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Wall St i-banking must be the most backward anti-modern work/life balance and just unsustainable. But where else can 29 year olds can make $500K. "In 2014, Thomas moved to Moelis, which he figured would be more prestigious and less bureaucratic than Citigroup. He was hired in May and promoted...

Just a status update for all my friends here on ET. Yes, I opened an IB account BUT I still kept my Robinhood. The reason is that I saw that my P&L on swing trading(Robinhood) was SIGNIFICANTLY larger than my daytrading PL at IB. The good news, however, is that my daytrading HAS improved. I've...

Got it! Robinhood doesn't offer margin acct yet.

What do you mean T+3 settlement is related to 25K?!!! I have SIGNIFICANTLY more than $25K in that account and they still make me wait for T+3!! So, is that illegal then? Cuz if they are supposed to settle faster than T+3 if you have more than $25K and they are making me wait then I want a class...

I believe this CIS story. The guy sounds pretty legit. His thinking is very good trader thinking. Now, I'm nowhere near his level, but I did short and covered near the bottom. I was thinking about reversing and going long, but I didn't for a lot of stupid reasons. So, it's not unreasonable for...

It's official. I'm switch to IB! I mean I already have IB on my IRA. But I'll open a full margin account on IB. Today, I got FCKed by Robinhood. The app froze while I was getting out of my trades(albeit they were highly profitable). I'm up 4.64% instead of 7.81% had the app didn't freeze on me...

fck Robinhood! The app is froze. I guess too many orders! I can't get out my positions. I will shut this app down and go to IB! It can't handle this kind of high stress day.

Robinhood is legit. I use them to actively trade equities. I have a nontrivial amount of capital on their platform. Very easy to use. It's more for swing and position trading than daytrading. I can't imagine daytrading through their mobile app. Though to be honest, I have daytrade a few times on...

This has been an AMAZING week for me! I hope I can keep this up! I'm beginning to realize if you are good at something just continue to stick to it and improve that. Why was I considering prop trading and daytrading when I had little to show for ? While on my swing trading PA, I'm making new...

why do you think I"m gambling? I'm making consistent profits on my swing trading that are pretty sizable. It's daytrading that's hard to master. Luckily, I'm only doing it on sim until I get profitable with intraday. Today was another HUGE up day on my swing account. Swing trading is almost...

Another huge up day on my swing trading account. Intraday test account: Better today. But something is still off!!! Short MRK: $205 Short DIS: $187 Short FOXA: $23 Short TWX: $7 ============== Total(after IB's comms): $422 Still can't break $1K/day on intraday trading. This is even on a test...

countercountertrend, JesseJamesFinn et al: Today was a really good day for my swing trading account. Because I had to work from home a few hours in the morning, I daytrade on my test IB account. The results were lukewarm(slightly negative). This is so DISAPPOINTING. On a day like this, I...

New Highs in my PA!! woohoo! Yet, the same problem. I wanted to buy more, but can't. Actually, I have some excess capital but I'm waiting for it to be settled (T+3). Damn Robinhood. hehe

No need to apologize. You've been very courtesy and polite and professional. I feel, rightfully or not, that I could make 7 figures given the right environment. Called that overconfidence or what not. But I don't want to make the leap from nice paying corporate world into no salary prop...

countercountertrend, Thank you for your thoughtful and detailed response. As I've said before, I have DONE the prop shop route before back in 2001-2003. If I remember correctly, I was with ProTrader, Worldco, and EchoTrade. So, I know how that world works unless it has changed significantly...

You do have a good point. Giving up 20% profits for substantially greater profits is not a bad trade if the new setup allows me significantly more capital and help me improve my trading skills. The big question is if that's possible. As you pointed out, most of my most profitable trades have...

That's why I said earlier that Maverick has "convinced" me NOT to go prop. The only reason why I might consider if it allows me to play with 7 figure capital. If that's possible then great.

Duh. Try to be a smart-ass huh?haha. It seem ssucha generic name. Anyhow, I found their website: http://www.globalmarkettrading.ca/#!about And I quote: "We serve in-house and remote traders from Canada and everywhere else in the world(the only exception being the United States)." So much...

Another day of intraday trading testing. GOOG P&L: $326. Sold 300 shares at 656.69. Covered 655.58 and 655.56 CMG P&L: $189 200 shares @ 740.55. Covered at 739.69 and 739.56 BABA: $297 (worst trade). It's not the money, it's the trading habit. I had good spots that I should have covered my...

what's their website? I tried googling it and I couldn't find it.