Search results

A) Do you even know what a bucket shop is? B) Do you understand how today's "prop" firms work and why ppl choose prop firms instead of simply trading retail?

LOL I noticed the same. No reason to generalize all prop shops, with any given firm you will find the worst scumbag groups that just want you to churn and good groups that develop traders. What isn't a scam in the financial industry? I would love to know the answer to that one.

He has an all-in rate that includes additional software. It also seems that he does not trade much volume and prefers to take positions.

Do you pay commission at all? Seems like you just grab positions and wait them out. As soon as I get out of FCL Im going home. It's a churning fest today as usual and I don't wanna risk my money.

You already tried this thread and it went into a flame fest. It don't matter if some are still making money, trust me, I see a lot more potential from the top traders in my group list rather than anything posted on here. It does not change anything about the fact that the market keeps getting...

Hey wareco, Thanks for the worthless post. Next time, try to see that what I was suggesting could actually be beneficial as opposed to what the last blotter thread accomplished. Since Diamondtrim likes sharing his results I would be more interested in his Naz picks and his use of Trade-Ideas.

I think you need to do a lot more research on how the HALT works. It's free money for the floor that is ripped off the small investor. There is nothing beneficial to mom & pop when the price gaps down 10% instead of a steady sell off. Your views are extremely biased, I think at first you...

Dude, start a journal. I think you might as well discuss your results while you're at it. This blotter challenge is stupid, it does more bad than good. Just a bunch of aggravation and flaming. I don't see how you guys bother to waste the time to deal with the screenshots. I had a good...

Listen you need to realize what a FA is. It's just a fancy term for broker and bottom line that it is just a salesman job. Yeah they try to fluff it up with insurance selling now but it's just a broker and it is tougher than it has ever been. Mom & pop aren't touching these markets. You need...

Somehow I'm not at all surprised at the VLO dumping after the Cramer pump. Once he scorns it, should be a nice stock to trade long.

Exatcly. Isn't that the whole point? There is no big reward in battling it out in a tough environment. The big kahuna is when the retail money hits. How can anyone say that it's not a tough equity market? Weak stocks start squeezing when futures dive and strong stocks start diving during...

LOL that is true although I have been very happy at the firm. The Andover name held a lot of negative connotations to it like the LLC leader going into a trader's account and robbing it blind. There was also other shady stuff done at that firm, not that it set them apart from many other...

Maybe you should rotate a few of the regular stocks while keeping one or two steady favorites. For example, you can stick with a Dow component which is kinda always in play and be on the look out for some new stocks here and there. Most of these stocks don't stay active for long lately so you...

Thanks for the reply. Yeah it's kinda obvious that it is a sign of desperation to seek PIPEs when you give the bonds or equity to the private investor at a lower than market price. I read some stuff throug a Yahoo search and it mentioned that the annoucement of a PIPE shows a sign of...

To anyone that is knowledgeable on the subject, can you share some thoughts. Why does this seem like a scam to me? Get equity below market, watch stock pop and dump it on mom & pop. Is this a variation of the "upgrade/downgrade" scheme? Thanks

If you like DNA, you should prob go for the psychotic groups like brokers, steels, homebuilders and oils.

Like I mentioned, I would not look toward the NYSE floor as a sign for daytrading success. I mean these guys were doing much much better 10-20 years ago, let alone what they used to pull off even farther in the past. Plus, it's quite obvious that at the very best scenario for them, they might...

All that work? I just whip it out and that seals the deal. Maybe I should start charging for the service.

Hahahaha, that's f**king great. I'm taking notes.

Lot of shame when I considered that a near flat day only a few weeks ago. Thats a good link, but with this market I'm still trying to recover from the recent downgrade to oregano. One step at a time.:p