Day Trading & Swing Trading Strategies and Trading Systems = Pro Trading Systems

No. Pro Trading Systems, Inc. is a trading software development company. Through our affiliation with Golden Beneficial Securities Corp, a broker-dealer and a NASD/SIPC/MSRB member firm, you can trade stock and options at very competitive cent per share rates using our advanced trading software.

Golden Beneficial Securities Corp clears through Instinet Clearing Services, a wholly owned subsidiary of Instinet Corporation. Instinet Clearing Services is one of the largest clearing firms in the United States and as of December 31, 2002 Instinet has total assets a tad under a BILLION dollars ($983,585,372 to be exact). They are in the Top Five of Largest Clearing firms, account for 30 to 35% of the daily NASDAQ volume, and have the best hard to borrow list in the industry (this means you can short just about anything). More information on Instinet Clearing Services can be found by clicking here.

Pro Trading Systems, Inc. offers advanced charting and scanning software. Through our affiliation with Golden Beneficial Securities Corp, a broker-dealer and a NASD/SIPC/MSRB member firm, we provide you professional level direct access trading system for Nasdaq, NYSE and AMEX securities, options, and e-mini futures.

Most traditional on-line brokers are web-based. This means that orders entered online are first sent to a broker who then places the order for you. With our execution system, your orders are sent directly to the exchange, ECN or marketplace for fast executions, all for a low, competitive cent per share fee. Many other direct access firms charge tickets, preventing you from inexpensively scaling into and out of positions. It is also possible with some of them that your order will get partial fills where you may have to pay more than one ticket charge for your order. The biggest thing that sets us apart from all of our competition is our software. If you feel it will benefit your trading by reducing the numbers of stocks you have to manually watch, or with our unique charting and exclusive indicators found in no other charting package, then you need to trade with us because this software is not available anywhere else.

Pro Trading Systems, Inc. has been in business for over three years. What started out as two professional traders developing advanced and unique trading software for our own personal trading developed into a software business. We first developed charting and scanning plugins (Erlanger Quote, Trade Station, and Metastock) for active professional traders and have been actively developing our latest charting and scanning software for the last two years. Through our affiliation with Golden Beneficial Securities Corp we can now bring you integrated brokerage services as well, in one complete package.

Under Section 31 of the Securities Exchange Act of 1934, National Association of Securities Dealers (NASD) and national securities exchanges, such as the New York Stock Exchange (NYSE) and the American Stock Exchange (ASE), must pay transaction fees to the Securities Exchange Commission (SEC). Each brokerage firm passes along the fees it collects to NASD and the exchanges, and these fees are ultimately forwarded to the U.S. Treasury. SEC fees are only assessed when you sell a stock. Click for more details.

To open an account, click the "Apply Now" link on our home page and complete the online application. Then simply print and sign the application and mail it to:

Golden Beneficial Securities
Attn: ProTradingSystems, Inc.
5850 San Felipe, Suite 111
Houston, Texas 77057

The fastest way to open an account is by filling out an application online. You will be guided through a series of forms appropriate for the type of account you choose to open. Once your account is funded, you can begin trading.

A cash account is not issued any margin or short selling abilities. A margin account is issued 4:1 intraday and 2:1 overnight buying power as well as the ability to short sell securities. Margin accounts with balances less than $25,000 are limited to three (3) day trades in five (5) business days, whereas cash accounts are limited to their aggregate cash per day. Margin accounts with balances greater than $25,000 have no restriction on the number of trades placed.

A day trading account is an account with a balance of at least $25,000 or an account that has displayed day trading tendencies. Any account that exceeds three (3) day trades in five (5) business days is automatically considered a day trading account and will be required to maintain a balance of $25,000 to retain margin ability.

Please make checks payable to our clearing firm, "Instinet Clearing Services", and mail the check to Golden Beneficial Securities Corp at:

Golden Beneficial Securities Corp
5850 San Felipe, Suite 111
Houston, Texas 77057

You can transfer an account to Golden Beneficial Securities Corp by ACAT (Automated Customer Account Transfer) or by DTC (Depository Trust Company) transfer. An ACAT can be used to close an account and/or transfer securities and/or cash from one financial institution to your Golden Beneficial Securities Corp account. A DTC transfer can be used to transfer a partial account from one financial institution to your Golden Beneficial Securities Corp account. Please visit our "Deposit Funds" page for details.

Pro Trading Systems has developed our own order entry software. We support market, limit, stop market, stop limit, and trailing stop orders. Our order execution software is completely integrated with our charting application. Simply click the chart or symbol in a quote sheet and it will put it into our order entry software. We offer many advanced trading features that few of our competitors have. One very useful feature is a one click exit of your positions. You can select which stocks you wish to exit, or select all shorts, all longs or even exit all positions with just one click. We offer smart order routing and smart shorting which helps you get your trades off as fast as possible and at the best price. You may also select which exchange, ECN or market maker you wish to route to. View Our Execution User Manual

Yes, Pro Trading Systems, Inc. offers extended hours trading from 8:00am to 8:00pm EST. To make trades before or after normal market hours you must check the EXT box (Extended Hours Trading).

Yes, you can now enter stops for Nasdaq� securities in addition to NYSE and AMEX securities; the Nasdaq� does not accept them, but our dedicated servers do. We have three different kinds of stops, stop market, stop limit and also stop trailing. Your stops reside on our execution servers which protects you if you lose power, Internet access or your computer crashes.

Because we use Instinet as our clearing firm, we offer some of the best trade reporting available. Not only can you view your current account balance / summary and trades made any day you wish to view them, we also give you graphs of your equity and P&L curve, let you view your current positions and even view the hard to borrow list. Click here to see what our online account information page looks like.

We require the following:

Windows NT, 2000, XP (Win95, Win98, and ME not supported)

1 GHz processor

256 MB of RAM

5 MB free hard disk space

28.8 Kbps modem (ISDN, Cable, or DSL preferred)

Microsoft Internet Explorer version 5.5

We recommended the following:

Windows NT, 2000, XP

2 GHz or higher processor

512 MB of RAM

90 MB free hard disk space

Cable or DSL

Microsoft Internet Explorer version 5.5 or higher