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***ECHO and Bright both charge a penny a share compared to the 1.1 to 1.4 you stated in your previous post.*** Once you turn profitable, you will have 1 cent a share. You are comparing people with capital with people who don't have capital. And I am not sure what Bright's treatment for...

Even with those $1000 seminars, I dare you say your success rates are better than ours (please no "after the first year the percentage is xxx%", hell the first year is EVERYTHING). It is totally unfair to ask us to give out the same rate someone who start at another firm with 25K capital...

Training is one of the most overhyped subject in this business. Every single firm claims that they will seat you next to the biggest traders, that they will run seminars, that they will teach you how to make money . . . The truth is, traders that trade, don't teach, and the seminars you get...

Damn, I didn't know he is down that much since he came here. I don't have the team performance monitor software installed yet and I guess I need to get it done ASAP. I did talk to him I guess he didn't tell me the truth. $1700 in 5 days (I thought it is $1K?) in unacceptable trading 300...

***1. What is a ticket?*** A ticket is a one time a day round trip charge on any stock you trade. For example if you have a $2 ticket cost, and you traded 5 different stocks today, it is $2x2x5 = $20. That said, once you have some experience, the ticket charge is gone. And if you do...

***Are you doing the interviews for your team or is it somebody else?*** I do the presentation of showing my set-up, our software, my P&L (if you don't consider it small potato lol, not much to look at but hopefully it will change), my team, etc . . . An actual recruiter will discuss the...

JWK: Totally agree, but I find it absolutely vital to quickly separate the dreamers and believers. It is far better to let them now straight up what is offered, and if they flame me, then they are simply not interested. I am looking for guys who really really really want it...

As I said, I completely don't care what other people think of how I do things, there is an audience on this board, namely the under 25K crowd, who deserve an opportunity to succeed. 1. I am 22. 2. My point is, I am not even pretending I am just trying to help other newbies, like everyone...

Let's put it this way, I can either "spread the word" on every single thread I post to, starts heated debates every time I see the word "prep firm", or I can keep it all under one thread. My trading journals have some of the highest hit rates of any thread, and I think it has been a strong...

I will be here to answer any and all questions regarding Worldco, LLC, one of the largest proprietary trading firms in the U.S. We specialize in NYSE and do 1-5% of the volume of the exchange. Unlike any other firm, it is completely possible to start with little to no capital at Worldco (I...

Sure hope the market can keep its pace, as I am most definitely looking for a breakout month here. 18200 shares on 12 of 15 shooting, +2166 before commissions, +1565 after, 3 bullets. Morning shorts worked out well and there was a brief hesistation on my part wondering whether I should go...

Actually, deep in my heart I know for a fact that all things being equal, a Ivy Leaguer from a wealthy family with an equal level of hunger will most likely wipe the floor with the blue collar boy. And being a first generation immigrant, the odds are stacked against us. The truth is, the...

Tony: I would assume you made seven digit this year, if that's the case you comfortably rank top ten in my firm, which is the second largest firm in this country behind Schonfeld.

A solid game as I took advantage of the morning rally. 6 of 12 shooting on 7300 shares each way, +1266 before commissions, +1095 after. I did a decent job avoiding afternoon churning and only gave back $70. With this win I am within $100 of my year ending goal of 70K, while it is the lower...

Tony: You beat the number one guy at my firm today by a VERY substantial margin. That said to be fair, it will be helpful if you post your numbers everyday, so far it seems every time you posted it is a monster day, I am not questioning your ability, but I think it would generate...

I play a lot of laggers, so if the futures and sector just broke a support level I would definitely go short on stocks that haven't moved. However, when I say "break support", I mean it just broke the support, not an extended move that broke support after some already serious tankage. I...

SK: I talked with boss last night, he basically said he has dealt with so many situations like this before, if he can't handle the case for you guys he will pay for it. Do not be afraid, focus your attention on the market. Ron: I send you a private message before, can you...

I am going to have my hands full with the upcoming months. Every time I talk to my boss, I learn something new. The man is absolutely amazing in his intensity and is razor sharp when it comes to negotiations, perhaps even more important is his tremendous people skills, he knows exactly how to...

I always anticipate the breakout. In a choppy market it is essential to buy from dips/consolidations, with proper tape reading you sacrifice some in probability but more than make it up with a super tight stop that comes with a great entry. As a matter of fact I usually pare out at least...

Wannabetrader and any other trader who are interested in trading prep (not glorifed professional) please e-mail me directly (it is under my profile), I can set you up with little to no capital contribution, and you will still be trading after you blow through it.