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:p How can anyone really trust the ratings agencies??? Though I fully agree with the theme of this thread, and if the healthcare bill is passed it may be irreparable damage, just thought I'd add that.

Guess I could. But why should I? We all theoretically have equal claim to this nation, legal citizens and our elected "leaders", as well as their appointed bureaucratic legions. Just because our politicians appear bent on destroying the country, doesn't mean that I have to embrace it or...

So its old and lame, the point is as relevant now as any time in the history of our nation. If u can/do not see the similarities between our present administration and Dr "J"izm, then your just being straight up dishonest IMO. And yes the previous adminstation played their part, just seemed...

I don't know any firms specifically in Chicago cause I'm not there. But my advice (for what it's worth), is to apply to all of the tier one props (small salary/draw, no contribution) and if u live at home, then all of the firms that don't require capital as well. Do a little research on each...

Ohh, and also if anyone has used Blackwood, I hear it is pretty bad, but I would like to get as many opinions as i can if possible.

Thanks for the replies. I am surprised at the 20:1, that's definently less than I expected. Also, I am not sure about the cap contribution, but i started the same way at my firm, put up an account, they make commish, small cut which gets even smaller as you get better and trade more volume...

I would like to know if anyone has traded there, or knows anything about them. Not specifics of your deal or anything, just how is the management? is it a legit operation? etc. Also I did a search and couldn't find much about them, except they use Blackwood, which I hear has shoddy quotes.

81 on the dot. I agree with posters who say morals, or morality as a whole is bullsh*t. The main reason being that most people let their own emotions dictate right and wrong, instead of logic or reason. I try to be as honest as I can, mostly cause I don't usually care enough to bother. But...

Thanks man, I'll let u know what happens.

Thanks for your help, I will try that. I will also check out SMB, but if I have to pay for trading, I may as well stay where I am,. Can't hurt to check it out though. As for starting a group, that's gotta be less feasible than getting backed by a firm lol. I know you didn't mean right now...

Also, if you calculate your relative performance like that then I agree with you.

I understand what you mean, but I'm just trying to get into the training program at one of these firms, I wouldn't expect anyone to just back me and let me do as I please. I know that I'm not ready for that. As for profit per dollar applied, that would be pretty complicated to calculate...

I would completely agree with you, but this single statement is out of context. I meant that the majority of my problems stem from my personnal financial situation, and not trading. In other words, if I didn't have to take money out of my account I would be positioned to survive and pick up...

oh...I appreciate your contribution BTW

Thanks alot, great handle by the way. Your advice is good, but if I had been doing all the things you mention, I wouldn't be in this situation. I haven't calculated the stats that u mentioned, but they can't be possibly be that great this year. Also, profit per share is small but there...

^This. Index Piker, that post is mathematical fact. Leveraged ETF's will decline over time, whenever the market starts to chop, just do out the math for yourself. There is a reason FAZ/FAS (for example) had a reverse split earlier this year. Talon, Jesus, and asiaprop have all made very...

Thanks, I am ignorant to the futures market, so hopefully I can learn from this thread. I have been trading at least long enough to have discovered the pitfalls of averaging down. What I was trying to say is the poster I was quoting said he ran a small fund, so I assumed he is well financed...

Thanks for reading the whole thread. I was starting to think I was in bizarro world or something. Hopefully this thread can get on topic now.

Please note that I don't know much about futures, in case I overlooked something.