I unfortuntely probably way overpay my taxes because I don't take any chances at all when it comes to the IRS. Just curious how people do it, you hear stories and never know what is true and what is incorrect... much like all the debate here. Funny how...

Please excuse this ignorant question, I get the feeling everyone already knows this but me, but I have to ask it, this thread is a very interesting read: If you move to Hong Kong say, renounce your citizenship, but then refuse to pay taxes for those 10 years after, say right when you get to...

So you saying that the 20-cents per thousand those guys pay INCLUDES ECN fees/SEC fees/activity fees??? I call BS on that but if it does I would have to rework my math because I figured any trader at any firm would have to deal with those. I'm done after this post on the subject, I cannot...

Yeah, sorry, got a PM that pointed out the math. The way Echo quotes rates is saying .002 per share, when someone said .0002 per thousand since I always think in terms of hundreds I figured that was the same thing, to clarify I was discussing $2.00 per thousand, someone said the math they were...

I have probably said too much, I'm not here to brag about my deal or anything of the sort. Yes I get that and have a very good deal, but I do a TON of shs, and I don't want to specify exactly how many because I will never be one of those guys telling people here how I trade or giving any clues...

Hard part is obviously everyone's deal is different, I can tell you I am with Echo and my commissions are a touch lower than the rates I have seen posted here for those other firms, and I get 100%. But as you also mentioned I am a high volume consistent guy, so I am sure a lot of guys have...

Actually you are incorrect. When it comes to retail/unregulated prop firms vs. regulated prop firms there is a ton of regulation regarding giving leverage to traders. There has been a ton on the subject so I won't rehash it all, but bottom line is the SEC does not want retail traders getting...

Don't know about you guys but I woud never go to a firm that keeps a big % of my profits like those you mentioned. Echotrade or Bright are the only places I consider, both regulated and both pay out all profits.

I disagree, I wish Don Bright would post actual numbers so we could see for sure but I would not consider Tuco a "prop shop." Obviously the SEC doesn't either. :) While even at prop shops I would agree that the majority lose, I think the real prop firms like Bright and Echo have a lot...

Why don't you go to a prop shop like Echo where you can connect via API and get leverage? That's what I do.

OK, totally getting sick of all the MSNBC programs that are full on liberal propaganda machines, Keith Olberman and the like. They bash republicans on a huge scale, I would think even hardened democrats would think they take it too far, you be the judge: Here they call the the tea party...

Yeah, for real. Only THIS GUY should post. Ever. Please everyone do us all a favor and send all posts and all threads to this guy first for his approval, he has done all the homework on every topic and only he will decide when you should discuss anything. I wouldn't even take a piss or feed...

No clue about these guys in particular, never heard of them before this thread. I would hope they would be smart enough to do something different than Tuco, but even then I know the SEC doesn't seem to like non-licensed traders being given greater than normal retail leverage based on giving...