this is funny. Now I see why are so many are managing others money or doing seminars, books etc. It will bring in the "bacon" !! Larry Williams...
Cesko, Its' great to see you cheerful optimists !!!! My deffinition of a pessimist = optimist with experience Cheers
zentrader, Maybe so but I have read "Niederhoffer's" book and it reads like a doctoral thesis. True he has blown out of the market but I value...
Add to this should be mentioned "frequency of bets" most pro horse players may bet once a months or a week. Being very few pros who are actually...
Eugene, You may have misunderstood me. My post had nothing to do with daytrading versus Wall st pros. I firmly belive daytrading is a negative...
I have a family (a daughter ;-) I think the big mistake is to pursue this as a holly grail. Very few can be successful at short term trading....
I used to be a broker hence some experience with 'raising capital'. Answer - NO WAY ! The idea is this; those who have funds are tighter than...
I don't much like QQQ. If you daytrade it for 1-5 dollar move it's fine, but you will not be right that much.. For serious money check out rydex...
LLC's main goal is to generate the "juice", lot's of commissons from their traders. Obviously there are some exceptional guys who use them to...
I have re-read the initial post and I see it - he is talking about LLC's. Anyway my post stands as is. I don't honestly think you would have a...
It depends what kind of a firm are you taking about ? LLC's or a real prop firm like Bank of America Sec or Robbie Stevens (I am a west coaster...
First, even if you find such firm,(there are many off shore investment banks, Soros Fund is one of them....)you could be at odds with the IRS if...
not to sound too cynical - but what does this do for your P/L ??? How would you say ascertain if the noise increases in the SP pit which way is...
I am a long term commodities buff but have been out for a while from the "Ferrari" of the speculation while me and a few million others were...
Could it be that they are NOT a broker/dealer firm ??? I hate to put words into Barron's mouth but it seems a real possibility. LLC's are not...
Anyone know a decent newsletter or a spread service to follow ? The way I use the newsletter is to identify among the many the few I like to...
seriously, risk should be taken witd rewards. 5:1 margin is pissant compared to trade with say IB doing futures. IB is not insured but when you...
RTharp, Let me say this first, I am not opposed to LLC trading. I have done it way back before any of these firms aside from Bright were...
ok, so in the order entry can one enter sell or buy stops at the same time when entering the position ??? It would give a person some piece of...
I have done some homework. If the LLC is not with a deep pocket your 25K or whatever you put up is all at risk ! That's a fact. Folks have lost...
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