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Yes, I DO "get it." What was the "predefined pattern" that led you to believe AMZN would gap up 65 points? Did you make a comprehensive fundamental spreadsheet analysis based on earnings expectations that would justify the post-earnings valuation? In other words, what was your conviction to...

Damn! It's one thing to read that on a blog, but when it comes from the source, there's really no debate. I wonder if and when Nonko even responded to such allegations? Probably not. However I'm surprised that Nevis was lumped into the group.

Yes, the trader was leveraged with AMZN, holding 4,000 shares over an earnings report. VERY DANGEROUS as to the percentage of the portfolio. Sure, it worked with the gap in after hours. Gaps work BOTH ways, and with an earnings miss, he could have lost 20% or more of his account value...

Yes, it's quoted "in millions" so the actual number expressed is $476,381,000,000. Or to put it another way, FOUR HUNDRED SEVENTY SIX BILLION and change. It will be fun to watch when the margin loans get called.

EWZ is attempting to break out over 36. As posted earlier, if crude can hold the 55 level (which so far it has), then it's "off to the races" with EWZ. Yes, there are lot of bank stocks in the index, and PBR is still having trouble. However, it's the Olympics that are coming next summer, and...

Not sure why you think "DAS sucks" as I thought it was a decent platform when I traded on it awhile back. The user interface seemed quite simple, and hot keys were a breeze to set up. I agree with the op that your options are limited based on your criteria. And I highly doubt you can fund a...

If you're willing to get your Series 56 license, then you can start daytrading equities with a licensed prop firm. $10k should get you 200k of buying power, 100k minimum. However, I don't recommend equities unless you have a predetermined list of a handful of highly liquid and volatile stocks...

Yes, I'm aware of that. What I meant to write was Bright DOES break down the equity between owners (Class A) and traders (Class B) by the specific amount of capital. The other firms lump all their equity together as "members' equity" without breaking down the difference between owners' vs...

Bright still lists the Class A vs. Class B members, which is a key metric. The others do not, for whatever reason. However, if you want to "get a feel of the safe/less risky firms" then ask for the breakdown of members' equity by class. Class A members are the owners, the rest are either...

Yes, and that's why I've stated in the past on this very thread that passing the combine is "irrelevant" since the only way to get a check in the past was to make it to Senior Trader. Now they don't have the levels, but they still have the 10 day rule in the live account. If one can get past...

Look into lower cost brokers like MBtrading and Speedtrader that offer a per share price rather than per trade, and figure out which is better depending on your current strategy. SPY is the most liquid and volatile of all of the picks you mentioned. AAPL was a great daytrading stock with weekly...

Do you have the stats of how many people who open retail accounts with AMP, Mirus, IB will have a "higher probability of succeeding?" There is a cost for retail and TST, either you could bleed DOWN the equity on a retail account until you are consistently profitable, or pay TST combine fees...

Yes, and a lot more revenues for exam fees shared by the regulators and testing centers.

Although that's true, the same argument can be made for someone opening a retail account with a futures firm. Once you pass the combine AND make it through the first ten days in the live account, then it's up to the trader to get the "FAT" paycheck.

True, /CL doesn't trade according to the moves in XLE/OIH. USO is more representative of the crude futures contract, however as long as it's prop he won't get the separate K-1, the firm will. The OP was asking about why the miners don't synch with /GC. As you stated, GLD is more in line with...

Nevis Trading (Island of Nevis) is an offshore firm that advertises here. You can look into their terms of opening an account, however they do not accept U.S. citizens, so that's out if you are U.S. based. They use Sterling and Laser, according to their website. Suretrader (Bahamas) is an...

I doubt every trader that's funded reads these forums. You can ask TopStep how many they have funded so far this year. If you are on their email list, they will send you info when a trader gets funded, plus links to their interview. The bottom line is traders are being funded, it's just a...

Have you traded JNUG? It's the triple for the junior gold miners, and is volatile as hell. Check it out.

Well said regarding GLD/GDX/GDXJ. Regarding XOP and USO, after receiving a K-1 statement to my surprise for USO, I'll never trade it again, as it was a hassle during tax time, EVEN for IRA account! It's a master limited partnership, and they don't care even if you trade it in an IRA, you still...

This goes back to the debate with Sgt. Slotter. Although he was correct in stating that T3 is no longer breaking down members' equity by specific class, T3's financials for 2014 are out, and as predicted, it raised its total members' equity and its net capital. Total members' equity: $16.8...