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And you'd better have a sizeable cushion above the 25K. If you slip below that, even for a moment, suspensions, etc will occur.

Which Prop firms offer Health Insurance Plans to their traders? Ideally in NY area, but this is not a must. Thank you in advance for your replies.

I can probably scrape up the 5G necessary. Please let me know your top recommendations for a group that will help me the most to get reacclimated to short term trading and also a place where there is genuine sharing of ideas and strategies. Also if you have particular places to avoid that are...

I traded prop for one of the most higly respected day trading firms in NY and FL from 1993 - 2000. I have been out of the business for most of the time since then. I am hoping to find a way to get my foot in the door for any firm in NY or remotely from my apartment starting in March or April. I...

No, they did not try to contact me, as my position did not officially violate margin requirements until BSC opened for trading on the NYSE. The pre-market 3rd market trades do not count. I had enough experience with IB to know that they would take action, but thought that if I beat them to it by...

Wound up losing about 5K instead of 7K. Still a high risk stupidity on my part.

I had the honor of being short 2000 BSC over the long weekend with only 14000 in the account. Like many other stocks BSC is not marginable. I know that I would be bought in at the open, at least partially, so I placed a market order to cover all 2000 prior to the open. Later that morning, after...

It's just amazing how people use charts to see what they want to see. TA has a place in trading, but it must be combined with short and long term trends. A brief cold snap could momentarily draw a novice to decide that the selloff is over. It seems to me, someone who uses charts only to...

I have recently resumed futures after a lenghty layoff. I have limited myself to these 2 instruments. It is somewhat predictable when there wil be more volatility in both of these. Crude inventories are released on a schedule and the day before there will be unusual activity. Also weather...

Don't think he ever was licensed. Heard something about him shooting soemone with a BB gun when he was 15? Not that it would have disqualified him. What happened to AG? At one time, he was a stand-up guy. Unfortunately, he became a puppet like the rest. Sad. PM must be grinning from ear to ear.

WSB was never registered. It may be tough to go after him. Not clear whether he called the shots or was a puppet of his father and uncle.

1) Bought back 10 NOV 27.5 Calls for .90 (.40 loss) 2) Sold 10 NOV 25 Calls for 2.65 (1.15 profit) 3) Sold 10 NOV 25 Calls for 2.75 (1.25 profit) Thanks again to all who responded.

I will post my exit later today. Thanks all.

Is this how you would describe Worldco's recruiting up until the s__t hit the fan? unconscionable, but not surprising.

Thank you for your responses. It will definitely help.

This afternoon (Monday, 10/20/03), I bought 20 TXN NOV 25 CALLS for 1.50 (YEAH!). I also sold 10 NOV 27.5 CALLS for .50 (BOO!). If anyone has a cogent and sensible way to exit these, please respond tonight. Thank you. BTW, TXN was at 27.50 after hours, up from 25.46 at the close.

Weren't you on the NBA when Clyde played for the Knicks?

Are you any relation to Rodney. He is a great trader.

still looking for traders to put up 10K and pay out 80%?

Hitman Elite Member Registered: Jun 2001 Posts: 855 Please post this on ET It is all over. One year ago, I was on target for a 100K year. Worldco had 800 traders. I was at some gone-out-of-business firm recruiting traders like a vulture looking for a fresh corpse. One year...