Recent content by Maverick74

China..China...China.

It's my understanding under Federal Law that dealer desks and hedge funds must accept all candidates and any discrimination due to lack of intelligence, pedigree, education or lack of market knowledge is strictly prohibited under statute 97.1 of the US Labor Law.

No one is attacking you, we are attacking your idea. It sucks. LOL. Look, it's very simple, a trader either has an edge or doesn't. Now, some of the old school chicago prop firms(the ones Bone mentions) would hire guys right out of school. Obviously these people have never traded so they...

Look, you keep moving the goal posts on this thread. You started this thread stating that "you" wanted to build a better model to fund traders. You then asked for ideas on how to do this. Then when we respond why it's a bad business model, you go into this long diatribe attacking the other...

That post was really hard to read. In the future, use the bold font to separate the questions and the responses. Let me just respond to this last quote of yours which gets back to your first post on this thread: "My genuine interest is to find if there is a middle ground model of not...

The ethics of what? You want a job at Citadel? Great, go apply. I hope you graduated from a top 10 target school and graduated at the top of your class at that school. Plus you better have 2 or 3 bulge bracket internships in your back pocket and preferably a couple of letters of...

And if his next tweet comes out saying $520, then what? LOL.

OK, I found this directly from their website and I was correct. They DO separate their trading from education. From their site: DISCLOSURE * T3 Trading Group, LLC is a Registered SEC Broker-Dealer & Member of the NASDAQ PHLX Stock Exchange. T3 Live, LLC, T3 Securities, Inc and T3 Trading...

I don't know what the T3 model is currently. I know they made a lot of changes to it. I got this directly from their website: "Either you would be required to make a first loss capital contribution to begin trading or, with a profitable track record, may be considered for full funding by the...

There are two large contingents on ET. Older members who are primarily investors but trade their IRA's or 401ks more or less moving stocks around. And younger users with no capital that trade spot FX with stupid leverage. If you collect some data on the daily posting patterns you will see...

You keep saying something that is factually incorrect. The firms you mention who are running combines or selling education are NOT the backers. This might seem trivial to you but it's not. I could create an entity called "Mav's Trading Superstore" where I sell training and then the guys that...

There is a very different regulatory structure for the futures world vs the securities world. The securities regulators are really focused on protecting mom and pop types. The futures world pushes back hard on regulations and points out that there are few mom and pop types trading futures...

There is no business model here. Even if the trader paid me fees I wouldn't back these guys. This business really comes down to having an edge. All the sims in the world are not going to create that edge. My best advice here for most guys if they are young is go to school, get the best...

The contract rolled. LOL.

I'm a macro guy. I watch material stocks closely. I think stocks like X tell a better story about the economy then say FB. That's also why I keep a close eye on copper.