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It's actually an area rug over walnut hardwood floors. Here's the other angle. There's french doors to the left going out to the hot tub and pool. <img src=http://elitetrader.com/vb/attachment.php?s=&postid=1732293>

The home office <img src=http://elitetrader.com/vb/attachment.php?s=&postid=1732000>

It's going to totally depend on the trader's personality and the ability of his strategy to handle additional size. It sounds like Trader Tim thinks the market knows his recent p/l then consipires to trick him into losing trades when it reaches a certain point. Of course that's rubbish. What...

Another great year, and my advice is still exactly the same as one year ago. Get a cheaper broker and gradually increase your share size. You are underperforming what you're capable of.

Hydratrade and Lightspeed are both fast, hotkey based systems that are pretty customizable and very stable. I trade with Tuco Trading and they offer either platform (or Sterling Pro if you want). You can get 20-1 without licensing there. You can pm me if you want info on the firm, I'm a...

This is a pretty good book, moreso if you know some calculus. <img src=http://elitetrader.com/vb/attachment.php?s=&postid=1730605> http://www.amazon.com/Complete-Arbitrage-Deskbook-Stephane-Reverre/dp/0071359958/ref=sr_1_1?ie=UTF8&s=books&qid=1199049975&sr=8-1

Dude, you are the biggest inspiration on this whole site. I've been real glad to get to know you and chat with you during the day. And really pumped for you watching you grow methodically and scale up like a pro. Congrats. I'll definitely pay you a visit on my next trip to Victoria.

I think you nailed it, they could either go down or keep rising.

NO prop firms are sipc insured. Seeking outside investments is a non-issue. IMO, being a broker dealer or a member of a SRO is not that big a deal. There are numerous firms that are stand-alone independents that operate completely above board and operate that way to save a lot of overhead and...

You should have no trouble finding several good firms that can offer what you're looking for. It's your money, no one should tell you what or how to trade. The firm extends you leverage and makes a profit on your commission. 100% of gains and losses are yours. Pretty simple formula. The...

Please post the list here. Guaranteed 10% a month is too good to pass up.

What is with your unusual fascination with "...." ? They didn't teach sentences with periods and commas in your school? :)

Your question is really "can people make money trading"? Whether you trade out of a prop account or not is not the determining factor. Either you know how to trade or you don't. Either you have the work ethic and capital to figure it out or you don't. The majority of both prop and retail...

One thing to keep in mind is that some deals and types of firms are better suited to certain strategies. For example some of these no money up firms let you trade at their cost, which is pennies per trade. Not per share, per trade. So if you flip 30,000 share blocks of stock and pay under a...

Thanks for the regular posting and congrats on a good year.

There are two main kinds of stock prop firms. The ones where you put up no capital and the firm takes the risk, and the kind where you put up and risk your own money. In the former, they are going to be looking for a cut of your profits as well as make something on your commissions. In the...

Lightspeed and Hydratrade are both pretty similar to Anvil/Hammer and are solid and fast platforms. I'm with Tuco trading and they offer both (plus Sterling). PM me if you want any info about them. Corey

Your friend made the classic beginner's mistake of trading TOO MUCH SIZE. I don't even have to know his story to know this. Every newbie who starts from scratch and blows his account within a year is simply taking too much risk relative to his skill/knowledge level. There's no rule saying...

Is your goal then to develop a system with a 100% win rate? If not, how do you reconcile that with the above rule?

If you have a sizable position relative to the average volume of the stock, you can expect there to be a cost to moc. 10 cents on a $60 stock is not uncommon. I execute dozens of moc orders almost every day and compare my pl right at the close with where things settle. 9/10 times it costs me...