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    Harbor Securities

    The biggest debilitating threat to a prop shop is position exposure. I know of no 10-1 or 20-1 firm currently in existance that does no closely monitor risk intraday and pre-overnight. Although, I will say that some firms monitor better than others. In fact, I have seen people lose $30,000+...
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    Bright Keeping Traders Money

    Does anyone know if it is still Bright Trading's policy to keep 25% of a trader's profits if a trader leaves the firm before the end of the year? And does anyone have any experience with how long it takes to get your deposit back from them. Thx.
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    Proprietary Firms - NASD search

    Many are not NASD members. Many are PHLX, CSE, and PCX members.
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    Suggestions

    Just one suggestion: Make accessing the latest posts easier (i.e. don't make readers travel to the last page to find the most recent posts). Otherwise good job.
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    Has anytone tried TradeStation brokerage?

    Apparently Tradestation.com uses MarketStream's M3 data server which may be causing the low degree of reliability. From what we've seen, Marketstream's data server is very buggy.
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    RediPlus

    My experience with REDI+ over the last number of months has been terrible. Outages and slowdowns are becoming far too common for a professional platform (perhaps due to inadequate capacity?). I personally lost over $3000 last week because REDI+ froze near the close and no one at SLK would pick...
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    Risks trading with ECHO Trade?

    Why not just put up your own $1 million in trading capital and eliminate LLC risk all together! Because you don't have the money? Then stop crying about the highly unlikely chance of a reputable BD going under and start trading already.
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    Direct+ Benefits

    It's one of the best innovations I've seen the NYSE bring to the table. It is about time that they realize that doing something that benefits the individual investor will inevitably benefit the exchange.
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    NYSE Specialist Practices

    NYSE specialist are entrusted to make a fair market. My opinion as a professional trader is that they are significantly more concerned with profiting off you than in offering you a fair price. If you have any doubt about the true motives of NYSE specialists, read the March 12, 2001 Wall...
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