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The difference between poker and trading is vast and cruel. When playing 1/2 NL poker, you truly need minimal basic skills and self control to win long term and probably a fraction of the skill required to win at 100/200 NL poker. In trading, Micro NQ or even Mini NQ require the same skill...

Funny you say that, I noticed that too about 20+ years ago too. Passed an interview once because it was the same day as Fed meeting and just before Fed announcement. I iterated what you said above and we watched together as market moved precisely as described. Interviewer thought I was some guru...

Is Chris Dai still around at Hold?

During my prop days, I'd never consider a firm that wouldn't give me 0.0005 per share ($0.50 per 1000 shares) - the whole point was being able to offer shares (add liquidity) of a stock like F at same price (both bid and ask) and turn a profit. Though never got as high as 90% payout. If memory...

The risk/reward can sometimes appear very rewarding. Though I never got involved with the GME wild swing, I did watch it closely. When GME swung down from $350 to about $50, 1 week out $10 puts we're selling for over 2% premium with about 7 trading days to go. I got my friend to invest/sell in...

SPY is a great, passive and secure way of investing in stocks. Self balancing and pays small dividend. If you can afford to purchase at least 100 shares, then that'll open you up to generating even more income by selling 3-4 weeks out Calls when stocks overheat a bit. I personally like the TQQQ...

If the buy price and selling price are both at 2% higher premium to BTC, then it pretty much mimics bitcoin, doesn't it?

I don’t think brokerages offer margin on TQQQ, at least not mine. I can’t really give you comparisons vs QQQ and options because I don’t trade that enough. Only problem with buying QQQ on margin, after a big sell off you might get a margin call but with TQQQ - Never!! The options are very juicy...

Before TQQQ split, I recall 100 shares of TQQQ gained the same as 2 MNQ. I assume now because it split, 100 new shares of TQQQ is similar to 1 MNQ. The only benefit that I believe exists is that if you only have $10K in your investment account and can only afford 100 new shares of TQQQ, you can...

I've made sizable gains in past year trading TQQQ and selling options against it (covered calls). Just to reiterate for those unfamiliar, TQQQ is 3x daily move percentage wise of QQQ.

We were 5 individual traders that banded together to trade at a certain brokerage. I assume we got a better deal than if we each attempted to join separately. I don't recall how we got into Hold Brothers because I wasn't the one in charge in the negotiations, however when I did need to speak...

By a group, I mean we were 4-5 traders (I believe we were all Canadian) and had 1 head trader do our due diligence and negotiate with companies on rates and terms (however our profits were separated by trader). I never looked at buying power as a percentage of deposit because we were all...

I've worked with JC trading (they have since been charged criminally and disbanded all their companies), Hold Brothers (very solid), Vortex Capital Group (owner left Toronto -where I live, so not sure if still operating. Superb owner, well run.) and Global Prime Trade (believe they have...

I think I was with 4 or 5 prop firms in a 10 year stretch (but usually as part of a group) and not once did any of the prop firms require series tests (however we were Canadian group), all required between $2-10K deposit (based on stop loss) and gave absurd buying power. Never had any real...

You can also use stop limit (works great for ES and MES), however for NQ and MNQ would suggest stop limit + 1 tick. from my personal experiences. 99% fill rate.

This last entry I paid $140. Over the past 2 months, I've bought and sold multiple times and collected premiums on calls. In all I've made $24 per share plus the likely $8 in premium from this last call sold. However, I think it is irrelevant on my purchase price (unless you truly believe the...

I'm long the Nasdaq via TQQQ shares and have been selling options against it for a while. Usually when the premium drops (due to price drop or it's close to expiry with little value left) I buy it back and sell farther out calls with greater premium. I try to maintain an appreciation of this...

Not sure what you're getting at! I already trade (both a futures account and stock account) and have verifiable success - some which I have posted in Elite trader forum (just scroll through my past posts, one with img would probably show profit/loss blotter. Naturally, I would post only very...

lol, I didn't mean I wanted to get into trading and do this. I was thinking of splurging a few hundred dollars and getting paid from one of these try out companies (personally, I don't care if they keep me on SIM or not as long as they pay me the profits). PS, I trade pretty heavy. My daily...

I'm so tempted now to take on one of the these companies with my strategies during volatile times (which I sense will approach again soon). If I time the combine start correctly with the volatility I require, I think I could pass this within their rules without much difficulty. Which would be...