On the IB friends and family account you can setup management fees, etc that will be transferred directly from their accounts to yours.
Sure they will all get something, each one will probably get a nice pork project added on to a tax payer funded bill. Obama's cronies already...
The guys who have traded and been succesful for years have earned respect but I also respect a guy like this who says "you know what, i've had...
IB can set you up with an account to do this. Basically you trade and it allocates a portion of each trade into each persons portfolio.
Long stocks and calls at this point. Ready to trade whatever the next big move is. Will cut losses if we break support and take some profits on...
Thats good then, sounds like your strategy is scalable. Still, go the friends/family route. If you do well they will tell friends, who will tell...
lol calm down trading god....you still live with your parents and you've had two good months, don't get ahead of yourself!
You might want to reach out to family and friends and get your AUM up as high as possible, do that for a couple years and then get the audit and...
TA doesn't work in this market. Just try to trade with the trend, it seems to blast right through any support/ resistance.
Get this- cheaper and easier. works great. http://www.usb2dvi.com/
They trade with hundreds of brokerages, obviously all of the big banks and many specialty shops so that they can get access to their...
Great they are going to ruin it. I bet it's about as good as American Psycho 2. You can't have a sequel to a movie like that.
He day trades stocks and the emini in big size. He has an army of portfolio managers and analysts who trade their own accounts funded with his...
I'm pretty sure Paulson was forced to sell his GS shares when he took his current post. Lehman and BSC were both badly managed and were...
Stay in school, open an IB account and start trading small. If you are profitable or manage to break even then give it a shot with a prop firm...
People were retarded last week, they actually thought Goldman and MS were going to go under. MS is up ~300% from where it was last week. No more...
SAC doesn't get any kind of special info, they get the same research as everyone else. They are privvy to more flow because they can and will...
People seem to think he is some kind of market god. He is a great trader but even with all his analysts and research he doesn't have a crystal...
What does "doing things on the side" mean? Delivering pizzas until the new bull market starts?
hahah great stuff, here is another site I stumbled onto...tons of them here! http://sadguysontradingfloors.tumblr.com/
Separate names with a comma.