Day Trading under $25k...
- Thread starter nyc-hotshot
- Start date
All you do is antagonize people on here.
Who cares how much commission others pay.....
As long you feel you are getting a decent deal.
You are abusing this board ALL weekend with nonsense.
Must you always have the final word?
Are you an expert on every PROP firm?
I thought you were normal at first, but after reading your last 10 BULLSHIT posts.........you really need help.
NOBODY gives a SHIT about what commission you pay on bullets or who is lying about what they pay.
You have not added ONE constructive post on here.....EVER.
GET A LIFE.
Your good friend,
ebo
now theres some good advice
Lol,
Ebo are you up to your tricks again?
Michael B.
Samuri, don't take him seriosly, he prolly is a nice guy. He just haves his fun at ET.
Ebo are you up to your tricks again?
Michael B.
Samuri, don't take him seriosly, he prolly is a nice guy. He just haves his fun at ET.
And how much money have you lost?
Michae B.
Michae B.
I don't take him serious, I really don't care, but I found his post and couldn't resist putting it up
thought maybe he would take his own advice, since nobody else does
lol, I post and you answer it 5 minutes later. I guess that proves my point about you having nothing better to do.
Also what's the big deal about it being Jamaica, is that any better or worse than any other foreign (non-US) country in the world. I have to wonder are you specifically prejudice against the people of Jamaica or are you just prejudice in general?
Take your own advice ebo (btw, that post is great samauri), try to offer something worthwhile to the discussion and not just be a useless negative troll on the board.
I believe I was the first here to say I would try them out. I finally got some time today to read the thread after the market close today so here are my findings...
1. The transfer and setup on the software took about 3 days to be completed. I am not sure how they were able to transfer so quickly from another firm to them because usually that takes longer than a wire. I think it was because they do have some deal with SpeedTrader. Otherwise how are they able to offer the same package as RealFast, SpeedTrader and Alldaytrader.
2. As I mentioned before, I was using the same software through SpeedTrader. I didn't notice a difference in the software performance. In fact I didn't have to install a new software.
3. They sent me an e-mail with my username and password and I was able to start trading that day.
4. I notice that the software does not show overnight buying power. But when I called the support desk, Karen told me that even though it doesn't load it, I still have it. Their system doesn't load overnight buying power to the software but I just needed to divide my daytrading buying power by 2 and never go over that amount at the end of the day. I actually only held a position once overnight but I sold it the next day. The buying power on that trade was not updated. I had the same buying power that I started the day with. I sent them an internal message in the software, and they responded that it will be updated tomorrow and that buying power is not release for overnight position until the next day. But I am still able to trade with what I have. So I haven't been holding overnight positions because I want to use the full buying power. But that was the same as when I was at Speedtrader. The difference is that I can trade as many times as I want during the day and I still have the same buying power I started the day with. Speedtrader would take away my buying power so I would only daytrade 3 days out of the week. That is why I switched.
It is still really too soon to tell whether they are better than my last firm but so far I am pretty satisfied with how things are going.
I would suggest that if anyone still have doubts about whether they are legit, then perhaps you should take a trip down to Jamaica and check out their operation and bring me back a Red Stripe. I hear it is pretty good if you like beer.
TB
1. The transfer and setup on the software took about 3 days to be completed. I am not sure how they were able to transfer so quickly from another firm to them because usually that takes longer than a wire. I think it was because they do have some deal with SpeedTrader. Otherwise how are they able to offer the same package as RealFast, SpeedTrader and Alldaytrader.
2. As I mentioned before, I was using the same software through SpeedTrader. I didn't notice a difference in the software performance. In fact I didn't have to install a new software.
3. They sent me an e-mail with my username and password and I was able to start trading that day.
4. I notice that the software does not show overnight buying power. But when I called the support desk, Karen told me that even though it doesn't load it, I still have it. Their system doesn't load overnight buying power to the software but I just needed to divide my daytrading buying power by 2 and never go over that amount at the end of the day. I actually only held a position once overnight but I sold it the next day. The buying power on that trade was not updated. I had the same buying power that I started the day with. I sent them an internal message in the software, and they responded that it will be updated tomorrow and that buying power is not release for overnight position until the next day. But I am still able to trade with what I have. So I haven't been holding overnight positions because I want to use the full buying power. But that was the same as when I was at Speedtrader. The difference is that I can trade as many times as I want during the day and I still have the same buying power I started the day with. Speedtrader would take away my buying power so I would only daytrade 3 days out of the week. That is why I switched.
It is still really too soon to tell whether they are better than my last firm but so far I am pretty satisfied with how things are going.
I would suggest that if anyone still have doubts about whether they are legit, then perhaps you should take a trip down to Jamaica and check out their operation and bring me back a Red Stripe. I hear it is pretty good if you like beer.
TB
Can anyone tell me anything about trading LLC's in general?Pro's and Con's. Someone I know trades out of one and seems to like it but I would like to hear what others think before I leap.
The rates seem ok in the (.0065 range) but there's a monthly SSL charge ($99) which is a pass through. I believe the $25K is in effect because they cater to high volume (1-2 million shares/ month) but I've heard of others may not.
The rates seem ok in the (.0065 range) but there's a monthly SSL charge ($99) which is a pass through. I believe the $25K is in effect because they cater to high volume (1-2 million shares/ month) but I've heard of others may not.