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    When someone asks "what you do for a living" what do you answer!

    I'll take that bet as long as I get heads, it's a Greek Eurodollar, and we spin it as opposed to flipping it.
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    When someone asks "what you do for a living" what do you answer!

    What people don't understand is that trading is a "profession" and as with any profession, you need the proper tools. I'm sure many people know of someone who tried to be a daytrader and lost money or have read an article about those people. What they don't know is how ill-equipped most...
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    Prop Firm Kills future Career Options?

    Makes sense to me. If you did a good job at a prop firm, you would still be there making money, increasing your size and profits. Why would you want to go somewhere else. If you were leaving, to get a "job", it probably means you couldn't make it as a trader, so why would someone want to hire...
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    Chicago trading firms.....

    Hey Don, When are we getting those two buttons added to Redi: "Buy at High of Day" "Sell at Low of Day" ?:D
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    Chicago trading firms.....

    Just have 2 Position windows: In the first one, have a query of LongVal=0 and ShortVal=0 This is realized P&L In the second one have: LongVal<>0 and ShortVal<>0 This is unrealized P&L
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    SEC fee changes

    Per the SEC website: http://www.sec.gov/news/press/2002-57.htm "In addition, effective Oct. 1, 2002, or 30 days after the date on which the Commission receives its fiscal 2003 regular appropriation, whichever date comes later, the Section 31 fee rate applicable to securities transactions on...
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    Stiff Neck

    Do you trade in just a thong when you use that chair?:eek:
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    When someone asks "what you do for a living" what do you answer!

    Nearly every time I tell someone I'm a daytrader, it's after we've had a down period. They always say that I must be losing money in a market is like this. I try to tell them that as a daytrader, it doesn't matter which direction the market moves as long as it moves. Unfortunately, getting...
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    Chicago trading firms.....

    Bright's office is at 440 S. LaSalle St. You can talk to the office manager there - Diane Harsh. This was one of Bright's first and is one of their larger offices.
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    How do you close a losing trade?

    QUICKLY.
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    Negative People in a trading office

    Almost every office I've been in has one or more negative people. Or if they're not negative, they're just extremely distracting. I've been in 10+ offices and can honestly say that no 2 are alike. They each have their own personality. I think a lot of people want to trade in an office so...
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    Negative People in a trading office

    I remember when I was in an office that a new trader came in and he was put next to me. He was the most bearish trader I knew... thought the whole market was going to crash around our knees (1997). He also cussed a lot, but reigned it in a bit. He was a nice guy, but bad attitude. However...
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    Is this fair? Is it common? I want to know.

    They are already losing volume to the ECN's and as the ECN's grow, this will continue to happen. The little guy uses them to avoid games, the big guys use them to remain anonymous or hide big orders. I'm sure there are already computer programs at the big firms that are using the ECN to get...
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    Does anyone know of any trading firms in Arizona

    You can always trade from home and avoid that pesky commute. That way you don't have to get up til 6:25am.
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    Arca

    Because they want to see everyone else's orders.:D
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    Dear Mr/Mrs. Nasdaq....Can you go up now?!

    If you're so intent on NASDAQ, why didn't you just buy NASDAQ stocks that were going to make money: FFIN MBFI SCFS SPAR TSCO If you do that, then the rest of the NASDAQ doesn't matter. :D
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    What's cheaper than QUEST Capital for buying your Series7?

    I guess I'm missing something here. Why would you even want to go through the hassle of the Series 7 if there's not a firm you want to be affiliated with???
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    Website for Beta, Avg Daily Range, & Volatility?

    OK, here's a link for volatility: http://www.ivolatility.com/home.j
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    Exchange fees question

    That depends on your quote provider and firm. If they work together, they can submit paperwork to most of the exchanges that will allow you to pay the fees only once.
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    Question for Active Day Traders on Here.

    Trading at home can be an excellent lifestyle. No commute. No distractions that you get in an office. In an office, I found myself getting in trades based on what other people were doing which is not a good idea. While there is something to be said about the input you can get in the...
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