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Not out of the week. If you put up 3 daytrades on friday, you have to wait five business days before opening a new position ;) Lots of info on the PDT rule can be found in previous posts, just use the "search" function for posts with "PDT" or "pattern day trader" or "the SEC sucks" in the...

From a practical perspective, you wont be able to daytrade US stocks more than 3 times every 5 business days. Either your broker will prevent this (IB), or your account will be suppressed by the clearing firm (SWS). OHLC

An unusual question... Any advice would be greatly appreciated :) I'm in Europe right now, I decided to take a trip to these two aforementioned states. The goal is to check some prop firms by myself. Unfortunately, my English speech is no longer up to par, so I would need to wait for a...

>can i have my money back? What does this mean ?? OHLC

I noticed the various prop firms are not members of the same exchanges. (Ex : Bright Trading LLC is a member of the Chicago stock exchange while Van Buren Securities LLC is a member of the PHLX). I'm wondering wether this membership is just a regulatory issue, or if there was more than...

All of this will probably end up with an hybrid system. Something like the Euronext and its siblings. Most of the time, this exchange works like the Nasdaq. But, in case there is an important imbalance is selling vs buying pressure in the trading day, it goes in auction mode ("dynamic...

Do you apply for Paris, NY or London ?? Very different hiring environments... The question makes no sense if you dont specify. In Paris, you need a DESS in Finance with specialty in capital markets, or a diploma from a prestigious ESC. (something higher than your current diploma) And you wont...

1. Different trading styles work at different times in the market, right? 2. If you composed a team of average daytraders that worked different styles and really worked together and taught each other; would the team (and individual team member) make more than the average successful daytrader...

I can tell you about anaging funds in France, no idea for the countries you listed... OHLC

Thanks Robert. The EURUS is 0.9804 right now, the rate varies around 1 dollar for 1 euro these days. So, I'm paying nearly 227$ just for the NYSE... Except if I'm overbilled, it seems like 183$ for everything is a bargain... OHLC

Just a question : how comes the Echo traders just pay 183$ as data fees ? Nyse alone costs me 227euros a month ?? Nasdaq 40 euros, CBOT 10$, Enxt 30euros ... OHLC

If you live in southeast , texas, or the midwest, consider moving to Russia :D . You can make a pretty good living there with 200$ a month (if you can tolerate some internet outages of course). OHLC

The BBs alone are useless, IMO. I use them as a secondary tools. You should parameter the number of std deviations according to the kind of underlying you trade. I use the BBs to determine timing, targets, and also for money management purposes (position sizing, to be more accurate)...

Newspaper. The "economie" is a free set of colored sheets added for free on some days. L'express is a magazine.

By international standards, this is a leftist paper. It is not considered leftist here, but the political landscape is much different. (we even have commie reps, go figure !) Le Figaro is about the only mainstream paper I care to read, their "Figaro economie" part is well designed. OHLC

I'm French Bono.

As a side note, I really think you guys in the US should keep an eye on the IRS. Having 100% of funds locked until the European owner jusitifies that the 30%-40% or whatever do not belong to the IRS is insane. Their job to justify the European guys own them money, not our. And then holding...

This is an article from a leftist newspaper, and leftist over here is really leftist by US political standards. It just represent the views of the authors, it doesn't reflect much the actual opinions of the Europeans. 1 - The US is busy fighting the "axis of evil", and is ready to fight...

Thanx Aaron and Gerico. Seems like the French branch of Citibank is about to solve my problem. OHLC

Hello all, I'm in need of a little advice on banking. I use a US broker that can't wire P&l to my French Bank, they require a correspondent bank within the US. The French banks don't have correspondent banks, they just use their FX services to redirect funds in the proper currency...