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Don, when are you coming to Vancouver?

so basically, NACI is Tim Sykes?

I try to gauge situations by thinking "in x amount of time, how much will this situation effect me?" So, i have a bad day and lose lots of money. I think, in 24 hours, how much will this sting? In a week, will i even care? In 2 months, will I even remember? If you are a profitable...

TM, How do you know they havent closed the trade? Do you know what stock it is? Do you know who knows what stock it is? SEC dream to watch those insiders... no?

I made good money at Title Trading. I made 20k my first year and around 60k during my second when I worked at Swift Trade. But, of course, theres no Title money without Swift Trade starting me.

The market can stay irrational longer than you can stay solvent.

I think your trying to compare apples to oranges. How many of the traders with 500k BP can hold 500k of stock directionally unhedged overnight? I would guess if they are at a regular prop firm, the answer is 0 of them. Stat arb, and extensive enveloping most definitely requires many...

I think its fairly safe to say a prop shop will do anything short of illegal for a trader that makes money. Hell... some would probably do illegal things just for a piece of the action! They key is demonstrating making money, not just talking about it.

Dont forget the context of this thread. Theres a difference between walking in off the street having never traded 1 share and having a real strategy that you can prove over a history of trading your own money. I think pretty much every prop firm out there except title and swift are set up...

After a short while of seeing people come in and out the door of both a place i dont run and a place i do run, its very very obvious to tell who gets it and who doesnt. Having said that, i think im more than lenient at first given the fact that its normal to suck a lot. Losses are expected...

Except for thats now how swifttrade works. There is no 'capital contribution'. More likely, you would start as a trainee with a $50 stop and when you hit it a few times in a week, you would get fired. If on the off chance you actually succeeded to the point of a $300 stop, you would most...

Man you guys, all this praise im gonna blow up on Monday aka NBBO's egotistical stage! ET has been awesome to me too, ive been able to meet some great people. Theres nothing better for success than having peers that are more experienced, have better real edges, and are willing to share their...

Im not really sure they had that many actual bad days, more likely just loss from top. Stop outs at swifttrade are designed to shut you down fairly quickly. I recall hearing of a few 10-30k down days, and several "I was up 20k and ended red 1k", but the success rate was so high on that strategy...

Maybe i can start selling T-Shirts and get a Facebook group, start to really capitalize off my handful of fans. There might even be a free T Shirt in it for you EricP! lol... Miln Arb when i did it consisted of sending a bunch of 'test orders' to the miln ats on the bid and the offer. When...

the other funny thing has got to be the fact that at least 4 traders who get 0 attention on this board and are much longer term and better than I am have already posted on this thread. They are the guys to ask, im just some hack who has a history of great discipline and is continually blessed...

haha people are funny. How I went from 0-2k a day at swift was simple. I was lucky enough to start at branch that stole mnx's strategy for millenium ATS arbitrage. I fagged out pennies for about 6 months like a complete monkey. When it started to die i had to quit. After that, i...

I think im going to start going along with his calls. He cant be wrong all the time. He has to catch a hot streak eventually... Doesnt he?

Nice trade man, i had 1500 from 23.80 to 30.20. Thats a tape to tape impressive trade, kudos.

Yes, so complicated my mind is imploding into a singularity just thinking about the scope of its complexity! But, in all honesty my best strategy is a combination of taking whatever trade I want for whatever reason, and when wrong, cease being wrong.

haha, long time no see! welcome back!