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I guess prop trading in futures is not very popular. I had the same question and wanted to know if there are prop shops that'll back futures trading. I'm willing to put up some risk capital in the 50k-100k range. Any suggestions will be greatly appreciated.

I have it but it's not that great. I'm not sure if it's the problem on the Scottrade's side or DJ news just doesn't cover a whole lot comparing to Reuters or Bloomberg. Thanks anyway, though.

Well, sort of. I'm not interested in any free trials from a news vendor, but I am willing to maintain some sort of account minimum (no more than $5k though) at a discount broker just so that I may get free streaming news. It may be too much to ask but I thought I'd give it a try here at Elite...

I was looking to trade stocks only and IB offers $3.5/1000 unbundled for monthly volumes less than 300,000. I'm not instigating a fight here but can you and Longhorns be more specific as of what part of my previous post wasn't true? Can either firms be IB's deal for that kind of volume...

I called both firms and they all required you to trade millions of shares to get lower rates. Any other suggestions? BTW, both Genesis and Assent are day trading firms.

IB's unbunddled rates are pretty low for a retail firm. Does anyone know of any other firm(s) with even lower commissions. No day trading firms please.

Maybe a crazy idea but I don't want to have tons of charts open on my desktop. Just wondering if I could cycle thru a predefined list of ticker symbols with eSignal. Kinda like a slide show.

Thanks, Brandon12. So the 15% FICA takes away any incentive to mark the gains as earned income.

For years I've been filing Schedule E and have not put away any tax defered dollars into an retirment account. Now I'm questioning this practice suggested by my accountant. Strictly speaking, we prop traders trade other people's money although we do have some capital of a notional amount at...

That's why I didn't want to use theirs. I have already been using eSignal for several years and I wanted to try their API. May be a stupid move though.

Thanks. That's what I was afraid of. I already have a 3rd party scanning software running on my desktop but it has so many features I don't need and does not have exactly what I need. I'll go ahead with the project for now though. Not sure how long I can bear with it. May have to abandon it...

I'm thinking of writing my own software to scan a list of 500 stocks with data feeds from eSignal. I'm a daytrader so I look at tick data rather than 10, 15 minute or longer time frames. Has anyone done it or tried to do it? Any suggestions are greatly appreciated.

Tried to download intraday tape from eSignal into Excel. Need help on how to do it automatically from a list of ticker symbols. I'd like to download about 300 stocks a night. Any help is greatly appreciated. P.S. eSignal's tech support has not been very helpful.

Good money management may make a bad system workable and a good system great. Regarding blowups, too many traders pressed too hard on things that just looked fantanstic. If you normally trade 500 share lots, 1000 or 1500 shares should be your absolute size limit. If you can comfortably...

I've been a prop trader for over 7 years. I haven't had a down week since Aug 2000 and haven't had a down day since Aug 15, 2005 (yes, almost 15 months ago). And I trade about 4 million shares a month. I started at Worldco and was making great money even though I was getting ripped off...

Just curious about all the free workshops offered out there. Did anyone attend any of them? How were they? What companies do you know that offer trading seminars?

The prop firm I'm with just announced the new fee and they are passing it along to all traders. Now I'm a little confused about the old fee schedule since nothing was said about that. Did prop firms pay some sort of fees according to a variable schedule before and now they are using this new...

I may be a little too ambitious or stupid, but I wanted to write my own fitlers from scratch. I currently subscribe to eSignal. Any suggestions on how to go about it. I want to scan time and sales intraday and do some mathematical manipulation to the data scanned. I just wanted to get some...

I've been day trading for almost 7 years now and I have never met a consistently profitable trader who doesn't scalp. I myself make over 300 trades a day with about 250,000 shares. I don't make a lot of money but I make more than most people (traders included). Currently I'm running a gross...

Right on. I've been a proprietary day trader for over 5 years now and I have seen people come and go. Ones that played big right away because they wanted to make it big all failed quickly and completely. I never paper traded and I don't know any successful traders that started off by paper...