Showing posts with label Daytrading. Show all posts
Showing posts with label Daytrading. Show all posts

Monday, August 25, 2008

Proprietary Trading Firms

Proprietary Trading Firms


Listing of Proprietary Trading Firms.




Professional Firms

This is the list I can gather of professional firms. I might be missing a few. Feel free to comment if you wish to suggest one. Also please comment if you find a dead link.

This list is in no way a recommendation of any of the firms listed below. It is just for
educational purposes only of proprietary and professional firms.

Saturday, August 23, 2008

The Advantages and Disadvantages of Daytrading

Advantages

Many opportunities each day.
Trading can be very exciting and stimulating
If you have an expectancy of .50 or more you may never have a losing month or even week.
No overnight risk.
High probability entry systems
There is always another opportunity

Disadvantages
High transaction costs compared to longer term systems
excitement has nothing to do with making money
profits are limited by time
Data costs are high
scanning costs are high.
Lots of systems with high probability entries also have losses bigger than the gains
Short term systems can be subject to random noise in the markets
Short term psychological pressure can be intensive.