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Your welcome... Most of those firms require Series 6 and L&H. You've got the 7, so that takes care of the 6. Tell them you'll study for L&H after they TAT the 7. Stats show that 6 is harder test than L&H, thats based on my friends opinion...he's a regional manager for Met. So they may snap...

See this post from June '03 (point #3) http://www.elitetrader.com/vb/showthread.php?s=&postid=277934#post277934 Dont play games with the NASD, they've caught on to "parking", in the Oct '03 NASD Bulletin. If anything stop into a local MetLife and speak with the sales manager, tell him...

7 was always required to trade prop (risking NASD member firm capital). In 1998 or 99 NASD invented the 55 to register all "market makers" and "prop traders". This was mandated by NASD, and no one else. The prereq for the 55 is the 7 or the 62, that is the only reason why 7 is required. I...

You're welcome Dave. When you say "floor traders" I'll assume that you mean (NYSE, AMEX, PHLX, etc), in which case they are S7. The average time cycle for a newbie getting 7,63 & 55 is: - Open window with NASD- 1-2 weeks (assuming a clean U-4) - Schedule 7 and study - 3-4 weeks - Schedule...

Hi AZ, Bundlemaker is correct, there is no waiting period. You will have to wait a period of time for a "window" to open up for you at the NASD. Once the window is open you will be given a timeframe to take the exam(s). However, some firms may have their own waiting period. There are two...

Hi Jz, I can empathize with your situation. I was a Financial Consultant (glamorous title for stockbroker) for 6 years, and then made markets for about 6 months (most of that time mentored by a guys who retired as head of GSCO OTC & market making ops). When I left my retail book behind...

ROTFLMAO! My stomach hurts from laughin. You too funny LS! :D

Like your signature LS. :)

Can't wait to see what the market has for me in 9 hours! :D

I just do what the market tells me. :)

Check into some of the frequent posters here. You've come to a good place to start (ET). There are a trillion posts here. Books? PM me...I'll lend you some for two-weeks (hold on to your money)

I LOVE MY CAREER. I DIDN'T HAVE A PASSION FOR TRADING UNTIL IT FOUND ME. You're passion for trading must come from the heart, if it doesn't your mind will not cooperate. The best trades (whether winners or losers) touch my soul in a way that nothing or no one else does (except for Mrs...

Bravo! On the money Don.

I had my records validated by my CPA, broker-dealer(s) and the B/D's clearing firm. B/D alone is not always accepted, unless they self-clear. Good luck.

I think that decimals instead of fractions has led to more crotch groping. Just my opinion. ROTFLMAO!!! You're the best PL!

Tapereading still works with Naz stocks, and to some degree on listed… It is my opinion that those who operate in the smaller timeframes (1,5 & 15min.) and do not read the tape, will be consumed by those that print and read it. Volume dictates price. Three questions I ask whenever I read...

By far the most tiring and rewarding read I have ever had, over 300 years later and its principles still apply. As far as I'm concerned, it is the markets' equivalent to the "Art of War". All of yesterday's and today's noteworthy market books (including Livermore) got their substance from the...

Nice chart. Thanks for sharing.

As per my legal advisors and personal exeprience, the name of the LLC is irrelevant.

Jem...this is great news. I'm so very pleased that you found something that works for you. I'm glad that I was able to help you find what you already posessed. Please check in once in a while and say hi!!!