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They (the industry) give people internships because they need obedient people who will do bitch work, like getting coffee, or making sure the clearing records match up. There's no guarantee of success. The general rule of thumb (70% of the time) is that in Chicago prop firms, you need to...

Totally disagree. Some basic understanding of probability is a must for this business. You don't need to be a statistician, but you should have gotten As on probability, inference, and regression.

Who in their right mind trades off of the consolidated tape anymore?

I'm looking for a good audio feed where they announce what's going on with the market. TradeTheNews has this really stupid LinkedIn Account requirement that is very annoying. Are there other alternatives to this?

They're not in over their heads. They are sticking to their script. Even if you were born yesterday, you could go to YouTube and watch all the videos of what guys like Ross Perot said like 17 years ago and watch the talking heads who're still around today attack him. All this fake concern...

As much as I dislike the democrats, the republicans are at fault too. That Saucedo lady is right when she says she works full time but can't afford the basics. That's because her purchasing power is stealthily being taxed by inflation. Republicans didn't do anything to slow the decline of the...

Yep, it seems like it's all based on how you fill out certain parts of your tax return, specific boxes. That solves it.

Where I live, my rent is actually more than what it costs to buy. I'm planning on buying around 2013, plus there's this uncertainty around the homeowner's mortgage deduction. If they change that, then the market will price that into home prices and home prices should fall a little bit more on...

If you have income from both a regular day job with W2 (half a year) and another half a year of purely self-employed income from multiple businesses (some 1099s, some trading income), can you still use the SEP IRA? Is the amount you are allowed to deposit restricted by the amount of income you...

I worked at a few prop firms that have setups like this, but it's hard to really get anything out of these types of places. After a long day, I just don't care about yoga or a zen garden. I just want to go home and rest. And these types of places always have these city-views. I used to think...

I considered them as an alternative to IQFeed, but there's no free trial to test their stuff out before committing money. I would also be interested to hear reviews.

I'm posting to keep this thread alive and at the top, until the others come back and post blotters out of pity.

This book leaves a lot untouched, but it is like the best shot-term crash course for getting a foundation. I still feel like it leaves a lot left to be desired, but a lot of the books do. I bought several, read a few, and I have the memory of a gnat and keep forgetting what I learned.

Why even bother with a chart at this point, just read the time and sales and market depth and do it all mentally.

Woohoo. Nicely done. Keep it coming.

I'm just sad this thread is dead. Where have all the inspirations gone?

Which countries?

Can't all these European companies just have ADRs in the US and then bypass all these stupid taxes? Moreover, can't they just move all their trading volume to the US? Of course, I don't trust our politicians either. If they pass a tax like this in the US, we can send all the volume...

In the middle of trading today, IB stopped displaying my PnL on TWS. The GUI just stopped showing it outright for a few symbols.

I'm not a developer on their forum and the $300 developer fee is steep, so I'm posting here since a lot of apps that I use connect to IQFeed. For better or for worse, I'm dependent on IQFeed to make a living. Here's some sample historical data from IQFeed (for CSCO this morning), ripped...