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Even if both you AND your opponent still have your heads atop your shoulders it does not change the risk profile of the game. So I can be more certain I would appreciate The Ghost's comments on a customer's position when dealing through an introducing broker with RCG or IB or whoever. Are...

Where do posts like this come from? I have never traded prop nor do i know very much about where the break points are that make for a deal being a good one or a bad one. Yet, simply based on the numbers the OP provides, it is clear that he is seeking a deal that leaves the firm with risk and...

The fact is the system is badly designed. With SIPC you have insurance that is very likely to pay out to predictable limits even under very adverse conditions. Segregation is all well and good if your firm has done the segregation properly that day. Recently Lehman customers in London lost...

You think the OP should not be happy to have this guy as a partner?

Ahh ... the static thinker that believes that businesses don't grow ... lol. Nothing wrong with not making anything the first year or as you say "would-you-like-to-super-size-that-order" money. Three or four years down the road when he's managing thirty or forty million (or more) the...

I don't get it. What does it matter what the market will do in the future. Right now it is up. And you need to play it that way.

I am not at all offended. And I think it is a fine thread. I just think that if you expected the detail of what people use it is not worth much conversation. But the conversations that are actually being have some value.

Not a bad thing for all traders to remember. Being in the "meat" of the move is where lower risk trades live. It not only takes most traders too much time to absorb that ... it seems to be all too easy to forget or ignore. I am trying to make it part of my DNA. I can wait to get rich but I...

Yes ... you are correct in what you point out. I guess no one mentioned it because the OP's entire premise of asking for specifics of anyone's trading system/method is not really worth too much discussion.

There is quite a bit of dumb money in the world. If his partner can raise that money the OP's job to make that dumb money smart in retrospect. Your facts are essentially correct but the OP wants to know what his next move is. I think you would agree that he should go full speed ahead to...

The substance overwhelms.

It is excellent advice. Frequently the left hand does not know what the right is doing. Unfortunately my neighbor, a very thorough guy, has already done just as you suggest. They are not even close. I sold a loft in Tribecca and moved to Queens a few years ago. Financially it was a fine...

Just found out I need to wait till FIOS gets to me ... lol. From the unanimous opinion I can see it is a must switch the first chance they give me. Thanks for the quick & definitive responses. A bit surprised it is not mentioned more.

He thinks the money has already found him. And maybe he is right.

Verizon is offering cheap deals on FIOS. How does it stack up against Time Warner Cable which I now use?

TZ ... You have an incredible talent for setting up straw men that lead right back to your zealot's belief that no one but you can ever succeed. No one, not the OP, not me ... nor anyone else suggested he raise money from friends or family. It was never an issue. But the only route back to...

If you have someone willing and able to raise seven figure $$$ on a three month track record shake his hand today on the following deal: If, in the first six months post formation, he raises: 1) $500,000 to $999,999 he gets 10% of the equity; 2) If it is $1,000,000 to $1,499,999 he gets...

I'll bite. What is your trading system?

I did think 150 was bit of an excess ... lol. Still, 30 days is not even close to a sample.

Can you really use 30 days as a sample particularly on 150 range charts?