i was very speculative toward rebate trading but with price movements on stocks like BAC and SIRI and others every second, it looks very lucrative if you know what your doing. would u mind if we talked more bout it since u seem pretty experienced in this style of trading? many people who hate...
Matthew, your joining WTS and having a 2 week payout? I was told they only do monthly?
Send me a PM with where you trade and what branch of WTS as well as ur rates/depo... i wanna compare with my branch...
that is very interesting, i had no idea. i thot that each prop account had at least 25k.
but they can give u an account with 15k and u can still trade as a day trader?
Listen
From what I've learned and from the interviews I've gone on, prop firms are nothing more than retail brokers who offer more leverage to avoid PDT. If u lose money, ur gone, if u profit,
Then good. Only thing is u split profits with the prop depending on ur deal. Almost
All props...
I c... it's just my biggest issue with people and trading is that they say 95% fail... and i've faced that same story when I played poker for a living, and a good number of my best friends are still playing poker professionally. We are part of that 5% who knows that poker can be won, if studied...
yes rebate trading. and yes i know that it's not a very profitable system but they don't just make you do rebate... you are at your free will to trade your own symbols and strategies, as long as you're profitable.
i mean they teach u scalping, but they say you can use whatever strategy you like... position/momentum trading obv exposes you to more risk, so they don't teach you it because they don't want to promote risk... but if your a winning momentum trader, and your making money, they wont care.
When you say this, i get confused, because the prop shop I would sign up with requires $1500 depo and then they offer $50K BP... Im a recent college grad and i dont need to support a family and 3 kids... and making just under $40K trading prop my first year would be amazing... plus I'll be...