Recent content by angerbridge

Makin money isn't the problem. I was just looking for alternatives to the usually "lets form a group and get a volume discount" type of thing. Thought there might be some better options. Trading systems and newsletters do go for ridiculous prices but I will keep my pride instead of making a few...

Thanks. I expected people to be cynical, thats how most traders are. If it were my first day as a runner at the merc I would expect to be kicked, punched and cussed at, comes with the job.

The idea I was thinking about was if a smaller group of already successful traders could form a prop, since each guy would be producing what a modestly successful branch of a prop would make. Obviously it would cost too much to do this when the end result would just be reduced fees. As far...

Thanks for the reply Don. Obviously starting a prop from scratch is very capital intensive. All the little new props must just be offshoots of other companies like you and Maverick were talking about. Not a bad idea allowing traders to create different arms of the company while keeping the...

You are probably right that without wealth and an existing infrastructure in manufacturing Lambo would not be around. Anyways, I understand the point of your original comment. The point of the thread was to find out why traders hadn't banded together to create their own prop firm more...

No I am not disgruntled, I like my prop firm. Just wanted to find out how hard it would be to start one since so many are always popping up.

Thanks for pointing out the exact way Lamborghini was founded. Expect he didn't even work on cars, he worked on tractors. "A wealthy manufacturer of tractors and air conditioning and heating units systems after World War II, Lamborghini was an enthusiastic owner of sports cars, including...

Thank you. This is more of the information I wanted to know about. It seemed too easy to be true and obviously there is more to it. I have just seen all the fly by night firms and thought if those fools can do it then maybe it is as easy as it looks. Maybe they are just an arm of some bigger...

haha.. The firm wouldn't be near Vegas. So I don't think I would have to be "dealt with" by the Bright boys.

Yah all the costs not associated with trading do seem like the big problem, but how much could they be? If it is just a group of 10 traders all trading remotely there would be no costs for trading equipment, office, and all that junk. No IT problems cuz the software will come from a third party...

I'm not sure how much it would be but I know if someone wants to start there own branch of an existing prop firm the risk capital that must be put up front is pretty small. But if it were a group of 10 successful traders, splitting the initial cost shouldn't be hard as long as it is reasonable.

I see groups of traders coming together to work out better deals from their existing prop firms but how hard would it be for these traders to start their own prop firm? Is it just software and a clearing firm that is needed to start a prop? Seems like if you get rid of the middle man it would be...