The prop firm will take both traders because profit is profit and beggars can't be choosers.
Hmm...must have been a recent development. I met them back in November and a Series 7 wasn't required.
As group leader, you are free to negotiate terms as you see fit. It has to be a mutual agreement between the group and your prop firm. Remember,...
At some firms, each seat has a minimum desk/software fee that needs to be covered. As a group leader, you will be responsible for these. They...
If the firm is a member of the CBOE, then no Series 7 is required to trade firm capital. Echo and World Trade Securities are set up this way.
The only strategy that works is to cut your losers and let your winners run.:cool:
Ha! Some of the guys on my desk set their special buy/sell keys for 1 dollar through the market. These are reserved for those special balls to...
Nice! Very similar to my layout except I use my left hand keys for buy orders and right hand keys for sell orders. To each his own!
If you're trend following, speed is not important. If you're scalping a fast moving stock, speed is everything. Obviously, you've never watched...
You have to map your orders to hot keys on your keyboard. Example: shift+L equals bid on ARCA, shift+S equals offer on ARCA, etc. It's like...
People that say scalping does not work have no clue. I can consistently scalp any fast moving stock. Today I traded GS exclusively for 100-300...
Video about a day in the life of an SMB trader http://www.youtube.com/watch?v=UbdzWfEzQ0I
A friend of mine completed the SMB program. He believes that they offer the most intensive training program for daytrading in the country. He's...
Same strategy employed by all the other day traders: Buy low/sell high and Sell high/buy low
I have spent the last year masquerading as a "Yes" man. I've studiously affected various obsequious mannerisms. I've stylishly adopted a...
For the last time, France only showed the Israelis the theoretical aspects of building a nuclear reactor. France only got the Israeli nuclear...
Again, an ounce of knowledge is dangerous for you. Does your history of US involvement in the Israeli nuclear program end in 1960? The...
France's involvement in Israel's nuclear program ended in 1962. Israel didn't field a nuclear warhead until the 1970s. And the delivery systems...
The United States enabled Israel to become the only nuclear power in the Middle East. With over 100 nuclear warheads, Israel ranks #6 right...
It's easy for the Israelis to posture around like the big kid on the block when they enjoy unlimited US backing. If Obama decides to cut the...
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