Search results

Ok, time for a bump. There's a new shop in town called OSTC, and they claim to be one of the world's leading providers of liquidity. I think Richard Audet is the manager's name. I've never heard of them before, so would anyone here like to chime in? Thanks!

Ah, I see what you're getting at now. Ok, well, I got into investments about 6 years ago when I was 19 and did stocks back then with a value-investor's mindset and did proper research on companies. But after learning more about the whole market game I started thinking that was a load of...

If I had my way, then I've lost all the money I need to learn. But since that's likely not the case, then as little as possible. I always keep risk management very tight and disciplined if that's what you mean. I used to spend all my free time at it, but I can't really do that as much these...

Anything and everything, lol. I haven't really developed a style yet, so I'm wide open. Most of my exp. is in options and currencies, though. Only chart watching as well, no order flow stuff like level 2, etc. So long as it makes money, I don't care what I trade.

Good Lord... Newbie's mistakes all over the place. College is not about whatever it is they teach, it's about a piece of paper you can fall back on if things go sour. You don't have that. You say you started trading back in Feb., so basically you have a couple month's exp. and that's it...

I am once again on the lookout for firms, though I might as well add that anything anywhere that is legit and has people who know what they're doing is good enough for me. Forget about trading, I really just want to meet/get to know people who know what's what. That said, I've been looking...

^ For reference, this is me: And I can honestly tell you that getting a mentor is invaluable. They are out there. I found mine, and he has been a Godsend. If you don't want to potentially wander around aimlessly for 5+ years, then get started now if you haven't already. With a mentor, I'd...

My experience with them (Canadian version of WTS) is that they're legit. Their model is to pass on fees to you while minimizing overhead. They have their own firm strat, so you won't be using your own. I think the hate stems from specific US divisions or something. I don't think they're bad...

^ Postponed until September for the most part. Thanks for asking, though. I figured I'd best accumulate capital over the summer, then give prop a shot in the fall. In the meantime I can get peripheral info on the firms around here, though I'm a bit edgy about going for interviews since I...

^ Most of it HFT, though. Robots be killin' the market.

^ That's a hell of a lot of money, though. I don't think I'll be at the level where paying $1k a month for platform is chicken feed for a good while yet... But anyway, thanks for the suggestion. Keep e'm coming!

Wow, thanks guys! Lots of help in a short period of time. I checked out those deepdiscount guys, and they've got a pretty shitty website, lol. I like that, though; it implies they're cost-conscious. I'd have gone with Interactive Brokers, but those guys want you to have a $10k deposit and...

About $6k. Cheaper than most, if the above comments are anything to go by.

Thanks. I'll check e'm out. And yeah, stupid regulations are limiting choices. I'm sure there's a good deal out there.

Hmm... I disagree as I've observed these traders, but will not dispute the point since the pit has indeed been shrinking, and so have the number of props. I'll take you at your word. In that case, would you say that retail trading is headed the way of the dodo, and we should quit early before...

So what about the guys in the pits or prop firms looking at a DoM/Level II/etc.? I know several traders who have been consistently profitable using these.

Hello all, I am looking for a good Canadian futures broker. Low commissions, platform support, etc., the works. The problem with Canada, it seems, is that we're limited in our choice of brokers for regulatory reasons or something, so I'm having a bit of a hard time finding something good...

No, I wasn't there for the start of that bull, but I did witness some of the '08/'09 action though I wasn't yet trading back then. This past August/September was quite delicious, however. Are you saying the market should pick back up in due time? I sure hope so...

I hate HFT. They're killing the volatility and turning away market participants. You just don't get the same moves these days as you did just a couple years ago. You guys are correct in their mechanical function, but forgetting one thing: they have access to front-running quotes. Get rid of...

I always did figure trading was about subtraction.