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Don, Don, Don... Where to begin? Not everything here needs to be a Bright Trading advertisement. The OP question was "what are the benefits of prop versus retail?". Not "what are the benefits of Bright Trading versus some worst case retail firm?" More specifically, my reply was...

I think I can speak to some of the advantages. I have supported myself off of trading since the late 1990's and during the past few years have switched from retail to prop trading, and back to retail. Some of the benefits of retail (listed in order of importance) are: 1) Security. You...

I'll have to strongly disagree with this. All of the traders I know trade from home, and most make $400k or more per year and take trading 'seriously'.

(i^2) is <i>not</i> an imaginary number and does have a fixed value, which is -1, as you point out. Your teacher should have been able to explain this. i, on the other hand, <i>is</i> an imaginary number, equivalent to (i^0.5) which has no real value. However, I agree with her, that the...

Typically, that refers to taking distributions based upon life expectancy. For example, assume that you are 40 years old, and the life expectancy tables show that a 40 year old male can currently expect to live to the age of 84 (i.e. 44 more years). You can begin taking penalty-free...

Agreed. Shreddog and Corey are the best OPG traders I know. Meanwhile, others simply excel at increasing their post counts. Keep up the great work Shreddog, and thanks for the info. -Eric

It's all a question of liquidity. And you don't have to be managing billions to run into this problem. For example, assume that I am trading a stock (ticker ABCD) and want to buy it now at $32.15 per share, with an expected return of $0.02 per share (based upon past trading experience...

Wow, cool that you were able to draw "pure and simple" conclusions that even the authors were unable to identify. The players of the NBA are over 80% African American => Racism, pure and simple!! Average test scores are consistently lower for inner city schools for students of all races...

The answer depends on the share size of your market order. For small share sizes (100-500 shares) your average slippage will be small. For example, I trade Nasdaq and NYSE stocks with average daily volumes that typically exceed 500k shares per day. Over the last 20,000+ market orders, my...

Crappy past two days here. -$7581 on 361k shares and -$10,715 on 301k shares

Ugly day here. -$1710 on 521k shares plus, another -$7770 in open losses that I carried o/n and will have to deal with tomorrow. Quad witching tomorrow, and SEC fees drop by 50% on Monday.

I had to rush off to play some volleyball after the close, so I'm posting a bit late today. Great day, overall, though. Nice to see the volatility return after a brief quiet period late last week and Monday. +$14,172 on 705k shares

Starting to turn things around, after three bad days. So far this week: -$3658 on 288k shares +$6288 on 301k shares I scaled back size sharply yesterday, after poor trading days on Thurs/Fri, and today I regretted it. Hopefully, tomorrow will see continued volatility and a great trading...

Second consecutive ugly day. -$4352 on 566k shares (plus carrying another $5k in open losses to Monday)

Crappy day, today. No blotter, watching ACC tourney. -$5378 on 585k shares

The selloff late in the day helped. +$7197 on 593k shares

Disappointing day. Nothing like a strong uptrend to kill volatility.

Another good day. I hope the volatility continues. It will not likely end soon. +$17,669 on 798k shares.

First, yes, you can be certain the stock will gap down roughly $15 per share on the ex-D date. The tax strategy will not work effectively, though, because there is a minimum holding period in order to get the reduced tax rate for a dividend received. I'm not sure if this is 30 days, or some...

Silk, Excellent post. I agree with much of what you have said. This market reminds me of the markets of the late 1990's with LTCM and the Asian contagion. In recent years, I believe that the heightened dominance of hedge funds in the financial industry has led to ever reducing volatility...