Search results

Anyone know how to calculate that or know of a site that has the formula. Thanks

Risk Management should be your first priority. Trading is a never ending war. Every trade is a battle. Be prepared to lose several battles but don't become so wounded that you lose the war.

This is common practice among the financial firms. I was lucky enough to be able to still trade when I was a T. Rowe Price. However, we were not allowed to trade (only for investment)TROW without permission. One guy I worked with was trading about a mil a month in various stocks and they...

+1

+1

We are all F*****.

Based on my research the average seems to be 4:1. Call a few and ask. Wanting to hold overnight will probably require more upfront $$ and some do not allow it at all.

Chuck, Be careful bud. Trying to cover 60 stocks when (if) the markets turn around is going to be painful. If you have some good profits already I would consider reducing your short exposure to 20 stocks or less and keep only the ones you feel most confident about. You could use a...

You should embrace the Series 7 as it opens many opportunities if you don't make it in trading.

The dumbdick quote of the year. Priceless.

Neke, I've been reading your results and I am COMPLETELY rooting for you but take your system and throw it the closet for a few months. It's not working. You can't tweak your system for irrational 500 pt daily swings can you? Based on the fundies the entire market is oversold. However with...

I agree. I don't think the fees are too bad. Don, Why do some firms have the 1 yr lock up and some don't? I was under the impression this was a SEC rule that applied to all firms.

I thought it was a SEC requirement? How do some get around it?

I just copied all the fees on their agreement form.

Broad Street reviews does not open in investimonials.

Here is the fee schedule for Broad Street. Not including platform or trading fees. I c&p from the my thread "what to look for in a prop firm" You 'll need the Series 56. Broad Street offers options with 5k. They seem to have a lot of fees. Here they are. Is this about average for a firm...

Thats some good information EVO. thanks I prefer to have a license so thats not a concern for me. Can you tell me why some (most) firms have a 1 yr lock up and some do not. I thought it was a SEC rule and required.

I really don't write options unless I put on a spread or leg into a long. I need the leverage to trade around my options using the underlying. I may spend only 500 to 1.5k on options just as a partial hedge in a given month. Broad Street offers options with 5k. They seem to have a lot of...