Recent content by Cmdty111786

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    Can someone explain net income from a prop firm after taxes?

    But will I owe taxes on the $100K with just $50K in income, or do I just pay income and cap gains taxes on the $50K?
  2. C

    Can someone explain net income from a prop firm after taxes?

    Hypothetically, lets say the prop firm takes 50% of the gains, and you made $100,000 in gains trading futures, how much makes it back to you after the firm gets their cut, taxes you pay on cap gains and as an independent contractor, etc.?
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    Anyone go through SMB's tryout program?

    Thanks! I'm more curious about how it is after you passed the tryout. After you hit the minimum, how soon after did you start trading for SMB? Also, as a trader for SMB, do you participate in any of their group trading sessions, mentoring, etc.?
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    Anyone go through SMB's tryout program?

    Awesome thanks! How quickly was the turnaround from when you hit the profit target to when you started trading a funded account? Also, do you participate in their programs where you meet with their trading coach, etc.?
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    Anyone go through SMB's tryout program?

    I'm thinking of trying out soon and I'm wondering about people's experiences. Note: Yes, I know of other firms and please don't post your opinion of it if you haven't tried it.
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    Passed the SMB Futures tryout in 15 days

    I'm thinking of trying out soon and I'm wondering if you have the time to answer a couple questions : 1. How soon after passing the tryout did you begin trading with their capital? 2. What Sierra Chart data package did you need? Is real time data for Sierra Chart included in the $325/month...
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