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Thanks for that response gazelle You answered my question Aaron, thank you

Thanks guys, will do some more reading.

I am new to the futures game and i have a question, it may be a dumb one but i would apprecaite a response. From my understand a futures contract, say for wheat, gives the holder the obligation to buy an certian amount on wheat on the settlement date... so say when the settlement date...

Wow,"The problem is it takes most people on average 100k in losses to learn to trade" this surprised me.. i wasnt aware that it was 100k.. i knew several traders who do quite well and havent gone thorugh that much but you did say average so its possible. Thank you all for response. i will do...

Yes i have a strategy and iam fairly confident in the strategy that ihave. You say i need 25k, but usually with prop firms dont you get 10:1 margin+? so it shouldnt be a problem right? i've never used a prop firm before, ive only traded using other brokers . JP

Hi everyone I am looking for a prop firm in the USA with the following - i can trade from anywhere not just there office( do they have firms like these?) -and low capital contribution, whats the average per firm usually? - and decent payout rate please recommend some firms, thanks

The account is margin and cash, i can short equities with only my cash if i wanted right? b/c its a margin account. Thanks to all those who responded.

Thanks fletch, i apprecaite you taking the time to respond.

Lets say i deposit 10k and get 4:1 margin.. so have total 40k buying power. If i decide to buy 20k worth of stock ABC will i be charged interest for using thier 10k? and how do these interest rates work? daily charged? Another question can i not use the margin they provide and strictly...

No reason for switching over from swingtrade, i normally swing trade otcbb and pinks but sometimes its so slow so i was considering daytrading. Anyway thanks for your replies, i think i stick to what i know. Atleast for now

I am new to the daytrading scene, but i have been swing trading for 1 year or so now. I was looking to open an account to daytrade soon and was curious about a few things. I hope someone can clear these questions up for me. I was thinking i would strictly trade lot priced high volume stocks...