Recent content by newtrader101

1

Here is the deal with NTRD. They pay you 2.5 per thousand shares traded minus losses and minus ecn fees. So if you do 1,000,000 shares, your gross payout is 2500 for that day. To do that you have to risk 2 - 4 cents if it is a volatile stock. So you can try to buy 100-250 k shares a time...

I am serioulsy considering Pointdirex. Check out their rates. http://www.pointdirex.com/ .007 per share with 11.99 max.

Pointdirex prop trading program requires only 10 k min with 100%payout.

do you route chx executions for nasdaq or nyse?

They don't charge a monthly desk fee. Plus they have great commissions and 100% payout. http://www.elitetrader.com/vb/showthread.php?threadid=7013

10k

They offer remote trading.

Pointdirex has an LLC plan. Has anyone worked with their LLC program? Also how are their rates compared to other firms. I have found that their rates are very good compared to other firms I have looked at. I have not seen any posts on this website regarding PointDirex LLC traders. They are...