Search results

technical analysis is more relevant in currency trading than I think any other trading instrument, whether it be 5 min, 15, 4 hr, or longer. You cannot hope to be successful without the use of TA trading currencies. FA is useful only for the knee jerk reactions or policy changes. Concerning...

Excellent advice for just about any type of purchase (except of course the gift for the girlfriend that you don't want the wife to know about). With cash payments even in a brick and mortar retail, you pretty much have no recourse. Good luck as you pursue this. There are people/companies that...

You can't swing a dead cat in this city without hitting someone who hasn't started their own firm/fund, etc. After all, this supposed to be the creme-de-la-creme. That doesn't impress. Or it shouldn't. But some people expectations may be lower than others.

And someone from "Momentum Trading" who does $5k on a good day trading an account around 1MM is worthy of mention? Or the social hermit who trades from home with his Ameritrade account?

I think he's referring to Assent. In a Hold thread.

Votes for the 1470 hoping you meant 1370!

In the article, they sing the praises of a guy who trades from his house thru Assent, yet there's no such derogative remark about Assent. So....?

Uh....I know that! Explain the comment. BTW, aren't you a Hold guy?

For someone (myself) who is a little late coming to the prop trading arena and doesn't quite know all the players yet, can someone explain this quote from the Trader Monthly "Top 30 under 30" article about Hold Brothers: Keith O’Malley Age: 29 Firm: Hold Brothers City: Jersey City, New...

It is easier to do it once a month because most prop/llc's don't have an accounting department to handle the day-to-day cash functions that you would find in a firm with many employees. Most props only have a few score of active traders. The owners are the ones responsible for ALL functions of...

Crash? No. Flat to negative growth from these levels thru the end of the year and into next? Yes

If we all say you're the best, will you then go away?

Get a dedicated T1 and connect directly with your trading server. They can't hack you that way and it's worth every penny.

I think he/she was looking for details on starting a prop ala popular format (i.e. anvil/genesis/lightspeed groups) not the PROPER way that Don mentions. In that case you need about 250k to start and an office and a telephone.

The old rules about hedge fund registration were thrown out last year which required a fund to be registered if there were more than 15 investors or 30MM in funds. It may still go back into effect, but right now it is not. If you are investing in commodities, and assets are more than 200k, yo...

The only way to get a tour of the NYSE is to have a floor trader sign you in and escort you around. Know any? If you wait a bit, the trading floor will have finished it's conversion to a museum and be open to the public. As to NYMEX, they no longer have an observation room open to public...

Stream works great during US overnight, gets jammed up during US hours. Too many people trying to eat from the feed.

SIPC protection is only for retail account holders. See Refco debacle.

It depends on where the DUI occured: A New Jersey case: http://www.njlawblog.com/2005/10/articles/securities-compliance-arbitration/dui-can-prevent-a-registered-rep-from-associating-with-a-brokerdealer/

Securities Exchange Act of 1934, Section 3(a)(39) and Section 15(b)(4): Section 3 (39)A person is subject to a "statutory disqualification" with respect to membership or participation in, or association with a member of, a self-regulatory organization, if such person- (f)has committed...