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  1. M

    A Hard Lesson About Taxes And Getting It Right

    just pay $200 for a CPA to do your taxes. that way you can have peace of mind and someone to blame if the IRS comes knocking.
  2. M

    Changing Prop Firms

    good firms will have you in/out and all the paperwork processed in 2-3 business days, maybe even less. i joined a firm that had me up and running within 24 hours after i gave them my U-4 and a copy of my NASD tests. when i left the firm, they took about 2-3 days to get me my U-5. i also...
  3. M

    I don't miss office politics.

    i miss being in an office with members of the opposite sex (females). my trading office is like 40 guys and 1 female (receptionist). unfortunately the bathrooms were not designed accordingly so there is always a big line to use the crappers in the morning.
  4. M

    Best individual health insurance?

    i disagree with the "highest deductible/lowest premium" approach. i think it depends on your age and health. if you never go to the doctor and you dont do any activities that could result in injury, then by all means, go for the cheapo plan. but if you see the doctor a few times a year...
  5. M

    NY print outside spread?

    it can simply be the specialist not being orderly. they do not have to print in between the spread as far as i know. they are supposed to but they dont have to.
  6. M

    Trading Anonymity

    you can always request that your P&L be private from anyone except the risk manager and maybe branch owner. no one else really needs to monitor your positions. if you are a profitable trader, your firm should be willing to honor your request.
  7. M

    HYBRID ....I can't see the difference...can you see the difference?

    alot of prop shops are going to be hurt from the hybrid market since alot of prop traders trade NYSE exclusively. its not impossible to profit off hybrid stocks, it is just harder since it seems the volatility is less for hybrid stocks and the moves are alot choppier. maybe this is because...
  8. M

    Failure Rate of Traders

    Most people say that 90% of people who trader their own money end up losing money. Anyone have any published references for where this statistic comes from? After searching the net, I only found one quoted statistic from National American Securities Administrators Association, which said...
  9. M

    HYBRID ....I can't see the difference...can you see the difference?

    GG was practically a hybrid start already. it is a bad example to look at.
  10. M

    Free trades with Bank of America

    so will prop shops lower rates to stay competitive with BofA and zecco? that would be awesome if i didnt have to pay commissions.
  11. M

    Is this a fair deal?

    if the training sucks. that is a horrible deal. if the training is good, that is a great deal. it is very hard to find good training and someone who is willing to train you. secondly, the non-compete clause is not enforceable as far as i know. it is more of a scare tactic.
  12. M

    Health Insurance Question

    i have an individual UNH plan (but part of a group plan) for NYC. costs me $500 a month.
  13. M

    Hybrid stocks

    is it just me or did it seem like alot more stocks were trading hybrid than the current list posted on the NYSE website? maybe it was due to the thin market this morning but my quotes were jumping around everywhere and sending in a market order was like slitting your wrists.
  14. M

    ARCA fees

    they might rebate you at month end. some firms hit your P&L the next day with the correct add/remove ECN charges/rebates. other firms just charge you for all ECN executions and at the end of the month, they rebate what they owe you. personally i dont like the latter method because it feels...
  15. M

    Hold Rings NYSE Bell

    anyone can get direct feeds to the NYSE. you dont need to be a member. you just have to pay more money for it. hold has had direct feeds to the NYSE for some time now. most prop shops use secondary provider quotes instead since they are much cheaper (but are delayed since there are more...
  16. M

    NYSE market orders near the close (not MOC)

    wow i dont think ive seen that either. a few times, i have gotten the MOC print when i have gone market in the last 10 seconds. so if you are sure you didnt get the MOC print, which can come out 10 mins after the close, then the specialist made a mistake.
  17. M

    The Fly On The Wall vs. Briefing.com

    personally i think briefing and fly are about even. fly seems to have a breaking news headline that comes out pretty early once in awhile whereas briefing hardly has any. i chose fly because i like their interface better although loading the news scroller takes forever and drains my...
  18. M

    ok, which one of you dimwits thought Karr did it?

    he originally confessed to the prof. but once he was in the hands of authorities, he confessed to them as well. i believe he even confessed to the media in public too.
  19. M

    ok, which one of you dimwits thought Karr did it?

    what i dont understand is why karr doesn't get any sort of penalty for lying about committing the crime. why was there no obstruction of justice charges? the guy made a mockery out of the justice system and pointed out how retarded American news media is.
  20. M

    News service

    how much is newstrade per month?
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