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I am not with WTS. I am at a different Prop. But thanks for letting me know your thoughts about Sterling.

Hi Robert, thanks for the reply. I am actually familiar with Lightspeed already. The traders at my firm either use Takion or Lightspeed. However, I know of another Prop that uses Fusion and I am interested in how it works.

Hi Traders, I have been a long time user of Takion, but am considering a switch. Does anybody have any feedback from using both? For those who may only have used Fusion what are some of the pros/cons? Thanks in advance.

Great response. Being in Chicago, this "fairly reputable" firm sounds like Great Point Capital/Tower Hill Trading. The 57 is required by law. If you aren't taking it then move on. That place is a chop shop for new aspiring traders as yourself.

Nobody will do this for free unless you have someone in your family/friend network who is doing it out of the kindness of their heart. Most very successful traders I've come across have in no way wanted to share their secret recipe or give up their edge to help another. You'll likely have to...

Don't we all...

Well, I do appreciate that comment, but I guess I need to clarify that I have been looking for a job for the past year whenever I haven't been trading. But that task has proven a lot easier for me to accomplish than it did for you to type. For the life of me can't seem to land an offer, and...

Is there any way to get started back trading without having the funds to make a capital contribution? I've been trading off/on for the past 3yrs, but at this point in time I do not have the funds ready to open another account. Aside from asking a friend or family for a loan, or trying to find...

This is one of the best explanations I have read. Well put....

How about the difference when it comes to getting fills on larger positions? Or what about those of us who are skilled at trading a PnL? It's harder than you think to "psych" your mind out and it is certainly easier to lose money with the reduced buying power.

Agreed

I've been using Takion since Nov of 2011 and I think it is the best stuff out there. A bit of a story, but I was at GPC here in Chicago, but left and tried to get the software myself, but they would not give it to me as an individual, so I ended up joining another prop to gain access to the...

I tested the waters with them late last year and ended up dropping their program. They were very crappy when it came to responding to direct questions in my emails; especially when it came to me wanting to use a specific software for better executions, routing, and ticket costs). I felt like...

Thanks for the feedback guys.

Does nobody have a clue??

How often does a supervisor at a prop firm have to confirm written plans for compliance and general rules? Thanks

I'm confused.... I've seen information about both. Which will cause and adjustment to an options contract? The dividend greater than 10% of the stock price or a cash dividend over $12.50. Thanks.

Kovan, How different was the exam the second time around from the first? Where there any of the same questions or was it all completely new? How similar was it the second time? I failed the 56 this past Wed. by one point.... So, like you I am now scrambling to acquire the missing...

Thank you. Does anybody else have experience with the Passperfect material as well?

Hi everyone, I took the 56 exam this past Wed. and failed by one point.... I got a 69. There were some questions on there just were not addressed in my study material. Naturally, I have since been actively searching for the answers to questions that I can remember I missed. My main...