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Although it's true that student loans cannot be discharged through bankruptcy, just imagine what could happen if a massive flow of student loans started defaulting right before a Presidential election, perhaps causing another economic crisis. Student loan debt has topped $1 TRILLION and could...

The employee lock up is over, however YHOO still owns a huge 15% stake in BABA worth mega billions. It entered a one year lock up last September which expires on Sept 25th, 2015. It is unknown what YHOO plans to do with those shares when the huge lock up expires.

If every current Live trader was trading his own account with a proven track record, then why give up 50%? You have to compare opportunity cost. With TST, the haircut is 20% vs. Savius where it is 50%. Ok, so you want "extra profits with no extra exposure/risk." One is a live profitable...

It popped on the last earnings report on huge volume. Also, the 437 million employee shares lock-up has expired, and a lot of these shares have probably been absorbed by the market already, given the recent price action. As the op mentioned, that gap above $95 has not yet filled, and is acting...

What is the logic of attempting to "BYPASS the combine" for "people with a proven track record" and then give up FIFTY PERCENT OF YOUR PROFITS! Unless the profit payout is different than the 50% mentioned, or the leverage is much greater, why would a currently profitable futures trader enroll...

I noticed that your average hold time for winning trades far exceeds the average hold time for losing trades, which of course is a good sign of discipline, even if you had several days with more losing trades. The overall outcome was net positive after fees (despite the overall percentage...

Claiming "he grossly underperformed the market" while also claiming "every fund that has ever existed has been compared to a benchmark" is doublespeak. Mutual funds that try to mimic a benchmark are measured through quarterly results, and not over a 10 day period, so the comparison of a combine...

This one is the deal killer... "If the account at the end of a calendar month is profitable you will receive 50% of the net profit."

USO has decent volume and moves well with oil, as long as you don't mind receiving a K-1 statement and doing the extra paperwork during tax time (and this applies for IRA's as well).

If they "make money on commissions" then ask them how they are exempt from broker/dealer registration requirements. They claim they accept foreign investors, so perhaps they are operating offshore. According to the SEC: "6. Foreign Broker-Dealer Exemption (Rule 15a-6) The SEC generally uses...

The "Bulls On Wall Street" has savvy marketing, that's for sure. However, my guess is there is some type of education/course required, and that is where they make their up front money. It's very doubtful that a hedge fund is simply going to hand anyone "up to $250k" without a live performance...

It depends on your capital, your strategy, and whether you are currently daytrading or holding overnight. Most Series 56 props won't allow for overnights, it's strictly intraday.

Actually, they do take your word for it, since you have to sign a form with the exchanges indicating if you're pro or not. However, the basic criteria is if you're a registered member with an exchange. Once you leave a prop firm and obtain your "U5" in the mail, you are no longer registered...

Yes, once you get your "U5" form in the mail, you are no longer considered a "professional trader" and hence you can indeed "easily switch back to non-pro." It doesn't matter if you have a Series 56 license, since the license would remain dormant until you either joined another prop firm, or...

Beware of the leveraged ETF/ETN instruments. Here's a paragraph from the prospectus: "The ETNs are intended to be daily trading tools for sophisticated investors to manage daily trading risks. They are designed to achieve their stated investment objectives on a daily basis, but their...

You cannot take "all thoughts and emotions out of the equation" when you daytrade equities, unless you can write code and use an algo program, such as what some of the hedge funds use to buy and sell stocks. However, the algo is only as good as the programmer, so the program has to adapt to a...

Here are a few links you may find useful: http://www.investopedia.com/articles/financialcareers/07/securities_licenses.asp http://www.ria-compliance.com/ http://www.ria-compliance-consultants.com/faq_investment_advisor_registration.html

From just a cursory overview of your post, there are several flaws: 1. You cannot collect performance fees unless your investors are 'accredited'. 2. You cannot go short SPY if you manage an IRA account, since you cannot short sell in an IRA, and many retirees who provide you with capital are...

The majority of traders seem to get funded by trading CL, given that it's "jumpy" and thus more volatile than other instruments. I tried NQ on a prior combine however I felt it was jumpy as well, although the action is probably more "coherent enough" now that AAPL is not as volatile after the 7...

Agreed, employees who add to their 401k plans every two weeks are also the ones who "buy the dip" which of course becomes part of the volume. I was specifically referring to the climactic volume bars we often see during the correction, where a heavily traded ETF such as SPY will trade multiple...