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Makes a lot of sense, thanks !

What I don't get: in the (equity trading) prop business, a 15 % yearly gain on your BP is considered pretty good (e.g. with 2 M buying power, you're doing WELL above average if you're making $300,000, in fact, you'll be with the 10% best prop traders at your firm). Now, let's say this propfirm...

Ok. So I assume you ran a relatively small clearing firm and are now making the assumption that the bigger clearing firms cant hand out better deals to their customers than a relatively small firm could ? All I know is that 0.003 in this business isn't a VERY good deal at all, you can get...

I guess you're running a small B/D or something ? The bigger you are, the better clearing deal you can get (and compress trades etc)

Like noted before, if you REALLY are concerned about the possibility of professional hacking, there's only 1 solution: burn your HDD and dump/sell the rest of the computer. Seriously, there's no way you'll be able to find software that's been installed by a professional hacker. If a true...

Of course not, there's nothing wrong with this economy, just keep buying, lol

I've been trading for HLV too. Just wanted to add that, like previous posters stated, Pete and Erik were the only positive factors in the whole HLV story. They're good, honest, guys.

Lost quite a bit on that nasty index squeeze and that MER conference tank, so I was quite happy to have ended 0 today. Not a very good week uptill now (missed monday).

That's like saying, I've been in trades that went $5 against me and I still got out with a profit, so it isn't a good thing to cut losers quickly, they can become winners after all. IMHO you should have a very good indication if you're up to this or not within 7 months. If this job is really...

down -3400, got 0wned on LVLT :(

I think you have to be honest to yourself. This doesn't look very good to me. Others graduated, but you didn't. Not trying to put you down here, but I think you've got to ask yourself: why did they graduate and why didn't I ? 5 months is quite some time and should give you a good...

Exactly, just answer the questions like you truely feel about them, don't try to find the answer you think they want to see. If you get hired but are not suited for the job, this job will be your worst nightmare. There are only very few prop traders that make good money. I think, most...

$600 for the day, about $12,000 for the week. Have a good weekend all.

Exactly. SLI is when you have 2 or more cards in your system and where these cards join their forces and all supply computing power for 1 screen. If you're a gamer, you can add additional 3D computing power this way, but for trading it's completely useless, since you don't want to run 1 screen...

I have about 10 L2's, 10 T&S and about 15 charts, news feed(s), some riskware and some additional software. I could perfectly do my thing with 4 19" monitors (or maybe 3 22" monitors), but that would mean I'd have to do lots of switching between L2's and chart's and I hate that :) Nowaday's...

If you need speed (and most traders do), forget about Matrox cards, they're CPU hogs. I have an 8 19" monitor setup, currently split between 2 systems but I used to run 6 monitors on one. For 6 monitors I'd recommend any fast mainboard with 3 PCI-e slots and 3 "Club 3D 7300 GT Silent" Nvidia...

Today $1200, for the week $8000, had hoped for a bit more, but based on this weeks lousy plays, I'm happy with it. Hated the way BEAS traded today though ... Uptill now October isn't really what I expected it to be, I had hoped for some better earnings plays. Let's see what INTC will come up...

Nice work, Szeven ! Congrats. My month totally sucked, but today was good and finally something worth posting :)

You missed my point. Making one month 100k and the next two months 0, is only 33k per month. And being a proptrader and not getting 100% (I think it's no secret that most will get between 60-70%) and having that EUR/USD at 1.39, that's really not THAT much money unfortunately and I think you can...

It's really not the amount of money he's making that makes me suspicious, there are lots of traders making even way more. I really don't consider myself as a toptrader but had my 100k+ months too (followed by months I'd be 0 or even lightly negative). I believe that any trader that's SERIOUS...