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    Questions about prop firms...

    Well, I guess it all depends when this fella said this because if it was 1999-2000 that would be appropriate. If you said the same thing now about daytrading equities, i don't agree with you. It is just a discouraging statement. For instance, if you a trader who has only been trading a year...
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    Boeing Union Urges Machinists to Strike

    That is what every person on this board complaining about unions totally agrees with. According to the article the union is fighting for their pensions, 60/month for every year. so for 30 years of work that would be a whopping 1800 a month to live on. The union wants a 33% increase versus a...
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    Oil Prices

    Saudi money controls and owns the Bush family and Friends. Watch Fahrenheit 9/11, it is really disturbing. Oh also featured in the movie are the Dem's rolling over to the Repub's several times during key and crucial moments in the last five years. It almost seems as though they are really in...
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    Oil Prices

    Maybe the refiners are purposely holding back production(under-producing). The electric utilities held back power production during the not too long ago energy crisis in california in order to spike prices. I remember everyone denying this at the time. Primarily they said it was because no...
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    What "TIME" of the day do you trade Most often?

    I trade the complete day. 9:30-4:00. There are opportunities arising as long as the market is open, you just need to find them. I eat lunch at my desk. I trade only equities. I am debating whether to start trading some premarket to broaden my scope of trading.
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    Anyone see the (Traders under 30" on CNBC

    I am sure that with all your "on-TV experience" you would have been so much better then them during a live interview. I am sure they were nervous and everything.
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    Trading bubble

    I really appreciate this responce, it is hard for my friends to agree that the extent of my dedication to the markets is normal or even healthy. Even though the traders in my group are committed and dedicated, I am sure they also sometimes wonder the same thing about me at times as my other...
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    Trading bubble

    I apologize for being so agressive in that previous post. Sometimes this message board will eat you alive when you post a dessenting opinion. We all live one life and if you are satisfied with where you are curently, that is really all that matters. I am happy with what I have accomplished but...
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    Trading bubble

    Well I didn't mean to single you out, my post was a general comment in regards to this thread and what seems like the overall sentiment of ET'ers. As for other uses of time, and that we may not have other things to do. Right....I think everyone can name a hundred other things that they...
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    Trading bubble

    I couldn't disagree more with this whole thread, doom and gloom all over your faces. It is almost like you are all self-defeatists. If you enter the arena with that attitude everyday no wonder your returns are dwindling. I don't think any athlete, sports team, salesperson, or trader or anyone...
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    What if housing is undervalued and the market is just playing catch up.

    A guy from Cantor Fitz said, on Bloomberg Radio, that he seees 30 years fixed at potentially 5%, if that happens we could probably see another leg or two up in the housing market in the next year or two.
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    trading on AMEX

    The AMEX is like any other market, money can be made if you know the right way to trade it.
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    lynx capital and prop trading in general

    1.2 cents a share is very high especially if you can get .6 at some firm. I know of one group that has somewhat extensive training and they charge 1.0 which I also think is high. In the end alot depends on the training. Also, many groups will offer training yet they may not even know how to...
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    lynx capital and prop trading in general

    Yes, means 5/10ths of a cent per share or 5$ per 1000 shares.
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    lynx capital and prop trading in general

    I don't think anyone is going to give a new person with no experience and zero track record of profits or volume traded 6/10th's unless there are a bunch of hidden fees. Also, if he is looking for serious mentoring and training I doubt even more that he will be able to attain that rate right...
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    Toyota chief fears GM, Ford demise

    You make it seems like Liberals point of views are off the mark for some reason. Hmmm...lets think for a second... Liberals want equal rights for everyone, conservatives want equal rights for white christian men only. Liberals want a fair legal system, conservatives want to throw...
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    Toyota chief fears GM, Ford demise

    I love when a company is succesful they praise management, but when a company like GM is having hard times they blame it on the unions. I think many of GM's problems stem from poor, stodgy management. Sure their costs are high, but that is also a national issue as health care costs are out...
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    Needtoknownews

    I actually use both currently in my trading group, since there is a human element to this, neither one is ever perfect. However I think NTKN is much better with valuing the customers they have. Before NTKN was available as a competitor, the owner of tradethenews really took advantage of people...
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    From Prop firm to prop trading for a Hedgefund

    What are the rates and for what type of volume. All you mentioned was leverage, which doesn't sound that great anyways. Also, 95% percent doesn't sound all that great either, prop pays 99%. So, if you make a mil, your going to give the hedge 40K a year besides all the commissions that you will...
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    Needtoknownews

    Two of my friends use the service, no problems reported by them, They have very good connections though.
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