Futures :: Forex Trading

Scale Trading Broker

When I attended Robert Wiest's seminar last month, (I guess I forgot to write about it)

I met a couple of the futures brokers that he uses for scale trading.

I got the contact information from 3 of them, but now since I didn't get published on here I am not exactly sure where it is.

Anyway, I contacted one of the brokers I met at the seminar:

Jim Byrne
800-250-3450

http://www.byrneinvest.com


I have sent him 7 or 8 emails asking some questions,

and he has answered everyone very promptly, (I really hate brokers who will not respond to an email, since I use email more than I do the phone, it's important to me).

One of the questions I asked him was who he clears his trades through, the answer was:

"Our clearinghouse is R. J. O'Brien. They are the largest independent
clearinghouse in the United States."

I am probably going to open an account with them soon, because Jim also scale trades for his own account, so he understands scale trading and has been doing it for quite a while.

He follows the American Scale Trader Newsletter, but also has some ideas of his own based on his own experience trading.

I was thinking it could be helpful to see how he was trading and what he thought was more or less risky that what the newsletter publishes.

Friday, October 05, 2007