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i have nothing to prove to anyone but if a potential trainee asked me for my P&L to show that i was profitable, i most certainly would. its not like you arent going to know your trainer's P&L once you start trading under them. the fact is that there are many sub-par trainer traders who...

triggernews is often slow with the headlines and you need to be extremely precise with your keyword filters. otherwise, you get a billion headline matches. triggernews might be good if your keywords are specific stock names or symbols but otherwise, i did not find it useful for news trading.

why do sub LLC's not require series 7 or other licenses for their traders?

there are no questions that will really uncover bad prop firms because they will just tell you what you want to hear. you should ask to see the P&L of who will be your designated trader. if he/she makes less than $50K a year, you know your trainer sucks. you need to look for hard...

6/10's is garbage since you will need to put up several thousand to get decent buying power.

a handful of guys aged 35+ have joined the training program at my prop shop. 100% of them eventually failed at becoming profitable traders. they teach a bare bones method of NYSE scalping in the training program and older folks simply do not have the hand-eye speed to become good...

if you dont like how the specialist plays, then go play somewhere else. sure sure, i get pissed at scummy fills but if you get fooled more than twice, it is your own fault for not adapting to environment or simply saying no.

i think all you need to do is buy a seat on the NYSE. membership has its priviledges. if there is no trading floor (no specialists, all electronic) there wont floor traders. i.e.) there are no floor traders for NASDAQ as far as i know.

$5K is kinda measly to put up. alot of places ask for at least $10K. anyway, hold brothers and genesis are probably the two cheapest rates around. echo probably gives the most leverage. probably no one will give you alot of OVERNIGHT leverage (more than 10:1). Interactive Brokers is...

wow thats a good bullet point. im going to have to add that one to my resume. maybe you can also mention: - Generated millions of dollars in revenue via trading commissions for XYZ Prop firm.

keep in mind that some ppl have direct data feeds and most probably have secondary feeds or if you trade retail, maybe your data comes over the internet. this can easily result in delayed quotes of 3 or 4 seconds (or more). so you might think that you are trying to clean out the bullshitter...

i dont know about you guys but i am a $25K hedge fund manager.

why hasnt anyone considered the possibility that the japanese automakers want to create jobs in the markets that they target? like a goodwill/image conscious sort of thing. im sure they would get some flack if their cars were being made with cheap labor in mexico but sold in the usa.

you shouldnt be able to cancel but i think all the regulatory rules are self enforced by your trading platform. in other words, if you were able to cancel and should not have been able to, it was your trading firm's mistake and they can be fined if they are caught.

i traded at hold before and alot of people request for CRTs, especially their biggest traders who make $1MM+ per year. i guess it is a preference thing but i had no problems getting several LCD's when i requested them. it is true that graybox crashes a decent amount, which was one of my main...

i noticed that my HGX did not work at all on monday and most of tuesday and my OSX went dead after 230pm today (it didnt re-open at 315). ive felt like my index charts were slow but i thought maybe it was system problems at my firm.

too bad you cant trade the HK market there though. kinda of ironic that you are in a HK office.

they are hitting you on your profits without taking account your losses. basically they arent looking at your net profit, which is something they should do. ive heard of firms taking their profit cut on a monthly basis but only if you are positive in your account. if you put in $3K, they...

are you sure you had 100x leverage for overnights? alot of firms will offer 100X for intraday but i dont know of many that offer 15X. most firms only do 3-5X overnight leverage.

it is just like that enron vice-chairman that committed "suicide" in his car right before Congressional investigators could interview him.