Recent content by badvlad

Does anyone have any good/bad experiences with the CSA Group from New York, New York? Their website does not say much. Any input is appreciated.

Remember, there are no weekly guaranteed paychecks for a trader in a prop firm. Bills will be there…Banks do have trading departments. Talk to them, too.

You may want to talk again with guys that had called you up for the interviews :)

You kind of got it in the nose. If you are looking for technology, DRW, Infinium, Allston, Jump Trading, Peak6,TradeLink and Ronin are hard to beat. Other places that are ok are GETCO, Harrison, GHCO and advantage Futures. You really have to look at see what may fit what are you trying to do.

Every so often there is a question about the best trading firms in Chicago, New York or any other locale within or outside of the USA. I have been in this line of work for a while and I have learned some lessons hard way, because, frankly, I did not have anybody to ask about it, nor I had any...

This particular firm is trying to sue traders for a draw, as a friend of mine explained it to me.

I know of a place the had either sued, or it is in process of suing every trader that had been there and taken money out from the accounts and their accounts ended up as a loss at time of separation. (even if that amount was only related to a draw)

Typical backer related B.S. Unfortunately, I have been entrapped into one of those, so now I have to deal with the consequences.

I mean in the US

Why not sue? I do not know about this firm, but there are places like that in the prop world. It is a business model for some of those firms. They run a prop equivalent of a boiler room, trying to hire as many people as humanly possible. If 98 of a 100 do not make it, and 2 have the "Midas...

What would you like to know? I used to be a prop trader there

Game is ok, but very limiting. I have my 5 cents in it, but I am focused on real money and real trades that pay my bills. Who gives a damn about squawk Box Masserati. Make enough money trading and get one by yourself in your own right.

Screen Trading No coaching or mentoring 70% chance of going bust within 6 months. Proper training and conservative trading sizes: 6 months to break even 9 months to profitability 12-18 months to become really consistant performer Naturally, no unfortunate events during this time...