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  1. W

    Do any prop firms allow odd/mixed lots?

    Or is it required to always be denominations of 100? Thanks, Wilt
  2. W

    Series 56

    I used Pass Perfect. I felt like "most" of what was asked was covered, at least 85%. It'll get you through if you study hard. Wilt
  3. W

    Apex Clearing Margins

    I'd love to know what that broker is. I've called other Apex clearing brokers and they have said that they use whatever margin requirements apex uses and LNKD is .45 at all of them, though my MBT platform says .25. My platform is always wrong, it never changes.
  4. W

    Apex Clearing Margins

    LNKD, YELP, CTRP, WTW, RVBD, etc, these are the types of stocks that MBT is shitting the bed on. Normal stocks. I don't trade tiny stocks.
  5. W

    Apex Clearing Margins

    I have been using MB Trading who uses Apex clearing but recently, they have been rejecting my orders using 4x buying power because they decided that a lot of stocks should have .45 initial margin requirement. MBT says they go with whatever Apex's requirements are. I asked nobletrading, who...
  6. W

    Legit firm who doesn't care about me

    I'm looking for a firm that is on solid financial footing and that will pay when disbursements are requested. Whether they have training or the lowest rates, I don't care. All I care is that I get somewhere between 4-10x buying power and that my deposit and requested disbursements are honored...
  7. W

    2012: The Battle for Survival

    Neke, I rarely post. I feel the advice I gave to you before was excellent. I think you should reread it. You have all the tools to make it, except the most important; a good trading strategy. What is yours, fading, trading news, what is it? I don't see how you recover until you identify...
  8. W

    Trading Tuitions

    Started in 1999 Tuition a little above 100K, maybe 110K Consistently profitable now, took a long time to get 25K and apply the discipline needed to not blow up. I had a lot of fits and starts because went I from job to job to trying to earn enough to get over the PDT rule or fund my high...
  9. W

    How much processing power does it really take for a trading machine?

    Haha freewilly, me too, but my add-on monitor is a 19 inch. I will be getting a 3 monitor setup shortly, but I believe a the power put out by a decent computer these days is plenty. Wilt
  10. W

    To become a better trader: Passionate vs Making Money

    You need to be passionate about trading in the respect that you have to always be trying to do it better; refining yourself. It's a dynamic game. HOWEVER, to make money, you must be detached and robotic. You must eat, live, and breathe discipline. Do not seek 33.7 on an overshoot when your...
  11. W

    OBAMA TO MAKE EMERGENCY STATEMENT @ 10pm EST : FOX NEWS

    I'm so happy! Special forces took it to him! What could be better!
  12. W

    OBAMA TO MAKE EMERGENCY STATEMENT @ 10pm EST : FOX NEWS

    This is good, but does it makes my stocks more valuable; not sure.
  13. W

    2011: Rebuilding My Battered Account

    I have faith in Neke. He's ok with the losses he suffers. He's ok with the big gains. He'll be back. His account peformance may be cyclical to an extent. I've noticed it in mine. I knock the ball out of the park in 2nd and 3rd quarters because 1st and 4th have a lot of abnormal bullshit...
  14. W

    What's your max drawdown threshold?

    If I'm simply long calls or puts, I've backtested that if you see it decline 50%, you're almost always wishing upon a star that it will come back. 30% is another good waypoint. You really shouldn't be going down much if it's going to be good. 10% is no big deal as it comes with spreads and...
  15. W

    Success/Failure

    I trade for myself, started by myself, and I believe that contaminating your talent with the perceived limitations you get from others is counterproductive. I am a very good trader, take my advice or don't. I believe you are setting yourself up for trouble by using limits like stocks under $30...
  16. W

    What do you do when you have opened a trade?

    Place an exit order for what you foresaw when you decided to get in.
  17. W

    Eroding profits

    Yes, I wish I could have gotten in on some FFIV shorts after earnings. Buying calls on AAPL after Steve Jobs took leave would have easily doubled a few hundred grand...Doh, got to live with it, daytrading is not my bread and butter thanks to HFT. Wilt
  18. W

    Eroding profits

    If there is one thing I hate, it's eroding profits. I was short MTG at 9.55, which was a brilliant price. I was looking for at least 8.8, most likely 8.5, and set a buy cover order for a take-it-if-you-can-get-it, but rational exit at 8. The homo sells off nicely today, has a big squeeze...
  19. W

    tradersaccounting.com; incompetents

    Thank you for the warning. Wilt
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