Recent content by robbmickey

Most broker's policies is to exercise any option that is .05 in the money at options expiration to protect their interest in the shares. Before this rule, many new option traders would leave positions that were $10 in the money over expiration to find the broker did not exercise anything and...

Wow. I thought the USA was the land of scams but reading this thread it looks like the UK takes the cake. Keep up the good work everyone!

Part 2 that's some great points. I like to see prop as an alternative to retail trading for those who are willing to take the risk for the additional benefits. It does require experience and capital to be profitable. here is a great article on prop vs retail accounts: By: Adam Watson, V.P...

The Ambiguous Nature of Modern Prop Firms by John Knott Scour the the online forums and you will find countless threads asking what a prop firm is. Perusing the jobs boards and one will find endless listings of proprietary trading firms looking for high frequency traders. Even in the media...

Maverick Trading is setup as an LLC and all our traders are members with % ownership positions. At the end of the year we distribute firm earnings to each trader based on % ownership. Our traders are issued a K-1 at the end of the year. We trade with IB and do not mark-up any commissions and...

A guide a to Proprietary Trading Hi Everyone. Reading this thread makes me realize that many people don’t understand how proprietary trading works. I thought I would write a quick synopsis about the industry and help people looking into any proprietary trading firm to understand the business...

Our training is all done online. We record every session we do and we have probably over a 1000 hours of video available to our traders. We teach about 4-5 classes per week live in the market via webinar covering various topics based on what our traders need and current market conditions. You...

We recruit through many sources. We recruit through Career Builder, Monster.com, Craigslist and Albourne Village. We also recruit at the Trader Expos held several times per year. We just returned from the Dallas Trading Expo where several of our management team spoke on topics such as...

Hello Everyone, The lovely, anonymous internet strikes again. We encourage anyone looking into joining us to do their due diligence and make sure we are the right fit for them. However, posts from KrissKross make it difficult to do real research. We would hope that someone looking into the...

Don't you just love the anonymous internet! I am the current head trader of Maverick Trading and posts like this are always frustrating. We have been in business for over 14 years and have an A+ rating with the Better Business Bureau. We always try to give our traders everything they need to...