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  1. S

    PPT, fact or fiction?

    Why would they actively trade from both sides? Are they trying to make money from trading like a hedge fund? That sounds ridiculous.
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    Tuition Cost at Prop Shops

    Benefits of going prop. I know you asked Brazilianwonder, but I figured I'd take a shot. Fees and commissions vary from firm to firm. 1. if you're new, you maybe able to find a mentor 2. if you're strategy is capital intensive and you need more capital than you have, it's available to you...
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    PPT, fact or fiction?

    I agree with you. If it does exist, which I don't really have an opinion on either way, I think it would only be useful in slowing down panic selloffs during catastrophic events. If you need something to sit there and support markets long term, all you need to do is call the Fed and have...
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    Is it possible to set up own prop and borrow from banks?

    Not necessarily. There are a lot of people with either capital intensive strategies or strategies that net very little per contract or shares traded, and many times both. It's hard to implement these types of strategies as a solo operation.
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    PPT, fact or fiction?

    Does it really matter? If they do artificially keep the markets up, it will just make the inevitable fallout worse. The market forces will eventually win no matter what.
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    How much money your strategy could handle?

    Less than 100k. Super leveraged of course.
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    My Experience at a Prop Firm

    I'm not sure what you find so funny about that edge. The edge was real and lasted for many years. Traders and "real" prop firms made multiple millions for the several years that it lasted. I'll bet this hilarious edge made more money for traders than anything you teach in your boot camp...
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    Anyone worked for a firm in SF?

    Not SF, but SD. Same time zone. Asia is actually much better to trade from here than any other time zone in the US except Hawaii, actually did it for a while. At least you go home at around midnight and not 3am. European hours suck pretty much anywhere in the US, did this for a little bit...
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    Trading Job Question

    It is not a job if you have to put a deposit down. It is just a leveraged retail account. Depending on the office, you may be trained by someone, but more often that not, you will not get anything useful. There is really no incentive for anyone to train you there. They make money off your...
  10. S

    Gas Prices Set New Record at the Pump

    Yet the government's gauge of inflation excludes food and energy, cuz no one needs to eat and drive right?
  11. S

    Want to be a professional trader

    Go and get a job at an actual proprietary trading company. Not that pro firm bs that most people on ET are familiar with. A proprietary trading firm is one that does not require a deposit. Chicago is littered with them and they mostly trade futures, although some exist in other locations...
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    Have $25K.......Best way to begin learning to trade it

    I don't know where you're located, but you're best bet is to get a job at an actual proprietary trading firm. Not these pro firms that require a deposit. An actual prop firm where you trade firm capital, get a profit split, and are an employee. Most are located in Chicago and deal with...
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    Trader P/L 2007

    What is the easiest way to take a snapshot of my PnL? Do I need to purchase a paintshop or something?
  14. S

    Does changing limit size bump you to the back of the queue?

    Yes that's completely correct. Adding another 50 lot to your DOM in TT will be considered a seperate 50 lot order. While increasing the quantity of your existing order in the order book will drop you to the back.
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    Futures Broker - One price unlimited fills

    How will they cover exchange fees if they only charge you a fixed price? Please let me know if you ever find something like this.
  16. S

    Are you a full time trader? Answer these..

    5 years CA Futures - Interest Rates + Energy Fimat/TT
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