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Im just trying to shorten this guys learning curve. When you look at the quarterly holdings of any fund I want you to tell me what percentage their holdings are in the eminis or spyders....... enlighten me...

Learn to trade individual stocks and not the overall market. No body at any of the firms Ive worked at made money trading the spy, qqq's, emini's etc. There is no real edge to it. Unless you are a arb trader. The money is made in trading the individual stocks that are in play that day. Tick...

Pretty simple concept. They allow you to buy and sell at last price and there is system lag between cnbc's order entry and the real time market prices. You just trade dollar stocks like EK or S and trade the spread all day. Buy when the tape hits the bid and sell when the tape hits the ask. Its...

I stand corrected.....

Premarket is 6%. It only multiplies by 2x for leverage etfs regardles if it is double or triple.

Premarket is 6% not 3%

Thanks buddy.....

Reason is this. Trade break rules are 6% premarket for stocks above $50. Double that because it is leveraged. 12% is the break range.

If you saw it you would have hit it....... While 7 out of 10 times these trades break, its free money when they dont.

Finding market inefficiencies is the key to trading. Prime example is this morning some dummy NASDQ offer crossed the TQQQ down to 74.20. This is an etf that tracks the QQQ's so for a few minutes you could buy it at a huge discount. Now if it only stands. I will be paid if it does. Dont...

Go to Kershner Trading...... Have in house techs and software developers. As well as trade support, news support and all the back end. Top traders have access to 20-30mill in buying power. If you can prove your past earnings then your in.

Que?

It a trade is difficult or stressful its a bad trade...

If trading is boring to you then your in the wrong game. Nothing feels better than taking money out of the market. Especially when it sparks an impulsive trip to Atlantis to play your luck at roulette.

Finra has not come out and specifically stated what split is acceptable. This all came about summer 2010 with Reg 18. Most firms interpret it as payout less than 100%. The firm I traded with then reduced payouts from 100 to 98%. If you trade with a firm that is finra registered, holds licenses...

Competition isnt the market makers. Its yourself.

I traded with three prop firms and $5/1000 is very competitive. Dont forget ecn fees alone are $3/1000 then add on the house commission.

99% is standard... Its what I get...

.00175 is the lowest rate if you trade 2+ million a month. They have a ultra low commission designed for algo traders trading thick stocks like S, BAC, etc. Unless you are a HFT it doesnt apply. Expect .003 - .006 rate for the normal prop trader.

I do agree with HYDROBLUNT, love the name by the way, that back in the day you could trip and find money in the market. The edge was that good back then. Once those edges dried up the only ones that survived were the real traders who had discipline.