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ummm, they trade against you

Alert the free advertising police!!! :D :D :D This is not allowed on elite trader :D

I think you are a class B member of an LLC, which means pooled capital, which they extend leverage off of.

how about that the manager knows his shit??

classic- get three aliases, ask a question regarding a service with your first post, bash another with your second post, then plug your own service with the third. good work spammer!!

People who follow Cramer are lemmings !! Think independently!!

Hey, if you can make a G a day, great!! Just realize there are more than one ways to skin the proverbial cat (aka make $$ in the markets) so you don't have to hate on those who make it in a different fashion or in the corporate world. FWIW, I do agree that most order entry jocks don't have the...

Maybe if you would quit tokin' on the "hydroblunts" you too could become a successful trader instead of a jealous, whiny beeyotch!! :D :D

I bet all you mooks WISH you were big enough that someone would start a thread to talk about how you were doing in the market!! :D :D The reality is, most of you are hobbyists and wanna-be's, so STFU!!!

This whole board is full of angry, bitter traders who can't make money....... They see that people here are, so they have to come on this thread and piss and moan :mad:

If you have to get a second job, you aren't cut out for trading!! Make your $$$ first, then trade when you don't HAVE to make money every day in the market. Trust me, it is better this way.....:D

Keep in contact with fellow alumni from your school. I would recommend going to the career services center and looking up past alumni who currently work in trading, sometimes they are willing to help you out. Or if you were in a fraternity, network that way. As someone else pointed out, its...

The yahoo message boards are worse than these ones!!!!

Well, the same maxim that Don always preaches is applicable to hedge funds as well. Do your proper due diligence and you won't get burned!!

Hydro, you crack me up. Why are you so hostile to everyone and assume that you know everything about trading? Your earlier post about hedge funds in this thread shows that you only have limited exposure to them, perhaps the traders in your office that run a fund can't trade. When you generalize...

Don, to your credit, you are a gentleman. I understand that you have a business to run and that these forums offer a way for you to attract new clients. I am not trying to discourage anyone from trading prop, merely I am pointing out the disadvantage that an individual trader has against the...

Hint: Send him to San Francisco!! :D :D

Right, to each his own, BUT the reason the fund manager takes investor money is to make a far more substantial income than he could as a prop trader, proven that his strategy is scalable. The better traders, for the most part, say the hell with prop trading, I can make way more as a fund...

Hedge funds have way more advantages and information than your average prop trader. It is becoming increasingly tough to return consistent profits, with the black boxes and quants arbing out every opportunity these days. The times of catching huge moves are fading with the reduced volatility of...

DON, what you fail to point out is that people who start hedge funds are usually much smarter or have more of an edge than a prop trader. Also, if they are managing a couple hundred million and return over lets say 10%, then they get 20% of profits, that dwarfs the couple of hundred thousand...