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Those guys don't do prop. He might be a kid without 10K to put up. For some people, prop is the only option.

I don't know of any prop firms that are hiring right now. You'd obviously be better off trading prop at Shony or Worldco- but good luck getting in the door...

Are you a liberal trying to make conservatives look bad? That's the only possible explaination I can think of. What you described is NOT conservatism, but borderline facism. Maybe 'conservatives' like David Duke would endorse such extremism, but certainly no mainstream Republicans.

Free (20 year) historical charts: http://209.130.50.65/cstrad/chart.htm

http://www.trendfund.com/ (as if)

How would I go about speculating on VERY exotic currencies & markets? For example, the Republic of Macedonia has less than two years to live. In the very near future it will be completely overrun by Islamic fundamentalists, and everything they're trying to build over there will collapse-...

64ths, 100ths, what's the big difference? The Nazz didn't crash because of this minor change of procedure. It crashed because it was over-inflated, and every dot com had a market cap of 500 Mil+.

20% without a bull market? Only if you find some great hedge funds.

"Mortimer, Your brother is having a heart attack!" ..."Fuck him! Get back in there and SELL!!!" ~Mortimer Duke

I have never in my life heard of such a shitty prop deal. Do you even know what kind of commissions they're taking? Here's the sadest part: All the prop firms out there are either belly up, or no longer hiring beginners. If you've got no cash at all to put up, you might as well take that...

Has anybody here actually shorted a stock under $5? If so, which broker allowed it? Anybody know if Schwab allows this?

According to the original version of Reg T (1934), it's not legal to short a stock under $5. A couple years ago Reg T was ammended, and margins dropped to 25% from 50%. Maybe the 'no shorts under $5' part of Reg T was changed too? That's the only explaination I can come up with.

My article was about his <b>other</b> felony.

Does a healthy sex life make a better trader? My trading has been <b>sharper</b> during periods where I was failing to acquire the recommended daily allowance of pussy. Sexual frustration enhances one's trading ability, IMHO.

I don't think he was arrested for 'Ruling the Freakin' Market'. Seems unrelated to trading altogether: http://www.thestreet.com/tech/internet/940672.html Elgindy pleaded guilty to the mail fraud charge in February, after he was charged in a nine-count insurance fraud indictment. (TSC...

~~~~~~~~If the big S&P traded GLX during RTH it would be history in a month. ~~~~~~~ That seems like a logical assumption, but can you explain why electronic RTH bond trading didn't dry up the CBOT bond pit?

While your plan seems pretty logical on the surface, I should point out that it isn't possible to short a stock under $5. CNC common in therefore non-shortable.

Maybe currency won't be worth much, but real money (Gold bullion) has more or less kept up with inflation over the past 5,000 years. The following two merchants are the best I've found: http://www.tulving.com/goldbull.html http://www.ajpm.com/htbin/gold.cgi

Is your Chimpanzee series 7 licenced? If not, please don't waste my time.

Hi, I'm Mohammed Abacha, the finance minister of Nigeria. So it's like this: I've embezzled 25 mil from the Nigerian treasury, and my only problem is I need a foriegn bank account to transfer the funds. Crazy isn't it? So I'm sending out a spam email to 100,000 strangers, hoping that one of...