Recent content by trade2eat

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    Trainee trader at prop shop/trading arcade

    3 to 6 months seems like a long time to have you training. It's not cheap (lot of overhead) to have you in the office not earning money for the firm, so 2-3 months max would be more likely as to your "training" period. Going in with no capital will mean a ****ty deal for you- 50/50 is...
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    Help with Direct Access Broker!

    How many shares do you trade a month? Was 4 to 1 margin enough buying power for you to trade your system? If not, going through a prop firm is probably your best bet if the margin was an issue. They will give you 10-20 to 1 if you put 3-5k down. You will have to trade a decent amount of...
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    How to get the absolute fastest trade execution?

    To have a dedicated T1 line to a datacenter it will cost around $700 a month. You will need to go through a prop firm if you're putting up less than $25k. Otherwise, just look for broker/dealers that cater to daytraders and has good software and discuss getting a dedicated line with them. I...
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    How to get the absolute fastest trade execution?

    There are a number of fast software platforms out there. For nasdaq, I have found lightspeed to be the fastest for me in terms of execution speed and quotes/time and sales data. I am currently using it from a prop firm office with a direct T1 line connection to their datacenter. For remote...
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