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I`ll ad to Dr Z`s post and say this. I know of at least 5 $2 brokers on the NYSE that have closed up shop this year. And another lonnnngggg time member whose fathers father was a member is closing up his $2. These guys cant make a living on order flow anymore because of the ECN`s. I still don't...

Let me ask you this. Do you expect to do business for free? Name me one business in the world that doesn't have costs. Running a BD is high risk high reward just like trading the financial markets. I have been in the biz since 1996 and seen many BD`s come and go. I have seen a customer put a...

How do you think we got so good at abusing all the other armed services....:D

LOL...thats great!

Thats your comeback huh? Guess that I just made up all that on the fly using GOOG as my reference. They sure don't make mustangers as sharp as they used to. BTW you like I can fax you a copy of my DD214 with all my decorations and schools attended on it for proof. All BS aside I mean...

First off I got out in 94 after a little incident called "Operation Restore Hope" in Mogadishu and Kismayu, Somalia. So I am not a Marine anymore...former. Second my primary was 2531 and secondary was 0861. I attended jump school in ft Benning GA where I received my wings and completed 65 jumps...

Theres no way this guy is a Marine currently or former he`s to stupid. Even the real 0311`s I knew look like Stephen Hawking compared to him. Chris USMC 1990-1994 2nd ANGLICO "lightning from the sky thunder from the sea"

June has been good to me so far. I like to start each month with 100k account balance and withdraw excess end of month or if I need to add funds..thankfully I take out more than I add. :-) I know I don't swing like some of the others but considering I trade 100 lots its not bad.

What academics will never understand about the capital markets is price is price regardless of how it gets there. Maybe they should write a paper on the effects of mutual fund management fees on their pension fund returns.......that would better serve their buy and pray attitude.

Not much action thus far. one new pos SS FFIV. I got a brief sell signal in majors on the open but will wait until the close for confirmation. That was my first short signal in weeks.... Good luck to all you

I have one foot out the door of my current place of business and am in the process of deciding to go pro full time. My retail account has been in the green for 2 years and I feel its time to step it up. I have a few questions for anybody that swing trades at Bright. Sure I could go to the...

Here is my open P+L for June so far. With my top and bottom positions graphed. It isn't as exciting as scalping blocks but it works for me. :-). Glad to see this thread is back.....sorry for joining the party late

Where I live most of the latin illegals are skilled laborers. They make at a min $100 a day..TAX FREE. There kids go to public schools for FREE. They are there one month then gone the next..there presence does raise taxes considerably. I was talking to a real estate agent I know and he sold a...

Van K Tharp "trade your way to financial freedom" = helped me step away from the masses mentality and develop my own price based system. LeFevre(Livermore) "Reminiscences of a Stock Operator" = Enabled me to look past day to day fluctuations and embrace the big picture. IMO the best 2...

If you do want to make things easier and prime with someone you can still trade away via a DVP account. You can prime with one of the big boys or an IB to them and it looks great for someone like you who runs managed accounts. And like I said if you want to trade away to pay for an idea or...

This is why market makers take the other side of order flow.

I started the year off with 100k in my trading account. As of yesterdays close I am up $6078.32. The SPX started the year at 1202.1 on Jan 3rd and yesterday closed at 1198.1. I consider my performance clobbering the avg`s. I would love to take my strategy prop for some major leverage but...

This was a pleasant surprise. I wasn't even watching my positions today and took look around 2. Decided to override my tgt and sell. That means its going back to 120 :D http://www.elitetrader.com/vb/attachment.php?s=&postid=759314

Fairing OK this afternoon. Closed out TOL right after taking the screen shot for 9.72 points. Good luck to all this month!

Rough life eh? :) I actually put my foot in my mouth..got the cover signal near the close...GS has some support here so I figured I would grab my profit(roughly 7 bucks). I also closed out my other shorts on the close and went long some Oil`s mid-afternoon. good luck tomorrow everyone!