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    NYC S Corp

    Understood. Say there was no commingling, just solely trading. Which is a better entity for a trader? Yes, of course an accountant will be consulted. It seems someone always has that disclaimer. Corp appears to be better for health benefits and retirement plans. LLC are easier for...
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    NYC S Corp

    As a futures trader living in NYC, does anyone know of any disadvantages incorporating as a S corp versus LLC/partnership? I understand there is something about NY treating S corp as a C corp. Though I had to register as S corp status with NY through form CT-6. Why the registration if S is...
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    Best backtesting programming

    I got to see a demo of Tradestation 8 at Traders' Expo and was duly impressed by its backtesting functionality and ease of use. I did a search and Neoticker and Amibroker comes up as competitors. What is the consensus on the best platform? In terms of cost effectiveness? $99 (5k acct) for TS...
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    NYC Traders Expo

    Yeah, lots of Forex dealers. The eMini presenter mentioned something about no commissions but large spreads when trading Forex. If the trading firms act as market makers, they could be front running the trades. I just finished attending Green's Tax seminar. Lots of good info for traders...
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    NYC Traders Expo

    Exhibits started at 5PM. There were several classes throughout the day. Franz is for real. He was highlighted in Traders' World. Not sure why they didn't mentioned his name but I get the feeling he's their top trader amongst others. As for his risk management system, it's not very rigid...
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    NYC Traders Expo

    Went to the eMini presentation by Traders International at 3PM. Highlight was getting to see the "Michael Jordan" of traders, Franz Shoar. Averages $146k per day. Does 1k lot. The secret is his Bulls eye and gladiator signals. He trades 2 accounts, the large one (1k lot), which he...
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    Bonds correlation

    I've been reading a number of daytraders' books that mentioned how they use the bond market to forecast SP futures. Is this still the case? If so, would the 5yr, 10yr treasury bonds be good indicators?
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    Chat rooms for ES, which one?

    I took advantage of Trending123Fut/Naturus's free January offer on Paltalk. Nat has an uncanny knack for calling the ES futures. She's a bit hard to understand with her Asian accent but she's good. It's 250 per month. The only issue I have with the services is that I don't think I'll be...
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    job choice help! Goldman Sachs or Trading Firm???

    I just left GS this past month. I was in IT but decided I wanted to try daytrading the ES. I'd been in financial IT for 10+ years, before GS, it was Lehman. I think you should go with GS. GS trading desk is one of the BEST on wall street. I heard rumors they had a killer January. Some of...
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    Historical daily ES charts?

    I don't think this does it. I want to be able to see the daily ES chart for say, Oct. 14, 2005. The link doesn't have input parameters for dates.
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    Historical daily ES charts?

    What's a good source?
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    IB Book Trader Question

    1. Book trader has the open orders listed at the top. You can modify the fields and then transmit. Be careful. The 2 orders are linked and cancelling one will cancel the other. I thought it would be faster to right-click a new stop order and then cancel the old stop. Had to re-input a new...
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    ES/SP eMini services

    Hi, I'm in the middle of considering online trading ES futures as a full time occupation. I'm looking for good online eMini trading websites to serve as mentor. Any recommendations?
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    IRA account, IB and futures

    I spoke with an IB rep and he told me that trading ES futures with an IRA account required the full margin requirement aka 4k for one contract rather than 2k for regular intraday trading. Do all firms require full margin? Please post any that have less stringent requirements.
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    Naturus/Trending123Futs

    Anyone try this service out? Free January in paltalk forum. Seems like she knows what she's doing.
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    Understanding E-Minis: Trading To Win

    WofWS was published in '87. Does anyone have a more recent book that deals with the current eletronic tradng environment?
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    Understanding E-Minis: Trading To Win

    Go to traderspress.com. It has the table of content. Author goes into TA. I'll look into WofWS.
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    Understanding E-Minis: Trading To Win

    Anyone have an opinion on this book? Author is Jerry Williams and the ISBN is 0934380902. There are very few books specifically on the topic of trading the SP e-mini. Any recommendations on books that would help?
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    Best SP E-mini day trading strategy

    What do most independent traders use to make money daytrading the SP emini? I read the thread of scalping the emini and the consensus was that it was extremely hard to do. I've considered daytrading the emini or OEX options. Anyone have any opinions on which is easier to daytrade?
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    IB vs MyTrack SDK

    What is the better platform (cheap, reliable) for downloading equities data? I'm a programmer that wants to use Java to access the service and stream it to a MySQL/Postgres data.
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