Recent content by elguapo

Does anybody know if there is a level 2 that looks like this: This is on sterling, but I have never heard of a broker supporting sterling for futures

like i want to know what your idea of a prop firm is. { its not related to being profitable/being a good trader xyz bullshit ) I'm just genuinely curious what your perspective is. { and you can just pm, that is preferred, because as I've surmised, this board is completely useless in terms of...

Also I'm not trying to be a bad, just horrible fuck with no humility. Its just you were the only person to answer my rhetorical post. { you are literally the only person } Shout out to "spreadprofessor", { my humility knows no bounds lol} A couple years ago I paid for his services. I...

isn't that what a prop firm is for? Only 2 things/two types of people: 1. New/0 confidence, strategy insolvent/seeking. 2. A strategy that cant be automated in a profitable, timely fashion. 3. Leverage and then there is this other thing

The only answer/reason anybody would be concerned about losing a 1 penny deposit in the aforementioned example is if they weren't sure they could make 2 pennies the next month, in light of say retail trading{fdic} being .07 pennies a trade per share. { sorry for switching up the .00xyzs, but...

So what? Who cares/why would you, personally, care? What is it about your personal trading I can relate to? Or what can you relate to in terms of my argument/genuine inquiry/initial post? { i'm trying to understand/find value, so if I sound terrible, its not my intention }. That said, and...

And not to be a dick, { tell me if i'm wrong! }, but your answer was as follows: "I found it amazing after loosing money with 5 such "Firms" you ..." What that implies to me is you think of a prop firm differently then me. More specifically if you do a simple google search of a prop firm...

I probably didn't explain myself clearly, but the best example I can give is this: 1. trader does 10 mill in volume a month. How much does that cost to execute? a. variable, all depends. But assume its .007. So thats 70k in commish. b. again, variable But assume its .0002. Thats 2k in...

I might be too old for this to make sense but try to understand where I'm coming from, why i would say that. Back when i started, 2002/2003, it cost about 7 dollars per 1000 shares at a firm where you were " backed" on a 50/50 split. I'm not knocking that deal just fyi, very much appreciate...

How about this, I'll give you every execution for say 1 year, taxes, ect plus some bullshit you'll see at the end of this rant. In exchange, if you can automate it, that would be great. ( a.k.a, I'm not expecting much, but just hoping the universe isn't full of terrible people. Meaning, I'm...

what is your question.... posting " what? " , ( not trying to be a dick ), doesn't 1. answer/help me in anyway\my reason for posting. 2. my own curiosity doesn't even have a target ( i literally don't know what you're pondering. Instead of posting " what? " you could have posted anything...

The other reason I probably don't see unregulated sub llc's anymore, outside of the fact that it would be frowned upon/regulated, is from volume as a revenue center. If your business is built on marking up, how many sheep can you fleece if your entire business model was decimated by: PFOF...

aka, this industry, its consolidated enough to the point/efficient, that message boards like this have no review on prop firms. I'll give a simple example, leaning on size. That would of cost an unprofitable amount of money to have a programmer incorrectly work on it, while simultaneously...

so of course not. Here is a good example of a failed deal. Unlike futures prop, which honestly makes no sense to me now { i'm not talking about what I see currently, these "tryouts", but back in the day when a simple IOM seat was 10x what it is now, a horrible 2k desk fee and being backed...