Recent content by JMorphew

All prop firms keep your capital for a year, they are required to do so. however they also all give better than 6:1 and are cheaper than IB. My firm gives me 30:1 intraday, and i pay .0005/share compared to IB's .005

why are you such an asshole? And prop firms are cheaper commissions. Your extremely uneducated and an asshole to boot, how about you go find another forum to spew you moronic statements

Watch all of them. Im serious. I did. Dont put 100% faith in any of them, but make notes of things they have in common.

you sound like an idiot.

I think leverage is only a honey trap for those who dont know how to use it. If you think "if i spend more i can make more" you are using leverage wrong. Ill agree, most traders fall into this category. I think most of your views are about inadequate traders failing. Yes, you need to...

prop firms make money from consistent trading. They dont want you to blow up your account because that means they stop getting your commissions. They dont want a "model for failure" Firstly, there is a difference between the education firms and true prop firms. Most of the education stuff is...

Props are nothing more than leverage. If you are a competent trader you will do well, if you are not you wont. That remains true no matter how you trade, prop or retail. Preparing your self to be a good trader BEFORE going to a prop and using the leverage they offer as a tool is what...

Ive talked to them as well, but the deal they offered was so much worse then RDT's that its making my decision rather hard.

Ive been in contact with them 99% Payout .002 comms $110-160/mo. software/data fees Requires series 56 Sounds good, but they seem to be very unknown which makes me nervous.

Its going to give you 150k-500k bp obviously. I can make money consistently with 100k BP, thats much harder to do with 5k. Thus why prop firms are necessary for some people.

If you need to be taught how to trade, you have no business using a prop firm.

No broker is going to assume any risk, they let that fall on the customer. Read the fine print and you will always find disclaimers about how if they mess up they are not responsilbe. Fair or not, no one is making you use their service and by doing so you agree to their terms.

<table id="post3935398" class="tborder" align="center" border="0" cellpadding="20" cellspacing="0" width="100%"><tbody><tr valign="top"><td class="alt1" id="td_post_3935398" style="border-right: 0px solid "> If a broker fails to execute a stop order, and the result of that failure...