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If you want to succeed, don't quit. Others will say quit. Screw them. If you want this, don't quit. Hey, the best strategy for being a trader is: Don't Quit. Even if you lose your money. It's the tuition you didn't spend on a Masters, if you choose to learn the lessons. Get some...

Granted. I actually don't know what tiger actually thinks...I can't find the data. Pete, yes, he said it, and it appears he followed through with it either as a plan or said it in hindsight. Maybe the analogy would be better if we had trading touraments. Where traders have one day, for...

Well you have your first right to disagree. I believe the best professional athletes in individual sports pick and choose, as much as they are able to, the places/courses they play best. Golf, tennis, etc. Your statement that Tiger IS the PGA tour is somewhat hyperbole. The PGA tour...

Let's "delve" into this. Tiger picks the tournaments his game has the best chance of winning. My buddy, an ex pba bowler, yes bowler, made his first trade today in my account. Granted, 50 shares. (I was kinda tired of him dropping into my office talking about trading, I decided maybe he...

His take on the Buick trade, is millions. So he made out well on the trade, so did Buick. Isn't the trick not to be influenced to buy a Buick if it's really not in your best interest.

okay...hate to burst the technobubble...but i trade on two computers. Computer one Intel p4 1.8gig 1gb ram, cheap slow hard drive, Computer two: ibm thinkpad 570, pII 233 with 198mb ram. I have a sprint pcs broadband card for both computers (same card uses pcmcia slots and have...

Uh who cares if it's the truth or not. I guess the consensus is that SAC is better than Susquehanna. So what if this guy is lying, so what if he is telling the truth. So what if he gets some PMs. If he went to princeton, unless it was on mom's tab, he's got a lot of money to pay back, so...

I think this post paints a good picture of the potential costs associated with wanting to have a massive public presence as a money manager. But I know an excellent trader on the West Coast here who read this post and believes some of it is pure hyperbole regarding the "have - tos" and costs...

well indicators only indicate what happened in the past. it's particularly true of developing non robust systems based on these indicators. however, hard to say that indicators do not help. if an indicator gives you more confidence to follow your trading rules, it's probably a good thing to...

I was thinking ... I think to be a good trader one needs to interact with the market, rather than looking at defeat/win// etc. Kind of like in the flow. In the flow means trades are profitable, and when you are out of the flow, you step aside. I lost money both days so far this week...no...

This is how I win. I trade an account. Profitable strategy: lose no more than 50x per day. I can lose many days in a row. I am still winning. When I make money, it's 200x to 500x per day. The only way I ever have a losing month, is if i lose more than 50x on any given day. Plain and...

take the terms of the deal..work out the differential when you consider the stock for stock ratio and cash....graph it....put on the spread ...take off the spread...put on the spread tak off the spread...reverse..take it off..put it on..etct etc etc. until you can't squeeze any more juice out...

So f***** what. What the hell does this have to do with trading?

Yep, when I was a newbie, back in 1999 2000 I went to this group, I think it was called OC daytraders..something like that. MB trading was the only firm they would talk about. Back then, suckers were paying like 19.95 a trade, just for "direct access." A total joke. I was a prop guy right...

Don, when I called your firm, a rep from your remote division said that you payout only 75% when a trader's equity drops below 15K. If that is true, than surely you take a percentage of their profits, correct?

Riskarb, post the name of the firm, please. It can't hurt them and can only lend credibility to this thread. Second, this whole thread was started by a moderator quoting an accounting service. "Some" firms have been targeted. Then, if you read the article, then Robert Green throws this at...

hey....it's free and eventually someone reads it.

10K 15K whatever 25K...if your strategy works, and you pay by the share, the only fixed cost is your data feeds. There is a little smoke here. Firms like you to put up the most capital possible beacuse they dont' like monitoring your risk tick by tick. They also know that more buying power...

The highest retail rate I have seen is $.005 per share as well. I currently pay .004. So the commish at retail joints isn't really much higher than prop. And the retail guys even come down with volume too. I guess my question is, what will happen to the firms such as Bright, Assent Echo...

So.....as I switch firms, should I be concerned if my new firm requires the usual capital as a risk deposit? I am doing the paperwork now. I have been doing this for 7 years, and it hasn't been an issue. I spoke with Bright last week, they required like a min 15K, some firms less, some...