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    Shonfeld

    seems you have to be the right kind of ... guy to get into their lair. Seems they leave the vast majority of normal people outside. Also, seems that diversity is not their concern. That leaves out 94% of the trading professionals. So perhaps they are as good as they seem, as long as their...
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    Choose Bright or Echo?

    at the risk of inflaming the owners, traders and the "community", your question not only is direct to the point, but doesn't produce what you're ultimately seeking, which is affirmation / confirmation of "individual" choice. Individual choice weighs factors: .. like convenience to your home...
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    Who needs a prop firm?

    you are all over the place on this issue... normally when someone takes both sides of an issue they are Hedgers, Arb's or confused. Someone else also quite accurately suggested that as a newbie, you've got a lot of growing up to do. I suggest that you cut your teeth on private/retail...
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    Prop trading after decimalization

    Everything about this industry is repetative, and learning is through repetative experience as we progress through the time equation. Simply put, you can't expect to sit where the grown ups sit, unless your assets are as large and can cover the chair. If your assets are as large as...
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    execution quality at echo trade and bright?

    WTHAUS? (What the hope are you saying)? Is their software useless or worthless or not?
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    Remote trading at Worldco??

    wow! so that's the difference between proprietary (bring your own money) and professional (bring your own money). So what's the difference? I've heard and seen at both types of firms, they'll back "certain few traders" so that they need not back themselves. There in lies the problem. Only...
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    Shorting stocks under $5

    I have heard that bullets have been used to short stocks at or below $5. Unless you personally are an LLC member, and have asked your Branch Manager or Compliance officer regarding the $5 near sacrosacnt rule, you simply can't do it. So there lies the complication and conflict. My best...
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    A question about using a Stop Order Loss

    I'm surprised that your defined question wasn't answered before now. I'm not giving advise or making recommendation on any action of any kind, however, I believe you're describing using a Buy Stop order. Essentially it stays out there until the stock price achieves (ranges in the Stop zone)...
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    Can a professional have an ib act?

    Actually, to both Retail Brokerage accounts and to MDV's (market data vendors), just simply being listed with the SEC by means of your SSN (in the Brokerage databases) will force you to be classified as Professional. That classification will also subject you to higher Exchange Fees (for...
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    Preferredtrade

    I have always kept an eye out for my records in challenge to their records. Their's being which ever clearing firm my account went through at that moment in time. This is such an important lesson in watching your money. As a company within the SRO structure, you as a trader do have...
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    A Datek's Deception??

    its informative to hear actual experiences with these much touted firms, as differing from their much bally-hoo'd commercials. Clearly these discussion threads help all Emptors Cavet. In other words, it helps all customers become aware (or beware) of actual corporate practices which...
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    For Serious Traders from Don Bright

    Don, Your efforts and your brother's, whom I met, have made this fledgling industry flourish, not just grow. We all have benefited, and God willing, all of us look forward to being profitably individually, through these trading means (namely the professional trading paradigm). Clearly when...
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    ECHOTRADE

    they're not nice, they're professional.... many firms can take note of this and improve their professionalism or simply have their target markets continue to swivel and swirl between the latest offerings from Sussie-come-lately (I'm sure there's a joke in there somewhere) and the latest...
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    IQCharts?

    How does IQCharts.com differ from the IBD www.investors.com screeners/scanners?, or any of the other services?
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    Life after Proprietary Trading?

    Hitman;; enjoyed your summation of success parameters. Whether or not these are actual, factual or simply satisfactual, zip-adee-doda. It certainly provides some landmark with which to navigate by. cheers
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    Trading with Tony Oz Scanner - November 2001

    its great to see these scanning products come downsized to market for the average trader's consupmtion. The other networked systems, such as First Alert (not the company) and Insight and others were just too expensive to implement other than at a branch office level. Pristine has their ESP...
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    LBR chat room

    impressive, real, believable and interested in exposing the methods and tale-tale signs of big moves. However, you'll need a tremendous support network (analytical software, 2nd'ry and 3x'ry lines and computers for research, possibly additional staff) just to keep up with the next level of...
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    Thank YOU!!!

    kudo's to the best site out there. this is what the internet was based upon, as a method to share irrespective of monetary or financial gain, although those things come in time... the benefits of making a public discussion forum available are innumerable, especially whence you consider that...
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    LBR chat room

    or did Theddy R. say, it differently, that the business of government was business. whatever.... this is a discussion panel for traders, by traders, and to other traders.... grip or not, appreciation, scepticism or not, jealousy or not does not leave us with the only option of either...
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    LBR chat room

    uh, let's see, ""Excuse me, what does God need with a Starship?", ... "you still haven't answered the question"" (Captain Kirk, Spock) uh, excuse me, what does a successful trader need with an attendants $3,000 seminar fee? Well let's multiply it by some 100 respondents, and we come...
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