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I get a lot of "ha ha" moments reading Elite Trader. In fact, I just got one now reading your post.

You are thinking theoretically. The problem is you don't know which bids and asks are genuine/real. If you are in a short position and you have a flash crash, you could have a paper profit in one second and then have the paper profit wiped out in the next second. If you are trying to...

Depends on the type of volatility. When 10 price levels vanish suddenly in one second and there is a huge hole between the bid and ask, that's unstable volatility. i.e. a problem. The 500 or even 1000 point intraday volatility in the DJIA is not a problem. It's usually orderly...

For causing a lot of tooth decay?

This is just for kicks... Mine was 10 in a row a few weeks ago.... 10!!!!!! My balls shrank 50% afterward.

Listening to Nouriel Roubini (sp?) Before him was David Tice of the Prudent Bear Fund.

I guess when you do too much of anything, bad things happen. Uh-oh, spaghetti-o!

LOL at the Park Avenue dump comment. Nice house but not my taste. Thought Hinsdale was a nice place. I guess it actually is a nice place. But I probably wouldn't want to live there.

IMO, it's really the people that make the difference more than location.

LOL..... I don't believe a lot of US planes were shot down during the Korean War. I can't speak for Chicago but NY can eat a person alive in 6 months. It's not as glamorous as the media or tourists portray it. It's actually a harsh city. If you can make here!, then you can make it...

Isn't shorting harder and riskier in a bull/bullish market?

Yep, I feel the same. I am trying to figure out how to solve the problem with boredom. I can't make the market move faster. I have seen a bored trader read a book while trading. I don't think that's a good idea.

You sound like a TA of an applied math professor.

You sound like a PhD student/graduate.

Looks like CTG in NYC shares the same office as WTS. I checked it out once and encountered a weird unique problem. The main door of their office has a door handle made out of some metal. Almost every time I touched it, it sparked and I got a nice electric jolt. Never had this problem...

Everything sounds great but Gotta move to Chicago.

My senses lol feel a link between cap traders group and WTS.

That sux man. That's why I BITCH about deposits. Not b/c I want to free ride. If I lose money, will gladly put up deposit.

Just saying that failure rate is similar to failure rate of those training programs sold on the internet. Like Quik POP/Woodies CCI. So training is not worth much.

You are pretty much right on. The business model should be profit driven with commissions to cover overhead. The emphasis should be on profits and not on commissions. You need profitable traders to grow your firm. That said, money isn't the most important aspect of a firm. You...