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In my opinion, one of the best ways to get cheap office space in the exchange building, is to clear through Advantage and then rent an office from them. They have tons of offices of all sorts of sizes, that they will lease to their traders. And because their corporate philosophy seems to be to...

Its not free, but I run MDaemon and like it a lot. http://www.altn.com/

If you're clearing through Advantage, probably the easiest thing to do is to have all invoices sent to their accounting department and let them "re-bill" it to your expense account. This way, at the end of the year, all of your expenses and all of your income is on one statement, and because...

Sounds like you clear through Advantage. They're the only ones I know of that keep a separate expense account. You can pretty much deduct all of your expenses that directly (sometimes a little indirectly if you're creative) relate to your "business" of trading. That can include your...

In my opinion exchange infrastructure alone makes DAX (or any Eurex product) less scary than the HSI. Eurex is very solid. Plus, if I remember right HSI actually stops trading to take a lunch break...in my opinion that can be very problematic for most new traders (of course I'm not trying to...

Agreed...I love the DAX...plus I prefer trading at night into the early morning.

Does anyone know or have an opinion on what the CME is most likely going to do with these 106.R Memberships come December 2006? I keep thinking they're going to extend it again, but thats not based on anything except wishful thinking.

Ok, I just got off the phone with Robert Green and confirmed that this is, in fact, correct. There is no self employment tax on profits from your futures trades, however, if you lease or own an exchange membership, then you do have to pay social security taxes. However, this doesn't apply to...

Hey, if you say you had a lot of problems with them, who am I to argue with you. All I can tell you is that I trade every day and it never once affected me personally. I agree with you in terms of them being kind of expensive for a swing trader not moving enough volume to at least cover the...

They took a bit of a hit recently on these forums because of a lot of system issues caused by those TradeMaven jokers sucking up a ton of bandwidth (something to do with their tick-by-tick studies). Now that they've fled to Man (which is a joke) everything is back to normal. That was the only...

Yah...that is one of the reasons why I primarily trade with TransAct. They have a meager $400 minimum commission instead of a platform fee, so if you do even the slightest bit of volume you basically trade for free. Plus they offer $0.55 per side with no volume committment right in the door...

Well thats very interesting, although, that entire page seems to only refer to securities and not futures. It so happens that I actually have an appointment with Mr. Green scheduled for tomorrow afternoon, so I'll be sure to ask him about this. If you trade in an entity, like an LLC, I've...

I'm pretty sure you have to pay self-employment tax if you're self-employed, regardless as to whether or not you own or lease an exchange membership.

This is assuming that you haven't purchased or leased any kind of exchange membership, which, if you did enough volume to make you commission rate sensitive, you obviously would do. If you like CME products you can do the 106.R and get your exchange fees down to $0.44 per side...If you trade...

Advantage Futures (www.advantagefutures.com) is pretty big and very well capitalized. Not quite as well as Man or Rosenthal, but if you look at this list from 2004 (I'm sure a more recent one exists, but I just did a quick search), www.futuresmag.com/reprints/218866.pdf, you can see that...

Hey Scalper, What kind of volume do you think you'd have to do with Advantage in order to get 25 cents per side with a $16,000 progressive cap?

Dude, this is going to sound a bit harsh, but its true. This is what happens when you try trading a market that you shouldn't be trading anyways. I mean, we're talking about eCBOT mini gold and silver. Of course its going to move differently than a bunch of other similar contracts because its...

Assuming that financial and technical stability is an important factor, then it depends on volume. If you're doing hardly any volume at all, then your choices are either Velocity Futures with free X_TRADER or Interactive Brokers (don't sell them short...the number of different exchanges they...

I don't know if I would trust millions to any FCM, but I would trust maybe $25k - $50k to almost any FCM and would trust maybe as much as $200k to RCG , Man, or Advantage Futures. Out of all of them, I think I would trust Advantage the most.

I moved from Velocity to TransAct and I love them. At first I didn't like their software, but after getting used to it, I think its just as reliable as X_TRADER (at least in my experience). Bill Zimmerman is the guy to contact over there.