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The businesses are three restaurants. No real estate owned. Structured as 2 LLC's....I will form 3. As a consultant nothing will secure his money, but I'd be willing to sign any contract his lawyer could draw up that would be fair to him. As well, his son is staying on to work for me, and...

I really appreciate the response. There are going to be plenty of cpa's and lawyers involved when the contract is drawn up...right now we're just trying to figure out what options we have to structure the deal. His tax rate may or may not be 15% of the 1099 figure, depending on his other...

Hi all. I'd appreciate some knowledgeable responses here! I am getting ready to buy a business. The seller's asking price is 600k, he wants 300k down and he's willing to finance the other 300k for 7yrs with no interest (about 43k/yr). The seller is using a business broker who's...

I see...thanks a lot for the info. I found an email address for them online and requested info...hopefully I'll hear something back. No traders already in Italy that want to share an office??

Can you make some people answer my thread about an office in Italy? j/k Unless you can.

LOL you're making a market! Nothing wrong with that! And you're in Chi and you phrased it right so you must be from the pits.

Hello fellows, I am an order book scalper/CME member, I've been either a backed or independent trader since college (5 yrs, age 28 now). I specialize in interest rate futures/spreads but have had experience in equities as well. I have been fortunate to learn from great mentors and have...

Yep exactly. Granted there's less volume in the pits these days, which naturally means less opportunity....but in a busy pit locals can kill it. The business is just moving away from the pits. But in a busy pit, a good local can make ridiculous money. But regardless, alot of guys are...

Hmm. Before I saw this post I went out and bought a Nvidia 210 graphics card....hoping to run it along w/ the Nvidia card I already have. I did try using the card I had w/ two monitors through windows w/ properties - settings etc but another monitor to extend the desktop to didn't appear...

How about this solution: The T3400 came w/ a Nvidia card, but it doesn't support 2 monitors, except as a clone. If I add another Nvidia card in a PCI slot behind the original (having two cards)....I think I should be able to use both cards ...and 3 monitors. I think this can be...

When will MFglobal be added? I don't want to miss the one week window to sign up. Thanks.

You guys that are asking if he can 'keep up' w/ everything going on on the floor probably are just not used to that style of trading...i.e. true higher volume scalping and market making. You're probably able to understand what he's saying but not getting a picture of what it means, why its...

That last guy described it well. Worth noting auctions may see more volatility as the fed stops buying treasuries. Only 3bl left to buy I believe.

In the pit you don't use the handle. So assume this is what you see on your screen: 908.0 (bid) 1000 qty on the bid ....908.25 offer...200 lot The guy on the squawk box is saying "8 even bid.... 8.25's offered" Or could say " Eight at eight quarter" meaning the same. If the price...

Hi, I borrowed a fairly bare bones dell T3400 workstation from my office, had been used sparingly. Unfortunately it doesn't seem to support multiple monitors and thats what I need. So, I need to get another video card....I'd like to have four monitors, if I can only get two I'll make...

I use a T1, I'm a high volume futures scalper. I've only been using the line since I moved to a new location, before had a 20meg direct pipe. To be honest, I haven't felt any different than w/ the direct line, knock on wood....except for one exceptionally high volume day and out of, maybe...

The way I've always done it is I keep X amount in my trading account as a capital cushion....I cut a check each month (usually after the employment number because the amount can change dramatically.) I just cut whatever I made and leave the cushion. If I don't need a check or want to keep more...

I traded in an office for the past 3 or so years just recently began trading at home. Traded first in an office w/ about 30 traders, then a smaller office w/ 3 other guys. Depends on the traders. If its a smaller office w/ good traders, healthy competition and a lot of informative talk...

not to discourage, really...but here is my opinion: There's a reason almost all good scalpers start w/ a prop firm or backed in some other way....its an edge that is possible for many people to learn profitably, but the barriers to entry are huge....i.e. fees, start up costs, and being able...

it was a total comic book but that doesn't mean it wasn't entertaining. The ad's were cool. For awhile each issue they profiled a private island that was for sale. Top 30 under 30 was worth skimming. I guess now that their done I won't make the cut these next few years hehe.