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What a typical car geek. When was the last time you talked to a girl? Maybe you might want to pop those zits off your face and ass and stop jerking off to porn on the internet...and get a life.

Well, I just put a down-payment on a new Porsche Boxster. This wouldn't have been possible if I had still been with my previous job. If you have 1 year to burn, I'd say, give it your best shot and see where you go from there. Remember, everyone's different...your pyschological make-up will be...

you sign a piece of paper. they own your ass for life. simple as that. just kidding. prop shops let you trade firm capital rather than your own. in exchange you generate commissions for them through your trading volume. there's your good and your bad with all prop shops. but...

I work at a prop firm, and sometimes think that some traders simply have way too many monitors. For example, there's a row of korean guys who sit near my group. Each of them has 7-8 monitors each. Perhaps if they made thousands of dollars on a daily basis it would be justified, but I'm...

dumb rule, but if it's the contract, you have no one else to blame but yourself for signing it. you can't treat prop firms like retail brokerages. it's not as easy to pull money out. they're not your ordinary etrade or chase bank since a lot of them are structured as partnerships and more...

i dunno, but there seems to be some heavy favoritism to the UC schools, which i don't think are all that. top UC school in USNews rankings is UC Berkeley at 20. this chinese ranking system has the school at number 4. do these chinese guys know something we don't?

you better watch out. that continuing ed test was extremely difficult to pass. :p

Total bollocks. Bunch of Chinese dudes trying to quantify and rank mostly American universities based on frivolous information. Did you guys even read their ranking methodology? Rutgers, Univ of Minnesota/Wisconsin and Penn State ranked higher than Brown and NYU???? Give me a break! I...

i don't know what 50 grand really has to do with all this. if you really feel you want to give it a shot, by all means, do it. i know quite a few people who've crossed over from i-banking/institutional trading to trade on their own at prop firms. some successful, others not as successful...

not sure how far you can get with an f-1 visa. i don't think you are allowed to seek full time employment during your status as student.

There are many Koreans who are in this industry. I've gotten to know quite a few. Koreans seem to stick together and help each other out a bit more than your average folk. You should try to network and meet some of those guys. If you want, I can pass your name to a couple guys who work...

ALL PROP FIRMS REQUIRE YOU TO PASS THE SERIES7. If you don't want to study, go to a retail brokerage and trade there.

Yes, that's right. No, I'm not trying to be funny. I'm bringing in 4 guys to work with me. The firm has a program where I end up making a portion of what they generate in the long term. I get to ultimately decide how much they should be charged in terms of rates since they all put up...

I'm currently taking on 4 brand new traders into my group. I'm wondering what would be a decent rate to have them start out with. I don't expect them to trade more than 4000 shares until after 6 months. They all put up cap and are expecting me to show them the ropes. What are most firms...

I work at Worldco. I'll try to answer: >>Why have they changed around floor to floor in the building?? Worldco, in the past year or so, leased two full sized floors in 100 Wall street to centralize most of their traders. These floors have no walls and are completely wide open. Before...

Worst setup is trading in afternoon based on futures movements or bid/ask size. You're bound to get chopped up. Definitely, trend is your friend for afternoon/slow time trading.

I see many positions opening up in Hong Kong, Tokyo, and Singapore for "Junior FX Trader" positions. Does anyone know what these positions are all about? Are they just sugarcoated descriptions for prop/retail outfits?

Hi, Just curious what the rules are for partial fills? Here's what happened to me today: Was long IBM for 1000 shares. Market started to dive, so I decided to sell all 1000 shares. Got filled for 300 shares. Next two prints, no fills, then I got filled for the other 700 shares at an...