Search results

Are you crazy? Hell no.What are the other terms? Commission rate? Capital contribution? What happens if you go negative 9which you surely will), etc etc

There's nothing to it: if oyu have any cash to put in, they'll take you. The GPA and what school you went to only applies if you want to go without any capital contribution. Other things matter too such as if you are real aggressive and pain in the ass towards walter and play the song and...

Are you kidding? Of course trading is not gambling. Sure..you can certainly gamble at trading. But trading is NOT gambling. Do you think guys who consistently make money - I mean 5 years...7 years...10 years... running.... - are "lucky"? Come on...wake up and smell the coffee...There are...

The thing you have to realize about US tax code is that you are obligated to pay as you get paid....as someone already mentioned. When April comes around and people pay their taxes, that is just the "recording" of you income and due taxes and reconciling the differences...but, as you knw, taxes...

This version is the less-bandwidth-intensive one they recently came out with. Its kinda pain in the ass for reasons I can not go into here because it gets technical. But Im using this version as soon as things get set up.

I heard from someone at Wldc that Worldco recently bought out couple of offices in NJ from another daytrading firm. Does anyone know from which firm/how many traders, etc etc?

I admit....I need a shrink. I guess Im a gambler at heart and I have no sense of value of money...I have no respect for losing $10,000 in a day....and when Im up $5G, I shoot for the moon and end down $10G..... My worst losing streaks always seem to come right after a big positive day...

You can do whatever you want with this software..including what you are looking for. It is CPU, RAM and badnwidth intensive, however. And probably not cheap. Check out Neovest..com or maybe there is First Alert.com.

Ive been at Worldco since 7/1999. Since I joined the firm, many things have changed and many traders have left the firm (and joined). There were about 250 traders in 1999...not there are about 700. I know they have been firing unprfitable traders (net net) recently.... I guess the industry as...

I have access to NX and NYSE Open Book (both useless in the big picture) ..and ECN's (INCA, ARCA, REDI & ISLD). From what Ive seen, I wish the specialist system would just disappear. It is such an unfair system. I think it will disappear soon enough. Soon, there will be 24 hour electronic...

I have an MBA from Univ of Chicago. I can tell you: MBA - from ANY school - will NOT make you a better trader. My personal experience. Trading - at a certain level - is not about what you know but how you execute what you already know. It's just like professional sports in that sense...

Im sure it was the main office on 110 Wall that he interviewed at. Only Walter himself can change deals, per se....so he was probably on 18th floor of 110 Wall. By the way...everyone may say that you are responisble for your losses if you leave the firm...but what do you think they will...

Why do I want to look at Bid Size? lol...well...Because it would be nice to see some nice size stepping up as the stock upticks.... Of course, you never know what the specialist is doing..could be hidning...to avoid NX trades..who knows??? But it is always nice to see some big size on the bid if...

Yup...Im using First Alert. Its very flexible... But so far...nobody has posted any useful criteria yet. And..of course, Easyrider...Im not expecting it to make me money 100% of time..and, of course, you must use wise money management.,..blah blah blah blah... Let's skip the generalitis and...

Im wondering if traders here can pass around some ideas about intraday buy signals...stock specifc. Im interested in creating a filter that I can just buy with my eyes closed as long as it comes up on the filter. Some of the rules I might look for might include: 1) Futures positive. 2)...

This is interesting. We just got access to execute on ECN's like ARCA, INCA and ISLD...butwe have no way of sending "hidden" orders. I'll have to ask about this. Also, I guess it IS those hidden orders that Im lifting or hitting out when I get better fills than what I saw on the quotes.....Hmmmmm

What is a hidden island order? You mean there are more than what you see through ECN quote screen?

I have AT Financial from Thomson Financial (www.atfi.com - 877-485-3857). This service allows you to have as many news windows as you want, has boolean search capabilities (such as "stock & split") , can subscribe to many news services including Reuters and Dow Broad Tape, and have hundreds of...

What if you don't have a set amount of capital to work with...like at a prop firm where you're limited by share size / position size, not $$ amount?

It only applies to your sell $ amount.