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Does anyone have any success with scalping the earnings? In other words, right before the earnings announcement is released, you enter a buy stop order above the market price and a sell stop order below the market price. Once the earnings and guidance are released, the stock typically will...

Hi Don, I'm reposting this post because I'm not sure if you received it on last week, as it was at the beginning of the Easter holiday weekend. thanks, Walt

Thanks for the feedback regarding the Series 7; however, my initial question was... will a prop firm allow you to have two accounts - one for long orders & one for short orders - simultaneously trading long & short the same stock in the respective accounts? Personally, I wish I could go long &...

Thanks Don, Does this mean that you can be long & short simultaneously on the same stock where you're hitting bids and buybacks? For example... If I'm long a 1000 shares of IBM, can I short 2000 IBM shares and still keep my 1000 long shares? If none of this is feasible, is it allowable...

Please forgive my ignorance, but what is meant by "trade around"? Also, I was wondering if you can be long & short on the same stock within the same account. I would be interested in the same account because of margin requirment implications. thanks, Walt

Are you allowed to have an open long & short position simultaneously on the same stock with a prop firm? For example, can I have 3 long positions and 4 short positions on MSFT at the same time? thanks, Walt

I appreciate the feedback; however, I'm still bewildered how Paul Rotter is manipulating the markets, even thin markets. Does he place simultaneous buy & sell orders of the same underlying asset in large quantities with the objective of moving that specific market in a particular direction...

Please forgive my ignorance, but I don't understand how what Paul Rotter did or is doing can be viewed as wrong or unethical. Isn't he just doing the same thing as market markers?? Or instead, is he creating large "fake" orders to drive the market in a particular direction, as would be...

Although I have an account with IB and IBFX, I only trade fx thru IBFX... Given that I've recently began focusing on a particular scalping strategy, I believe that based on the information shared in this thread, it would be in my best interest to scalp thru IB... Thanks for the advise guys...

Is there any recent info on Paul Rotter??? thanks, Walt

Hi Cabletrader, Why do you advise against using a MT4 broker? I have IBFX. Hopefully they're legitimate with the prices and the movement of the currency pairs... thanks, Walt

thanks...

What do you mean by "backfill"? btw, I just downloaded "bestfreecharts.com". It seems pretty awesome. However, I'll know more after some testing. I came across the advertisement in Stocks & Commodities magazine. The same magazine that Don Bright is in... thanks, Walt

How do you avoid the self-employment tax when trading with a prop firm? thanks, Walt

thanks Rubibond... any info on John Arnold's trading strategy. Needless to say, a return of almost 25,000% in about 6 years is nothing less than absolutely phenomenal!!!!! Walt

Any ideas on John Arnold's strategy? I understand that Centaurus, his Hedge fund, specializes in the energy sector (particularly natural gas). I understand that he's been averaging 100% - 300% annual returns each year for the last 6 years in the futures market. It was reported that in 2008 he...

Hi Keops, Do you think that you would have been profitable overall if you traded for the divergence, instead of the convergence (mean reversion)? In other words, buy the strong stock & sell the weak stock after they seem to begin the pattern of divergence from each other. thanks, Walt

Does anyone know how many times the SPY traveled $25 without a pull-back or retracement of at least $2.50, including intraday pull-backs of at least $2.50? In other words, even if only one time during the $25 run, it may have gone up $2.00 earlier in a given day, then pull-back by $2.50 or...

How does the liquidity in the futures market compare to the spot fx market, especially during odd times (i.e. Asian session & during the early phases of the european session)??? Walt

Is it a "bad thing" for a trader to use a MT4 broker? Of course the benefits include writing EAs... Walt