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  1. 7out

    Prop firms with accounts in Cyprus

    Anyone expecting any issues with end of month payments from prop firms who hold their money in Cyprus accounts. (like the sponsor of this forum). I was always a bit uneasy when I noticed a certain prop firm all of a sudden change from a well known US bank to one in Cyprus (a little over a...
  2. 7out

    What do prop firms do when you blow up past your account balance?

    I don't recall the stock in question, but it was a stock that had very thin (if at all) trading after hours. I'm sure if he had been able to hold the stock overnight his losses would surely be just a fraction from what they made him lose by auto liquidating into the thin market. (Then he tried...
  3. 7out

    What do prop firms do when you blow up past your account balance?

    I don't know about the US, but in Canada the debt is uninforceable nor does anyone attempt to collect. I personally witnessed a guy lose $50,000 at Swift during thin after hours trading when he couldn't unload his stock at the close. Swift had a very strict rule of no overnights. He was never...
  4. 7out

    Reliable International Firms?

    Then you can go through my minimal post count and see for yourself what a useless idiot you were in my thread, when just a year ago I was in the same situation that you find yourslef today. PS, I will not prolong this arguement any longer and let it end here, however I simply couldn't...
  5. 7out

    Reliable International Firms?

    Hi EVojerk, Remember me? I can probably help you out, but out of spite I will never do so. However I will re-iterate your stupid suggestions; "if you've been in this business so long you would be giving recommendations rather than seeking it." This is what you should expect: Take...
  6. 7out

    Problem recovering my funds from Globus Trading LLC

    My advice, Send them registered mail, make sure it is their house, or if nearby pretend to be a courier delivering a letter. Then return at night and cause damage. This might make you feel better, however it still won't yield you any money. I remember a decade or so ago, a car dealer...
  7. 7out

    toronto Trading Room?

    If there is enough interest it could be interesting to at least give it a go. Start gathering interest and we can possibly start the 1st week of the new year.
  8. 7out

    toronto Trading Room?

    Hmm, Seems like you're trying to recruit us rather than trade with us. As for boasting $3/1000, most Canadians in the business know where to get .20-.50/1000 with some profit split. I for one, am not interested in commuting on a daily basis. Once (poss. twice) a week to break the...
  9. 7out

    toronto Trading Room?

    Unsure as to what you're trying to set up: a workplace for people to work out of and possibly feed off the guys whom are successful or, a weekly get together, possibly during trading hours where we discuss and possibly develop new trading systems (might work if we each put some genuine...
  10. 7out

    Problem recovering my funds from Globus Trading LLC

    The Grenadier Cres. is most likely their home address. Go scratch up their cars, that might wake them up ??? (I also live in Thornhill, but can't do that for you). The Basaltic Rd address is where they used to be located, called them a few years ago. Never ended up visiting them but that was...
  11. 7out

    Taking advantage of this low vol?

    Thanks for your reply, but I asked metaphorically if I can short it. I'm mostly a prop trader with the occassional longer term trade (for me longer term trade is longer than day trading, lol) I simply came across this thread and started reading up on it, I assumed the VIX or (etf) VXX...
  12. 7out

    Taking advantage of this low vol?

    Might be a stupid and unrelated question, but hope someone can find it in their heart to help. can I short the VIX or something that emulates it in futures, or ETF's (stock index) ? thanks in advance for responses.
  13. 7out

    Strange price action in IBM, Coke, McDs

    I wish MCD would trade like that every day. I had my best trading day with MCD (missed the other 2 until mentioned on CNBC, but by then that pattern was over already). I don't understand what the problem is ?? I would love for stocks to trade like that every day.
  14. 7out

    so where is Peter Beck and the ex-swifters?

    Fixed Your Post (FYP)
  15. 7out

    so where is Peter Beck and the ex-swifters?

    I believe most Swift/Orbixa offices closed in Canada (North America). Of those ex's that traded in the 90's and made good money, they have moved onto more interesting and profitable endeavours. Those that were there through the 2000's are simply bouncing around (thinking the markets will...
  16. 7out

    Vortex Capital Group - Toronto

    Are you suggesting that they eat your losses if you start losing ? What you are looking for does exist in Quebec, but they do withhold profits for a longer period and preform quite a due dilligence on you - are your records that immaculate? GL freerolling someone. Even JPM is going to...
  17. 7out

    my day trading method averages 5% per month 8 months now

    I'm sure I speak for the majority of the people here, but if you could teach us how to make $50k a month (every Month) from the markets we'd each be willing to cut you a check for $25k a month. I don't calculate the %'s on my actual deposit since it is a pretty miniscule deposit, however if...
  18. 7out

    SEC & 'Misc' fees for trading BAC

    I traded exactly 1000 shares (each way today of BAC). Orders Fills Qty Price Position Gross Ecn Clear NSCC / Trade & Execution SEC / ETFA NYSE / TAF NSDQ Net Bought 1 3 1,000 7.8900 (7,890.00) (2.500) 0.200 0.050 (7,887.75) Sold 1 1 1,000 7.8900 7,890.00 (2.500) 0.200 0.030...
  19. 7out

    Maximizing Option ROI

    Actually, after thinking about it, $8 is 20% and double what I'm looking to lock in, so maybe it is a volatile stock.
  20. 7out

    Maximizing Option ROI

    Hey Guys, Hoping some of you can give me some input for maximizing a return on an option play. If an angel told me a stock will rise 10% but can take as long as 2 months to materialize, what is the best route to trade that ? Let's say the stock is currently at $40 (also a quick scan of...
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