Search results

We'll see a 1000$ today. USD getting crushed again, should be interesting. Lots of opportunity out there, good luck fellas!

Ok, this thing is ridiculous! This is just constantly going in circles. Nobody cares if Swift and/or Title are not FINRA registered or SIPIC insured, it is a complete 'straw man' here. These 2 mentioned firms are NOT RETAIL BROKERS, offering people extended leverage on risk deposits. These 2...

Ya I got rammed like this once. Actually at the time I was trading on Lightspeed funny enough. It was the close I had 100 shares left to dump and wasn't paying attention and because the price 'looked' right I hit it. All of the sudden,I lost like 300$ closing out the position. I knew it as soon...

Those quotes are not actually in there for 'bona fide' trading they are 'default' quotes. You'll notice after hrs when a symbol is not being traded that quotes will default out to extremes.

Sterling has a number of stop features including trailing stops, buy stops sell stops, market, limit, as well as auto-stops that will be initiated by the software as soon as you recieve a fill. The stops allow you to choose a route and whatever delta you would like. The stops reside on Sterlings...

Yes I agree with the glorified retail, on the hook thing. My point was more that 'real prop firms' accept natural market risk as part of the business. Yes , anything can happen , and often does. The key is that good true prop firms educate their traders to situations that represent risk and play...

LOL, Ya , that is another thing with good prop firms. They monitor risk appropriately. They establish appropriate parameters with their traders and monitor accordingly. If you are in a position where you can take 200K losses then you of course should be pulling down some large numbers and it...

Read the most recent post by Szeven. Trading with a prop firm, or for that matter a 'psuedo prop firm' (one that requires a deposit) is a value proposition plain and simple. Szeven's post does an excellent job in my opinion explaining why he sees this as a value proposition and why he trades...

LOL, ouch!

Nitro, From my experience in this area I tend to agree with Trade4success in that clearing is just one of those things that, except in the most extreme cases, its just better outsourced. If you have volume to justify considering self clearing then you probably have the clout to really negotiate...

Why don't you just call them and ask. Why the hell would you come on here asking that question?

Exactly............... couldn't have said it better myself!

I honestly cannot believe that Americans are being so passive about this whole 'bailout' thing. I mean this is the country that calls itself the 'capitalist/free-market' leaders of the word and yet this government sponsored bailout [stimulus package and rate cuts] is sliding right through with...

You better check with your friend again. I believe his information is inaccurate. If what he is saying is indeed true then please post the branch and or who he/you recieved this information from.

If you leave an actual prop firm, like Swift or Title (and that is an important distinction, 'actual prop'), there is no further liability to the trader who was trading THE account. Notice the emphasis on THE account , not YOUR account. It never was YOUR account in the first place! The firm is...

Thanks for posting Red. Makes for some interesting conversation. Iran and Venezuela could become huge pains in the ass of U.S. economic policy with this constant talk about the U.S.$ . If they actually managed to convince any U.S. friendly producers not to accept the U.S.D for oil anymore it...

Just throwing this out there as a question(s) of curiosity. Do you think that the futures market for oil creates an artificial pricing? Is it truly an efficient market place whereby we all benefit by the market pricing mechanism? Or, is it just one big scam cooked up by us capitalists to take...

So what is all this going to mean for my E-mini entitlements? I no longer trade futures but I do subscribe to the CME e-mini feeds to assist with my equities trading. Does this mean I will have to subscribe to yet another feed from yet another exchange? I have more F--ing entitlements than I...

Ya, not long, only about 8 or 9 years. What I am referring to is the fact that many people refer to 'Level II' like it is some standard data presentation that is created and distributed by the Nasdaq market place. While in fact you are correct that the term Level II was originally used to...

Wow, sounds like a good old fashioned debate is breaking out here. Seems a number of traders have differing opinions on this topic of 'Floor broker iceberg/reserve orders' and 'NYSE level II'. Here's my two cents: On the topic of the reserve orders, seems to me that all though your slight...