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You got a valid point. If the fact that it is rare that a firm goes after someone who leaves makes one feel like it is worth signing the contract than that's fine. My only point is that only if one is comfortable signing and you sound like you are should sign it. One should not sign a contract...

I disagree. I think if the terms of the contract makes one uncomfortable they should not sign the contract. Relying on the firm to not enforce the contract is not the same as there not being a contract. If they don't plan on enforcing the contract they should not have one. If it is there for...

Do HFT trader's lose money the way day trader's do? Is the perception that HTF makes insane money accurate?

Just who are they weeding out? Great point!

Money made from trading can be wiped away but a college degree will be here to stay. Don't throw away educational opportunities. The markets will be around but it is a lot more difficult to attend school when you are older. If you can attend school and not go into debt I would say go for it...

That's a thoughtful review of TST. And now you appear to be objective and not bitter towards them. I agree that they are looking more like an educational firm than a trading firm. but you mention practice accounts as a way to get practice and not lose real money. Is that also the case with...

Whatever. There is no point in arguing. You are claiming they lied and if you are telling the truth then by all means go bash them. But for the most part, many posters have complained that they did not like the agreement IE stop loss amount or whatever. In their case I say don't sign up...

People can criticize Patek all they want. But if someone signs up and does a combine and does not like it who is to Blame? If Patek made good on their agreement don't blame Patek if you don't like their deal don't sign up. My point is take responsibility for your choices.

I never said due diligence is a bad thing, putting words in my mouth says a lot about you and how many times I post is not relevant. My point is that Patek is not tricking anyone. DO you disagree?

Is patek the ideal place to trade? Probably not. Is it the worst place to trade? I don't think so. Yes it would be great to see some numbers but lets face it most traders fail. I think they are not making any promises of riches or trading success. They state what you need to do to become...

Great article. What economic value do these HFT firms have? This is not silcon valley. They are also not engaging in an orderly transparent market. I wish the HFT a swift demise as they are a huge waste of human and real capital. Hopefully they will self destruct. They make their money by...

payment for providing equity is a part of it as well

Thanks for sharing relevant comment on HFT.

Whatever. Still no one has yet to disprove my thesis that HFT is about trading on order flow information not available to those with slower computers or whose gateways are troubled with latency.

Flocking or chaos theory is not relevant at all to what I said. HFT is akin to legalized front running. The bots see the order flow before our eyes can blink. They are able to trade off the order flow in a rapid manner. The flash crash was not flocking it was a response of algos all...

HFT is imo legalized insider trading. The firms know order flow before the little guys.

with no open interest the bid ask spreads were $5 wide. So I had something like intrinsic value at $10 They were Bid $6 Ask $11 So I place an order at somewhere like $9.50 and it sits in the book. I am throwing away $50 and they won't bite.

I had the problem when i bought illiquid options on an ISE Index. Since I could only exersize on expiration, they would not even buy from me at prices less than intrinsic value. I had to wait to expiration where it was cashed exersized. Lesson learned. without liquidity

I think they wil say it was a fast market and you got whatever you got. I think it is a bunch of non sense because the market makers or whoever was on the opposite side made off like bandits. IMO.

You should not gamble until you have real experience and have all ducks in a row. Then you could take a higher risk. But I still think you should not risk it all becaus eblowing out an account is demorilizing. You should not think of it as a gamble. If you do go to the casinos and have fun...