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I was with WTS for 2 years, but left last July. I found the firm to be a fairly honest place to trade. I don't see how anybody could trust the snake oil salesmen at T3 with their money. They're not an ethical company in my eyes.

Yes, but everybody has to start somewhere. I've applied for internships in the past, but many of them only want current undergrads. I've noticed that I kind of missed the boat, because many jobs require at least some internship experience and to get an internship you need to be in school. I...

Gotcha, yeah, I have no real work experience where I had to get up and go to work every morning. I had a problem before going to WTS that firms were unsure if I liked trading, because I had no trading experience. Now nobody can say that I haven't demonstrated an interest in trading, but like you...

I went there, because I had no trading experience and it was my only option other than opening an account with a broker. WTS allowed me to day trade though where as I would have needed $25,000 with a broker. I also got .30/1000 and 80% which I thought was a good deal so it had its benefits.

It depends on whether or not it can lead to a trading position. I don't want to be a back office guy forever. From my understanding at banks once you're in a back office position it's almost impossible to get out. However, it's supposedly easier at hedge funds. I want them to understand that my...

WTS made like $8000 off of me through clearing fees from negotiated rates. They made $4000 through other fess (mostly platform fees) for Fusion. Then they made over $1300 off of me for profit sharing. So yeah, they took almost $13,000 from my account themselves. I also paid Other fees (SEC I...

These are all the firms that have given me an interview over the past few years and where I got axed, phone screen implies no technical questions: 3Red- 1st round Akuna- Online pattern recognition test, hardest test I've ever taken, probably spent too long on the hard questions, should have...

Well, I've been trying a long time to get a trading position so I'm a bit demoralized. I've applied to probably every major firm over the course of the past 2.5 years. I need a backup plan. I have a set date to begin my backup plan if I fail to get a trading position or am not in the process of...

That's pretty much what I did for almost 2 years. It's pretty much what most people did at WTS. Although I did more tape reading than look at charts. I get the feeling that a lot of professionals at these top firms use the options market more to make trades and take a hard look at volatility to...

I've interviewed with a couple and bombed. I had almost 2 years equities trading experience with WTS where I was net positive in the market by about $4000, but was never able to get past their expensive platform fees to build my account. I only had about $5000 of my own capital to work with. I...

Looks like it might be in free fall now. Call me the next Warren Buffett. :)

Market Cap at close: Chrysler- $14.7 B Tesla- $32.4 B BMW- $54.3 B Ford- $ $59.6 B Mercedes- $66.9 B Toyota- $190.9 B Toyota is launching fuel cell cars next fall: http://www.pcmag.com/article2/0,2817,2472317,00.asp It's only 5 minutes to charge a fuel cell car for 300 miles. It's about 40...

I got dropped from my provider. It's going from $125/month to $175/month if I get the worst plan available (which is twice my current deductible). At least I'll have maternity care now, something every young man needs. Great success story here!

I actually think burger flippers are underpaid. It's not fun work, but somebody has to do it. Lets be honest, for some of them it's the best that they can do in life. I'm ok with them raising the minimum wage to $15/hour, but then everybody should pay the same tax rate, no exceptions. Right now...

I read the L2 and T&S. There is some level of subjectivity which makes tape reading very hard to automate. I traded Sprint today. The tape looked about the same every time it dropped a few cents. I pretty much hit the bid in that all day with 2000-5000 shares at a time. When the book started to...

What kind of company with sound fundamentals does this? http://finance.yahoo.com/news/wendy-s-kills-its-popular-pretzel-bun%E2%80%94for-brioche-211606471.html I hope it goes back below $5. I loved the pretzel burger.

I recommend it if and only if you have an infinite supply of money. Maybe you can get Warren Buffet to back you.

Parents will probably hate this post. I disagree with the people saying stay in school. If you're smart enough and passionate enough about something you might as well go for it. You can always go back to school later on. I wish I started trading sooner instead of going to college. That said...

They just want to see how you think and problem solve. Nobody knows that answer off the top of their head obviously. I'm really good with numbers, but I have anxiety issues with interviews. Messing up that question caused my to hesitate with the following questions, even though I'm positive I...

What needs to be done for you to consider your trading as a hedge fund so that instead of paying income tax you pay capital gains or carried interest? I know that hedge fund and private equity managers get away with paying a max rate of 20%. Many of these hedge funds aren't holding their...