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    Assent

    true prop firms don't ask for cash. the firms you refer to such as assent are retail trading firms that found a way to bypass the 4:1 margin rule. they are not fdic insured. from what i heard from a branch office manager, they are set up as franchises and clear thru assent clearing, a...
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    Any trader From Italy?

    when i was in venice, i asked a local about the lack of restrooms everywhere, restaurants, cafes, etc. and he said that if too many people flushed at the same time, the sewage system would explode.
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    Housing Rolling Along 2

    agree, but the margins in the boonies are lesser. my point is they're gonna have to sell more than ever.
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    Housing Rolling Along 2

    how can it not be.. rising prices is a component, cos it brings in higher margins communities near the city garner even higher margins than in the boonies cos they have had a rising premium above cost of land and materials. you have a point about land costs in the boonie areas, but the...
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    Housing Rolling Along 2

    in nj, builders are going farther and farther away from nyc to build. why? because there's no land left. one strange scenario could be that there is no housing bubble here, yet homebuilders tank anyway. homebuilder execs claim that lack of supply is one reason real estate has been thriving...
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    NYSE Traders

    i was thinking the NYSE need to realize that more volatility, not LESS will create more business.. extending trading hours is not the remedy. but now that i think about it, an element of guise here. the bigger pockets may have more an interest in something else. less volatility may lead to...
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    NYSE Traders

    then both will probably exist.
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    Consistently Profitable Day Traders

    as much as god created the earth.
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    Consistently Profitable Day Traders

    as much as god created the earth.
  10. L

    housing crash

    also, the real estate system penalizes those who sell. brokers usually take up to 6% in commission fees. an 800k sale will cost you $48,000.
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    housing crash

    low mortgage rates vs. historical levels and creative mortgage products (zero-5% down) has driven this real estate market. when mortgage rates approach 7.0%, this is when home buying will cool after the last big run up in housing prices. as prices stabilize, the first downtick in prices...
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    Are there any Lady Traders on ET? How do you trade, what are your strategies?

    i know a female trader who makes size.. unfortunately, she is butt.
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    So was today the month end push?

    that's what i hear from most people.. which tells me it probably won't happen.
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    It's all over for NYSE

    someone or people found an edge over you. don't think they broke a rule. accept it. stop b'ing. get better than those who are screwing you or else get out. the day i get snuffed out i won't ever trade again. but i do whatever i can to figure a way so that never happens. lights love...
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    who has conversions?

    "why can't people sell on downticks on equities. most other markets allow it??" in a mook trading world seeking efficiency, the uptick rule in equities creates opportunities cos it facilitates inefficiency.
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    Which is More Profitable - Swing Trading or Day Trading?

    depends on market. 2003 was swing heaven. 2004 is better for daytrading. do both.
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    Rock & Roll

    yeah i know what you mean.. seriously, there was nothing going down at all then one fine morning she puts on a new york station she couldn't believe what she heard at all she started dancin' to that fine music you know her life was saved by rock and roll.
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    Rock & Roll

    i met lou reed in the bronx when i was a kid in a deli. signed my jacket. he said i should listen to velvet underground's rock and roll. never listened to music except for the beatles cos some kid brought over his record collection during my 8th birthday and that was before john died, and i...
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    Stupidist decision I ever made.

    like sports.. you're no barry bonds.
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    The thing about "day trading"

    i have alot of respect and commend all people who partake in this type of game. cos the risk to reward kinda sucks... most people fail. if you make it, you are winner. you are a survivor and a success. congratulations to all of you who dedicated your time and did something with it.
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