Search results

  1. C

    ECN Fees at Prop Firms

    yep. this is where order execution comes in. It is half the battle at the end of the month when you calculate edge per share. - Know the ECN's inside and out (price to provide vs rip) each ECN is different from price, liquidity available and other parameters. -make sure your clearing firm...
  2. C

    Prop with min. deposit

    by the time you pay for software, data, charts, news service that $1000 is about cut in half.....
  3. C

    1 yr Lockup of Funds at Prop

    SEC rule 15c3 for the 1 yr lock up. look in your legal agreement when you sign up with a firm. some firms have enough cash around, if you leave early they will cut you a check for the remaining amount etc
  4. C

    Need overnight leverage at prop firm!

    check out bright or Echo. www.stocktrading.com www.echotradeonline.com
  5. C

    Decided to only trade first and last hour.

    there are Bright traders who trade just the open and do very well, they are out no more then 15 minutes after the opening bell. then you trade the last 20 minutes with the Market on Close too.
  6. C

    How to go about getting a job as a trader

    that edge is dead :( place small bets and then the card count is in your favor, as soon as you place a big bet the pit boss will be alerted as the dealer will yells "big bet coming in" and they know what you are up too. Having a bomber come join you at your table....well good luck
  7. C

    How to go about getting a job as a trader

    do you know anyone who works at one these firms? go to college campuses where they recruit (chances are it will not be where you graduated and will require to travel to a top university job fair. I have a friend who works at Optiver as a programmer, He went to University of Chicago, has a...
  8. C

    Assent LLC

    it is S.E.C. rule 15c3 for the 1 year lock up. to the other post about training, it is different per branch. Call and find out. The Scottsdale, AZ office didn't offer training. more of keep to your self place with active traders. This office is no longer around. Again call and ask...
  9. C

    Prop Firm Advantages/Disadvantages

    Don nails all points down well :) alot of action and trading strategies occur in the first part of the day. Advantage of being on the west coast the market open at 6:30am so one can have a 9-5 while they learn to trade the morning. Several prop traders start part time, just make sure the...
  10. C

    desk fee

    really depends on so many factors where you trade, the city, the location in the city your trading volume per month (they may rebate you if you do large vol) the firm you are with etc some firms in NYC cater lunches so you bet thats baked in imo, Id say $200-$500 is average per month...
  11. C

    prop desks in nyc

    Jane street? first new york? but good luck.
  12. C

    Prop Firm

    based on what you looking for Look at Bright or Echo trade? both great places -Bright lowered commissions now and Echo rates are good -they will offer 20:1 intraday -10:1 overnight, you may have to pay a haircut fee -cover losses? this is trading you cover your own losses. -they...
  13. C

    "Woulda, Shoulda, Coulda!"

    buying Bidu after it dropped 70-90 points after its earnings..this was a few months ago
  14. C

    No Series 7, No Trading Education, Little Experience, Which Prop Firm?

    1. S7- again the Series 7 isn't that hard, prop firms sponsor traders all the time for it, you as a trader will have to pay for the test and the books though. 2. no training/education = look for a mentor if you can find one, work out a payout split etc or something. or look for a firm that...
  15. C

    Website suggestions/samples etc.

    best looking prop site imo http://www.fnysllc.com/index.php
  16. C

    prop firms in san diego

    trading from 6:30 - 1:00pm and having the whole afternoon next to the beach what more could you ask for ? :)
  17. C

    Important, all traders read, "issues"

    I agree, but its not that big of a deal. if you really help need with the S7 then Google your city + insurance/securities tutoring. Here in Phoenix, AZ there are about 5 different tutor companies that will help you pass it. A 5 day crash course + books + questions and one should be able to...
  18. C

    Important, all traders read, "issues"

    not all prop firms require traders to take the S7. it depends on the firm's SRO whether or not the tests are required. there are several great firms that just require a clean u4/fingerprint card etc but on the other side the series 7 isn't that bad. 1. buy a study book and read it to get...
  19. C

    Dell Precision T3400 or T5400?

    late to the party here, but I have a dell T3400 and its great. I ordered it with a decent video card and I paid $700 for it new. I have 4 22 inch monitors and I just love it. I use a notebook pc as well too. cannot be happier. I had a high powered high end HP before and just as happy with my...
  20. C

    Assent LLC

    they had an office in scottsdale, az and had some top notch traders there. Traders seem to like it. they do not offer training etc but good commisions, leverage and a decent platform (I think they still use Anvil)
Back
Top