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Forget driverless cars, watch out for the driverless semi, coming soon to a freeway near you. :caution: https://amp.businessinsider.com/uber-is-turning-into-a-different-company-that-you-thought-it-was-2016-8 "Uber revealed it had spent $100 million to get into the trucking business with its...

The one thing I noticed from the screen shot is on the day you came close to the max daily draw, you had 3 trades with 2 ES lots at a 6 tick stop, and one breakeven trade. That's a tight stop if you're going to take multiple trades a day on multiple lots. There is very little margin for error...

"F-Squared at least recklessly compiled the historical data to implement a hypothetical trade (that F-Squared advertised as an actual trade) one week before the trade could have occurred." Paragraph 2 above basically summarizes the scam, but if you want to read the full complaint, here's the...

Incredible. Haven't these guys ever heard of a simple strategy which doesn't require any backtesting or algorithms? It's called "buy the dip" lol! The investment advisors paid a small fine for their blind reliance on F-Squared results, however it seems F-Squared was the one faking the...

More staggering losses for Uber. They better start ramping up their driverless cars and get access to that 80% they're giving to the drivers! http://www.bloomberg.com/news/articles/2016-08-25/uber-loses-at-least-1-2-billion-in-first-half-of-2016?cmpid=yhoo.hosted

Yes, 200k is average of 10k/shares a day, not excessive at all for a daytrader. However, even if they waived the $250 platform fee, at 200k/shares/month and .005/share, he's going to spend $1,000 in commissions without considering the cost for ECNs. Since most new traders will NOT be adding...

Just my personal opinion...(for long term investment): 1. Stagnant market until the fall/elections. 2. Fibonacci sequence of EIGHT YEAR directional up cycle completes (2009-2016). 3. Bear market pullback of 20%+ thereafter, (post elections or in 2017). 4. When the S&P has its bear market...

itradeRisk, here is an older post from Maverick74, read it carefully, because it reveals the truth about the correlation between equity and success (emphasis in bold). "Let me re-phrase what I'm trying to say. A trader with 10k in capital has close to zero chance of ever making it. I know that...

itradeRisk: Read post #47, and use the .005/share figure to develop a profit model as to what you'll need to make to justify your variable and fixed costs. At $250/month in platform fees, you'll bleed $3,000 or 60% of the initial $5k annually (not including commissions), so if you're not...

All offer remote. Rates are always negotiable, it depends on how flexible they are and what capital contribution you're making, plus the routes for rebates, if that's something you're after.

More splits and reverse splits today. Direxion comes through, again, lol! http://www.prnewswire.com/news-releases/direxion-announces-reverse-and-forward-share-splits-of-nine-leveraged-etfs-300304402.html

Pekelo, Have you looked at the open interest in those puts? The volume is pathetic, and there's a .50 cent spread between the bid/ask. Those puts did around 100 contracts at the time, with a low tick of .80 cents. Still, it was a nice 10 bagger if the person got low tick and if the person...

I did a few Google searches, and found this article. It is just one of many regarding the subject of civil forfeiture. http://www.policemisconduct.net/explainers/civil-asset-forfeiture/ The federal agents AND police are wards of the court, NOT "civil servants" as most believe. The concept of...

For those who are interested, here's the .pdf of the appeal's court ruling, vacating the conviction and dismissing the indictment with prejudice. http://www.scotusblog.com/wp-content/uploads/2015/08/15-137-op-below.pdf

Yes, and that's the problem when you have a secret Grand Jury system where the transcripts are sealed, and where there is no defense attorney present and no defense witnesses. Newman can't even sue the U.S. Attorney, because they are immune, and even if he tried, he would have to prove...

New law to impose a tax on every Uber/Lyft fare. Granted, it's only a nickel, and only applies in MA, but what comes next, background checks? Apparently voters turned down a measure that would have exempted Uber/Lyft to comply with driver background checks in Austin, and both firms abruptly...

Read the SEC.gov focus report, and it will answer your question regarding the specific firm. dealmaker is correct, you'll have to see where you stand as far as risk. In general, you can't lose more than your total capital contribution, however it's pooled with other members' equity. So in...

itradeRisk may want to ask around. Apart from Bright and Echo, the other firms gladly accepted $5k. Echo is gone, and I think Bright still has the $40k minimum. Not sure about the others now.

1. If you have any outside activity to generate income, then it must be disclosed to the firm. 2. The prop firm will NOT have customer accounts unless they also offer retail accounts, however that's under a different LLC, so this won't apply. I suggest looking up the SEC.gov focus report for...

"It's a prop where I put up risk capital." Then all you'll need is around $5,000, the Series 57 license, a clean FBI background check, and a pulse. "Commissions/fees are passed on to me the trader along with ECN fees/rebates." Keep in mind that ECN fees can add up to double the commissions...