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You are probably smart to not trade until more favorable conditions come around, however I am tired of waiting around and don't really know how much longer things will be like this or if this is the new market conditions and market volume. Also I don't have that kind of money to sit around and...

Are you counting making 10 points a day per contract or say if you trade 2 contracts at once you really made 5 points per contract but 10 points total?

I use to hear it every week how good Dave Nassar was at trading straight from his mouth or from his cronies. However I could never figure when he did all of this trading. I sat in a room across from his but never saw him trade or any of his real results from trading.

I here what you are saying. As far as what other people are doing in this environment -- the people I know are either living off old money, hanging it up and looking for a job, or switching to futures/currency trading? The office I am in had about 25 active traders 4 months ago. Now there is...

I would be shocked if you got someone to bite on this for how little profit they would make on you. Unlimited leverage and no risk management sounds like a potential disaster waiting to happern. If someone hands out this deal I would have to wonder how at risk my money would be because it...

I think the loophole is that you need to be treated as a real employee not a leveraged retail trader.

One interesting aspect of the friend you are talking about is that he came from money. I would think that would totally change the psychology of a new trader starting out knowing that he would still eat, pay rent, and live comfortable despite trading success or failure. The problem with a lot...

The only form of prop futures that I have heard of are the ones where they take the risk and you put up no money but give up a percentage. If that is not the case then it really is not prop. You are right there is no reason to do the Bright/Echo form of prop because it does not take much money...

Probably a good person to ask is Aaron. He trades in bigger size lots so has experience with the liquidity of the market ect.

Pretty much what I know about GHCO was covered in the other thread. Tradelink does pay a salary but I think it is like 30K, but I think because of this you get a worse payout deal at first and a longer lock up. From what I know they trade mostly the Eurex and US bonds and soon will be adding...

Some are difficult to get into. I don't know about the creditials question. Some prefer trading experience and others prefer you do not have any experience trading. Best thing might be to do some research and have a list of firms, contact them, and then plan a trip out there to interview with...

Tradelink, Matrix trading, and then there is another one but I don't know the name of the firm. GHCO also has a prop group that is suppose to be really good too.

That is a good point. Most futures firms take a higher percentage of what you make instead of trying to churn the profits out of you. The way the futures firms run the show seem to be good for the traders since there is more of an incentive to provide the trader with everything they need to...

I was hoping for more options out here in CA for prop futures. I can't believe no one wants to open an office out here. At this point I really can't stand trading stocks anymore and so I am getting antsy to do something soon. I know someone who just gave up trying to get something in CA and...

So are you saying there is a difference between trading someone elses money and trading your own money where you get different results? Unless I am reading this wrong you seem to be saying that you can't trade your own money the same way you trade this other acct.

Thanks for you help.

I am trying to find an intraday volume scanner for Esignal where I can scan for volume right in the morning realtime. I want to be alerted to stocks who are trading abnormal volume compared to what they normally trade at that time of day. So if it is 15 minutes into the day and ABC stock...

I don't know if you resolved your problem yet but I was told today by a tech at my office that if you run 2 different cards for two different monitor then it is good idea to make sure the charts don't overlap on the two monitors or you could have problems of the cpu maxing out. It is easier on...

What I do is look at the big contract S&P for most of my charts because they seem to have less "overshoots" and noise than the emini charts. I never thought of looking at the cash index charts.

Why would you trade them off a SP cash chart? Futures are suppose to lead the cash aren't they.