If I showed up in Chicago tomorrow

Quote from goandrewgo:

to the OP:


4 months ago i left all of my friends and family back home and flew into la guardia airport in NYC to pursue my goal of financial freedom. when i landed i didn't have a place to sleep for the night, i didn't have a job, i didn't even have a cellphone. all i had was the two bags of clothes, a little bit of money to get me started, and my ambition to succeed in the big city (i come from a small town).

the first thing i did when i got off the plane was look in my guidebook for a hostel dorm bed to sleep in for the night. i showed up at the hostel and booked 3 nights, my goal was to find a permanent room to rent within 3 nights. after checking into the hostel i purchased a cell phone.

lucky (or unlucky) for me i was able to find a room to rent in uptown manhattan (harlem) for $650/month everything included, even internet. i'm still here as i post this.

after applying to what must have been 20+ restaurants for a job i was fortunate to find a job as a busser in a busy restaurant in times square within two weeks of moving to NYC. the money wasn't great BUT i was able to save a little money by living frugally.

fast forward a couple months, i finally settled into my apartment and secured my job in the restaurant with steady hours and income. i browsed craigslist (also how i found my restaurant job) for trading jobs in NYC and i came across a prop firm located on wall st. that was aggressively recruiting new traders (they still are). i went in for an interview and was offered a chance to trade on a demo acct with them. i traded demo with them for 2 weeks then decided to leave because i wanted to trade futures while they wanted new traders to trade equities. i don't have $25,000 to become a pattern day trader. i want to daytrade and not swing trade. there is no minimum account balance required for high frequency futures/forex daytraders which is what attracted me to both. also, i didn't like the idea of them taking hefty commissions of my profits.

so i left the prop firm on wall st. a few weeks ago and have been demo trading the e mini s&p 500 contract at home for a few weeks with the new computer i bought recently.

also, last sunday i quit the restaurant and i am in the process of opening up my live account. just as i took a leap of faith moving here to NYC i'm also taking another leap by quitting my steady income producing restaurant job and trying to make a living day trading futures.



"Twenty years from now you will be more disappointed by the things that you didn't do than by the ones you did so. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover." - Mark Twain

kudos to you! you make me envious! ah to be young and single again!
 
Quote from bone:

Having traded on a Full and a GIM at the CBOT back in the 90's, and knowing several traders who are still down there making markets, I can assure you there is no easy money to be had on the floors.

The fact of the matter is that no matter where Crakboy goes, he needs a viable strategy. Maybe it's an arbitrage, maybe it's a spread, maybe he is trying to pick off floor broker paper based upon the screen, maybe he buys hookers and blow for any floor broker willing to blow out his customers - who knows, but he's looking for a 'chop shop' and cheap rent because what once worked in NYC will work in Chicago, perhaps he reasons?

You do have to pay for that rent with a viable income-producing strategy, and since this is ET and he started the post he should grace us with a bit more detail on his trading strategy.

dude this kid is looking for some insight and once again you are being a dick. -------- I was there in the notes in the 90s too
and Im sure if i if i knew your name I would laugh my ass off ---spreadprofessor---gimme a break--- is jamin your idol? Id bet couldnt trade your way out of a bag / let alone scale NOB on the spot and i bet thats why you are whoring yourself here. btw nice website- LOL
 
I just arrived in Chicago to start my CTA. Great city, many office spaces available for cheap, they are offering up to four months of free rent.

I lived in New York city for a year, no comparison you get much more for the money you spend.

Until now I love the city but I did not see the winter yet.
 
Hello,

I hope this isn't too much off thread, I looked at the list of prop trading firms mentioned earlier. I'm wondering if anyone has a similar list but for shops/firms in London? (perhaps it takes a different format over here?).

Thanks,

dT
 
Kudos. THIS is what it takes to be a great trader, not an MBA from Harvard.

Hunger. Commitment. Drive.

FUCK Harvard.

Quote from goandrewgo:

to the OP:


4 months ago i left all of my friends and family back home and flew into la guardia airport in NYC to pursue my goal of financial freedom. when i landed i didn't have a place to sleep for the night, i didn't have a job, i didn't even have a cellphone. all i had was the two bags of clothes, a little bit of money to get me started, and my ambition to succeed in the big city (i come from a small town).

the first thing i did when i got off the plane was look in my guidebook for a hostel dorm bed to sleep in for the night. i showed up at the hostel and booked 3 nights, my goal was to find a permanent room to rent within 3 nights. after checking into the hostel i purchased a cell phone.

lucky (or unlucky) for me i was able to find a room to rent in uptown manhattan (harlem) for $650/month everything included, even internet. i'm still here as i post this.

after applying to what must have been 20+ restaurants for a job i was fortunate to find a job as a busser in a busy restaurant in times square within two weeks of moving to NYC. the money wasn't great BUT i was able to save a little money by living frugally.

fast forward a couple months, i finally settled into my apartment and secured my job in the restaurant with steady hours and income. i browsed craigslist (also how i found my restaurant job) for trading jobs in NYC and i came across a prop firm located on wall st. that was aggressively recruiting new traders (they still are). i went in for an interview and was offered a chance to trade on a demo acct with them. i traded demo with them for 2 weeks then decided to leave because i wanted to trade futures while they wanted new traders to trade equities. i don't have $25,000 to become a pattern day trader. i want to daytrade and not swing trade. there is no minimum account balance required for high frequency futures/forex daytraders which is what attracted me to both. also, i didn't like the idea of them taking hefty commissions of my profits.

so i left the prop firm on wall st. a few weeks ago and have been demo trading the e mini s&p 500 contract at home for a few weeks with the new computer i bought recently.

also, last sunday i quit the restaurant and i am in the process of opening up my live account. just as i took a leap of faith moving here to NYC i'm also taking another leap by quitting my steady income producing restaurant job and trying to make a living day trading futures.



"Twenty years from now you will be more disappointed by the things that you didn't do than by the ones you did so. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover." - Mark Twain
 
Quote from goandrewgo:


also, last sunday i quit the restaurant and i am in the process of opening up my live account. just as i took a leap of faith moving here to NYC i'm also taking another leap by quitting my steady income producing restaurant job and trying to make a living day trading futures.

Is this a joke?

If not, you're headed back home with your tail between your legs. Well maybe not, I'm sure you'll find another restaurant gig and rent & the need to eat will hang over your head.

Quote from CQNC:

Kudos. THIS is what it takes to be a great trader, not an MBA from Harvard.

Hunger. Commitment. Drive.

FUCK Harvard.

The kid has no idea what he is doing and has no real plan, just a feeble idea. Why would you applaud that?
 
Quote from goandrewgo:

to the OP:

so i left the prop firm on wall st. a few weeks ago and have been demo trading the e mini s&p 500 contract at home for a few weeks with the new computer i bought recently.

also, last sunday i quit the restaurant and i am in the process of opening up my live account. just as i took a leap of faith moving here to NYC i'm also taking another leap by quitting my steady income producing restaurant job and trying to make a living day trading futures.

this makes about as much sense as 'I decided I didn't want to work for a living, so moved to Las Vegas, I decided to quit my job and am going make my fortune by betting on tendencies on the roulette wheel."
 
Quote from Hydroblunt:

Is this a joke?

If not, you're headed back home with your tail between your legs. Well maybe not, I'm sure you'll find another restaurant gig and rent & the need to eat will hang over your head.

The kid has no idea what he is doing and has no real plan, just a feeble idea. Why would you applaud that?

LOL. I just wanted to post FUCK Harvard.
 
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