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Or, become a customer and not worry about the firm's balance sheet and length of relationship with a clearing firm. SIPC protection is the key. 4 to 1 intraday and 2 to 1 overnight is plenty of leverage to get yourself in all the trouble you can handle.

Find a firm that is not swimply a brokerage selling leverage. Find a firm that is willing to take proprietary risk WITH you. A 100% payout is not all it appears on the face. A lower payout with the firm participating in your losses and profits could be better. Just trade larger to overcome...

I heard that the atmosphere there is piss poor. A lot of back stabbing and little cooperation among traders. Not much help for the new guys. They have some terrific traders, but they are not getting the calls they used to when the trader salesmen could toss them a 5 cent layup. If you get...

PMA, Hah! I find I profit by being negative. I mean that, by always looking at the downside I can protect against it. I make more money by not losing it. A healthy dose of skepticism is helpful to the trader. How long would you go eing positive and losing.

Have you ever tried to buy puts and sell calls when the market is dropping? By doing a bullet, and then selling out the stock, you have created a synthetic short position via the options. At the point you think the stock has stopped dropping, you buy back the stock and are now back in a hedged...

When things are going poorly in the trading arena, I collect redeemable recyclable cans. Don't need noone else in the dumpster with me.

Good call dude. WCOM

I am right behind you OvertheLine. I will be drinking Bud's looking for bikinis and waiting to fire at will at any sucker who tries to wreck the USA's birthday party!

Let's see them trade like the rest of us without order flow and see how they do... Those "traders" would get creamed. What do you call an ex-NITE market maker? Waiter.

That was my point. I wouldn't trust some of these low cost providers with YOUR money much less my own. Cost should not be your only issue. Capital and stability should be factored in. (Don, insert comercial here). I do not think a prop firm can survive on half a cent a share in the long...

If you are simply looking for lowest price, Andover is the best bet to get a cheap deal.

If its only on occassion, consider yourself lucky.:D

He is very busy counting his money and posting away on these boards...:D

If someone will lend it to you, you can short it...

If Clinton is a self-made man why doesn't he take responsibility for his actions? Has he paid his legal bills yet with all his $30 million in earnings last year? Did he ever take responsibility for that woman? He is a self-made man depending on what the meaning of "is" is....

If you're not short by now, what are you?

Help! Has anyone seen my uptick today? They all seem to be hiding...5000 on the dow?

That is true of all firms. The relationship between firm and trader swings in either direction from time to time but ultimately they need each other and the market finds an equilibrium. Everyone seems to like the concept of this merger. I hope they are right. For, hopefully, we here at Elite...

Another rumour...hmmm. The best answer is to be a retail customer, meet your own margins and never worry about stuff like this. For what its worth (very littl), I heard that the firm was being sold to a big bank so you never know...

If these secret tools are so gret, why weren't more people trading at VB (4 offices closed one in NYC) using these tools before? I hope it is a win-win-win not just a win-win. I hope the traders reap some of the benefits.