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I'm 99% sure that a Canadian would not have to pay Canadian tax if he was working AND LIVING in the United States. I know of people that live near the border in Canada that work in the U.S. The first have to pay tax to the U.S. gov't. That amount is then credited to their Canadian taxes and...

I've asked Van Buren about this and Vito said that because they're a member of the PHLX that you would be grandfathered in. I know Bright used to be a member of the PHLX but I'm not sure if they still are. ax:D

Thanks Big J. That sounds like the worst game in town. $5.15 an hour is an obvious insult to anyone, (even if you're working at Buger King). If this is true, it sounds like another churn 'em and burn 'em prop firm. Ax

so true :p

I agree that complete incompentence from the hardware aspect (system freezing, etc.) could obviously be costly to a trader. But in my previous post I was refering to professional firms, not a retail outfit like IB. :)

I'll have to disagree on that one. I believe low commissions are the single most important factor in making money at this game. It is quite possible for a guy to churn his account or make a little bit of money at $.01 , but if commissions are lowered to $.0075, this could mean an extra...

Has anyone heard of this firm or traded there? Is anyone currently trading there? They're based out of NY. Nothing came up on an "Elitetrader Search". Has this company asked to be removed from this site (ala ETG)?? Don or Gene, if you have any knowledge of this firm, your...

Don, As the competitive business man that you are, are you going to counter Echo's aggressive pricing schedule? Just a thought. :D

Gene, Just for the record, what are the commissions for your firm on a per share basis? At what level do you provide price breaks? What are your "other" costs (desk fees, etc.) ? Thanks, Ax :)

No Don, my comment was not directed at Bright Trading. :D

McCorkle and Cook are good start. Now they have to throw Carleton Sheets and Don Lapre into the same jail cells! :mad: AX

DonPablo, Just wondering, do you have any experience with any other proprietary firms, or are you a retail trader? Do you know what their commission rate was? :)

The catch is, once you lose the $10Gs you put up, you're out. The other catch is most of these claim they will train you, but they couldn't give a shit if you're putting up money. It doesn't matter anyway, you have to be able to train yourself from within. :)

I knew a friend of a friend who regularly attended Wade Cook seminars. This guy was a freakin' doctor! He would piss away thousands of dollars for these seminars and then turn around a lose tens of thousands writing naked options. We tried to talk him out of these strategies, but he just...

Oops. My bad. :)

I was just about to ask the same question. AX :D

I saw on one of his ads that he charges $1 executions for 1-5000 shares. That is sick cheap. I'm not sure what his other charges are and I don't know what "the catch" is. AX

There is something to be said about moving out West to the desert. But Seriously folks, 1) to escape the oppressive tax rates of this socialist country 2) to trade along, and be trained by the Bright Brothers, Earl, Tony, and their other company superstars. 3) no state taxes in Nevada...

Show me where to sign up. With commissions that low, I'll pound out cash left and right. And i'll trade as large as they want me to. It'll be worth paying $4000 a month for a bachelor in NYC. Ax :D

It sounds like the perfect place for a guy that wants to get trained properly. What exactly do they teach? Scalping, momentum, etc. ??? Do they concentrate mostly on listed, Nasdaq, or both??? X :)