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I traded full time from 1985 until 2010. My own capital, no employees or partners. That was enough for me. It was a nice run.

I'm not sure why you feel like you need a super computer to do back testing. I build my own computers by buying parts at http://www.newegg.com/. I try to stick to Intel mother board and processor and I often call the help number at Intel for comparability and suggestions. I would think a top of...

Tax treatment is a consideration. When I run any business, I care about risk/reward and my end of year net. With a prop firm I'm concerned about the risk of commingled funds. I want be concerned only about my trading risk. With a prop firm I feel like I have to keep my volumes up and be...

http://www.barchart.com/stocks/priceadvance.php Put the correct page on a spread sheet and it might give you close to number 1.

I believe he was showing an inverted market where the bid was higher than the offer. Since that market is not possible given Reg NMS rules, one of the quotes must have been bad. Since he tried to hit the bid, and received no report, that means the bid was not real. It was an old bid that was not...

He said the market was "53.19 x 53.15", not .15-.19.

You talking about a crossed market because the 53.19 bid was a "stale" bid. Someone's system crashed, and the exchange showing the bad bid had not removed it. This has nothing to do with the platform or broker your using. I see bad quotes like this all the time. There just not live.

Tradespeed and Obsidian offer that.

Last sale......Last sale on low volume names is often outside the markets.

MON is not hard to borrow. What was their reason? There are too many reasons for me to guess. When you're within a JBO/Prop firm, they can make their own rules and you have to follow them.

These are not pre-arranged trades. It's a process of price discovery that takes place both off and on floor. In the end, before "printing the trade", price discovery also occurs in a trading crowd, then the order is traded on a listed exchange. The electronic markets shown on the screen are only...

You can increase the number of trades by using portfolio margin. You can find a partner or an investor. In the above instance, your giving up 20% edge vs straight stock trading. You have to take into account that your expected return is .50/trade, but do the math with the times you lose money...

A MM trading the other side electronically will most likely look for around .05 of edge on each side with those ITM options. That means, that buying and selling those options instead of stock where it was trading at the time, your giving away at least .10 round trip, and might miss doing the...

If you entered a spread order that would be a profitable trade for you, why would anyone take the other side, and take the loss? Futures are not "hard to borrow" so your rate would be the same as other traders.

Your idea in theory is good, but not in practice. ITM options that have close to a 100 delta typically have wider spreads. The cost of entry and exit will get expensive. If you have enough assets for a Customer Portfolio Margin account, you can get up to 6.67 to 1 leverage to run your strategy...

If I'm offering stock at 33.90, and the stock is 33.90 bid trading at higher prices, and your order was entered during the trading hours and this happened after, you should have sold your stock, if it is a listed stock, not on OTC or BB. This is because of best execution obligation. Did you...

One month T-bills are not 2%. I believe they are closer to .04%. Fed funds are only .18%. Not worth moving around your money when rate are so low. http://www.treasurydirect.gov/RI/OFBills

If it happened during normal trading hours it sounds like your due a report at your limit. Unless there is something else missing from the puzzle.

LEAPS is some options are often 5000 up or more, but not electronically. Spreads are often easier to find liquidity. You'll need to make use of a broker to "shop" the order to find liquidity without moving the markets. Give me a call Monday, I can help with that. Shoot me your contact...

You'll need to provide examples. Does your firm not allow over night positions, or are you shorting REG SHO stocks without locates or pre-borrows. Many small prop firms don't have the capital for your leverage over night.