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Both companies charge a grand for a training seminar. Why would a rep from either company divulge secrets? And aren't the two strategies pretty similar since Echotrade was started by Bright traders.

Definitely helps. Thanks for the heads up Dagve.

I appreciate the reply. It clarifies things for me. It reinforces my own opinion: self employment is the best.

Thanks for replying man. I'm going to graduate school soon and I just wanted to find out what kind of people these firms look for? Are they just looking for the quantitative math types or any major? And what was your day like? What's the current environment like? Is it a good time to get...

This is encouraging. I will definitely give it a shot in a year when I finish school.

How hard is it to get into Worldco? My resume is decent and I've got a decent GPA (3.4) but what's the competition like? Do I have a better chance of getting in if I put up capital and show that I'm serious? Any info is appreciated. Thanks.

Thanks for the reply. I just wanted to double check before my account got frozen. As to where I got the info...I got it from a customer service rep at optionsxpress. Another broker at investrade said the pattern day trader rule applies to equity options. I will call the CBOE and hopefully...

Hey Def. I wanted to ask you this because I've gotten many different replies from brokers. Am I allowed to buy and sell the same option in the same day? I heard that it is not possible to buy and sell equity options in the same day (unless your account size is over 25K) but it is possible...

What's the point of your post? The point of a discussion board is to inform. The complainers have some valid points. Just like the guys who say only good things about firms.

Any info is appreciated. Is there enough volatility and price movement on these things for intraday trading? Anything I should watch out for? Do certain days really affect these things (fed meetings, consumer confidence reports, etc)? And why didn't you take the trading positions Robert...

Just curious. I did research on the CBOT website but I was hoping to find somebody who actually traded these things either electronically or in the pit. It's a longshot but what the hell?

Can you open an account and trade forex? Gain capital will let you open an account and spot trade fx. I think the minimum isn't too high.

My best guess is that they would make more in OTC derivatives which have higher margins rather than just plain old forwards and swaps. I mean, the more expertise is required, the higher the profit margin. Just like any other business. Also, ever since the LTCM debacle, most banks are moving...

Yeah, it's one of the big players in forex. Are you interviewing with them?

This is something that really bothers me. Tradingmarkets.com has so many big names on there and they are all giving away their "secrets". Linda Bradford Raschke supposedly did the same thing in her book, "Street Smarts." The only reason somebody would do this is because the method doesn't...

You might want to try vault.com for better salary figures too. I've heard all kinds of numbers. Top bank currency traders can take home 1 mil a year. Ibank traders can take home a lot more than that. Back in the eighties, traders at Salomon sometimes took home more than 10 or 20 mil. In the...

This is a real problem. I think more water helps the brain think better but it makes me go wee wee. Maybe if I had some kind of catheter system... or maybe I could just use "Depends". That would get rid of the whole bathroom problem entirely :)

Good one. Yeah, I have to admit you might be right :)

I would like to eat pizza which is my favorite but it makes me too damn groggy. So instead I stick to grilled chicken, veggies and sweet potatoes or other healthy foods on the weekday. Basically, I try to eat like a bodybuilder would so I can keep my insulin level steady throughout the day. I...

It's great that you're helping the trading community. I hope you get into the next Market Wizards book!