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Thank you so much for the insightful information. I guess now my question is, which prop firm will I be able to learn the most from. I really want to learn the ins and outs, and not just get thrown around.

I am looking to apply to a legitamite/ real prop shop in either NYC or Chicago. I have done some research on a few firms- but would like to see overall what the collective thinks. I am a recent graduate with no real trading experience. Thanks for the help.

ahh I feel stupid. Should have known that!. Why was I thinking the S&P!

Sorry I wasn't very clear. I have positions in Faz. I meant why is it down 9% when it should be down 3-4%

Hi guys, I know ETF's have been mistaken by many investors, and apparently myself included. My questions is to why the SP is up 1 % but the FAZ ETF is down 9% today. Shouldn't it be 3-4%. Just a little curious to how this really works. Thank you.

Just got off the phone with a few more clueless "brokers". 1). Apparently there was never an order executed so they could not route it to a specific exchange 2). Apparently the margin changed from 50% 100% at the time for TIVO aka meaning I could not borrow any additional funds beyond...

Thank you very much Leed for the tip!. I have been lurking on this site for quite a while and it seems everyone on here is knowledgeable somewhat. Who do I claim this compensation too? It seems like the supervisor said there is nothing they were able to do. I was with Scottrade and...

Hi guys, I was hoping someone could tell me if I am right or wrong in this situation. I am still a little pissed off about what happen. Earlier this morning I log into E-trade and had plan on shorting TIVO. I set aside $7,000 cash for this and $14,000 in margin able securities. The...

Hi guys, I am new to the futures market and have been lurking on this site for quite a while. What is the minimum it would take to start trading 5-10 future contracts of gold. 1 contract = the spot correct ? ($ 1230-1240 on 5/13) I am a bit confused with the initial deposit/...