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Darkhorse, I met a New Zelander whose real job it was was to cut the sphincter off the lamb at the end of the slaughter house line. All newbies in that business start out ripping sphincters. Sometimes they are full or so he said while laughing over his 10? beer. That brings new meaning to...

Is the SoFla sun getting to you or am I the confused one? I thought you didn't trade NYSE stocks. Why so much time watching them? I am truly amazed (seriously) at your ability to trade your stocks, post tens of messages a day on these boards and watch the Specialists at their rippoff games...

I am a customer. Used to be a prop trader, but for the very reasons you want to be prop I wanted to be customer. I get 4:1 on my money. No risk of an LLC. Good rates, etc.

the name derives from when I first tried to post and had all sorts of problems on my end. Technology is good, just not to me. The only way to know if the answers are correct is to ask them for an audited balance sheet.

Tell them you are a speculator.

The Zone is the prop spinoff from protrader. Check them out.

The right questions are how much capital do I put up? How much does the firm have? What percentage is the traders and what is the owners? What are the owners long-term obligations versus their capital. What are their lease obligations or contracts that will erode their capital over time if...

Also, I fing that relying on software doesn't give me the sort of info of whether there are buyers or go along buyers or buyers at specific levels or VWAP buyers trying to time their buying etc. Software cannot do for the human mind what it can do for itself. Seeing every tick myself does...

I watch the SAME ones everyday. It's my job. My job to be there for the moves of more than .25 and to catch the bigger trend moves they may have. I know every tick on each of the stocks so that I know if there are sellers or buyers lurking in the wings to smack me upside my head. I have seen...

The novelty has worn off for us. God may have forgiven me, but my darn wife won't; go figure.

Buy 1000 shares of IBM. You'll find out real fast if you are a risk taker or not; your tolerance for risk. Or try many different styles (sclaping, position, arb, etc) small until you find something that just sits right with you. As Chas said, the markets will tell you more about your...

I watch 10-12 but trade no more than 5. Better to KNOW a few stocks than get blindsided in something new.

What trader doesn't argue with himself all the time? Chas as a self proclaimed reformed sinner would definitely know how us sinners connive and scheme.

Think about it, but I would give some traders 125% of their p&l I would make 25% of what they lose.

If the spreads are too wide for you in either an ECN or by the Specialist, then you should take advantage of it by trying to earn the spread rather than pay the spread. Too many traders need to pay for liquidity when these days (ex today and friday) it pays to ADD liquidity. Or, be right on...

The rules of the exchange were different when Jesse was walking the boards there, but the principles of trading remain the same. Read the book over and over, it will help. I contend that Jesse could trade today and make a great living if he were alive. The traders who learned during the...

Don't know about web site for the Zone, but they should be listed in the Austin directory.

I trade exclusively the NYSE so I must be a fool. Seems to me if one doesn't like the NYSE, then they should trade the OTC. Why make such a big deal out of bashing something that obviously makes the traders who are profitable in NYSE quite happy. I make $ trading NYSE and don't rip the OTC...

What's your primary criteria in choosing a firm? Is it rates? or something else or a combination?

Check out a company called "the Zone" in Austin. They are good people and are hiring prop traders with little or no experience.