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you know, I can see how people see that it's like a war, at first glance. But if you're good, it feels more like a sheep herder. If you can see the sheep going one way, and you know once they hit that rock (support) they'll come back to point X, then you can use the herd thinking to profit from...

the amount of leverage really is shocking, but not surprising. I'm surprised more firms aren't doing it. With the fed behind them what's to stop them? The article does fail to mention what percentage of the global market JPM has. All those numbers cannot be taken at face value unless we...

i agree you should go to school. why? Even though you might get in one firm, the problem is that a lot of managers are worried about covering their butts in case of another fiasco, like the last few years. If you have no degree, and another guy has a degree, but slightly less profitability, if...

first of all, I had a great laugh at some of the responses. good stuff guys..... you're really asking will people stop buying and selling stocks? I mean, all we are doing is buying and selling - an activity that has occured since the dawn of mankind. We just don't put our stuff in a store to...

just to let you guys know, Henry Blodget is higly recommending TestB - calling it the stock of the future. Growth rates of 120% per quarter, and he is calling for a price target of $1320.45 within the next 6 months. Losses and debts are also growing strongly. Reiterate Strong Buy !!

It's too bad that some of the biggest firms (well daytrade firms) treat their employees, the ones that pay the lights, so poorly. Forget all the talk about trading without bullets. Yes it's possible, but when you want to go short, you want it right now. If your firm won't give them to you, then...

No. that's my answer as to whether or not I want to put my faith in SM. For many reasons, and even though it's not out yet, and as such i should not have any problems with it yet, how can we, the traders, trust a system built by the big boys? They don't like us, and the money we take from...

hans, i know what you mean. INCA is great for NOT getting those damn 50 share fills i get with ISLD. Either you get 500 shares, 1000 or multiples of that. I hate getting 651 shares when i want 1000. It is nice to have the option out there, though. Don't get me wrong, i wish they weren't...

there was the documentary i think called "dot.com", not about trading itself, but about a few guys who raised and lots a fortune in their dot.com. it was pretty good, and in this day and age quite shocking at how easy it was for 3 guys to raise millions on an idea. cheers

in terms of the IDA matching the SEC, i wouldn't hold my breath. Changes in Canadian securities regulations move about the speed of a snail. In regards to a corp account, why not open an offshore account, then open the brokerage account through that account? They're not as expansive as you...

the one thing about i miss about offices, and working downtown in a big city is the sights - plenty of good looking women :D

Ben is the best, but it takes more than a few hours to get used to him. After a few days you begin to really get what he's talking about. As for whether or not it's worth it, well that depends on your time frame. If your swing trading, then it's not as important. In fact i see future moves...

First of all, Cash, you've got an awesome name. My suggestion of a profession is pro gambler - ie blackjack player. You come, you gamble, you win/lose. Now, running the casino is more profitable, but you have to convince people to gamble there. Other than that, maybe printing fake...

a comment on the ceo note. Yes a CEO has a very demanding job. But at least they have the security of knowing they will make 6 mil per year, and if they get fired they get 3 times their salary plus the stock they own (if it's still worth anything). A trader can work 60 hours a week studying...

Silver is correct on the pay scheme, and many of you guys are comparing client vs prop, and scalp vs swing trading. You are comparing apples to oranges. The problem is that there are not many pure prop trading firms left, except the big brokers. And not all Swift traders are purely scalp...

The thing is, IMHO, no one studies Physics to go into finance - they study Physics to explain the Universe, etc., etc. I have several friends that were lured away from Math, Physics, CS, etc to go to Wall Street - almost all of them hated it... Today they have Econo-Physics which is the...

the thing with L2 is that its a short-term tool. For a swing trader,who cares if you get that 2cents. For others, like me, i certainly care. I'm good at reading L2 and the charts, and when combined i do very well. To each his own. But to say it's completely useless is incorrect. Like all...

they will fight anti-trust saying that their main competitor Supermontage is still the leader. It's a load of crap. Why has INCA been having finanial problems? Less trading in the market is one reason, and the fact they had to compete on price with ISLD. That is now gone. Look for rebates to...

yes, i also think there could be some interesting arb opportunities, especially with the bigger players ie MSFT. Oh and i hear that they have agreed to allow the contracts to be fungible among all the venues.

hey stevet, funny stuff .... this F/X firm could also be a legitimate place where they hire you to get companies to trade their currency transactions. When i was almost done school, and i wanted to trade anything at that point, this firm was hiring F/X trades with little or no experience...