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    What does a position keeper do?

    www.optiver.com It's an options market maker on Eurex. It has a "trader test" it uses to evaluate new hires. I'm guessing that's the kind of math you'll need to know. Friends of mine who interviewed at options market makers also had to do fractions and probability questions.
  2. L

    % of traders profitable at pro firms?

    If traders come into Bright (or any firm) and they all trade the same system, why do some fail and some succeed? In your opinion Don, what seperates the winners from the losers?
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    Recruiting practices for Prop firms

    Is there an interview process for the "low-cash" trader program? On the topic of interns, who decides which intern gets backed? The branch manager, you or both? Thanks for answering my questions.
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    Recruiting practices for Prop firms

    How does an intern qualify Don? Is it their attitude? Do they actually do some trading? Is it GPA like Worldco? I'm sure any info you could provide on this could benefit a lot of college kids on this board (and I'm sure there a lot). Also, is "low cash" a loan program? Or are you just...
  5. L

    Recruiting practices for Prop firms

    Hey Don, doesn't Bright have an internship program? And are you still funding some interns or have you backed away from that too?
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    Self Talk - method for changing habits

    I visited your site and it's really informative. Even better it's free! I was wondering what you use to get confirmation on your bull/bear flag trades. Stochastics? Multiple time frames? Any info on the bull/bear flag you want to give out would be appreciated. In your experience, do head...
  7. L

    Short Recommendation

    What kind of man needs moisturizer on his A**hole anyway? Are they targeting a certain market demographic? :)
  8. L

    Salaries for direct access traders

    I called the Chicago office. They offer a draw. It's kind of like a franchise type business. The national (NJ) office might have a different deal. And some offices don't offer prop at all. Not really a good deal because of ticket charges. But it's better than trying to trade with 0...
  9. L

    Salaries for direct access traders

    That makes complete sense. This game is all mental. It's all attitude. I think I have a better idea of what kind of hard work I should do. Nice handle :)
  10. L

    Salaries for direct access traders

    Hitman, you talk about people failing even when doing hard work. What do you think they are doing wrong? Is it just luck (which I doubt)? I'm guessing there is a certain kind of "hard work" that leads to success and a certain kind that doesn't. But I don't know what the right kind of hard...
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    Generic Trading LLC

    I recently spoke with hold. They do not have a salary. They have a draw. You have to pay it back once you're profitable! It's a living expenses loan. And then you start out with a 40 percent take home. That jumps up when you make more than 250K for the firm. Different offices have...
  12. L

    Day Trading Systems

    I found a Neural Network trading system from Ward systems. It's 3K but comes with a full money back guarantee. Sounds legit. Anybody use these things in systems trading? Any of you programmers try them?
  13. L

    Recruiting practices for Prop firms

    Only if it's from Harvard. :)
  14. L

    Globex Problems?

    Saving 3 bucks on commission to lose god knows how much in a trade isn't worth it. Switch to another broker. I switched to PMB. I'm happier with the service and the professionalism. Everybody's got an IB horror story.
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    know anything about etgtrade.com?

    Thanks for responding. I apologize if I came off as rude. It's always good to have a successful trader on this board who's willing to share his experiences with a firm or in trading. Good or bad.
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    know anything about etgtrade.com?

    How much do you make per hour? This whole thread seems to be a big dick swinging contest. I learned a lot about ETG on this thread and I'm glad I read it. But I don't think all these personal attacks contribute anything to this board. Sixty five bucks an hour gives you a six figure salary...
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    analysts annoy me

    ExBlockTdr: Can you clue us in on how we do this? As an insider, do you have any insight into this?
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    Historical emini chart

    Nextrend is currently offering real time e-mini quotes free for six months. I use it and it's pretty good. Not a great charting package but it works for intraday.
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    Forecasting Opening Price

    I just want to add to what Qwiktrade said. It's also possible to determine the shorterm trend of the day by looking at the open. Check out high/low in the open. Watch how the morning trades. If the first hour/hour half is below this 5 min open price range, then the short term trend is down...
  20. L

    Euro Bond Futures and Options

    Check out a post called "Eurex Trading"
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