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If you decide to pursue the daytrading option, you might want to seriously consider prop trading. If I were you my main concern would be to make sure that I held onto as much of that $100k as possible. I have seen too many of my customers blow $100k, $200k or more trying to retail daytrade...

Remember that at many prop firms you can trade remotely or in an office and sometimes do both. Most of them that require you to put up a deposit will probably work with you on the hours that you can trade, due to the fact that you are mostly a customer. What would they have to lose? One of...

I declared chapter 7 back in 2001 (when the bankruptcy laws were more in the consumers favor) after I got laid off from an online brokerage firm where I worked. My only debt was from credit cards and medical bills. While going thru the bankruptcy, I obtained a series 55 license (I already had...

Some states within the US allow private citizens to possess full auto weapons, but you also need to register the weapons with the federal government and pay a $200 transfer tax. Also the full automatic weapon needs to have been made before 1987, when congress pass a law banning new machine guns...

Just curious...does the Sterling software provide futures quotes and is there an extra fee, for things like crude oil, natural gas and gold futures?

This is a very interesting yet potentially dangerous field of study to pursue. I remember about 10 years ago watching a rebroadcast from a black talk show from 1970 where a white anthropologist was being interviewed and debated. The white anthropologist was warning that two many of the...

Echo Trade has a Chicago office.

Lots of states allow open carry, but it is not widely known...even among law enforcement...so unless absolutely necessary I would not advise it. The cops can also arrest you for disturbing the peace, if citizens call them to complain. I have a concealed pistol license in Michigan and recently...

Tiger woods has never identified himself as black. He calls himself multi-racial or something.

dirty edomite...I want to tell you how pathetic and foolish that you are, but you already realize that. You are probably smart enough to know how ridiculous it is to think of the president as a laughing stock and a traitor when you openly say that you hope that DC gets bombed and even do not...

Some cities like Dallas and Fort Worth Texas have options on the land way outside of the city and can actually annex prosperous suburbs. Cities that have smart planners and governments can learn from the mistakes of Detroit and avoid many of the problems that destroyed it. The race riots...

I also live in Michigan and used to live in Detroit. After the 1967 riots the whites moved out of the city and ever since there has been black flight also. Some blacks move to the suburbs and many leave the state heading south. This has destroyed the tax base of the city and contributed to...

The Ft. Lauderdale group are Assent traders or a sub LLC? Do they work together as an office or are they a just successful individual traders? I think that there is a great need for mentoring and collaboration within most prop firms, but the little that is often times offered is inadequate...

I had my seres 7 and 55 and 24 prior to going to Assent, but I think that they will sponsor you. I see that firm "Chimera Securities" clears thru Assent. Does anyone have any experience with them? Do they have a good training program? What is their profit split?

The firm that you are trading with now...did they have a good training program? Do you think that you are profitable because of what they taught you, or did you pretty much learn on your own. I have seen the ads for firms like Chimera and Opus Atlanta and SMB and have always wondered how...

I no longer prop trade and currently work at an online brokerage firm. I left Assent because I was not making money and needed cash in a hurry. I started trading at Assent under the wrong circumstances. I hated my previous job as a principal at a financial advisor firm and left without...

What city is the Assent office in, with 30 good traders? If you could get any coaching or mentoring from them that is invaluable (but only if they will consistently coach you...which is unlikely). Several years back I traded remotely thru Assent and paid .005 per share. I deposited $5k and...

I guess that some in congress just want to end all active trading?? They want to force everyone to buy stocks and hold them...permanently?? Of course the SEC fees will have to go up dramatically also, with the great reduction in trading that is sure to follow. It seems that almost everyone...

If the Democrats are thrown out of office and the republicans regain control of the the white house and the congress in 2012, then what? The problems will not go away and the easy decisions have been made. If the republicans do what needs to be done and aggressively attack the deficit, they...

He keeps putting his foot in his mouth.